Military expenditure (current USD), per capita in Late-demographic dividend

Late-demographic dividend: Military expenditure (current USD), per capita was 259.7 current USD per person in 2024. ◆ Volatile

Latest (2024)
259.7 current USD per person
Change on year
up 14.8%
Rank
10th
of 41 groups
All-time high
259.7 current USD per person
in 2024
All-time low
19.81 current USD per person
in 1989
Years of data
36
1989–2024

Military expenditure (current USD), per capita in Late-demographic dividend, 1989–2024

0501001502002501989200620241989: 19.8 current USD per person1990: 23.2 current USD per person1991: 24 current USD per person1992: 20.9 current USD per person1993: 24.6 current USD per person1994: 29.4 current USD per person1995: 33.5 current USD per person1996: 36.7 current USD per person1997: 38.6 current USD per person1998: 33.7 current USD per person1999: 31.7 current USD per person2000: 35.2 current USD per person2001: 38.9 current USD per person2002: 41.4 current USD per person2003: 45.4 current USD per person2004: 52.3 current USD per person2005: 61.3 current USD per person2006: 72.3 current USD per person2007: 88.3 current USD per person2008: 109.6 current USD per person2009: 114.4 current USD per person2010: 128.8 current USD per person2011: 147 current USD per person2012: 161.4 current USD per person2013: 175 current USD per person2014: 180.2 current USD per person2015: 161 current USD per person2016: 161.2 current USD per person2017: 168 current USD per person2018: 177.3 current USD per person2019: 177.4 current USD per person2020: 180.7 current USD per person2021: 201.8 current USD per person2022: 220.3 current USD per person2023: 226.3 current USD per person2024: 259.7 current USD per person

Source: Statizoid (derived). Measured in current USD per person.

Analysis

In 2024, military expenditure (current usd), per capita in Late-demographic dividend stood at 259.7 current USD per person. That is the highest value across all 36 years on record.

That represents a change of up 14.8% on the previous year and up 44.1% over ten years.

Over the whole period, military expenditure (current usd), per capita in Late-demographic dividend peaked at 259.7 current USD per person in 2024 and was at its lowest, 19.81 current USD per person, in 1989.

Late-demographic dividend ranks 10th of 41 groups on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure (current USD), per capita in Late-demographic dividend, year by year

Annual values for Military expenditure (current USD), per capita in Late-demographic dividend, 1989 to 2024.
Year current USD per person Change
1989 19.81 current USD per person
1990 23.2 current USD per person +17.1%
1991 24.03 current USD per person +3.6%
1992 20.9 current USD per person -13.0%
1993 24.64 current USD per person +17.9%
1994 29.37 current USD per person +19.2%
1995 33.51 current USD per person +14.1%
1996 36.69 current USD per person +9.5%
1997 38.59 current USD per person +5.2%
1998 33.67 current USD per person -12.7%
1999 31.74 current USD per person -5.7%
2000 35.21 current USD per person +10.9%
2001 38.94 current USD per person +10.6%
2002 41.43 current USD per person +6.4%
2003 45.45 current USD per person +9.7%
2004 52.3 current USD per person +15.1%
2005 61.26 current USD per person +17.1%
2006 72.3 current USD per person +18.0%
2007 88.33 current USD per person +22.2%
2008 109.56 current USD per person +24.0%
2009 114.44 current USD per person +4.5%
2010 128.81 current USD per person +12.5%
2011 147.03 current USD per person +14.2%
2012 161.4 current USD per person +9.8%
2013 174.99 current USD per person +8.4%
2014 180.19 current USD per person +3.0%
2015 161.02 current USD per person -10.6%
2016 161.15 current USD per person +0.1%
2017 167.98 current USD per person +4.2%
2018 177.3 current USD per person +5.5%
2019 177.42 current USD per person +0.1%
2020 180.71 current USD per person +1.9%
2021 201.85 current USD per person +11.7%
2022 220.28 current USD per person +9.1%
2023 226.29 current USD per person +2.7%
2024 259.7 current USD per person +14.8%

Averages by decade

DecadeAverage LowestHighest Years
1980s 19.81 current USD per person 19.81 current USD per person 19.81 current USD per person 1
1990s 29.63 current USD per person 20.9 current USD per person 38.59 current USD per person 10
2000s 65.92 current USD per person 35.21 current USD per person 114.44 current USD per person 10
2010s 163.73 current USD per person 128.81 current USD per person 180.19 current USD per person 10
2020s 217.77 current USD per person 180.71 current USD per person 259.7 current USD per person 5

Countries ranked near Late-demographic dividend

  1. 7 Norway 1,873 current USD per person compare
  2. 8 Ukraine 1,709 current USD per person compare
  3. 9 Denmark 1,666 current USD per person compare
  4. 10 Kuwait 1,591 current USD per person compare
  5. 11 Netherlands 1,288 current USD per person compare
  6. 12 Luxembourg 1,287 current USD per person compare
  7. 13 Australia 1,244 current USD per person compare

See the full ranking of 211 places →

More public sector data for Late-demographic dividend

All data for Late-demographic dividend →

Frequently asked questions

What is military expenditure (current usd), per capita in Late-demographic dividend?
Military expenditure (current usd), per capita in Late-demographic dividend was 259.7 current USD per person in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), per capita recorded in Late-demographic dividend?
The highest recorded value was 259.7 current USD per person in 2024.
What is the lowest military expenditure (current usd), per capita recorded in Late-demographic dividend?
The lowest recorded value was 19.81 current USD per person in 1989.
How does Late-demographic dividend rank for military expenditure (current usd), per capita?
Late-demographic dividend ranks 10th out of 41 groups with data for 2024.
Is military expenditure (current usd), per capita rising or falling in Late-demographic dividend?
Over the last ten years it is up 44.1%. The long-run trend across the full record is volatile.
Where does this Late-demographic dividend data come from?
The figures come from Statizoid (derived), published as part of Military expenditure (current USD), per capita. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 36 observations, free to reuse under Derived by Statizoid from the sources named on the page.

Share, cite or embed this page

Cite this page

Military expenditure (current USD), per capita in Late-demographic dividend. Statizoid, drawing on Statizoid (derived). Retrieved 23 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-per-capita/late-demographic-dividend/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://public-sector.statizoid.com/stat/military-expenditure-current-usd-per-capita/late-demographic-dividend/">Military expenditure (current USD), per capita in Late-demographic dividend</a> — Statizoid

How this figure is calculated

Military expenditure (current USD) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military expenditure (current USD) ÷ Population, total

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military expenditure (current USD), per capita
Unit
current USD per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,601 data points, 1960–2024
Last refreshed

Military expenditure (current USD) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.