Military expenditure (current USD), per capita in Lower middle income

Lower middle income: Military expenditure (current USD), per capita was 43.69 current USD per person in 2024. ◆ Volatile

Latest (2024)
43.69 current USD per person
Change on year
up 3.0%
Rank
29th
of 41 groups
All-time high
43.69 current USD per person
in 2024
All-time low
1.7 current USD per person
in 1961
Years of data
65
1960–2024

Military expenditure (current USD), per capita in Lower middle income, 1960–2024

010203040196019922024

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

Analysis

Lower middle income recorded 43.69 current USD per person for military expenditure (current usd), per capita in 2024. That is the highest value across all 65 years on record.

Compared with earlier readings it is up 3.0% on the previous year and up 16.7% over ten years.

Over the whole period, military expenditure (current usd), per capita in Lower middle income peaked at 43.69 current USD per person in 2024 and was at its lowest, 1.7 current USD per person, in 1961.

That places Lower middle income 29th out of 41 groups with data for 2024, putting it in the middle of the range.

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

Military expenditure (current USD), per capita in Lower middle income, year by year

Annual values for Military expenditure (current USD), per capita in Lower middle income, 1960 to 2024.
Year current USD per person Change
1960 1.78 current USD per person
1961 1.7 current USD per person -4.3%
1962 2.52 current USD per person +48.3%
1963 3.58 current USD per person +42.0%
1964 3.88 current USD per person +8.5%
1965 4.32 current USD per person +11.2%
1966 3.81 current USD per person -11.7%
1967 3.72 current USD per person -2.3%
1968 4.19 current USD per person +12.5%
1969 4.87 current USD per person +16.3%
1970 5.27 current USD per person +8.2%
1971 5.99 current USD per person +13.6%
1972 6.04 current USD per person +0.8%
1973 6.44 current USD per person +6.7%
1974 8.06 current USD per person +25.1%
1975 10.4 current USD per person +29.1%
1976 10.29 current USD per person -1.1%
1977 11.73 current USD per person +14.1%
1978 12.67 current USD per person +8.0%
1979 12.53 current USD per person -1.1%
1980 13.65 current USD per person +8.9%
1981 13.61 current USD per person -0.3%
1982 13.85 current USD per person +1.8%
1983 14.83 current USD per person +7.1%
1984 14.41 current USD per person -2.8%
1985 14.39 current USD per person -0.1%
1986 15.61 current USD per person +8.4%
1987 16.33 current USD per person +4.6%
1988 16.49 current USD per person +1.0%
1989 15.49 current USD per person -6.1%
1990 15.31 current USD per person -1.2%
1991 12.47 current USD per person -18.5%
1992 12.44 current USD per person -0.3%
1993 13.38 current USD per person +7.6%
1994 13.27 current USD per person -0.8%
1995 14.75 current USD per person +11.1%
1996 14.82 current USD per person +0.5%
1997 16.06 current USD per person +8.3%
1998 16.2 current USD per person +0.9%
1999 17.65 current USD per person +9.0%
2000 18.47 current USD per person +4.6%
2001 18.81 current USD per person +1.8%
2002 19.45 current USD per person +3.4%
2003 26.28 current USD per person +35.1%
2004 30.99 current USD per person +17.9%
2005 34.41 current USD per person +11.0%
2006 20.62 current USD per person -40.1%
2007 23.26 current USD per person +12.8%
2008 27.14 current USD per person +16.7%
2009 28.74 current USD per person +5.9%
2010 32.69 current USD per person +13.7%
2011 34.36 current USD per person +5.1%
2012 35.58 current USD per person +3.5%
2013 36.82 current USD per person +3.5%
2014 37.43 current USD per person +1.7%
2015 35.28 current USD per person -5.7%
2016 36.62 current USD per person +3.8%
2017 39.72 current USD per person +8.4%
2018 40.07 current USD per person +0.9%
2019 40.31 current USD per person +0.6%
2020 40.75 current USD per person +1.1%
2021 43.49 current USD per person +6.7%
2022 43 current USD per person -1.1%
2023 42.41 current USD per person -1.4%
2024 43.69 current USD per person +3.0%

Averages by decade

DecadeAverage LowestHighest Years
1960s 3.44 current USD per person 1.7 current USD per person 4.87 current USD per person 10
1970s 8.94 current USD per person 5.27 current USD per person 12.67 current USD per person 10
1980s 14.87 current USD per person 13.61 current USD per person 16.49 current USD per person 10
1990s 14.63 current USD per person 12.44 current USD per person 17.65 current USD per person 10
2000s 24.82 current USD per person 18.47 current USD per person 34.41 current USD per person 10
2010s 36.89 current USD per person 32.69 current USD per person 40.31 current USD per person 10
2020s 42.67 current USD per person 40.75 current USD per person 43.69 current USD per person 5

Countries ranked near Lower middle income

  1. 26 Bahrain 871.15 current USD per person compare
  2. 27 Greece 770.96 current USD per person compare
  3. 28 Latvia 763.99 current USD per person compare
  4. 29 Switzerland 746.46 current USD per person compare
  5. 30 Belgium 721.97 current USD per person compare
  6. 31 Canada 711.23 current USD per person compare
  7. 32 Italy 643.98 current USD per person compare

See the full ranking of 211 places →

More public sector data for Lower middle income

All data for Lower middle income →

Frequently asked questions

What is military expenditure (current usd), per capita in Lower middle income?
Military expenditure (current usd), per capita in Lower middle income was 43.69 current USD per person in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), per capita recorded in Lower middle income?
The highest recorded value was 43.69 current USD per person in 2024.
What is the lowest military expenditure (current usd), per capita recorded in Lower middle income?
The lowest recorded value was 1.7 current USD per person in 1961.
How does Lower middle income rank for military expenditure (current usd), per capita?
Lower middle income ranks 29th out of 41 groups with data for 2024.
Is military expenditure (current usd), per capita rising or falling in Lower middle income?
Over the last ten years it is up 16.7%. The long-run trend across the full record is volatile.
Where does this Lower middle income 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.

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Military expenditure (current USD), per capita in Lower middle income. Statizoid, drawing on Statizoid (derived). Retrieved 24 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-per-capita/lower-middle-income/

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<a href="https://public-sector.statizoid.com/stat/military-expenditure-current-usd-per-capita/lower-middle-income/">Military expenditure (current USD), per capita in Lower middle income</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.