Military expenditure (current USD), per unit of GDP in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): Military expenditure (current USD), per unit of GDP was 0.0492 current USD per US$ of GDP in 2024. ▲ Rising
Military expenditure (current USD), per unit of GDP in Europe & Central Asia (IDA & IBRD countries), 1992–2024
Source: Statizoid (derived). Measured in current USD per US$ of GDP.
Analysis
Europe & Central Asia (IDA & IBRD countries) recorded 0.0492 current USD per US$ of GDP for military expenditure (current usd), per unit of gdp in 2024. That is the highest value across all 33 years on record.
The figure is up 13.0% on the previous year and up 75.9% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in Europe & Central Asia (IDA & IBRD countries) peaked at 0.0492 current USD per US$ of GDP in 2024 and was at its lowest, 0.0099 current USD per US$ of GDP, in 1992.
That places Europe & Central Asia (IDA & IBRD countries) 1st out of 41 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 33 years of available data.
Military expenditure (current USD), per unit of GDP in Europe & Central Asia (IDA & IBRD countries), year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1992 | 0.0099 current USD per US$ of GDP | — |
| 1993 | 0.0205 current USD per US$ of GDP | +106.8% |
| 1994 | 0.0302 current USD per US$ of GDP | +47.5% |
| 1995 | 0.0274 current USD per US$ of GDP | -9.3% |
| 1996 | 0.0312 current USD per US$ of GDP | +13.8% |
| 1997 | 0.0339 current USD per US$ of GDP | +8.4% |
| 1998 | 0.0275 current USD per US$ of GDP | -18.7% |
| 1999 | 0.03 current USD per US$ of GDP | +9.0% |
| 2000 | 0.0296 current USD per US$ of GDP | -1.2% |
| 2001 | 0.0298 current USD per US$ of GDP | +0.4% |
| 2002 | 0.0313 current USD per US$ of GDP | +5.1% |
| 2003 | 0.0297 current USD per US$ of GDP | -5.0% |
| 2004 | 0.0268 current USD per US$ of GDP | -10.0% |
| 2005 | 0.0265 current USD per US$ of GDP | -1.1% |
| 2006 | 0.0263 current USD per US$ of GDP | -0.6% |
| 2007 | 0.0257 current USD per US$ of GDP | -2.2% |
| 2008 | 0.0254 current USD per US$ of GDP | -1.0% |
| 2009 | 0.0286 current USD per US$ of GDP | +12.6% |
| 2010 | 0.027 current USD per US$ of GDP | -5.8% |
| 2011 | 0.0253 current USD per US$ of GDP | -6.3% |
| 2012 | 0.0268 current USD per US$ of GDP | +5.9% |
| 2013 | 0.0272 current USD per US$ of GDP | +1.6% |
| 2014 | 0.028 current USD per US$ of GDP | +2.8% |
| 2015 | 0.0296 current USD per US$ of GDP | +5.7% |
| 2016 | 0.0313 current USD per US$ of GDP | +5.8% |
| 2017 | 0.0279 current USD per US$ of GDP | -10.8% |
| 2018 | 0.0276 current USD per US$ of GDP | -1.2% |
| 2019 | 0.0285 current USD per US$ of GDP | +3.5% |
| 2020 | 0.0289 current USD per US$ of GDP | +1.2% |
| 2021 | 0.026 current USD per US$ of GDP | -9.9% |
| 2022 | 0.0363 current USD per US$ of GDP | +39.4% |
| 2023 | 0.0435 current USD per US$ of GDP | +19.9% |
| 2024 | 0.0492 current USD per US$ of GDP | +13.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0263 current USD per US$ of GDP | 0.0099 current USD per US$ of GDP | 0.0339 current USD per US$ of GDP | 8 |
| 2000s | 0.028 current USD per US$ of GDP | 0.0254 current USD per US$ of GDP | 0.0313 current USD per US$ of GDP | 10 |
| 2010s | 0.0279 current USD per US$ of GDP | 0.0253 current USD per US$ of GDP | 0.0313 current USD per US$ of GDP | 10 |
| 2020s | 0.0368 current USD per US$ of GDP | 0.026 current USD per US$ of GDP | 0.0492 current USD per US$ of GDP | 5 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
More public sector data for Europe & Central Asia (IDA & IBRD countries)
- Arms imports 8.83 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 19.2 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0014 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 13.61 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 8.83 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 657.44 current USD per person (2024)
- Military expenditure (current USD), annual growth rate 25.48 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 302.41 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 338.22 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 10,485 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), per unit of gdp in Europe & Central Asia (IDA & IBRD countries)?
- Military expenditure (current usd), per unit of gdp in Europe & Central Asia (IDA & IBRD countries) was 0.0492 current USD per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), per unit of gdp recorded in Europe & Central Asia (IDA & IBRD countries)?
- The highest recorded value was 0.0492 current USD per US$ of GDP in 2024.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 0.0099 current USD per US$ of GDP in 1992.
- How does Europe & Central Asia (IDA & IBRD countries) rank for military expenditure (current usd), per unit of gdp?
- Europe & Central Asia (IDA & IBRD countries) ranks 1st out of 41 groups with data for 2024.
- Is military expenditure (current usd), per unit of gdp rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is up 75.9%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia (IDA & IBRD countries) data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military expenditure (current USD) ÷ GDP (current US$)
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.