Military expenditure (current USD), per unit of GDP in Heavily indebted poor countries (HIPC)

Heavily indebted poor countries (HIPC): Military expenditure (current USD), per unit of GDP was 0.0117 current USD per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.0117 current USD per US$ of GDP
Change on year
down 3.3%
Rank
33rd
of 41 groups
All-time high
0.0288 current USD per US$ of GDP
in 1990
All-time low
0.0093 current USD per US$ of GDP
in 2012
Years of data
57
1968–2024

Military expenditure (current USD), per unit of GDP in Heavily indebted poor countries (HIPC), 1968–2024

0.010.0150.020.0250.03196819962024

Source: Statizoid (derived). Measured in current USD per US$ of GDP.

Analysis

The most recent figure for military expenditure (current usd), per unit of gdp in Heavily indebted poor countries (HIPC) is 0.0117 current USD per US$ of GDP, measured in 2024.

The figure is down 3.3% on the previous year and up 10.0% over ten years.

Over the whole period, military expenditure (current usd), per unit of gdp in Heavily indebted poor countries (HIPC) peaked at 0.0288 current USD per US$ of GDP in 1990 and was at its lowest, 0.0093 current USD per US$ of GDP, in 2012.

Heavily indebted poor countries (HIPC) ranks 33rd of 41 groups on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 57 years of available data.

Military expenditure (current USD), per unit of GDP in Heavily indebted poor countries (HIPC), year by year

Annual values for Military expenditure (current USD), per unit of GDP in Heavily indebted poor countries (HIPC), 1968 to 2024.
Year current USD per US$ of GDP Change
1968 0.0093 current USD per US$ of GDP
1969 0.0102 current USD per US$ of GDP +9.7%
1970 0.0135 current USD per US$ of GDP +32.3%
1971 0.014 current USD per US$ of GDP +3.4%
1972 0.0136 current USD per US$ of GDP -2.7%
1973 0.0131 current USD per US$ of GDP -3.8%
1974 0.0146 current USD per US$ of GDP +11.3%
1975 0.0157 current USD per US$ of GDP +7.9%
1976 0.0157 current USD per US$ of GDP -0.3%
1977 0.0171 current USD per US$ of GDP +8.9%
1978 0.0203 current USD per US$ of GDP +18.7%
1979 0.0214 current USD per US$ of GDP +5.6%
1980 0.0217 current USD per US$ of GDP +1.3%
1981 0.0208 current USD per US$ of GDP -3.9%
1982 0.0174 current USD per US$ of GDP -16.5%
1983 0.0169 current USD per US$ of GDP -2.7%
1984 0.0185 current USD per US$ of GDP +9.6%
1985 0.0172 current USD per US$ of GDP -7.3%
1986 0.0195 current USD per US$ of GDP +13.6%
1987 0.0184 current USD per US$ of GDP -5.8%
1988 0.0196 current USD per US$ of GDP +6.7%
1989 0.0169 current USD per US$ of GDP -14.2%
1990 0.0288 current USD per US$ of GDP +70.7%
1991 0.0196 current USD per US$ of GDP -32.0%
1992 0.0157 current USD per US$ of GDP -19.9%
1993 0.0179 current USD per US$ of GDP +14.4%
1994 0.0133 current USD per US$ of GDP -25.6%
1995 0.0104 current USD per US$ of GDP -21.9%
1996 0.011 current USD per US$ of GDP +5.5%
1997 0.0112 current USD per US$ of GDP +2.0%
1998 0.0137 current USD per US$ of GDP +21.8%
1999 0.0172 current USD per US$ of GDP +25.6%
2000 0.0155 current USD per US$ of GDP -9.5%
2001 0.0132 current USD per US$ of GDP -14.7%
2002 0.0125 current USD per US$ of GDP -5.7%
2003 0.0131 current USD per US$ of GDP +5.3%
2004 0.0158 current USD per US$ of GDP +20.2%
2005 0.014 current USD per US$ of GDP -11.5%
2006 0.0144 current USD per US$ of GDP +2.8%
2007 0.0155 current USD per US$ of GDP +7.9%
2008 0.0171 current USD per US$ of GDP +9.9%
2009 0.0166 current USD per US$ of GDP -2.9%
2010 0.0105 current USD per US$ of GDP -36.9%
2011 0.0095 current USD per US$ of GDP -9.0%
2012 0.0093 current USD per US$ of GDP -2.5%
2013 0.0104 current USD per US$ of GDP +11.8%
2014 0.0106 current USD per US$ of GDP +2.7%
2015 0.0129 current USD per US$ of GDP +21.3%
2016 0.0146 current USD per US$ of GDP +13.3%
2017 0.0159 current USD per US$ of GDP +8.7%
2018 0.0114 current USD per US$ of GDP -28.3%
2019 0.0112 current USD per US$ of GDP -1.8%
2020 0.0125 current USD per US$ of GDP +11.8%
2021 0.0123 current USD per US$ of GDP -1.8%
2022 0.0113 current USD per US$ of GDP -8.0%
2023 0.0121 current USD per US$ of GDP +7.1%
2024 0.0117 current USD per US$ of GDP -3.3%

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.0098 current USD per US$ of GDP 0.0093 current USD per US$ of GDP 0.0102 current USD per US$ of GDP 2
1970s 0.0159 current USD per US$ of GDP 0.0131 current USD per US$ of GDP 0.0214 current USD per US$ of GDP 10
1980s 0.0187 current USD per US$ of GDP 0.0169 current USD per US$ of GDP 0.0217 current USD per US$ of GDP 10
1990s 0.0159 current USD per US$ of GDP 0.0104 current USD per US$ of GDP 0.0288 current USD per US$ of GDP 10
2000s 0.0148 current USD per US$ of GDP 0.0125 current USD per US$ of GDP 0.0171 current USD per US$ of GDP 10
2010s 0.0116 current USD per US$ of GDP 0.0093 current USD per US$ of GDP 0.0159 current USD per US$ of GDP 10
2020s 0.012 current USD per US$ of GDP 0.0113 current USD per US$ of GDP 0.0125 current USD per US$ of GDP 5

Countries ranked near Heavily indebted poor countries (HIPC)

  1. 30 Latvia 0.0324 current USD per US$ of GDP compare
  2. 31 Greece 0.0313 current USD per US$ of GDP compare
  3. 32 Lithuania 0.0307 current USD per US$ of GDP compare
  4. 33 Botswana 0.0294 current USD per US$ of GDP compare
  5. 34 Bahrain 0.0293 current USD per US$ of GDP compare
  6. 35 Chad 0.028 current USD per US$ of GDP compare
  7. 36 Pakistan 0.0273 current USD per US$ of GDP compare

See the full ranking of 210 places →

More public sector data for Heavily indebted poor countries (HIPC)

All data for Heavily indebted poor countries (HIPC) →

Frequently asked questions

What is military expenditure (current usd), per unit of gdp in Heavily indebted poor countries (HIPC)?
Military expenditure (current usd), per unit of gdp in Heavily indebted poor countries (HIPC) was 0.0117 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 Heavily indebted poor countries (HIPC)?
The highest recorded value was 0.0288 current USD per US$ of GDP in 1990.
What is the lowest military expenditure (current usd), per unit of gdp recorded in Heavily indebted poor countries (HIPC)?
The lowest recorded value was 0.0093 current USD per US$ of GDP in 2012.
How does Heavily indebted poor countries (HIPC) rank for military expenditure (current usd), per unit of gdp?
Heavily indebted poor countries (HIPC) ranks 33rd out of 41 groups with data for 2024.
Is military expenditure (current usd), per unit of gdp rising or falling in Heavily indebted poor countries (HIPC)?
Over the last ten years it is up 10.0%. The long-run trend across the full record is falling.
Where does this Heavily indebted poor countries (HIPC) 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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Military expenditure (current USD), per unit of GDP in Heavily indebted poor countries (HIPC). Statizoid, drawing on Statizoid (derived). Retrieved 02 September 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-per-unit-of-gdp/heavily-indebted-poor-countries-hipc/

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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

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 unit of GDP
Unit
current USD per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,381 data points, 1960–2024
Last refreshed

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.