Military expenditure (current USD), per unit of GDP in High income
High income: Military expenditure (current USD), per unit of GDP was 0.0272 current USD per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.0272 current USD per US$ of GDP
Change on year
up 8.3%
Rank
7th
of 41 groups
All-time high
0.0644 current USD per US$ of GDP
in 1962
All-time low
0.0221 current USD per US$ of GDP
in 1999
Years of data
65
1960–2024
Military expenditure (current USD), per unit of GDP in High income, 1960–2024
Source: Statizoid (derived). Measured in current USD per US$ of GDP.
Analysis
High income recorded 0.0272 current USD per US$ of GDP for military expenditure (current usd), per unit of gdp in 2024.
The figure is up 8.3% on the previous year and up 11.4% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in High income peaked at 0.0644 current USD per US$ of GDP in 1962 and was at its lowest, 0.0221 current USD per US$ of GDP, in 1999.
That places High income 7th out of 41 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 65 years of available data.
Military expenditure (current USD), per unit of GDP in High income, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0638 current USD per US$ of GDP | — |
| 1961 | 0.0632 current USD per US$ of GDP | -0.8% |
| 1962 | 0.0644 current USD per US$ of GDP | +1.8% |
| 1963 | 0.0613 current USD per US$ of GDP | -4.7% |
| 1964 | 0.0564 current USD per US$ of GDP | -8.0% |
| 1965 | 0.0536 current USD per US$ of GDP | -5.0% |
| 1966 | 0.057 current USD per US$ of GDP | +6.3% |
| 1967 | 0.0609 current USD per US$ of GDP | +6.9% |
| 1968 | 0.0596 current USD per US$ of GDP | -2.2% |
| 1969 | 0.0554 current USD per US$ of GDP | -7.1% |
| 1970 | 0.0514 current USD per US$ of GDP | -7.2% |
| 1971 | 0.0463 current USD per US$ of GDP | -9.9% |
| 1972 | 0.0433 current USD per US$ of GDP | -6.4% |
| 1973 | 0.0389 current USD per US$ of GDP | -10.2% |
| 1974 | 0.0381 current USD per US$ of GDP | -2.0% |
| 1975 | 0.0371 current USD per US$ of GDP | -2.7% |
| 1976 | 0.0352 current USD per US$ of GDP | -5.1% |
| 1977 | 0.0365 current USD per US$ of GDP | +3.9% |
| 1978 | 0.0336 current USD per US$ of GDP | -8.2% |
| 1979 | 0.0325 current USD per US$ of GDP | -3.3% |
| 1980 | 0.0334 current USD per US$ of GDP | +2.9% |
| 1981 | 0.0363 current USD per US$ of GDP | +8.5% |
| 1982 | 0.0418 current USD per US$ of GDP | +15.2% |
| 1983 | 0.0397 current USD per US$ of GDP | -4.9% |
| 1984 | 0.04 current USD per US$ of GDP | +0.6% |
| 1985 | 0.0405 current USD per US$ of GDP | +1.4% |
| 1986 | 0.0365 current USD per US$ of GDP | -10.0% |
| 1987 | 0.0354 current USD per US$ of GDP | -3.1% |
| 1988 | 0.0333 current USD per US$ of GDP | -5.8% |
| 1989 | 0.0327 current USD per US$ of GDP | -1.7% |
| 1990 | 0.0317 current USD per US$ of GDP | -3.0% |
| 1991 | 0.0295 current USD per US$ of GDP | -7.1% |
| 1992 | 0.0287 current USD per US$ of GDP | -2.6% |
| 1993 | 0.0276 current USD per US$ of GDP | -3.7% |
| 1994 | 0.0261 current USD per US$ of GDP | -5.7% |
| 1995 | 0.0238 current USD per US$ of GDP | -8.7% |
| 1996 | 0.0232 current USD per US$ of GDP | -2.3% |
| 1997 | 0.0235 current USD per US$ of GDP | +1.0% |
| 1998 | 0.0229 current USD per US$ of GDP | -2.6% |
| 1999 | 0.0221 current USD per US$ of GDP | -3.2% |
| 2000 | 0.0222 current USD per US$ of GDP | +0.3% |
| 2001 | 0.0227 current USD per US$ of GDP | +2.1% |
| 2002 | 0.0238 current USD per US$ of GDP | +5.2% |
| 2003 | 0.0247 current USD per US$ of GDP | +3.7% |
| 2004 | 0.0249 current USD per US$ of GDP | +0.6% |
| 2005 | 0.0251 current USD per US$ of GDP | +0.9% |
| 2006 | 0.0248 current USD per US$ of GDP | -0.9% |
| 2007 | 0.0246 current USD per US$ of GDP | -0.8% |
| 2008 | 0.0256 current USD per US$ of GDP | +3.7% |
| 2009 | 0.0282 current USD per US$ of GDP | +10.2% |
| 2010 | 0.0278 current USD per US$ of GDP | -1.4% |
| 2011 | 0.0267 current USD per US$ of GDP | -3.8% |
| 2012 | 0.0262 current USD per US$ of GDP | -1.9% |
| 2013 | 0.0252 current USD per US$ of GDP | -3.9% |
| 2014 | 0.0244 current USD per US$ of GDP | -3.0% |
| 2015 | 0.0242 current USD per US$ of GDP | -0.9% |
| 2016 | 0.0236 current USD per US$ of GDP | -2.5% |
| 2017 | 0.0231 current USD per US$ of GDP | -2.3% |
| 2018 | 0.0229 current USD per US$ of GDP | -0.6% |
| 2019 | 0.0236 current USD per US$ of GDP | +2.9% |
| 2020 | 0.0254 current USD per US$ of GDP | +7.6% |
| 2021 | 0.0241 current USD per US$ of GDP | -5.0% |
| 2022 | 0.0245 current USD per US$ of GDP | +1.6% |
| 2023 | 0.0251 current USD per US$ of GDP | +2.7% |
| 2024 | 0.0272 current USD per US$ of GDP | +8.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0596 current USD per US$ of GDP | 0.0536 current USD per US$ of GDP | 0.0644 current USD per US$ of GDP | 10 |
| 1970s | 0.0393 current USD per US$ of GDP | 0.0325 current USD per US$ of GDP | 0.0514 current USD per US$ of GDP | 10 |
| 1980s | 0.037 current USD per US$ of GDP | 0.0327 current USD per US$ of GDP | 0.0418 current USD per US$ of GDP | 10 |
| 1990s | 0.0259 current USD per US$ of GDP | 0.0221 current USD per US$ of GDP | 0.0317 current USD per US$ of GDP | 10 |
| 2000s | 0.0247 current USD per US$ of GDP | 0.0222 current USD per US$ of GDP | 0.0282 current USD per US$ of GDP | 10 |
| 2010s | 0.0248 current USD per US$ of GDP | 0.0229 current USD per US$ of GDP | 0.0278 current USD per US$ of GDP | 10 |
| 2020s | 0.0253 current USD per US$ of GDP | 0.0241 current USD per US$ of GDP | 0.0272 current USD per US$ of GDP | 5 |
Countries ranked near High income
- 4 Israel 0.0858 current USD per US$ of GDP compare
- 5 Algeria 0.081 current USD per US$ of GDP compare
- 6 Russian Federation 0.0681 current USD per US$ of GDP compare
- 7 Myanmar 0.0677 current USD per US$ of GDP compare
- 8 Qatar 0.0654 current USD per US$ of GDP compare
- 9 Saudi Arabia 0.0641 current USD per US$ of GDP compare
- 10 Burundi 0.0566 current USD per US$ of GDP compare
More public sector data for High income
- Arms imports 17.59 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 12.4 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 16.09 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 17.59 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,385 current USD per person (2024)
- Military expenditure (current USD), annual growth rate 12.96 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.96 trillion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 292.64 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 33,585 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), per unit of gdp in High income?
- Military expenditure (current usd), per unit of gdp in High income was 0.0272 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 High income?
- The highest recorded value was 0.0644 current USD per US$ of GDP in 1962.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in High income?
- The lowest recorded value was 0.0221 current USD per US$ of GDP in 1999.
- How does High income rank for military expenditure (current usd), per unit of gdp?
- High income ranks 7th out of 41 groups with data for 2024.
- Is military expenditure (current usd), per unit of gdp rising or falling in High income?
- Over the last ten years it is up 11.4%. The long-run trend across the full record is falling.
- Where does this High income 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.