Military expenditure (current USD), per unit of GDP in Least developed countries
Least developed countries: Military expenditure (current USD), per unit of GDP was 0.0152 current USD per US$ of GDP in 2024. ◆ Volatile
Military expenditure (current USD), per unit of GDP in Least developed countries, 1973–2024
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 Least developed countries is 0.0152 current USD per US$ of GDP, measured in 2024.
Compared with earlier readings it is up 13.3% on the previous year and down 24.1% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in Least developed countries peaked at 0.1138 current USD per US$ of GDP in 2004 and was at its lowest, 0.011 current USD per US$ of GDP, in 1975.
That places Least developed countries 27th 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 unit of GDP in Least developed countries, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1973 | 0.0124 current USD per US$ of GDP | — |
| 1974 | 0.012 current USD per US$ of GDP | -3.0% |
| 1975 | 0.011 current USD per US$ of GDP | -7.9% |
| 1976 | 0.013 current USD per US$ of GDP | +17.4% |
| 1977 | 0.015 current USD per US$ of GDP | +15.4% |
| 1978 | 0.0206 current USD per US$ of GDP | +37.7% |
| 1979 | 0.0228 current USD per US$ of GDP | +10.5% |
| 1980 | 0.0219 current USD per US$ of GDP | -3.6% |
| 1981 | 0.0204 current USD per US$ of GDP | -6.8% |
| 1982 | 0.0204 current USD per US$ of GDP | -0.2% |
| 1983 | 0.0216 current USD per US$ of GDP | +5.7% |
| 1984 | 0.0246 current USD per US$ of GDP | +13.9% |
| 1985 | 0.0223 current USD per US$ of GDP | -9.2% |
| 1986 | 0.0273 current USD per US$ of GDP | +22.4% |
| 1987 | 0.0272 current USD per US$ of GDP | -0.4% |
| 1988 | 0.028 current USD per US$ of GDP | +3.0% |
| 1989 | 0.0289 current USD per US$ of GDP | +3.2% |
| 1990 | 0.0359 current USD per US$ of GDP | +24.2% |
| 1991 | 0.0307 current USD per US$ of GDP | -14.5% |
| 1992 | 0.0339 current USD per US$ of GDP | +10.4% |
| 1993 | 0.0466 current USD per US$ of GDP | +37.4% |
| 1994 | 0.0468 current USD per US$ of GDP | +0.4% |
| 1995 | 0.041 current USD per US$ of GDP | -12.4% |
| 1996 | 0.0409 current USD per US$ of GDP | -0.2% |
| 1997 | 0.0419 current USD per US$ of GDP | +2.4% |
| 1998 | 0.0478 current USD per US$ of GDP | +14.0% |
| 1999 | 0.0599 current USD per US$ of GDP | +25.3% |
| 2000 | 0.0597 current USD per US$ of GDP | -0.2% |
| 2001 | 0.0606 current USD per US$ of GDP | +1.5% |
| 2002 | 0.0625 current USD per US$ of GDP | +3.0% |
| 2003 | 0.1057 current USD per US$ of GDP | +69.1% |
| 2004 | 0.1138 current USD per US$ of GDP | +7.7% |
| 2005 | 0.1062 current USD per US$ of GDP | -6.7% |
| 2006 | 0.0194 current USD per US$ of GDP | -81.7% |
| 2007 | 0.0193 current USD per US$ of GDP | -0.6% |
| 2008 | 0.0209 current USD per US$ of GDP | +8.1% |
| 2009 | 0.0215 current USD per US$ of GDP | +3.0% |
| 2010 | 0.0159 current USD per US$ of GDP | -26.0% |
| 2011 | 0.0154 current USD per US$ of GDP | -2.9% |
| 2012 | 0.0185 current USD per US$ of GDP | +19.9% |
| 2013 | 0.0198 current USD per US$ of GDP | +6.9% |
| 2014 | 0.0201 current USD per US$ of GDP | +1.3% |
| 2015 | 0.0184 current USD per US$ of GDP | -8.0% |
| 2016 | 0.0175 current USD per US$ of GDP | -5.2% |
| 2017 | 0.0179 current USD per US$ of GDP | +2.4% |
| 2018 | 0.0132 current USD per US$ of GDP | -26.5% |
| 2019 | 0.0129 current USD per US$ of GDP | -2.0% |
| 2020 | 0.0145 current USD per US$ of GDP | +12.1% |
| 2021 | 0.0141 current USD per US$ of GDP | -2.4% |
| 2022 | 0.0127 current USD per US$ of GDP | -9.8% |
| 2023 | 0.0134 current USD per US$ of GDP | +5.4% |
| 2024 | 0.0152 current USD per US$ of GDP | +13.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0152 current USD per US$ of GDP | 0.011 current USD per US$ of GDP | 0.0228 current USD per US$ of GDP | 7 |
| 1980s | 0.0243 current USD per US$ of GDP | 0.0204 current USD per US$ of GDP | 0.0289 current USD per US$ of GDP | 10 |
| 1990s | 0.0425 current USD per US$ of GDP | 0.0307 current USD per US$ of GDP | 0.0599 current USD per US$ of GDP | 10 |
| 2000s | 0.059 current USD per US$ of GDP | 0.0193 current USD per US$ of GDP | 0.1138 current USD per US$ of GDP | 10 |
| 2010s | 0.017 current USD per US$ of GDP | 0.0129 current USD per US$ of GDP | 0.0201 current USD per US$ of GDP | 10 |
| 2020s | 0.014 current USD per US$ of GDP | 0.0127 current USD per US$ of GDP | 0.0152 current USD per US$ of GDP | 5 |
Countries ranked near Least developed countries
- 24 Colombia 0.0359 current USD per US$ of GDP compare
- 25 Libya 0.0357 current USD per US$ of GDP compare
- 26 Mali 0.0347 current USD per US$ of GDP compare
- 27 Morocco 0.0344 current USD per US$ of GDP compare
- 28 United States of America 0.034 current USD per US$ of GDP compare
- 29 Estonia 0.0334 current USD per US$ of GDP compare
- 30 Latvia 0.0324 current USD per US$ of GDP compare
More public sector data for Least developed countries
- Arms imports 748.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.645 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -26.74 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 748.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 19.79 current USD per person (2024)
- Military expenditure (current USD), annual growth rate 19.77 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 23.48 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 36.74 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 963.03 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), per unit of gdp in Least developed countries?
- Military expenditure (current usd), per unit of gdp in Least developed countries was 0.0152 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 Least developed countries?
- The highest recorded value was 0.1138 current USD per US$ of GDP in 2004.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in Least developed countries?
- The lowest recorded value was 0.011 current USD per US$ of GDP in 1975.
- How does Least developed countries rank for military expenditure (current usd), per unit of gdp?
- Least developed countries ranks 27th out of 41 groups with data for 2024.
- Is military expenditure (current usd), per unit of gdp rising or falling in Least developed countries?
- Over the last ten years it is down 24.1%. The long-run trend across the full record is volatile.
- Where does this Least developed 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.