Military expenditure (current USD), per unit of GDP in Low & middle income
Low & middle income: Military expenditure (current USD), per unit of GDP was 0.0174 current USD per US$ of GDP in 2024. ▼ Falling
Military expenditure (current USD), per unit of GDP in Low & middle income, 1989–2024
Source: Statizoid (derived). Measured in current USD per US$ of GDP.
Analysis
In 2024, military expenditure (current usd), per unit of gdp in Low & middle income stood at 0.0174 current USD per US$ of GDP.
The figure is up 2.8% on the previous year and up 4.3% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in Low & middle income peaked at 0.0287 current USD per US$ of GDP in 1989 and was at its lowest, 0.0154 current USD per US$ of GDP, in 2021.
Low & middle income ranks 21st of 41 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 36 years of available data.
Military expenditure (current USD), per unit of GDP in Low & middle income, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1989 | 0.0287 current USD per US$ of GDP | — |
| 1990 | 0.0266 current USD per US$ of GDP | -7.3% |
| 1991 | 0.0265 current USD per US$ of GDP | -0.5% |
| 1992 | 0.0267 current USD per US$ of GDP | +0.9% |
| 1993 | 0.0214 current USD per US$ of GDP | -20.0% |
| 1994 | 0.0202 current USD per US$ of GDP | -5.6% |
| 1995 | 0.0196 current USD per US$ of GDP | -3.0% |
| 1996 | 0.0189 current USD per US$ of GDP | -3.4% |
| 1997 | 0.0189 current USD per US$ of GDP | +0.0% |
| 1998 | 0.0192 current USD per US$ of GDP | +1.6% |
| 1999 | 0.0208 current USD per US$ of GDP | +8.4% |
| 2000 | 0.0203 current USD per US$ of GDP | -2.6% |
| 2001 | 0.021 current USD per US$ of GDP | +3.7% |
| 2002 | 0.0204 current USD per US$ of GDP | -2.8% |
| 2003 | 0.0219 current USD per US$ of GDP | +6.9% |
| 2004 | 0.0217 current USD per US$ of GDP | -1.0% |
| 2005 | 0.021 current USD per US$ of GDP | -3.0% |
| 2006 | 0.0169 current USD per US$ of GDP | -19.4% |
| 2007 | 0.0166 current USD per US$ of GDP | -1.9% |
| 2008 | 0.0169 current USD per US$ of GDP | +1.9% |
| 2009 | 0.0183 current USD per US$ of GDP | +8.3% |
| 2010 | 0.0169 current USD per US$ of GDP | -7.9% |
| 2011 | 0.0162 current USD per US$ of GDP | -4.2% |
| 2012 | 0.0164 current USD per US$ of GDP | +1.4% |
| 2013 | 0.0168 current USD per US$ of GDP | +2.2% |
| 2014 | 0.0167 current USD per US$ of GDP | -0.5% |
| 2015 | 0.017 current USD per US$ of GDP | +2.1% |
| 2016 | 0.0169 current USD per US$ of GDP | -0.7% |
| 2017 | 0.0168 current USD per US$ of GDP | -0.8% |
| 2018 | 0.0165 current USD per US$ of GDP | -1.9% |
| 2019 | 0.016 current USD per US$ of GDP | -2.9% |
| 2020 | 0.0168 current USD per US$ of GDP | +5.3% |
| 2021 | 0.0154 current USD per US$ of GDP | -8.2% |
| 2022 | 0.016 current USD per US$ of GDP | +3.6% |
| 2023 | 0.0169 current USD per US$ of GDP | +5.9% |
| 2024 | 0.0174 current USD per US$ of GDP | +2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0287 current USD per US$ of GDP | 0.0287 current USD per US$ of GDP | 0.0287 current USD per US$ of GDP | 1 |
| 1990s | 0.0219 current USD per US$ of GDP | 0.0189 current USD per US$ of GDP | 0.0267 current USD per US$ of GDP | 10 |
| 2000s | 0.0195 current USD per US$ of GDP | 0.0166 current USD per US$ of GDP | 0.0219 current USD per US$ of GDP | 10 |
| 2010s | 0.0166 current USD per US$ of GDP | 0.016 current USD per US$ of GDP | 0.017 current USD per US$ of GDP | 10 |
| 2020s | 0.0165 current USD per US$ of GDP | 0.0154 current USD per US$ of GDP | 0.0174 current USD per US$ of GDP | 5 |
Countries ranked near Low & middle income
- 18 Jordan 0.0437 current USD per US$ of GDP compare
- 19 Poland 0.0414 current USD per US$ of GDP compare
- 20 Yemen 0.0397 current USD per US$ of GDP compare
- 21 Syria 0.0369 current USD per US$ of GDP compare
- 22 Brunei Darussalam 0.0364 current USD per US$ of GDP compare
- 23 Djibouti 0.0363 current USD per US$ of GDP compare
- 24 Colombia 0.0359 current USD per US$ of GDP compare
More public sector data for Low & middle income
- Arms imports 11.23 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.67 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -22.65 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 11.23 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 102.29 current USD per person (2024)
- Military expenditure (current USD), annual growth rate 6.41 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 687.69 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 186.09 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 8,286 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), per unit of gdp in Low & middle income?
- Military expenditure (current usd), per unit of gdp in Low & middle income was 0.0174 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 Low & middle income?
- The highest recorded value was 0.0287 current USD per US$ of GDP in 1989.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in Low & middle income?
- The lowest recorded value was 0.0154 current USD per US$ of GDP in 2021.
- How does Low & middle income rank for military expenditure (current usd), per unit of gdp?
- Low & middle income ranks 21st out of 41 groups with data for 2024.
- Is military expenditure (current usd), per unit of gdp rising or falling in Low & middle income?
- Over the last ten years it is up 4.3%. The long-run trend across the full record is falling.
- Where does this Low & middle 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.