Military expenditure (current USD), per unit of GDP in Low income
Low income: Military expenditure (current USD), per unit of GDP was 0.0154 current USD per US$ of GDP in 2024. ▼ Falling
Military expenditure (current USD), per unit of GDP in Low income, 1970–2024
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 Low income is 0.0154 current USD per US$ of GDP, measured in 2024.
The figure is up 8.6% on the previous year and up 10.8% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in Low income peaked at 0.059 current USD per US$ of GDP in 1986 and was at its lowest, 0.0109 current USD per US$ of GDP, in 2019.
That places Low income 26th out of 41 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 53 years of available data.
Military expenditure (current USD), per unit of GDP in Low income, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0206 current USD per US$ of GDP | — |
| 1973 | 0.0219 current USD per US$ of GDP | +6.0% |
| 1974 | 0.0242 current USD per US$ of GDP | +10.8% |
| 1975 | 0.0293 current USD per US$ of GDP | +21.0% |
| 1976 | 0.0295 current USD per US$ of GDP | +0.7% |
| 1977 | 0.0295 current USD per US$ of GDP | +0.1% |
| 1978 | 0.0311 current USD per US$ of GDP | +5.5% |
| 1979 | 0.0375 current USD per US$ of GDP | +20.2% |
| 1980 | 0.0448 current USD per US$ of GDP | +19.5% |
| 1981 | 0.0418 current USD per US$ of GDP | -6.7% |
| 1982 | 0.0437 current USD per US$ of GDP | +4.7% |
| 1983 | 0.0457 current USD per US$ of GDP | +4.4% |
| 1984 | 0.0559 current USD per US$ of GDP | +22.4% |
| 1985 | 0.0573 current USD per US$ of GDP | +2.5% |
| 1986 | 0.059 current USD per US$ of GDP | +2.9% |
| 1987 | 0.0549 current USD per US$ of GDP | -6.9% |
| 1988 | 0.0562 current USD per US$ of GDP | +2.4% |
| 1989 | 0.0272 current USD per US$ of GDP | -51.6% |
| 1990 | 0.0387 current USD per US$ of GDP | +42.4% |
| 1991 | 0.0436 current USD per US$ of GDP | +12.7% |
| 1992 | 0.0523 current USD per US$ of GDP | +19.9% |
| 1993 | 0.0411 current USD per US$ of GDP | -21.4% |
| 1994 | 0.0482 current USD per US$ of GDP | +17.2% |
| 1995 | 0.0276 current USD per US$ of GDP | -42.7% |
| 1996 | 0.0264 current USD per US$ of GDP | -4.5% |
| 1997 | 0.0254 current USD per US$ of GDP | -3.6% |
| 1998 | 0.0309 current USD per US$ of GDP | +21.5% |
| 1999 | 0.0367 current USD per US$ of GDP | +19.0% |
| 2000 | 0.0283 current USD per US$ of GDP | -23.0% |
| 2001 | 0.0261 current USD per US$ of GDP | -7.6% |
| 2002 | 0.0261 current USD per US$ of GDP | +0.1% |
| 2003 | 0.0269 current USD per US$ of GDP | +2.8% |
| 2004 | 0.028 current USD per US$ of GDP | +4.3% |
| 2005 | 0.024 current USD per US$ of GDP | -14.3% |
| 2006 | 0.0256 current USD per US$ of GDP | +6.7% |
| 2007 | 0.0267 current USD per US$ of GDP | +4.3% |
| 2008 | 0.0275 current USD per US$ of GDP | +2.9% |
| 2009 | 0.0289 current USD per US$ of GDP | +5.0% |
| 2010 | 0.019 current USD per US$ of GDP | -34.3% |
| 2011 | 0.0198 current USD per US$ of GDP | +4.2% |
| 2012 | 0.0125 current USD per US$ of GDP | -36.6% |
| 2013 | 0.014 current USD per US$ of GDP | +12.0% |
| 2014 | 0.0139 current USD per US$ of GDP | -0.8% |
| 2015 | 0.0167 current USD per US$ of GDP | +20.1% |
| 2016 | 0.0176 current USD per US$ of GDP | +5.4% |
| 2017 | 0.0212 current USD per US$ of GDP | +20.3% |
| 2018 | 0.0148 current USD per US$ of GDP | -30.3% |
| 2019 | 0.0109 current USD per US$ of GDP | -26.3% |
| 2020 | 0.0136 current USD per US$ of GDP | +25.3% |
| 2021 | 0.0136 current USD per US$ of GDP | -0.3% |
| 2022 | 0.0118 current USD per US$ of GDP | -12.8% |
| 2023 | 0.0142 current USD per US$ of GDP | +19.8% |
| 2024 | 0.0154 current USD per US$ of GDP | +8.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.028 current USD per US$ of GDP | 0.0206 current USD per US$ of GDP | 0.0375 current USD per US$ of GDP | 8 |
| 1980s | 0.0486 current USD per US$ of GDP | 0.0272 current USD per US$ of GDP | 0.059 current USD per US$ of GDP | 10 |
| 1990s | 0.0371 current USD per US$ of GDP | 0.0254 current USD per US$ of GDP | 0.0523 current USD per US$ of GDP | 10 |
| 2000s | 0.0268 current USD per US$ of GDP | 0.024 current USD per US$ of GDP | 0.0289 current USD per US$ of GDP | 10 |
| 2010s | 0.016 current USD per US$ of GDP | 0.0109 current USD per US$ of GDP | 0.0212 current USD per US$ of GDP | 10 |
| 2020s | 0.0137 current USD per US$ of GDP | 0.0118 current USD per US$ of GDP | 0.0154 current USD per US$ of GDP | 5 |
Countries ranked near Low income
- 23 Djibouti 0.0363 current USD per US$ of GDP compare
- 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 0.034 current USD per US$ of GDP compare
- 29 Estonia 0.0334 current USD per US$ of GDP compare
More public sector data for Low income
- Arms imports 141.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.1887 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 -50.7 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 141.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 12.46 current USD per person (2024)
- Military expenditure (current USD), annual growth rate 17.86 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 9.31 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 19.47 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 537.52 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), per unit of gdp in Low income?
- Military expenditure (current usd), per unit of gdp in Low income was 0.0154 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 income?
- The highest recorded value was 0.059 current USD per US$ of GDP in 1986.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in Low income?
- The lowest recorded value was 0.0109 current USD per US$ of GDP in 2019.
- How does Low income rank for military expenditure (current usd), per unit of gdp?
- Low income ranks 26th out of 41 groups with data for 2024.
- Is military expenditure (current usd), per unit of gdp rising or falling in Low income?
- Over the last ten years it is up 10.8%. The long-run trend across the full record is falling.
- Where does this Low 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.