Military expenditure (current USD), per unit of GDP in Lower middle income

Lower middle income: Military expenditure (current USD), per unit of GDP was 0.0186 current USD per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.0186 current USD per US$ of GDP
Change on year
up 1.5%
Rank
19th
of 41 groups
All-time high
0.0417 current USD per US$ of GDP
in 1975
All-time low
0.0151 current USD per US$ of GDP
in 1961
Years of data
65
1960–2024

Military expenditure (current USD), per unit of GDP in Lower middle income, 1960–2024

00.010.020.030.04196019922024

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

Analysis

In 2024, military expenditure (current usd), per unit of gdp in Lower middle income stood at 0.0186 current USD per US$ of GDP.

The figure is up 1.5% on the previous year and down 8.0% over ten years.

Over the whole period, military expenditure (current usd), per unit of gdp in Lower middle income peaked at 0.0417 current USD per US$ of GDP in 1975 and was at its lowest, 0.0151 current USD per US$ of GDP, in 1961.

Lower middle income ranks 19th of 41 groups on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 65 years of available data.

Military expenditure (current USD), per unit of GDP in Lower middle income, year by year

Annual values for Military expenditure (current USD), per unit of GDP in Lower middle income, 1960 to 2024.
Year current USD per US$ of GDP Change
1960 0.0164 current USD per US$ of GDP
1961 0.0151 current USD per US$ of GDP -7.7%
1962 0.0216 current USD per US$ of GDP +42.7%
1963 0.0284 current USD per US$ of GDP +31.3%
1964 0.0287 current USD per US$ of GDP +1.1%
1965 0.0307 current USD per US$ of GDP +7.1%
1966 0.0305 current USD per US$ of GDP -0.6%
1967 0.0286 current USD per US$ of GDP -6.2%
1968 0.0311 current USD per US$ of GDP +8.5%
1969 0.0336 current USD per US$ of GDP +8.4%
1970 0.0337 current USD per US$ of GDP +0.0%
1971 0.0374 current USD per US$ of GDP +11.2%
1972 0.0362 current USD per US$ of GDP -3.3%
1973 0.0337 current USD per US$ of GDP -7.1%
1974 0.0344 current USD per US$ of GDP +2.1%
1975 0.0417 current USD per US$ of GDP +21.2%
1976 0.0398 current USD per US$ of GDP -4.5%
1977 0.0414 current USD per US$ of GDP +4.0%
1978 0.0407 current USD per US$ of GDP -1.7%
1979 0.0355 current USD per US$ of GDP -12.8%
1980 0.0324 current USD per US$ of GDP -8.6%
1981 0.0268 current USD per US$ of GDP -17.3%
1982 0.0282 current USD per US$ of GDP +5.3%
1983 0.0325 current USD per US$ of GDP +15.0%
1984 0.0341 current USD per US$ of GDP +5.0%
1985 0.0326 current USD per US$ of GDP -4.4%
1986 0.0369 current USD per US$ of GDP +13.3%
1987 0.0379 current USD per US$ of GDP +2.5%
1988 0.0369 current USD per US$ of GDP -2.7%
1989 0.0363 current USD per US$ of GDP -1.5%
1990 0.0336 current USD per US$ of GDP -7.3%
1991 0.0294 current USD per US$ of GDP -12.7%
1992 0.0288 current USD per US$ of GDP -1.9%
1993 0.0316 current USD per US$ of GDP +9.8%
1994 0.029 current USD per US$ of GDP -8.2%
1995 0.0275 current USD per US$ of GDP -5.4%
1996 0.0251 current USD per US$ of GDP -8.6%
1997 0.0261 current USD per US$ of GDP +4.1%
1998 0.0258 current USD per US$ of GDP -1.2%
1999 0.0314 current USD per US$ of GDP +21.5%
2000 0.0312 current USD per US$ of GDP -0.5%
2001 0.0319 current USD per US$ of GDP +2.1%
2002 0.0328 current USD per US$ of GDP +3.0%
2003 0.0401 current USD per US$ of GDP +22.3%
2004 0.0413 current USD per US$ of GDP +2.9%
2005 0.0403 current USD per US$ of GDP -2.5%
2006 0.0208 current USD per US$ of GDP -48.2%
2007 0.0195 current USD per US$ of GDP -6.6%
2008 0.0207 current USD per US$ of GDP +6.2%
2009 0.0213 current USD per US$ of GDP +3.0%
2010 0.0206 current USD per US$ of GDP -3.3%
2011 0.0204 current USD per US$ of GDP -1.1%
2012 0.0203 current USD per US$ of GDP -0.6%
2013 0.0208 current USD per US$ of GDP +2.9%
2014 0.0202 current USD per US$ of GDP -3.2%
2015 0.0198 current USD per US$ of GDP -1.8%
2016 0.0202 current USD per US$ of GDP +1.7%
2017 0.0204 current USD per US$ of GDP +1.4%
2018 0.0202 current USD per US$ of GDP -1.3%
2019 0.019 current USD per US$ of GDP -5.5%
2020 0.0204 current USD per US$ of GDP +7.1%
2021 0.0193 current USD per US$ of GDP -5.3%
2022 0.0183 current USD per US$ of GDP -5.2%
2023 0.0183 current USD per US$ of GDP -0.2%
2024 0.0186 current USD per US$ of GDP +1.5%

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.0265 current USD per US$ of GDP 0.0151 current USD per US$ of GDP 0.0336 current USD per US$ of GDP 10
1970s 0.0374 current USD per US$ of GDP 0.0337 current USD per US$ of GDP 0.0417 current USD per US$ of GDP 10
1980s 0.0335 current USD per US$ of GDP 0.0268 current USD per US$ of GDP 0.0379 current USD per US$ of GDP 10
1990s 0.0288 current USD per US$ of GDP 0.0251 current USD per US$ of GDP 0.0336 current USD per US$ of GDP 10
2000s 0.03 current USD per US$ of GDP 0.0195 current USD per US$ of GDP 0.0413 current USD per US$ of GDP 10
2010s 0.0202 current USD per US$ of GDP 0.019 current USD per US$ of GDP 0.0208 current USD per US$ of GDP 10
2020s 0.019 current USD per US$ of GDP 0.0183 current USD per US$ of GDP 0.0204 current USD per US$ of GDP 5

Countries ranked near Lower middle income

  1. 16 Turkmenistan 0.0457 current USD per US$ of GDP compare
  2. 17 Burkina Faso 0.0442 current USD per US$ of GDP compare
  3. 18 Jordan 0.0437 current USD per US$ of GDP compare
  4. 19 Poland 0.0414 current USD per US$ of GDP compare
  5. 20 Yemen 0.0397 current USD per US$ of GDP compare
  6. 21 Syria 0.0369 current USD per US$ of GDP compare
  7. 22 Brunei Darussalam 0.0364 current USD per US$ of GDP compare

See the full ranking of 210 places →

More public sector data for Lower middle income

All data for Lower middle income →

Frequently asked questions

What is military expenditure (current usd), per unit of gdp in Lower middle income?
Military expenditure (current usd), per unit of gdp in Lower middle income was 0.0186 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 Lower middle income?
The highest recorded value was 0.0417 current USD per US$ of GDP in 1975.
What is the lowest military expenditure (current usd), per unit of gdp recorded in Lower middle income?
The lowest recorded value was 0.0151 current USD per US$ of GDP in 1961.
How does Lower middle income rank for military expenditure (current usd), per unit of gdp?
Lower middle income ranks 19th out of 41 groups with data for 2024.
Is military expenditure (current usd), per unit of gdp rising or falling in Lower middle income?
Over the last ten years it is down 8.0%. The long-run trend across the full record is falling.
Where does this Lower 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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Military expenditure (current USD), per unit of GDP in Lower middle income. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-per-unit-of-gdp/lower-middle-income/

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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.