Military expenditure (current USD), per unit of GDP in Nigeria
Nigeria: Military expenditure (current USD), per unit of GDP was 0.0045 current USD per US$ of GDP in 2024. ◆ Volatile
Latest (2024)
0.0045 current USD per US$ of GDP
Change on year
down 29.4%
World rank
151st
of 166 countries
All-time high
0.109 current USD per US$ of GDP
in 1975
All-time low
0.0028 current USD per US$ of GDP
in 2019
Years of data
65
1960–2024
Military expenditure (current USD), per unit of GDP in Nigeria, 1960–2024
Source: Statizoid (derived). Measured in current USD per US$ of GDP.
Analysis
In 2024, military expenditure (current usd), per unit of gdp in Nigeria stood at 0.0045 current USD per US$ of GDP.
That represents a change of down 29.4% on the previous year and up 9.4% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in Nigeria peaked at 0.109 current USD per US$ of GDP in 1975 and was at its lowest, 0.0028 current USD per US$ of GDP, in 2019.
Nigeria ranks 151st of 166 countries on this measure, in the bottom quarter.
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 Nigeria, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0056 current USD per US$ of GDP | — |
| 1961 | 0.0063 current USD per US$ of GDP | +13.6% |
| 1962 | 0.0079 current USD per US$ of GDP | +24.3% |
| 1963 | 0.0088 current USD per US$ of GDP | +11.9% |
| 1964 | 0.0098 current USD per US$ of GDP | +11.1% |
| 1965 | 0.0112 current USD per US$ of GDP | +14.7% |
| 1966 | 0.0088 current USD per US$ of GDP | -22.0% |
| 1967 | 0.0461 current USD per US$ of GDP | +427.0% |
| 1968 | 0.071 current USD per US$ of GDP | +53.9% |
| 1969 | 0.1032 current USD per US$ of GDP | +45.4% |
| 1970 | 0.0528 current USD per US$ of GDP | -48.8% |
| 1971 | 0.0696 current USD per US$ of GDP | +31.9% |
| 1972 | 0.0737 current USD per US$ of GDP | +5.8% |
| 1973 | 0.0673 current USD per US$ of GDP | -8.7% |
| 1974 | 0.0544 current USD per US$ of GDP | -19.2% |
| 1975 | 0.109 current USD per US$ of GDP | +100.5% |
| 1976 | 0.0728 current USD per US$ of GDP | -33.2% |
| 1977 | 0.0871 current USD per US$ of GDP | +19.6% |
| 1978 | 0.0827 current USD per US$ of GDP | -5.0% |
| 1979 | 0.065 current USD per US$ of GDP | -21.5% |
| 1980 | 0.0472 current USD per US$ of GDP | -27.4% |
| 1981 | 0.013 current USD per US$ of GDP | -72.5% |
| 1982 | 0.0116 current USD per US$ of GDP | -10.9% |
| 1983 | 0.0168 current USD per US$ of GDP | +44.9% |
| 1984 | 0.0165 current USD per US$ of GDP | -1.7% |
| 1985 | 0.0148 current USD per US$ of GDP | -10.2% |
| 1986 | 0.0094 current USD per US$ of GDP | -36.3% |
| 1987 | 0.0038 current USD per US$ of GDP | -59.4% |
| 1988 | 0.0055 current USD per US$ of GDP | +42.6% |
| 1989 | 0.0039 current USD per US$ of GDP | -29.0% |
| 1990 | 0.0051 current USD per US$ of GDP | +32.3% |
| 1991 | 0.0041 current USD per US$ of GDP | -20.2% |
| 1992 | 0.0033 current USD per US$ of GDP | -18.5% |
| 1993 | 0.0051 current USD per US$ of GDP | +52.9% |
| 1994 | 0.004 current USD per US$ of GDP | -22.0% |
| 1995 | 0.0045 current USD per US$ of GDP | +14.1% |
| 1996 | 0.0038 current USD per US$ of GDP | -16.8% |
| 1997 | 0.0041 current USD per US$ of GDP | +7.9% |
| 1998 | 0.0053 current USD per US$ of GDP | +29.1% |
| 1999 | 0.0083 current USD per US$ of GDP | +57.9% |
| 2000 | 0.0053 current USD per US$ of GDP | -35.9% |
| 2001 | 0.0078 current USD per US$ of GDP | +45.6% |
| 2002 | 0.0094 current USD per US$ of GDP | +21.6% |
| 2003 | 0.0056 current USD per US$ of GDP | -40.6% |
| 2004 | 0.0047 current USD per US$ of GDP | -16.0% |
| 2005 | 0.0038 current USD per US$ of GDP | -18.6% |
| 2006 | 0.0033 current USD per US$ of GDP | -15.2% |
| 2007 | 0.0035 current USD per US$ of GDP | +7.2% |
| 2008 | 0.0048 current USD per US$ of GDP | +36.3% |
| 2009 | 0.0051 current USD per US$ of GDP | +7.2% |
| 2010 | 0.0054 current USD per US$ of GDP | +6.3% |
| 2011 | 0.0058 current USD per US$ of GDP | +6.1% |
| 2012 | 0.005 current USD per US$ of GDP | -13.2% |
| 2013 | 0.0047 current USD per US$ of GDP | -6.9% |
| 2014 | 0.0041 current USD per US$ of GDP | -11.7% |
| 2015 | 0.0042 current USD per US$ of GDP | +2.0% |
| 2016 | 0.0043 current USD per US$ of GDP | +1.6% |
| 2017 | 0.0043 current USD per US$ of GDP | +1.3% |
| 2018 | 0.0048 current USD per US$ of GDP | +12.3% |
| 2019 | 0.0028 current USD per US$ of GDP | -42.5% |
| 2020 | 0.0043 current USD per US$ of GDP | +54.1% |
| 2021 | 0.0073 current USD per US$ of GDP | +70.9% |
| 2022 | 0.0048 current USD per US$ of GDP | -34.5% |
| 2023 | 0.0064 current USD per US$ of GDP | +32.4% |
| 2024 | 0.0045 current USD per US$ of GDP | -29.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0279 current USD per US$ of GDP | 0.0056 current USD per US$ of GDP | 0.1032 current USD per US$ of GDP | 10 |
| 1970s | 0.0734 current USD per US$ of GDP | 0.0528 current USD per US$ of GDP | 0.109 current USD per US$ of GDP | 10 |
| 1980s | 0.0142 current USD per US$ of GDP | 0.0038 current USD per US$ of GDP | 0.0472 current USD per US$ of GDP | 10 |
| 1990s | 0.0048 current USD per US$ of GDP | 0.0033 current USD per US$ of GDP | 0.0083 current USD per US$ of GDP | 10 |
| 2000s | 0.0053 current USD per US$ of GDP | 0.0033 current USD per US$ of GDP | 0.0094 current USD per US$ of GDP | 10 |
| 2010s | 0.0045 current USD per US$ of GDP | 0.0028 current USD per US$ of GDP | 0.0058 current USD per US$ of GDP | 10 |
| 2020s | 0.0055 current USD per US$ of GDP | 0.0043 current USD per US$ of GDP | 0.0073 current USD per US$ of GDP | 5 |
Countries ranked near Nigeria
- 148 Gambia 0.006 current USD per US$ of GDP compare
- 149 Nicaragua 0.0053 current USD per US$ of GDP compare
- 150 Sierra Leone 0.0052 current USD per US$ of GDP compare
- 152 Malta 0.0044 current USD per US$ of GDP compare
- 153 Kazakhstan 0.0041 current USD per US$ of GDP compare
- 154 Guatemala 0.0037 current USD per US$ of GDP compare
More public sector data for Nigeria
- Arms imports 67.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.2879 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 -27.96 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 67.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 4.87 current USD per person (2024)
- Military expenditure (current USD), annual growth rate -63.46 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.13 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 102.11 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 3,405 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), per unit of gdp in Nigeria?
- Military expenditure (current usd), per unit of gdp in Nigeria was 0.0045 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 Nigeria?
- The highest recorded value was 0.109 current USD per US$ of GDP in 1975.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in Nigeria?
- The lowest recorded value was 0.0028 current USD per US$ of GDP in 2019.
- How does Nigeria rank for military expenditure (current usd), per unit of gdp?
- Nigeria ranks 151st out of 166 countries with data for 2024.
- Is military expenditure (current usd), per unit of gdp rising or falling in Nigeria?
- Over the last ten years it is up 9.4%. The long-run trend across the full record is volatile.
- Where does this Nigeria 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.
Download this data
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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.