Military expenditure (current USD), per unit of GDP in Other small states

Other small states: Military expenditure (current USD), per unit of GDP was 0.0146 current USD per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.0146 current USD per US$ of GDP
Change on year
up 8.2%
Rank
28th
of 41 groups
All-time high
0.0275 current USD per US$ of GDP
in 1992
All-time low
0.0108 current USD per US$ of GDP
in 2017
Years of data
33
1992–2024

Military expenditure (current USD), per unit of GDP in Other small states, 1992–2024

00.010.020.031992200820241992: 0.027 current USD per US$ of GDP1993: 0.018 current USD per US$ of GDP1994: 0.019 current USD per US$ of GDP1995: 0.017 current USD per US$ of GDP1996: 0.021 current USD per US$ of GDP1997: 0.024 current USD per US$ of GDP1998: 0.021 current USD per US$ of GDP1999: 0.015 current USD per US$ of GDP2000: 0.015 current USD per US$ of GDP2001: 0.015 current USD per US$ of GDP2002: 0.013 current USD per US$ of GDP2003: 0.013 current USD per US$ of GDP2004: 0.012 current USD per US$ of GDP2005: 0.013 current USD per US$ of GDP2006: 0.012 current USD per US$ of GDP2007: 0.012 current USD per US$ of GDP2008: 0.012 current USD per US$ of GDP2009: 0.013 current USD per US$ of GDP2010: 0.013 current USD per US$ of GDP2011: 0.012 current USD per US$ of GDP2012: 0.012 current USD per US$ of GDP2013: 0.012 current USD per US$ of GDP2014: 0.013 current USD per US$ of GDP2015: 0.012 current USD per US$ of GDP2016: 0.012 current USD per US$ of GDP2017: 0.011 current USD per US$ of GDP2018: 0.011 current USD per US$ of GDP2019: 0.012 current USD per US$ of GDP2020: 0.013 current USD per US$ of GDP2021: 0.012 current USD per US$ of GDP2022: 0.012 current USD per US$ of GDP2023: 0.014 current USD per US$ of GDP2024: 0.015 current USD per US$ of GDP

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 Other small states is 0.0146 current USD per US$ of GDP, measured in 2024.

The figure is up 8.2% on the previous year and up 17.1% over ten years.

Over the whole period, military expenditure (current usd), per unit of gdp in Other small states peaked at 0.0275 current USD per US$ of GDP in 1992 and was at its lowest, 0.0108 current USD per US$ of GDP, in 2017.

That places Other small states 28th 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 33 years of available data.

Military expenditure (current USD), per unit of GDP in Other small states, year by year

Annual values for Military expenditure (current USD), per unit of GDP in Other small states, 1992 to 2024.
Year current USD per US$ of GDP Change
1992 0.0275 current USD per US$ of GDP
1993 0.0179 current USD per US$ of GDP -35.0%
1994 0.0189 current USD per US$ of GDP +5.9%
1995 0.017 current USD per US$ of GDP -10.4%
1996 0.0207 current USD per US$ of GDP +21.9%
1997 0.0237 current USD per US$ of GDP +14.5%
1998 0.0209 current USD per US$ of GDP -11.8%
1999 0.0154 current USD per US$ of GDP -26.0%
2000 0.0149 current USD per US$ of GDP -3.7%
2001 0.0155 current USD per US$ of GDP +3.9%
2002 0.0134 current USD per US$ of GDP -13.6%
2003 0.013 current USD per US$ of GDP -3.0%
2004 0.0117 current USD per US$ of GDP -10.1%
2005 0.0127 current USD per US$ of GDP +8.7%
2006 0.0123 current USD per US$ of GDP -2.7%
2007 0.0119 current USD per US$ of GDP -3.8%
2008 0.0124 current USD per US$ of GDP +4.4%
2009 0.0135 current USD per US$ of GDP +9.0%
2010 0.0132 current USD per US$ of GDP -1.9%
2011 0.0123 current USD per US$ of GDP -7.1%
2012 0.0122 current USD per US$ of GDP -0.3%
2013 0.0119 current USD per US$ of GDP -2.8%
2014 0.0125 current USD per US$ of GDP +5.0%
2015 0.0122 current USD per US$ of GDP -2.6%
2016 0.0115 current USD per US$ of GDP -5.3%
2017 0.0108 current USD per US$ of GDP -6.8%
2018 0.011 current USD per US$ of GDP +2.2%
2019 0.0116 current USD per US$ of GDP +6.0%
2020 0.0135 current USD per US$ of GDP +15.8%
2021 0.0123 current USD per US$ of GDP -8.8%
2022 0.0118 current USD per US$ of GDP -4.2%
2023 0.0135 current USD per US$ of GDP +14.9%
2024 0.0146 current USD per US$ of GDP +8.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0202 current USD per US$ of GDP 0.0154 current USD per US$ of GDP 0.0275 current USD per US$ of GDP 8
2000s 0.0131 current USD per US$ of GDP 0.0117 current USD per US$ of GDP 0.0155 current USD per US$ of GDP 10
2010s 0.0119 current USD per US$ of GDP 0.0108 current USD per US$ of GDP 0.0132 current USD per US$ of GDP 10
2020s 0.0132 current USD per US$ of GDP 0.0118 current USD per US$ of GDP 0.0146 current USD per US$ of GDP 5

Countries ranked near Other small states

  1. 25 Libya 0.0357 current USD per US$ of GDP compare
  2. 26 Mali 0.0347 current USD per US$ of GDP compare
  3. 27 Morocco 0.0344 current USD per US$ of GDP compare
  4. 28 United States 0.034 current USD per US$ of GDP compare
  5. 29 Estonia 0.0334 current USD per US$ of GDP compare
  6. 30 Latvia 0.0324 current USD per US$ of GDP compare
  7. 31 Greece 0.0313 current USD per US$ of GDP compare

See the full ranking of 210 places →

More public sector data for Other small states

All data for Other small states →

Frequently asked questions

What is military expenditure (current usd), per unit of gdp in Other small states?
Military expenditure (current usd), per unit of gdp in Other small states was 0.0146 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 Other small states?
The highest recorded value was 0.0275 current USD per US$ of GDP in 1992.
What is the lowest military expenditure (current usd), per unit of gdp recorded in Other small states?
The lowest recorded value was 0.0108 current USD per US$ of GDP in 2017.
How does Other small states rank for military expenditure (current usd), per unit of gdp?
Other small states ranks 28th out of 41 groups with data for 2024.
Is military expenditure (current usd), per unit of gdp rising or falling in Other small states?
Over the last ten years it is up 17.1%. The long-run trend across the full record is falling.
Where does this Other small states 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 Other small states. Statizoid, drawing on Statizoid (derived). Retrieved 30 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-per-unit-of-gdp/other-small-states/

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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.