Military expenditure (current USD), per unit of GDP in World

World: Military expenditure (current USD), per unit of GDP was 0.0237 current USD per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.0237 current USD per US$ of GDP
Change on year
up 6.9%
Rank
1st
of 3 groups
All-time high
0.0381 current USD per US$ of GDP
in 1982
All-time low
0.0207 current USD per US$ of GDP
in 2018
Years of data
48
1977–2024

Military expenditure (current USD), per unit of GDP in World, 1977–2024

00.010.020.030.04197720002024

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 World is 0.0237 current USD per US$ of GDP, measured in 2024.

Compared with earlier readings it is up 6.9% on the previous year and up 8.6% over ten years.

Over the whole period, military expenditure (current usd), per unit of gdp in World peaked at 0.0381 current USD per US$ of GDP in 1982 and was at its lowest, 0.0207 current USD per US$ of GDP, in 2018.

The long-run direction has been consistently falling across the 48 years of available data.

Military expenditure (current USD), per unit of GDP in World, year by year

Annual values for Military expenditure (current USD), per unit of GDP in World, 1977 to 2024.
Year current USD per US$ of GDP Change
1977 0.0353 current USD per US$ of GDP
1978 0.0328 current USD per US$ of GDP -7.0%
1979 0.0313 current USD per US$ of GDP -4.4%
1980 0.0319 current USD per US$ of GDP +1.7%
1981 0.034 current USD per US$ of GDP +6.7%
1982 0.0381 current USD per US$ of GDP +12.1%
1983 0.0368 current USD per US$ of GDP -3.4%
1984 0.0369 current USD per US$ of GDP +0.1%
1985 0.0373 current USD per US$ of GDP +1.0%
1986 0.0345 current USD per US$ of GDP -7.4%
1987 0.0342 current USD per US$ of GDP -0.9%
1988 0.0326 current USD per US$ of GDP -4.8%
1989 0.0321 current USD per US$ of GDP -1.3%
1990 0.031 current USD per US$ of GDP -3.6%
1991 0.0291 current USD per US$ of GDP -6.2%
1992 0.0284 current USD per US$ of GDP -2.2%
1993 0.0267 current USD per US$ of GDP -5.9%
1994 0.0252 current USD per US$ of GDP -5.8%
1995 0.0231 current USD per US$ of GDP -8.2%
1996 0.0225 current USD per US$ of GDP -2.6%
1997 0.0227 current USD per US$ of GDP +0.6%
1998 0.0222 current USD per US$ of GDP -2.0%
1999 0.0219 current USD per US$ of GDP -1.4%
2000 0.0219 current USD per US$ of GDP -0.2%
2001 0.0224 current USD per US$ of GDP +2.3%
2002 0.0233 current USD per US$ of GDP +4.0%
2003 0.0242 current USD per US$ of GDP +4.2%
2004 0.0243 current USD per US$ of GDP +0.2%
2005 0.0243 current USD per US$ of GDP -0.0%
2006 0.0232 current USD per US$ of GDP -4.5%
2007 0.0228 current USD per US$ of GDP -1.6%
2008 0.0234 current USD per US$ of GDP +2.7%
2009 0.0256 current USD per US$ of GDP +9.3%
2010 0.0246 current USD per US$ of GDP -3.8%
2011 0.0235 current USD per US$ of GDP -4.6%
2012 0.0231 current USD per US$ of GDP -1.8%
2013 0.0225 current USD per US$ of GDP -2.9%
2014 0.0219 current USD per US$ of GDP -2.6%
2015 0.0218 current USD per US$ of GDP -0.4%
2016 0.0214 current USD per US$ of GDP -1.9%
2017 0.0209 current USD per US$ of GDP -2.2%
2018 0.0207 current USD per US$ of GDP -1.0%
2019 0.0209 current USD per US$ of GDP +1.1%
2020 0.0224 current USD per US$ of GDP +7.0%
2021 0.021 current USD per US$ of GDP -6.3%
2022 0.0214 current USD per US$ of GDP +2.1%
2023 0.0222 current USD per US$ of GDP +3.7%
2024 0.0237 current USD per US$ of GDP +6.9%

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0331 current USD per US$ of GDP 0.0313 current USD per US$ of GDP 0.0353 current USD per US$ of GDP 3
1980s 0.0348 current USD per US$ of GDP 0.0319 current USD per US$ of GDP 0.0381 current USD per US$ of GDP 10
1990s 0.0253 current USD per US$ of GDP 0.0219 current USD per US$ of GDP 0.031 current USD per US$ of GDP 10
2000s 0.0235 current USD per US$ of GDP 0.0219 current USD per US$ of GDP 0.0256 current USD per US$ of GDP 10
2010s 0.0221 current USD per US$ of GDP 0.0207 current USD per US$ of GDP 0.0246 current USD per US$ of GDP 10
2020s 0.0222 current USD per US$ of GDP 0.021 current USD per US$ of GDP 0.0237 current USD per US$ of GDP 5

Countries ranked near World

  1. 1 Ukraine 0.3391 current USD per US$ of GDP compare
  2. 2 Eritrea 0.2087 current USD per US$ of GDP compare
  3. 3 South Sudan 0.096 current USD per US$ of GDP compare
  4. 4 Israel 0.0858 current USD per US$ of GDP compare

See the full ranking of 210 places →

More public sector data for World

All data for World →

Frequently asked questions

What is military expenditure (current usd), per unit of gdp in World?
Military expenditure (current usd), per unit of gdp in World was 0.0237 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 World?
The highest recorded value was 0.0381 current USD per US$ of GDP in 1982.
What is the lowest military expenditure (current usd), per unit of gdp recorded in World?
The lowest recorded value was 0.0207 current USD per US$ of GDP in 2018.
How does World rank for military expenditure (current usd), per unit of gdp?
World ranks 1st out of 3 groups with data for 2024.
Is military expenditure (current usd), per unit of gdp rising or falling in World?
Over the last ten years it is up 8.6%. The long-run trend across the full record is falling.
Where does this World 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 World. Statizoid, drawing on Statizoid (derived). Retrieved 24 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-per-unit-of-gdp/world/

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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.