Military expenditure (current USD) in Azerbaijan

Azerbaijan: Military expenditure was 3.78 billion current USD in 2024. ◆ Volatile

Latest (2024)
3.78 billion current USD
Change on year
up 6.0%
World rank
54th
of 168 countries
All-time high
3.78 billion current USD
in 2024
All-time low
11.07 million current USD
in 1992
Years of data
33
1992–2024

Military expenditure in Azerbaijan, 1992–2024

01.0B2.0B3.0B4.0B1992200820241992: 11.1M current USD1993: 77.5M current USD1994: 43.9M current USD1995: 66.2M current USD1996: 71.6M current USD1997: 92.1M current USD1998: 107.3M current USD1999: 120.3M current USD2000: 119.6M current USD2001: 132.0M current USD2002: 139.9M current USD2003: 176.6M current USD2004: 228.2M current USD2005: 304.5M current USD2006: 717.1M current USD2007: 946.6M current USD2008: 1.6B current USD2009: 1.5B current USD2010: 1.5B current USD2011: 3.1B current USD2012: 3.2B current USD2013: 3.4B current USD2014: 3.4B current USD2015: 2.9B current USD2016: 1.4B current USD2017: 1.5B current USD2018: 1.7B current USD2019: 1.9B current USD2020: 2.2B current USD2021: 2.7B current USD2022: 3.0B current USD2023: 3.6B current USD2024: 3.8B current USD

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.

Analysis

Azerbaijan recorded 3.78 billion current USD for military expenditure in 2024. That is the highest value across all 33 years on record.

Compared with earlier readings it is up 6.0% on the previous year and up 10.2% over ten years.

Over the whole period, military expenditure in Azerbaijan peaked at 3.78 billion current USD in 2024 and was at its lowest, 11.07 million current USD, in 1992.

That places Azerbaijan 54th out of 168 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure in Azerbaijan, year by year

Annual values for Military expenditure (current USD) in Azerbaijan, 1992 to 2024.
Year current USD Change
1992 11.07 million current USD —
1993 77.52 million current USD +600.3%
1994 43.94 million current USD -43.3%
1995 66.16 million current USD +50.6%
1996 71.61 million current USD +8.2%
1997 92.09 million current USD +28.6%
1998 107.26 million current USD +16.5%
1999 120.26 million current USD +12.1%
2000 119.58 million current USD -0.6%
2001 131.96 million current USD +10.4%
2002 139.89 million current USD +6.0%
2003 176.55 million current USD +26.2%
2004 228.25 million current USD +29.3%
2005 304.52 million current USD +33.4%
2006 717.11 million current USD +135.5%
2007 946.60 million current USD +32.0%
2008 1.61 billion current USD +69.8%
2009 1.47 billion current USD -8.4%
2010 1.48 billion current USD +0.3%
2011 3.08 billion current USD +108.6%
2012 3.25 billion current USD +5.4%
2013 3.37 billion current USD +3.7%
2014 3.43 billion current USD +1.8%
2015 2.90 billion current USD -15.4%
2016 1.40 billion current USD -51.8%
2017 1.53 billion current USD +9.4%
2018 1.67 billion current USD +9.4%
2019 1.85 billion current USD +10.9%
2020 2.24 billion current USD +20.7%
2021 2.70 billion current USD +20.8%
2022 2.99 billion current USD +10.6%
2023 3.56 billion current USD +19.1%
2024 3.78 billion current USD +6.0%

Azerbaijan compared with similar countries

  • Azerbaijan's 3.78 billion current USD is above the median for upper middle income countries, which is 1.38 billion current USD, 2.7× the median. (48 countries reporting)
  • Azerbaijan's 3.78 billion current USD is above the median for Europe & Central Asia, which is 2.63 billion current USD, 1.4× the median. (49 countries reporting)

Biggest year-on-year movements

Years where Military expenditure in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1993 +600.3% 11.07 million current USD 77.52 million current USD
2006 +135.5% 304.52 million current USD 717.11 million current USD
2011 +108.6% 1.48 billion current USD 3.08 billion current USD

Averages by decade

DecadeAverage LowestHighest Years
1990s 73.74 million current USD 11.07 million current USD 120.26 million current USD 8
2000s 584.52 million current USD 119.58 million current USD 1.61 billion current USD 10
2010s 2.40 billion current USD 1.40 billion current USD 3.43 billion current USD 10
2020s 3.05 billion current USD 2.24 billion current USD 3.78 billion current USD 5

Countries ranked near Azerbaijan

  1. 51 Malaysia 4.31 billion current USD compare
  2. 52 Argentina 4.18 billion current USD compare
  3. 53 Bangladesh 4.03 billion current USD compare
  4. 55 New Zealand 3.00 billion current USD compare
  5. 56 Slovakia 2.85 billion current USD compare
  6. 57 South Africa 2.84 billion current USD compare

See the full ranking of 212 places →

More public sector data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is military expenditure in Azerbaijan?
Military expenditure in Azerbaijan was 3.78 billion current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Azerbaijan?
The highest recorded value was 3.78 billion current USD in 2024.
What is the lowest military expenditure recorded in Azerbaijan?
The lowest recorded value was 11.07 million current USD in 1992.
How does Azerbaijan rank for military expenditure?
Azerbaijan ranks 54th out of 168 countries with data for 2024.
Is military expenditure rising or falling in Azerbaijan?
Over the last ten years it is up 10.2%. The long-run trend across the full record is volatile.
Where does this Azerbaijan data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.

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Military expenditure in Azerbaijan. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd/azerbaijan/

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About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
212 places, 10,618 data points, 1960–2024
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)