Military expenditure in Bangladesh
Bangladesh: Military expenditure was 4.03 billion current USD in 2024. ◆ Volatile
Latest (2024)
4.03 billion current USD
Change on year
up 6.7%
World rank
53rd
of 168 countries
All-time high
4.85 billion current USD
in 2021
All-time low
48.61 million current USD
in 1973
Years of data
52
1973–2024
Military expenditure in Bangladesh, 1973–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
In 2024, military expenditure in Bangladesh stood at 4.03 billion current USD.
The figure is up 6.7% on the previous year and up 71.2% over ten years.
Over the whole period, military expenditure in Bangladesh peaked at 4.85 billion current USD in 2021 and was at its lowest, 48.61 million current USD, in 1973.
Bangladesh ranks 53rd of 168 countries on this measure, 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 Bangladesh, year by year
| Year | current USD | Change |
|---|---|---|
| 1973 | 48.61 million current USD | — |
| 1974 | 72.30 million current USD | +48.7% |
| 1975 | 80.83 million current USD | +11.8% |
| 1976 | 105.29 million current USD | +30.3% |
| 1977 | 128.52 million current USD | +22.1% |
| 1978 | 134.87 million current USD | +4.9% |
| 1979 | 136.25 million current USD | +1.0% |
| 1980 | 167.25 million current USD | +22.8% |
| 1981 | 174.11 million current USD | +4.1% |
| 1982 | 184.68 million current USD | +6.1% |
| 1983 | 231.80 million current USD | +25.5% |
| 1984 | 244.34 million current USD | +5.4% |
| 1985 | 224.95 million current USD | -7.9% |
| 1986 | 248.80 million current USD | +10.6% |
| 1987 | 288.31 million current USD | +15.9% |
| 1988 | 332.00 million current USD | +15.2% |
| 1989 | 378.80 million current USD | +14.1% |
| 1990 | 373.02 million current USD | -1.5% |
| 1991 | 381.72 million current USD | +2.3% |
| 1992 | 427.72 million current USD | +12.1% |
| 1993 | 471.05 million current USD | +10.1% |
| 1994 | 547.42 million current USD | +16.2% |
| 1995 | 620.10 million current USD | +13.3% |
| 1996 | 638.96 million current USD | +3.0% |
| 1997 | 681.91 million current USD | +6.7% |
| 1998 | 701.59 million current USD | +2.9% |
| 1999 | 737.41 million current USD | +5.1% |
| 2000 | 740.80 million current USD | +0.5% |
| 2001 | 705.48 million current USD | -4.8% |
| 2002 | 681.82 million current USD | -3.4% |
| 2003 | 719.44 million current USD | +5.5% |
| 2004 | 770.64 million current USD | +7.1% |
| 2005 | 773.68 million current USD | +0.4% |
| 2006 | 829.68 million current USD | +7.2% |
| 2007 | 953.46 million current USD | +14.9% |
| 2008 | 1.03 billion current USD | +8.0% |
| 2009 | 1.26 billion current USD | +22.2% |
| 2010 | 1.62 billion current USD | +29.1% |
| 2011 | 1.80 billion current USD | +10.9% |
| 2012 | 1.82 billion current USD | +1.2% |
| 2013 | 2.05 billion current USD | +12.3% |
| 2014 | 2.36 billion current USD | +15.0% |
| 2015 | 2.82 billion current USD | +19.5% |
| 2016 | 3.24 billion current USD | +15.1% |
| 2017 | 3.27 billion current USD | +0.8% |
| 2018 | 3.65 billion current USD | +11.7% |
| 2019 | 4.35 billion current USD | +19.1% |
| 2020 | 4.65 billion current USD | +7.0% |
| 2021 | 4.85 billion current USD | +4.3% |
| 2022 | 4.21 billion current USD | -13.1% |
| 2023 | 3.78 billion current USD | -10.2% |
| 2024 | 4.03 billion current USD | +6.7% |
Bangladesh compared with similar countries
- Bangladesh's 4.03 billion current USD is above the median for lower middle income countries, which is 493.99 million current USD, 8.2× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 100.95 million current USD | 48.61 million current USD | 136.25 million current USD | 7 |
| 1980s | 247.50 million current USD | 167.25 million current USD | 378.80 million current USD | 10 |
| 1990s | 558.09 million current USD | 373.02 million current USD | 737.41 million current USD | 10 |
| 2000s | 846.38 million current USD | 681.82 million current USD | 1.26 billion current USD | 10 |
| 2010s | 2.70 billion current USD | 1.62 billion current USD | 4.35 billion current USD | 10 |
| 2020s | 4.31 billion current USD | 3.78 billion current USD | 4.85 billion current USD | 5 |
Countries ranked near Bangladesh
More public sector data for Bangladesh
- Democracy, annual growth rate -100 % change on previous year (2024)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate -100 % change on previous year (2024)
- Elected parliament, annual growth rate -100 % change on previous year (2024)
- Chief executive of the government is elected, annual growth rate -100 % change on previous year (2024)
- Democracy 0 (2025)
- Chief executive of the government is elected 0 (2025)
- Elected parliament 0 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military expenditure in Bangladesh?
- Military expenditure in Bangladesh was 4.03 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 Bangladesh?
- The highest recorded value was 4.85 billion current USD in 2021.
- What is the lowest military expenditure recorded in Bangladesh?
- The lowest recorded value was 48.61 million current USD in 1973.
- How does Bangladesh rank for military expenditure?
- Bangladesh ranks 53rd out of 168 countries with data for 2024.
- Is military expenditure rising or falling in Bangladesh?
- Over the last ten years it is up 71.2%. The long-run trend across the full record is volatile.
- Where does this Bangladesh 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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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)