Military expenditure in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): Military expenditure was 346.78 billion current USD in 2024. ◆ Volatile
Latest (2024)
346.78 billion current USD
Change on year
up 6.2%
Rank
15th
of 42 groups
All-time high
346.78 billion current USD
in 2024
All-time low
17.29 billion current USD
in 1990
Years of data
36
1989–2024
Military expenditure in East Asia & Pacific (IDA & IBRD countries), 1989–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
East Asia & Pacific (IDA & IBRD countries) recorded 346.78 billion current USD for military expenditure in 2024. That is the highest value across all 36 years on record.
The figure is up 6.2% on the previous year and up 65.2% over ten years.
Over the whole period, military expenditure in East Asia & Pacific (IDA & IBRD countries) peaked at 346.78 billion current USD in 2024 and was at its lowest, 17.29 billion current USD, in 1990.
That places East Asia & Pacific (IDA & IBRD countries) 15th out of 42 groups 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 East Asia & Pacific (IDA & IBRD countries), year by year
| Year | current USD | Change |
|---|---|---|
| 1989 | 17.67 billion current USD | — |
| 1990 | 17.29 billion current USD | -2.2% |
| 1991 | 18.19 billion current USD | +5.2% |
| 1992 | 21.93 billion current USD | +20.5% |
| 1993 | 23.17 billion current USD | +5.7% |
| 1994 | 22.82 billion current USD | -1.5% |
| 1995 | 27.13 billion current USD | +18.9% |
| 1996 | 30.39 billion current USD | +12.0% |
| 1997 | 30.94 billion current USD | +1.8% |
| 1998 | 28.58 billion current USD | -7.6% |
| 1999 | 33.80 billion current USD | +18.3% |
| 2000 | 37.30 billion current USD | +10.3% |
| 2001 | 41.89 billion current USD | +12.3% |
| 2002 | 48.03 billion current USD | +14.7% |
| 2003 | 66.53 billion current USD | +38.5% |
| 2004 | 77.30 billion current USD | +16.2% |
| 2005 | 85.47 billion current USD | +10.6% |
| 2006 | 62.56 billion current USD | -26.8% |
| 2007 | 76.22 billion current USD | +21.8% |
| 2008 | 94.83 billion current USD | +24.4% |
| 2009 | 113.06 billion current USD | +19.2% |
| 2010 | 124.70 billion current USD | +10.3% |
| 2011 | 146.81 billion current USD | +17.7% |
| 2012 | 171.36 billion current USD | +16.7% |
| 2013 | 192.96 billion current USD | +12.6% |
| 2014 | 209.87 billion current USD | +8.8% |
| 2015 | 225.16 billion current USD | +7.3% |
| 2016 | 227.11 billion current USD | +0.9% |
| 2017 | 240.71 billion current USD | +6.0% |
| 2018 | 262.08 billion current USD | +8.9% |
| 2019 | 265.54 billion current USD | +1.3% |
| 2020 | 286.14 billion current USD | +7.8% |
| 2021 | 314.64 billion current USD | +10.0% |
| 2022 | 320.56 billion current USD | +1.9% |
| 2023 | 326.39 billion current USD | +1.8% |
| 2024 | 346.78 billion current USD | +6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 17.67 billion current USD | 17.67 billion current USD | 17.67 billion current USD | 1 |
| 1990s | 25.42 billion current USD | 17.29 billion current USD | 33.80 billion current USD | 10 |
| 2000s | 70.32 billion current USD | 37.30 billion current USD | 113.06 billion current USD | 10 |
| 2010s | 206.63 billion current USD | 124.70 billion current USD | 265.54 billion current USD | 10 |
| 2020s | 318.90 billion current USD | 286.14 billion current USD | 346.78 billion current USD | 5 |
Countries ranked near East Asia & Pacific (IDA & IBRD countries)
- 12 Israel 46.51 billion current USD compare
- 13 Poland 38.00 billion current USD compare
- 14 Italy 37.96 billion current USD compare
- 15 Australia 33.82 billion current USD compare
- 16 Canada 29.35 billion current USD compare
- 17 Türkiye 24.98 billion current USD compare
- 18 Spain 24.62 billion current USD compare
More public sector data for East Asia & Pacific (IDA & IBRD countries)
- Arms imports 872.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.4124 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -41.87 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 872.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 163.99 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0156 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.25 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 346.78 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 94.45 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is military expenditure in East Asia & Pacific (IDA & IBRD countries)?
- Military expenditure in East Asia & Pacific (IDA & IBRD countries) was 346.78 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 East Asia & Pacific (IDA & IBRD countries)?
- The highest recorded value was 346.78 billion current USD in 2024.
- What is the lowest military expenditure recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 17.29 billion current USD in 1990.
- How does East Asia & Pacific (IDA & IBRD countries) rank for military expenditure?
- East Asia & Pacific (IDA & IBRD countries) ranks 15th out of 42 groups with data for 2024.
- Is military expenditure rising or falling in East Asia & Pacific (IDA & IBRD countries)?
- Over the last ten years it is up 65.2%. The long-run trend across the full record is volatile.
- Where does this East Asia & Pacific (IDA & IBRD countries) 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)