Military expenditure in Estonia

Estonia: Military expenditure was 1.44 billion current USD in 2024. ◆ Volatile

Latest (2024)
1.44 billion current USD
Change on year
up 16.7%
World rank
73rd
of 166 countries
All-time high
1.44 billion current USD
in 2024
All-time low
0 current USD
in 1992
Years of data
33
1992–2024

Military expenditure in Estonia, 1992–2024

0500.0M1.0B1.5B1992200820241992: 0 current USD1993: 13.1M current USD1994: 25.1M current USD1995: 36.3M current USD1996: 41.4M current USD1997: 53.0M current USD1998: 59.9M current USD1999: 73.8M current USD2000: 78.3M current USD2001: 93.8M current USD2002: 122.1M current USD2003: 171.4M current USD2004: 205.0M current USD2005: 204.5M current USD2006: 236.3M current USD2007: 372.0M current USD2008: 429.7M current USD2009: 353.4M current USD2010: 332.2M current USD2011: 389.2M current USD2012: 436.9M current USD2013: 479.3M current USD2014: 512.1M current USD2015: 463.6M current USD2016: 497.7M current USD2017: 537.4M current USD2018: 614.9M current USD2019: 637.0M current USD2020: 718.1M current USD2021: 748.6M current USD2022: 818.3M current USD2023: 1.2B current USD2024: 1.4B current USD

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

Analysis

In 2024, military expenditure in Estonia stood at 1.44 billion current USD. That is the highest value across all 33 years on record.

That represents a change of up 16.7% on the previous year and up 181.6% over ten years.

Over the whole period, military expenditure in Estonia peaked at 1.44 billion current USD in 2024 and was at its lowest, 0 current USD, in 1992.

That places Estonia 73rd out of 166 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s 37.85 million current USD 0 current USD 73.80 million current USD 8
2000s 226.64 million current USD 78.31 million current USD 429.66 million current USD 10
2010s 490.03 million current USD 332.18 million current USD 637.03 million current USD 10
2020s 992.57 million current USD 718.11 million current USD 1.44 billion current USD 5

Countries ranked near Estonia

  1. 70 North Korea 1.60 billion current USD compare
  2. 71 Libya 1.57 billion current USD compare
  3. 72 Belarus 1.49 billion current USD compare
  4. 74 Uzbekistan 1.44 billion current USD compare
  5. 75 Latvia 1.43 billion current USD compare
  6. 76 Armenia 1.42 billion current USD compare

See the full ranking of 211 places →

More public sector data for Estonia

All data for Estonia →

Frequently asked questions

What is military expenditure in Estonia?
Military expenditure in Estonia was 1.44 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 Estonia?
The highest recorded value was 1.44 billion current USD in 2024.
What is the lowest military expenditure recorded in Estonia?
The lowest recorded value was 0 current USD in 1992.
How does Estonia rank for military expenditure?
Estonia ranks 73rd out of 166 countries with data for 2024.
Is military expenditure rising or falling in Estonia?
Over the last ten years it is up 181.6%. The long-run trend across the full record is volatile.
Where does this Estonia 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

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
211 places, 10,601 data points, 1960–2024
Last refreshed

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