Military expenditure in Liberia

Liberia: Military expenditure was 33.83 million current USD in 2024. ◆ Volatile

Latest (2024)
33.83 million current USD
Change on year
down 45.9%
World rank
154th
of 166 countries
All-time high
62.52 million current USD
in 2023
All-time low
2.70 million current USD
in 1965
Years of data
49
1965–2024

Military expenditure in Liberia, 1965–2024

020.0M40.0M60.0M196519942024

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

Analysis

The most recent figure for military expenditure in Liberia is 33.83 million current USD, measured in 2024.

That represents a change of down 45.9% on the previous year and up 132.8% over ten years.

Over the whole period, military expenditure in Liberia peaked at 62.52 million current USD in 2023 and was at its lowest, 2.70 million current USD, in 1965.

Liberia ranks 154th of 166 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.93 million current USD 2.70 million current USD 3.05 million current USD 5
1970s 5.79 million current USD 3.55 million current USD 9.40 million current USD 10
1980s 26.99 million current USD 12.75 million current USD 43.35 million current USD 9
1990s 29.35 million current USD 22.65 million current USD 39.30 million current USD 4
2000s 4.90 million current USD 2.88 million current USD 6.74 million current USD 6
2010s 13.53 million current USD 8.98 million current USD 15.18 million current USD 10
2020s 38.23 million current USD 12.90 million current USD 62.52 million current USD 5

Countries ranked near Liberia

  1. 151 Sierra Leone 36.45 million current USD compare
  2. 152 Lesotho 36.30 million current USD compare
  3. 153 Djibouti 36.27 million current USD compare
  4. 155 Belize 30.14 million current USD compare
  5. 156 Seychelles 26.86 million current USD compare
  6. 157 Guinea-Bissau 25.29 million current USD compare

See the full ranking of 211 places →

More public sector data for Liberia

All data for Liberia →

Frequently asked questions

What is military expenditure in Liberia?
Military expenditure in Liberia was 33.83 million current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Liberia?
The highest recorded value was 62.52 million current USD in 2023.
What is the lowest military expenditure recorded in Liberia?
The lowest recorded value was 2.70 million current USD in 1965.
How does Liberia rank for military expenditure?
Liberia ranks 154th out of 166 countries with data for 2024.
Is military expenditure rising or falling in Liberia?
Over the last ten years it is up 132.8%. The long-run trend across the full record is volatile.
Where does this Liberia 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)