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
156th
of 168 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
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 156th of 168 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure in Liberia, year by year
| Year | current USD | Change |
|---|---|---|
| 1965 | 2.70 million current USD | — |
| 1966 | 2.80 million current USD | +3.7% |
| 1967 | 3.05 million current USD | +8.9% |
| 1968 | 3.05 million current USD | +0.0% |
| 1969 | 3.05 million current USD | +0.0% |
| 1970 | 3.55 million current USD | +16.4% |
| 1971 | 4.05 million current USD | +14.1% |
| 1972 | 4.05 million current USD | +0.0% |
| 1973 | 3.75 million current USD | -7.4% |
| 1974 | 4.55 million current USD | +21.3% |
| 1975 | 5.50 million current USD | +20.9% |
| 1976 | 6.40 million current USD | +16.4% |
| 1977 | 7.75 million current USD | +21.1% |
| 1978 | 8.90 million current USD | +14.8% |
| 1979 | 9.40 million current USD | +5.6% |
| 1980 | 12.75 million current USD | +35.6% |
| 1981 | 26.35 million current USD | +106.7% |
| 1982 | 43.35 million current USD | +64.5% |
| 1983 | 38.75 million current USD | -10.6% |
| 1984 | 24.95 million current USD | -35.6% |
| 1985 | 25.15 million current USD | +0.8% |
| 1986 | 24.35 million current USD | -3.2% |
| 1987 | 22.25 million current USD | -8.6% |
| 1988 | 25.00 million current USD | +12.4% |
| 1991 | 25.00 million current USD | +0.0% |
| 1992 | 22.65 million current USD | -9.4% |
| 1993 | 30.45 million current USD | +34.4% |
| 1994 | 39.30 million current USD | +29.1% |
| 2004 | 4.53 million current USD | -88.5% |
| 2005 | 6.47 million current USD | +42.9% |
| 2006 | 3.90 million current USD | -39.7% |
| 2007 | 2.88 million current USD | -26.1% |
| 2008 | 4.89 million current USD | +69.8% |
| 2009 | 6.74 million current USD | +37.7% |
| 2010 | 8.98 million current USD | +33.3% |
| 2011 | 12.54 million current USD | +39.6% |
| 2012 | 15.18 million current USD | +21.0% |
| 2013 | 15.11 million current USD | -0.4% |
| 2014 | 14.53 million current USD | -3.8% |
| 2015 | 14.80 million current USD | +1.8% |
| 2016 | 14.71 million current USD | -0.6% |
| 2017 | 13.34 million current USD | -9.4% |
| 2018 | 13.23 million current USD | -0.8% |
| 2019 | 12.90 million current USD | -2.5% |
| 2020 | 12.90 million current USD | +0.0% |
| 2021 | 29.72 million current USD | +130.4% |
| 2022 | 52.20 million current USD | +75.6% |
| 2023 | 62.52 million current USD | +19.8% |
| 2024 | 33.83 million current USD | -45.9% |
Liberia compared with similar countries
- Liberia's 33.83 million current USD is below the median for low income countries, which is 375.21 million current USD, 9% of the median. (25 countries reporting)
- Liberia's 33.83 million current USD is below the median for Sub-Saharan Africa, which is 293.92 million current USD, 12% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Military expenditure in Liberia 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.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +130.4% | 12.90 million current USD | 29.72 million current USD |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 153 Sierra Leone 36.45 million current USD compare
- 154 Lesotho 36.30 million current USD compare
- 155 Djibouti 36.27 million current USD compare
- 157 Belize 30.14 million current USD compare
- 158 Seychelles 26.86 million current USD compare
- 159 Guinea-Bissau 25.29 million current USD compare
More public sector data for Liberia
- Democracy, annual growth rate 0 % change on previous year (2025)
- 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 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
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 156th out of 168 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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CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)