Military expenditure in Namibia
Namibia: Military expenditure was 362.39 million current USD in 2024. ◆ Volatile
Latest (2024)
362.39 million current USD
Change on year
up 6.8%
World rank
116th
of 168 countries
All-time high
537.46 million current USD
in 2014
All-time low
56.96 million current USD
in 1994
Years of data
35
1990–2024
Military expenditure in Namibia, 1990–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
In 2024, military expenditure in Namibia stood at 362.39 million current USD.
Compared with earlier readings it is up 6.8% on the previous year and down 32.6% over ten years.
Over the whole period, military expenditure in Namibia peaked at 537.46 million current USD in 2014 and was at its lowest, 56.96 million current USD, in 1994.
Namibia ranks 116th 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 Namibia, year by year
| Year | current USD | Change |
|---|---|---|
| 1990 | 156.92 million current USD | — |
| 1991 | 144.77 million current USD | -7.7% |
| 1992 | 124.56 million current USD | -14.0% |
| 1993 | 70.16 million current USD | -43.7% |
| 1994 | 56.96 million current USD | -18.8% |
| 1995 | 68.24 million current USD | +19.8% |
| 1996 | 66.46 million current USD | -2.6% |
| 1997 | 83.66 million current USD | +25.9% |
| 1998 | 78.91 million current USD | -5.7% |
| 1999 | 105.77 million current USD | +34.0% |
| 2000 | 92.40 million current USD | -12.6% |
| 2001 | 96.76 million current USD | +4.7% |
| 2002 | 87.99 million current USD | -9.1% |
| 2003 | 129.45 million current USD | +47.1% |
| 2004 | 167.00 million current USD | +29.0% |
| 2005 | 192.07 million current USD | +15.0% |
| 2006 | 199.56 million current USD | +3.9% |
| 2007 | 228.18 million current USD | +14.3% |
| 2008 | 266.25 million current USD | +16.7% |
| 2009 | 299.52 million current USD | +12.5% |
| 2010 | 396.54 million current USD | +32.4% |
| 2011 | 443.59 million current USD | +11.9% |
| 2012 | 412.16 million current USD | -7.1% |
| 2013 | 389.96 million current USD | -5.4% |
| 2014 | 537.46 million current USD | +37.8% |
| 2015 | 518.20 million current USD | -3.6% |
| 2016 | 425.39 million current USD | -17.9% |
| 2017 | 456.08 million current USD | +7.2% |
| 2018 | 455.57 million current USD | -0.1% |
| 2019 | 414.06 million current USD | -9.1% |
| 2020 | 368.23 million current USD | -11.1% |
| 2021 | 400.20 million current USD | +8.7% |
| 2022 | 365.63 million current USD | -8.6% |
| 2023 | 339.40 million current USD | -7.2% |
| 2024 | 362.39 million current USD | +6.8% |
Namibia compared with similar countries
- Namibia's 362.39 million current USD is below the median for lower middle income countries, which is 493.99 million current USD, 73% of the median. (40 countries reporting)
- Namibia's 362.39 million current USD is above the median for Sub-Saharan Africa, which is 293.92 million current USD, 1.2× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 95.64 million current USD | 56.96 million current USD | 156.92 million current USD | 10 |
| 2000s | 175.92 million current USD | 87.99 million current USD | 299.52 million current USD | 10 |
| 2010s | 444.90 million current USD | 389.96 million current USD | 537.46 million current USD | 10 |
| 2020s | 367.17 million current USD | 339.40 million current USD | 400.20 million current USD | 5 |
Countries ranked near Namibia
More public sector data for Namibia
- 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 7 (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 Namibia?
- Military expenditure in Namibia was 362.39 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 Namibia?
- The highest recorded value was 537.46 million current USD in 2014.
- What is the lowest military expenditure recorded in Namibia?
- The lowest recorded value was 56.96 million current USD in 1994.
- How does Namibia rank for military expenditure?
- Namibia ranks 116th out of 168 countries with data for 2024.
- Is military expenditure rising or falling in Namibia?
- Over the last ten years it is down 32.6%. The long-run trend across the full record is volatile.
- Where does this Namibia 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)