Military expenditure (current USD) in Nepal
Nepal: Military expenditure (current USD) was 428.29 million current USD in 2025. ◆ Volatile
Latest (2025)
428.29 million current USD
Change on year
down 1.8%
World rank
114th
of 168 countries
All-time high
456.11 million current USD
in 2022
All-time low
5.19 million current USD
in 1970
Years of data
56
1970–2025
Military expenditure in Nepal, 1970–2025
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
The most recent figure for military expenditure in Nepal is 428.29 million current USD, measured in 2025.
That represents a change of down 1.8% on the previous year and up 32.3% over ten years.
Over the whole period, military expenditure in Nepal peaked at 456.11 million current USD in 2022 and was at its lowest, 5.19 million current USD, in 1970.
That places Nepal 114th out of 168 countries with data for 2025, 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 (current USD) in Nepal, year by year
| Year | current USD | Change |
|---|---|---|
| 1970 | 5.19 million current USD | — |
| 1971 | 5.89 million current USD | +13.6% |
| 1972 | 6.50 million current USD | +10.4% |
| 1973 | 7.15 million current USD | +10.0% |
| 1974 | 8.45 million current USD | +18.1% |
| 1975 | 10.53 million current USD | +24.6% |
| 1976 | 11.88 million current USD | +12.8% |
| 1977 | 13.21 million current USD | +11.2% |
| 1978 | 14.87 million current USD | +12.6% |
| 1979 | 17.30 million current USD | +16.4% |
| 1980 | 20.08 million current USD | +16.1% |
| 1981 | 21.96 million current USD | +9.3% |
| 1982 | 25.49 million current USD | +16.1% |
| 1983 | 29.08 million current USD | +14.1% |
| 1984 | 29.21 million current USD | +0.4% |
| 1985 | 30.53 million current USD | +4.5% |
| 1986 | 31.05 million current USD | +1.7% |
| 1987 | 33.93 million current USD | +9.3% |
| 1988 | 35.79 million current USD | +5.5% |
| 1989 | 36.33 million current USD | +1.5% |
| 1990 | 37.93 million current USD | +4.4% |
| 1991 | 35.43 million current USD | -6.6% |
| 1992 | 37.61 million current USD | +6.1% |
| 1993 | 37.04 million current USD | -1.5% |
| 1994 | 39.25 million current USD | +6.0% |
| 1995 | 39.77 million current USD | +1.3% |
| 1996 | 39.55 million current USD | -0.6% |
| 1997 | 42.59 million current USD | +7.7% |
| 1998 | 42.27 million current USD | -0.7% |
| 1999 | 47.48 million current USD | +12.3% |
| 2000 | 51.36 million current USD | +8.2% |
| 2001 | 64.70 million current USD | +26.0% |
| 2002 | 85.41 million current USD | +32.0% |
| 2003 | 102.93 million current USD | +20.5% |
| 2004 | 130.65 million current USD | +26.9% |
| 2005 | 159.33 million current USD | +21.9% |
| 2006 | 157.25 million current USD | -1.3% |
| 2007 | 169.57 million current USD | +7.8% |
| 2008 | 187.07 million current USD | +10.3% |
| 2009 | 209.70 million current USD | +12.1% |
| 2010 | 254.95 million current USD | +21.6% |
| 2011 | 284.52 million current USD | +11.6% |
| 2012 | 256.69 million current USD | -9.8% |
| 2013 | 281.04 million current USD | +9.5% |
| 2014 | 328.12 million current USD | +16.8% |
| 2015 | 323.80 million current USD | -1.3% |
| 2016 | 356.89 million current USD | +10.2% |
| 2017 | 437.22 million current USD | +22.5% |
| 2018 | 428.30 million current USD | -2.0% |
| 2019 | 423.49 million current USD | -1.1% |
| 2020 | 434.85 million current USD | +2.7% |
| 2021 | 447.96 million current USD | +3.0% |
| 2022 | 456.11 million current USD | +1.8% |
| 2023 | 455.13 million current USD | -0.2% |
| 2024 | 436.04 million current USD | -4.2% |
| 2025 | 428.29 million current USD | -1.8% |
Nepal compared with similar countries
- Nepal's 428.29 million current USD is below the median for lower middle income countries, which is 590.39 million current USD, 73% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.10 million current USD | 5.19 million current USD | 17.30 million current USD | 10 |
| 1980s | 29.35 million current USD | 20.08 million current USD | 36.33 million current USD | 10 |
| 1990s | 39.89 million current USD | 35.43 million current USD | 47.48 million current USD | 10 |
| 2000s | 131.80 million current USD | 51.36 million current USD | 209.70 million current USD | 10 |
| 2010s | 337.50 million current USD | 254.95 million current USD | 437.22 million current USD | 10 |
| 2020s | 443.06 million current USD | 428.29 million current USD | 456.11 million current USD | 6 |
Countries ranked near Nepal
More public sector data for Nepal
- Democracy, 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)
- Elected parliament, 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)
- Arms imports 6.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), annual growth rate 428.57 % change on previous year (2019)
Frequently asked questions
- What is military expenditure in Nepal?
- Military expenditure in Nepal was 428.29 million current USD in 2025, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Nepal?
- The highest recorded value was 456.11 million current USD in 2022.
- What is the lowest military expenditure recorded in Nepal?
- The lowest recorded value was 5.19 million current USD in 1970.
- How does Nepal rank for military expenditure?
- Nepal ranks 114th out of 168 countries with data for 2025.
- Is military expenditure rising or falling in Nepal?
- Over the last ten years it is up 32.3%. The long-run trend across the full record is volatile.
- Where does this Nepal 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)