Military expenditure (current USD) in Nigeria

Nigeria: Military expenditure (current USD) was 2.10 billion current USD in 2025. ◆ Volatile

Latest (2025)
2.10 billion current USD
Change on year
up 85.2%
World rank
67th
of 168 countries
All-time high
4.45 billion current USD
in 2021
All-time low
23.38 million current USD
in 1960
Years of data
66
1960–2025

Military expenditure in Nigeria, 1960–2025

01.0B2.0B3.0B4.0B196019922025

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

Analysis

The most recent figure for military expenditure in Nigeria is 2.10 billion current USD, measured in 2025.

That represents a change of up 85.2% on the previous year and up 1.7% over ten years.

Over the whole period, military expenditure in Nigeria peaked at 4.45 billion current USD in 2021 and was at its lowest, 23.38 million current USD, in 1960.

Nigeria ranks 67th 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 (current USD) in Nigeria, year by year

Annual values for Military expenditure (current USD) in Nigeria, 1960 to 2025.
Year current USD Change
1960 23.38 million current USD —
1961 28.28 million current USD +21.0%
1962 38.64 million current USD +36.6%
1963 45.50 million current USD +17.8%
1964 54.32 million current USD +19.4%
1965 65.94 million current USD +21.4%
1966 55.72 million current USD -15.5%
1967 239.96 million current USD +330.7%
1968 369.04 million current USD +53.8%
1969 684.46 million current USD +85.5%
1970 662.34 million current USD -3.2%
1971 639.26 million current USD -3.5%
1972 904.10 million current USD +41.4%
1973 1.02 billion current USD +12.8%
1974 1.35 billion current USD +32.4%
1975 3.03 billion current USD +124.1%
1976 2.64 billion current USD -12.7%
1977 3.14 billion current USD +18.7%
1978 3.02 billion current USD -3.7%
1979 3.07 billion current USD +1.6%
1980 3.03 billion current USD -1.3%
1981 2.14 billion current USD -29.5%
1982 1.65 billion current USD -22.6%
1983 1.63 billion current USD -1.5%
1984 1.21 billion current USD -25.6%
1985 1.09 billion current USD -9.8%
1986 516.89 million current USD -52.7%
1987 201.69 million current USD -61.0%
1988 271.11 million current USD +34.4%
1989 170.71 million current USD -37.0%
1990 277.30 million current USD +62.4%
1991 243.71 million current USD -12.1%
1992 173.66 million current USD -28.7%
1993 289.23 million current USD +66.6%
1994 319.69 million current USD +10.5%
1995 639.41 million current USD +100.0%
1996 701.41 million current USD +9.7%
1997 818.78 million current USD +16.7%
1998 1.15 billion current USD +40.4%
1999 491.67 million current USD -57.2%
2000 368.64 million current USD -25.0%
2001 570.63 million current USD +54.8%
2002 896.91 million current USD +57.2%
2003 587.46 million current USD -34.5%
2004 639.99 million current USD +8.9%
2005 674.21 million current USD +5.3%
2006 776.15 million current USD +15.1%
2007 971.32 million current USD +25.1%
2008 1.62 billion current USD +66.3%
2009 1.50 billion current USD -6.9%
2010 1.99 billion current USD +32.3%
2011 2.38 billion current USD +19.8%
2012 2.32 billion current USD -2.9%
2013 2.42 billion current USD +4.4%
2014 2.36 billion current USD -2.5%
2015 2.07 billion current USD -12.4%
2016 1.75 billion current USD -15.2%
2017 1.62 billion current USD -7.6%
2018 2.14 billion current USD +32.1%
2019 2.18 billion current USD +1.9%
2020 2.72 billion current USD +24.7%
2021 4.45 billion current USD +63.6%
2022 3.09 billion current USD -30.5%
2023 3.06 billion current USD -0.9%
2024 1.13 billion current USD -62.9%
2025 2.10 billion current USD +85.2%

Nigeria compared with similar countries

  • Nigeria's 2.10 billion current USD is above the median for lower middle income countries, which is 590.39 million current USD, 3.6× the median. (40 countries reporting)
  • Nigeria's 2.10 billion current USD is above the median for Sub-Saharan Africa, which is 338.94 million current USD, 6.2× the median. (46 countries reporting)

Biggest year-on-year movements

Years where Military expenditure (current USD) in Nigeria 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.

YearChange FromTo
1967 +330.7% 55.72 million current USD 239.96 million current USD

Averages by decade

DecadeAverage LowestHighest Years
1960s 160.52 million current USD 23.38 million current USD 684.46 million current USD 10
1970s 1.95 billion current USD 639.26 million current USD 3.14 billion current USD 10
1980s 1.19 billion current USD 170.71 million current USD 3.03 billion current USD 10
1990s 510.45 million current USD 173.66 million current USD 1.15 billion current USD 10
2000s 860.53 million current USD 368.64 million current USD 1.62 billion current USD 10
2010s 2.12 billion current USD 1.62 billion current USD 2.42 billion current USD 10
2020s 2.76 billion current USD 1.13 billion current USD 4.45 billion current USD 6

Countries ranked near Nigeria

  1. 64 Egypt 2.50 billion current USD compare
  2. 65 Syria 2.49 billion current USD compare
  3. 66 Venezuela 2.13 billion current USD compare
  4. 68 Croatia 2.10 billion current USD compare
  5. 69 Uruguay 1.95 billion current USD compare
  6. 70 Belarus 1.94 billion current USD compare

See the full ranking of 212 places →

More public sector data for Nigeria

All data for Nigeria →

Frequently asked questions

What is military expenditure in Nigeria?
Military expenditure in Nigeria was 2.10 billion current USD in 2025, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Nigeria?
The highest recorded value was 4.45 billion current USD in 2021.
What is the lowest military expenditure recorded in Nigeria?
The lowest recorded value was 23.38 million current USD in 1960.
How does Nigeria rank for military expenditure?
Nigeria ranks 67th out of 168 countries with data for 2025.
Is military expenditure rising or falling in Nigeria?
Over the last ten years it is up 1.7%. The long-run trend across the full record is volatile.
Where does this Nigeria 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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Military expenditure in Nigeria. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 November 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd/nigeria/

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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
212 places, 10,705 data points, 1960–2025
Last refreshed

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