Military expenditure (current USD) in Pre-demographic dividend
Pre-demographic dividend: Military expenditure was 22.17 billion current USD in 2024. ◆ Volatile
Latest (2024)
22.17 billion current USD
Change on year
up 1.4%
Rank
35th
of 44 groups
All-time high
24.40 billion current USD
in 2015
All-time low
511.52 million current USD
in 1965
Years of data
60
1965–2024
Military expenditure in Pre-demographic dividend, 1965–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
Pre-demographic dividend recorded 22.17 billion current USD for military expenditure in 2024.
The figure is up 1.4% on the previous year and down 8.4% over ten years.
Over the whole period, military expenditure in Pre-demographic dividend peaked at 24.40 billion current USD in 2015 and was at its lowest, 511.52 million current USD, in 1965.
Pre-demographic dividend ranks 35th of 44 groups 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 Pre-demographic dividend, year by year
| Year | current USD | Change |
|---|---|---|
| 1965 | 511.52 million current USD | — |
| 1966 | 516.35 million current USD | +0.9% |
| 1967 | 680.73 million current USD | +31.8% |
| 1968 | 898.87 million current USD | +32.0% |
| 1969 | 1.36 billion current USD | +51.3% |
| 1970 | 1.47 billion current USD | +7.9% |
| 1971 | 1.54 billion current USD | +4.7% |
| 1972 | 1.89 billion current USD | +23.0% |
| 1973 | 2.29 billion current USD | +21.1% |
| 1974 | 3.53 billion current USD | +54.5% |
| 1975 | 5.47 billion current USD | +54.7% |
| 1976 | 5.32 billion current USD | -2.7% |
| 1977 | 6.39 billion current USD | +20.1% |
| 1978 | 7.22 billion current USD | +12.9% |
| 1979 | 8.12 billion current USD | +12.5% |
| 1980 | 8.75 billion current USD | +7.7% |
| 1981 | 8.76 billion current USD | +0.2% |
| 1982 | 4.18 billion current USD | -52.3% |
| 1983 | 4.09 billion current USD | -2.1% |
| 1984 | 4.13 billion current USD | +1.0% |
| 1985 | 3.96 billion current USD | -4.3% |
| 1986 | 3.57 billion current USD | -9.9% |
| 1987 | 3.62 billion current USD | +1.5% |
| 1988 | 3.86 billion current USD | +6.5% |
| 1989 | 3.68 billion current USD | -4.6% |
| 1990 | 4.77 billion current USD | +29.6% |
| 1991 | 4.05 billion current USD | -15.1% |
| 1992 | 2.69 billion current USD | -33.6% |
| 1993 | 4.23 billion current USD | +57.1% |
| 1994 | 2.25 billion current USD | -46.7% |
| 1995 | 2.09 billion current USD | -7.3% |
| 1996 | 2.30 billion current USD | +10.4% |
| 1997 | 2.71 billion current USD | +17.5% |
| 1998 | 2.92 billion current USD | +7.9% |
| 1999 | 3.55 billion current USD | +21.5% |
| 2000 | 2.94 billion current USD | -17.1% |
| 2001 | 2.77 billion current USD | -6.1% |
| 2002 | 3.28 billion current USD | +18.7% |
| 2003 | 3.67 billion current USD | +11.7% |
| 2004 | 5.58 billion current USD | +52.3% |
| 2005 | 6.79 billion current USD | +21.6% |
| 2006 | 9.02 billion current USD | +32.9% |
| 2007 | 11.67 billion current USD | +29.4% |
| 2008 | 16.76 billion current USD | +43.6% |
| 2009 | 16.45 billion current USD | -1.8% |
| 2010 | 14.67 billion current USD | -10.8% |
| 2011 | 16.15 billion current USD | +10.1% |
| 2012 | 16.39 billion current USD | +1.5% |
| 2013 | 23.47 billion current USD | +43.2% |
| 2014 | 24.20 billion current USD | +3.1% |
| 2015 | 24.40 billion current USD | +0.8% |
| 2016 | 19.84 billion current USD | -18.7% |
| 2017 | 23.12 billion current USD | +16.5% |
| 2018 | 18.82 billion current USD | -18.6% |
| 2019 | 19.46 billion current USD | +3.4% |
| 2020 | 18.70 billion current USD | -3.9% |
| 2021 | 19.97 billion current USD | +6.8% |
| 2022 | 19.37 billion current USD | -3.0% |
| 2023 | 21.85 billion current USD | +12.8% |
| 2024 | 22.17 billion current USD | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 793.55 million current USD | 511.52 million current USD | 1.36 billion current USD | 5 |
| 1970s | 4.32 billion current USD | 1.47 billion current USD | 8.12 billion current USD | 10 |
| 1980s | 4.86 billion current USD | 3.57 billion current USD | 8.76 billion current USD | 10 |
| 1990s | 3.16 billion current USD | 2.09 billion current USD | 4.77 billion current USD | 10 |
| 2000s | 7.89 billion current USD | 2.77 billion current USD | 16.76 billion current USD | 10 |
| 2010s | 20.05 billion current USD | 14.67 billion current USD | 24.40 billion current USD | 10 |
| 2020s | 20.41 billion current USD | 18.70 billion current USD | 22.17 billion current USD | 5 |
Countries ranked near Pre-demographic dividend
- 32 Romania 8.72 billion current USD compare
- 33 Belgium 8.56 billion current USD compare
- 34 Greece 8.02 billion current USD compare
- 35 Iran 7.89 billion current USD compare
- 36 Kuwait 7.79 billion current USD compare
- 37 Finland 6.99 billion current USD compare
- 38 Switzerland 6.72 billion current USD compare
More public sector data for Pre-demographic dividend
- Arms imports 447.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.4046 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -30.8 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 447.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 20.06 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0146 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 1.45 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 22.17 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 31.79 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is military expenditure in Pre-demographic dividend?
- Military expenditure in Pre-demographic dividend was 22.17 billion current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Pre-demographic dividend?
- The highest recorded value was 24.40 billion current USD in 2015.
- What is the lowest military expenditure recorded in Pre-demographic dividend?
- The lowest recorded value was 511.52 million current USD in 1965.
- How does Pre-demographic dividend rank for military expenditure?
- Pre-demographic dividend ranks 35th out of 44 groups with data for 2024.
- Is military expenditure rising or falling in Pre-demographic dividend?
- Over the last ten years it is down 8.4%. The long-run trend across the full record is volatile.
- Where does this Pre-demographic dividend 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)