Military expenditure (current USD) in Singapore
Singapore: Military expenditure was 15.06 billion current USD in 2024. ◆ Volatile
Latest (2024)
15.06 billion current USD
Change on year
up 6.2%
World rank
26th
of 168 countries
All-time high
15.06 billion current USD
in 2024
All-time low
103.64 million current USD
in 1970
Years of data
55
1970–2024
Military expenditure in Singapore, 1970–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
Singapore recorded 15.06 billion current USD for military expenditure in 2024. That is the highest value across all 55 years on record.
That represents a change of up 6.2% on the previous year and up 56.9% over ten years.
Over the whole period, military expenditure in Singapore peaked at 15.06 billion current USD in 2024 and was at its lowest, 103.64 million current USD, in 1970.
Singapore ranks 26th of 168 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure in Singapore, year by year
| Year | current USD | Change |
|---|---|---|
| 1970 | 103.64 million current USD | — |
| 1971 | 128.09 million current USD | +23.6% |
| 1972 | 150.04 million current USD | +17.1% |
| 1973 | 198.89 million current USD | +32.6% |
| 1974 | 225.91 million current USD | +13.6% |
| 1975 | 269.16 million current USD | +19.1% |
| 1976 | 306.27 million current USD | +13.8% |
| 1977 | 380.52 million current USD | +24.2% |
| 1978 | 418.86 million current USD | +10.1% |
| 1979 | 452.16 million current USD | +7.9% |
| 1980 | 560.08 million current USD | +23.9% |
| 1981 | 681.00 million current USD | +21.6% |
| 1982 | 738.31 million current USD | +8.4% |
| 1983 | 732.95 million current USD | -0.7% |
| 1984 | 918.62 million current USD | +25.3% |
| 1985 | 1.05 billion current USD | +14.3% |
| 1986 | 1.02 billion current USD | -2.7% |
| 1987 | 1.05 billion current USD | +3.1% |
| 1988 | 1.21 billion current USD | +14.6% |
| 1989 | 1.41 billion current USD | +17.0% |
| 1990 | 1.80 billion current USD | +27.8% |
| 1991 | 2.02 billion current USD | +12.3% |
| 1992 | 2.33 billion current USD | +15.3% |
| 1993 | 2.48 billion current USD | +6.4% |
| 1994 | 2.80 billion current USD | +12.7% |
| 1995 | 3.67 billion current USD | +31.3% |
| 1996 | 4.10 billion current USD | +11.6% |
| 1997 | 4.46 billion current USD | +8.7% |
| 1998 | 4.47 billion current USD | +0.2% |
| 1999 | 4.49 billion current USD | +0.6% |
| 2000 | 4.33 billion current USD | -3.6% |
| 2001 | 4.31 billion current USD | -0.5% |
| 2002 | 4.53 billion current USD | +5.1% |
| 2003 | 4.72 billion current USD | +4.3% |
| 2004 | 5.04 billion current USD | +6.8% |
| 2005 | 5.46 billion current USD | +8.3% |
| 2006 | 5.83 billion current USD | +6.7% |
| 2007 | 6.52 billion current USD | +11.8% |
| 2008 | 7.45 billion current USD | +14.4% |
| 2009 | 7.54 billion current USD | +1.1% |
| 2010 | 8.11 billion current USD | +7.6% |
| 2011 | 8.92 billion current USD | +10.0% |
| 2012 | 9.17 billion current USD | +2.8% |
| 2013 | 9.35 billion current USD | +1.9% |
| 2014 | 9.60 billion current USD | +2.7% |
| 2015 | 9.38 billion current USD | -2.2% |
| 2016 | 9.87 billion current USD | +5.2% |
| 2017 | 10.18 billion current USD | +3.1% |
| 2018 | 10.58 billion current USD | +4.0% |
| 2019 | 10.40 billion current USD | -1.7% |
| 2020 | 9.80 billion current USD | -5.8% |
| 2021 | 11.02 billion current USD | +12.4% |
| 2022 | 12.00 billion current USD | +8.9% |
| 2023 | 14.18 billion current USD | +18.2% |
| 2024 | 15.06 billion current USD | +6.2% |
Singapore compared with similar countries
- Singapore's 15.06 billion current USD is above the median for high income countries, which is 6.62 billion current USD, 2.3× the median. (54 countries reporting)
- Singapore's 15.06 billion current USD is above the median for East Asia & Pacific, which is 4.66 billion current USD, 3.2× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 263.35 million current USD | 103.64 million current USD | 452.16 million current USD | 10 |
| 1980s | 937.04 million current USD | 560.08 million current USD | 1.41 billion current USD | 10 |
| 1990s | 3.26 billion current USD | 1.80 billion current USD | 4.49 billion current USD | 10 |
| 2000s | 5.57 billion current USD | 4.31 billion current USD | 7.54 billion current USD | 10 |
| 2010s | 9.56 billion current USD | 8.11 billion current USD | 10.58 billion current USD | 10 |
| 2020s | 12.41 billion current USD | 9.80 billion current USD | 15.06 billion current USD | 5 |
Countries ranked near Singapore
More public sector data for Singapore
- 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)
- 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)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 3 (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 Singapore?
- Military expenditure in Singapore was 15.06 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 Singapore?
- The highest recorded value was 15.06 billion current USD in 2024.
- What is the lowest military expenditure recorded in Singapore?
- The lowest recorded value was 103.64 million current USD in 1970.
- How does Singapore rank for military expenditure?
- Singapore ranks 26th out of 168 countries with data for 2024.
- Is military expenditure rising or falling in Singapore?
- Over the last ten years it is up 56.9%. The long-run trend across the full record is volatile.
- Where does this Singapore 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)