Military expenditure (current USD) in Slovakia
Slovakia: Military expenditure was 2.85 billion current USD in 2024. ◆ Volatile
Military expenditure in Slovakia, 1993–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
Slovakia recorded 2.85 billion current USD for military expenditure in 2024. That is the highest value across all 32 years on record.
Compared with earlier readings it is up 16.7% on the previous year and up 185.6% over ten years.
Over the whole period, military expenditure in Slovakia peaked at 2.85 billion current USD in 2024 and was at its lowest, 266.90 million current USD, in 1993.
That places Slovakia 56th out of 168 countries with data for 2024, 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 in Slovakia, year by year
| Year | current USD | Change |
|---|---|---|
| 1993 | 266.90 million current USD | — |
| 1994 | 299.99 million current USD | +12.4% |
| 1995 | 629.62 million current USD | +109.9% |
| 1996 | 641.56 million current USD | +1.9% |
| 1997 | 499.53 million current USD | -22.1% |
| 1998 | 397.59 million current USD | -20.4% |
| 1999 | 327.17 million current USD | -17.7% |
| 2000 | 342.32 million current USD | +4.6% |
| 2001 | 394.00 million current USD | +15.1% |
| 2002 | 440.06 million current USD | +11.7% |
| 2003 | 624.51 million current USD | +41.9% |
| 2004 | 711.29 million current USD | +13.9% |
| 2005 | 823.31 million current USD | +15.7% |
| 2006 | 911.37 million current USD | +10.7% |
| 2007 | 1.14 billion current USD | +25.0% |
| 2008 | 1.41 billion current USD | +23.9% |
| 2009 | 1.35 billion current USD | -4.4% |
| 2010 | 1.14 billion current USD | -15.7% |
| 2011 | 1.06 billion current USD | -6.4% |
| 2012 | 1.02 billion current USD | -4.2% |
| 2013 | 967.92 million current USD | -5.1% |
| 2014 | 997.70 million current USD | +3.1% |
| 2015 | 985.92 million current USD | -1.2% |
| 2016 | 1.00 billion current USD | +1.7% |
| 2017 | 1.05 billion current USD | +4.6% |
| 2018 | 1.30 billion current USD | +23.5% |
| 2019 | 1.80 billion current USD | +39.1% |
| 2020 | 2.05 billion current USD | +13.6% |
| 2021 | 2.06 billion current USD | +0.9% |
| 2022 | 2.09 billion current USD | +1.0% |
| 2023 | 2.44 billion current USD | +17.1% |
| 2024 | 2.85 billion current USD | +16.7% |
Slovakia compared with similar countries
- Slovakia's 2.85 billion current USD is below the median for high income countries, which is 6.62 billion current USD, 43% of the median. (54 countries reporting)
- Slovakia's 2.85 billion current USD is above the median for Europe & Central Asia, which is 2.63 billion current USD, 1.1× the median. (49 countries reporting)
Biggest year-on-year movements
Years where Military expenditure in Slovakia 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.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +109.9% | 299.99 million current USD | 629.62 million current USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 437.48 million current USD | 266.90 million current USD | 641.56 million current USD | 7 |
| 2000s | 814.81 million current USD | 342.32 million current USD | 1.41 billion current USD | 10 |
| 2010s | 1.13 billion current USD | 967.92 million current USD | 1.80 billion current USD | 10 |
| 2020s | 2.30 billion current USD | 2.05 billion current USD | 2.85 billion current USD | 5 |
Countries ranked near Slovakia
- 53 Bangladesh 4.03 billion current USD compare
- 54 Azerbaijan 3.78 billion current USD compare
- 55 New Zealand 3.00 billion current USD compare
- 57 South Africa 2.84 billion current USD compare
- 58 Ecuador 2.70 billion current USD compare
- 59 Lithuania 2.63 billion current USD compare
More public sector data for Slovakia
- Democracy, annual growth rate -14.29 % 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 6 (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 Slovakia?
- Military expenditure in Slovakia was 2.85 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 Slovakia?
- The highest recorded value was 2.85 billion current USD in 2024.
- What is the lowest military expenditure recorded in Slovakia?
- The lowest recorded value was 266.90 million current USD in 1993.
- How does Slovakia rank for military expenditure?
- Slovakia ranks 56th out of 168 countries with data for 2024.
- Is military expenditure rising or falling in Slovakia?
- Over the last ten years it is up 185.6%. The long-run trend across the full record is volatile.
- Where does this Slovakia 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)