Military expenditure in High income
High income: Military expenditure was 2.8% in 2024. ▼ Falling
Latest (2024)
2.8%
Change on year
up 8.7%
Rank
9th
of 45 groups
All-time high
6.7%
in 1962
All-time low
2.2%
in 1999
Years of data
65
1960–2024
Military expenditure in High income, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of GDP.
Analysis
The most recent figure for military expenditure in High income is 2.8%, measured in 2024.
That represents a change of up 8.7% on the previous year and up 13.5% over ten years.
Over the whole period, military expenditure in High income peaked at 6.7% in 1962 and was at its lowest, 2.2%, in 1999.
High income ranks 9th of 45 groups on this measure, in the top quarter.
The long-run direction has been consistently falling across the 65 years of available data.
Military expenditure in High income, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 6.6% | — |
| 1961 | 6.6% | -0.9% |
| 1962 | 6.7% | +1.9% |
| 1963 | 6.4% | -5.1% |
| 1964 | 5.8% | -8.3% |
| 1965 | 5.5% | -5.2% |
| 1966 | 5.9% | +7.0% |
| 1967 | 6.4% | +7.6% |
| 1968 | 6.2% | -2.8% |
| 1969 | 5.7% | -7.4% |
| 1970 | 5.2% | -8.5% |
| 1971 | 4.7% | -10.6% |
| 1972 | 4.4% | -6.2% |
| 1973 | 4.0% | -9.8% |
| 1974 | 4.0% | -0.0% |
| 1975 | 3.8% | -2.7% |
| 1976 | 3.7% | -5.1% |
| 1977 | 3.8% | +2.7% |
| 1978 | 3.6% | -5.0% |
| 1979 | 3.6% | +0.6% |
| 1980 | 3.7% | +2.7% |
| 1981 | 4.0% | +8.4% |
| 1982 | 4.6% | +15.2% |
| 1983 | 4.4% | -4.9% |
| 1984 | 4.4% | +0.5% |
| 1985 | 4.5% | +1.3% |
| 1986 | 4.0% | -9.4% |
| 1987 | 3.9% | -3.8% |
| 1988 | 3.6% | -6.7% |
| 1989 | 3.5% | -2.1% |
| 1990 | 3.4% | -3.0% |
| 1991 | 3.1% | -8.9% |
| 1992 | 3.1% | -2.4% |
| 1993 | 2.9% | -5.5% |
| 1994 | 2.7% | -7.0% |
| 1995 | 2.4% | -9.7% |
| 1996 | 2.4% | -2.7% |
| 1997 | 2.4% | +1.2% |
| 1998 | 2.3% | -2.4% |
| 1999 | 2.2% | -3.5% |
| 2000 | 2.3% | +0.4% |
| 2001 | 2.3% | +1.5% |
| 2002 | 2.4% | +5.0% |
| 2003 | 2.5% | +3.4% |
| 2004 | 2.5% | +0.6% |
| 2005 | 2.5% | +1.0% |
| 2006 | 2.5% | -0.9% |
| 2007 | 2.5% | -0.9% |
| 2008 | 2.6% | +3.9% |
| 2009 | 2.8% | +10.2% |
| 2010 | 2.8% | -1.4% |
| 2011 | 2.7% | -3.2% |
| 2012 | 2.7% | -1.7% |
| 2013 | 2.6% | -3.7% |
| 2014 | 2.5% | -2.9% |
| 2015 | 2.5% | +0.1% |
| 2016 | 2.4% | -2.8% |
| 2017 | 2.4% | -2.2% |
| 2018 | 2.4% | -0.6% |
| 2019 | 2.4% | +2.9% |
| 2020 | 2.6% | +7.3% |
| 2021 | 2.5% | -5.0% |
| 2022 | 2.5% | +2.0% |
| 2023 | 2.6% | +3.2% |
| 2024 | 2.8% | +8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.2% | 5.5% | 6.7% | 10 |
| 1970s | 4.1% | 3.6% | 5.2% | 10 |
| 1980s | 4.1% | 3.5% | 4.6% | 10 |
| 1990s | 2.7% | 2.2% | 3.4% | 10 |
| 2000s | 2.5% | 2.3% | 2.8% | 10 |
| 2010s | 2.5% | 2.4% | 2.8% | 10 |
| 2020s | 2.6% | 2.5% | 2.8% | 5 |
Countries ranked near High income
More public sector data for High income
- Arms imports 17.59 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 12.4 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 16.09 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 17.59 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,385 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0272 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.96 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.96 trillion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 292.64 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is military expenditure in High income?
- Military expenditure in High income was 2.8% in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in High income?
- The highest recorded value was 6.7% in 1962.
- What is the lowest military expenditure recorded in High income?
- The lowest recorded value was 2.2% in 1999.
- How does High income rank for military expenditure?
- High income ranks 9th out of 45 groups with data for 2024.
- Is military expenditure rising or falling in High income?
- Over the last ten years it is up 13.5%. The long-run trend across the full record is falling.
- Where does this High income data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Military expenditure by country as percentage of gross domestic product