Military expenditure in IDA & IBRD total
IDA & IBRD total: Military expenditure was 2.1% in 2024. ▼ Falling
Latest (2024)
2.1%
Change on year
up 7.8%
Rank
17th
of 45 groups
All-time high
4.0%
in 1976
All-time low
1.7%
in 2021
Years of data
63
1961–2024
Military expenditure in IDA & IBRD total, 1961–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of GDP.
Analysis
In 2024, military expenditure in IDA & IBRD total stood at 2.1%.
That represents a change of up 7.8% on the previous year and up 12.7% over ten years.
Over the whole period, military expenditure in IDA & IBRD total peaked at 4.0% in 1976 and was at its lowest, 1.7%, in 2021.
That places IDA & IBRD total 17th out of 45 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 63 years of available data.
Military expenditure in IDA & IBRD total, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1961 | 2.1% | — |
| 1962 | 2.6% | +21.0% |
| 1963 | 2.8% | +7.5% |
| 1964 | 2.7% | -2.1% |
| 1965 | 3.0% | +8.7% |
| 1966 | 2.8% | -6.4% |
| 1967 | 2.9% | +5.7% |
| 1968 | 2.9% | +0.4% |
| 1969 | 3.0% | +2.9% |
| 1970 | 3.2% | +6.3% |
| 1971 | 3.3% | +1.3% |
| 1972 | 3.1% | -4.0% |
| 1973 | 2.9% | -8.3% |
| 1974 | 3.2% | +13.1% |
| 1975 | 3.8% | +18.4% |
| 1976 | 4.0% | +3.4% |
| 1977 | 3.9% | -1.8% |
| 1978 | 3.8% | -3.9% |
| 1979 | 3.2% | -15.2% |
| 1980 | 2.9% | -8.5% |
| 1981 | 3.1% | +6.4% |
| 1982 | 3.2% | +2.2% |
| 1983 | 3.3% | +4.6% |
| 1984 | 3.1% | -5.7% |
| 1985 | 3.1% | +0.2% |
| 1986 | 3.2% | +1.7% |
| 1987 | 3.2% | -0.5% |
| 1989 | 2.8% | -10.4% |
| 1990 | 2.6% | -8.7% |
| 1991 | 2.4% | -9.2% |
| 1992 | 2.5% | +5.8% |
| 1993 | 2.3% | -6.4% |
| 1994 | 2.3% | -1.8% |
| 1995 | 2.2% | -4.7% |
| 1996 | 2.1% | -4.5% |
| 1997 | 2.1% | -1.0% |
| 1998 | 1.9% | -7.2% |
| 1999 | 2.0% | +5.0% |
| 2000 | 1.9% | -3.4% |
| 2001 | 2.0% | +2.9% |
| 2002 | 2.0% | +2.1% |
| 2003 | 2.0% | -2.1% |
| 2004 | 1.9% | -2.5% |
| 2005 | 1.9% | -1.2% |
| 2006 | 1.9% | -2.2% |
| 2007 | 1.8% | -1.8% |
| 2008 | 1.9% | +0.8% |
| 2009 | 2.0% | +9.5% |
| 2010 | 1.9% | -7.5% |
| 2011 | 1.8% | -4.2% |
| 2012 | 1.9% | +2.6% |
| 2013 | 1.9% | +1.8% |
| 2014 | 1.9% | +0.6% |
| 2015 | 1.9% | -0.0% |
| 2016 | 1.9% | +0.5% |
| 2017 | 1.9% | -2.9% |
| 2018 | 1.8% | -3.8% |
| 2019 | 1.8% | +1.0% |
| 2020 | 1.9% | +5.1% |
| 2021 | 1.7% | -8.7% |
| 2022 | 1.8% | +7.0% |
| 2023 | 2.0% | +7.5% |
| 2024 | 2.1% | +7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.8% | 2.1% | 3.0% | 9 |
| 1970s | 3.4% | 2.9% | 4.0% | 10 |
| 1980s | 3.1% | 2.8% | 3.3% | 9 |
| 1990s | 2.2% | 1.9% | 2.6% | 10 |
| 2000s | 1.9% | 1.8% | 2.0% | 10 |
| 2010s | 1.9% | 1.8% | 1.9% | 10 |
| 2020s | 1.9% | 1.7% | 2.1% | 5 |
Countries ranked near IDA & IBRD total
More public sector data for IDA & IBRD total
- Arms imports 13.54 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.96 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 -17.98 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 13.54 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 129.18 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0205 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.08 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 894.64 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 171.81 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is military expenditure in IDA & IBRD total?
- Military expenditure in IDA & IBRD total was 2.1% in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in IDA & IBRD total?
- The highest recorded value was 4.0% in 1976.
- What is the lowest military expenditure recorded in IDA & IBRD total?
- The lowest recorded value was 1.7% in 2021.
- How does IDA & IBRD total rank for military expenditure?
- IDA & IBRD total ranks 17th out of 45 groups with data for 2024.
- Is military expenditure rising or falling in IDA & IBRD total?
- Over the last ten years it is up 12.7%. The long-run trend across the full record is falling.
- Where does this IDA & IBRD total 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