Military expenditure in Late-demographic dividend
Late-demographic dividend: Military expenditure was 2.2% in 2024. ▼ Falling
Military expenditure in Late-demographic dividend, 1992–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of GDP.
Analysis
Late-demographic dividend recorded 2.2% for military expenditure in 2024.
The figure is up 11.1% on the previous year and up 4.0% over ten years.
Over the whole period, military expenditure in Late-demographic dividend peaked at 3.3% in 1992 and was at its lowest, 1.8%, in 2021.
That places Late-demographic dividend 16th 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 33 years of available data.
Military expenditure in Late-demographic dividend, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1992 | 3.3% | — |
| 1993 | 2.8% | -13.2% |
| 1994 | 2.7% | -3.9% |
| 1995 | 2.4% | -10.7% |
| 1996 | 2.3% | -4.6% |
| 1997 | 2.3% | +0.7% |
| 1998 | 2.2% | -6.9% |
| 1999 | 2.3% | +3.5% |
| 2000 | 2.3% | +1.9% |
| 2001 | 2.4% | +3.5% |
| 2002 | 2.4% | +0.4% |
| 2003 | 2.3% | -4.3% |
| 2004 | 2.2% | -4.0% |
| 2005 | 2.1% | -2.9% |
| 2006 | 2.1% | -2.0% |
| 2007 | 2.0% | -2.9% |
| 2008 | 2.0% | -0.1% |
| 2009 | 2.2% | +9.0% |
| 2010 | 2.1% | -5.7% |
| 2011 | 2.0% | -3.6% |
| 2012 | 2.1% | +3.3% |
| 2013 | 2.1% | +1.3% |
| 2014 | 2.1% | -0.2% |
| 2015 | 2.0% | -2.7% |
| 2016 | 2.0% | +0.5% |
| 2017 | 1.9% | -5.6% |
| 2018 | 1.9% | -3.4% |
| 2019 | 1.9% | +0.5% |
| 2020 | 2.0% | +4.2% |
| 2021 | 1.8% | -7.3% |
| 2022 | 1.9% | +5.5% |
| 2023 | 2.0% | +2.4% |
| 2024 | 2.2% | +11.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.5% | 2.2% | 3.3% | 8 |
| 2000s | 2.2% | 2.0% | 2.4% | 10 |
| 2010s | 2.0% | 1.9% | 2.1% | 10 |
| 2020s | 2.0% | 1.8% | 2.2% | 5 |
Countries ranked near Late-demographic dividend
- 13 Azerbaijan 5.0% compare
- 14 Kuwait 4.8% compare
- 15 Jordan 4.8% compare
- 16 Burkina Faso 4.7% compare
- 17 Mali 4.2% compare
- 18 Poland 4.2% compare
- 19 Syrian Arab Republic 4.1% compare
More public sector data for Late-demographic dividend
- Arms imports 6.92 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 2.97 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 -9.75 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 6.92 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 259.7 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0202 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 14.9 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 604.82 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 172.06 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is military expenditure in Late-demographic dividend?
- Military expenditure in Late-demographic dividend was 2.2% in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Late-demographic dividend?
- The highest recorded value was 3.3% in 1992.
- What is the lowest military expenditure recorded in Late-demographic dividend?
- The lowest recorded value was 1.8% in 2021.
- How does Late-demographic dividend rank for military expenditure?
- Late-demographic dividend ranks 16th out of 45 groups with data for 2024.
- Is military expenditure rising or falling in Late-demographic dividend?
- Over the last ten years it is up 4.0%. The long-run trend across the full record is falling.
- Where does this Late-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 (% 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