Military expenditure in Nigeria

Nigeria: Military expenditure was 0.6% in 2024. ◆ Volatile

Latest (2024)
0.6%
Change on year
down 34.1%
World rank
152nd
of 165 countries
All-time high
10.3%
in 1969
All-time low
0.3%
in 2006
Years of data
65
1960–2024

Military expenditure in Nigeria, 1960–2024

0246810196019922024

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of GDP.

Analysis

In 2024, military expenditure in Nigeria stood at 0.6%.

The figure is down 34.1% on the previous year and up 33.9% over ten years.

Over the whole period, military expenditure in Nigeria peaked at 10.3% in 1969 and was at its lowest, 0.3%, in 2006.

That places Nigeria 152nd out of 165 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure in Nigeria, year by year

Annual values for Military expenditure (% of GDP) in Nigeria, 1960 to 2024.
Year % of GDP Change
1960 0.7%
1961 0.8% +22.1%
1962 1.1% +29.1%
1963 1.1% +0.6%
1964 1.2% +11.8%
1965 1.4% +13.6%
1966 1.1% -21.4%
1967 5.8% +427.5%
1968 9.2% +57.7%
1969 10.3% +12.6%
1970 5.3% -48.8%
1971 4.4% -16.8%
1972 5.4% +22.7%
1973 5.5% +1.6%
1974 4.3% -20.7%
1975 8.1% +87.0%
1976 5.8% -28.7%
1977 6.0% +4.0%
1978 5.3% -11.6%
1979 4.3% -18.8%
1980 3.3% -23.8%
1981 2.8% -15.9%
1982 2.3% -18.2%
1983 2.2% -2.1%
1984 1.6% -29.9%
1985 1.4% -7.7%
1986 1.3% -8.7%
1987 0.8% -41.3%
1988 0.9% +14.9%
1989 0.6% -34.4%
1990 0.8% +43.7%
1991 0.8% -7.1%
1992 0.6% -27.1%
1993 0.9% +65.5%
1994 0.8% -16.3%
1995 0.5% -38.1%
1996 0.4% -16.0%
1997 0.4% +7.3%
1998 0.5% +25.8%
1999 0.9% +56.0%
2000 0.5% -36.5%
2001 0.8% +43.6%
2002 1.0% +22.3%
2003 0.6% -40.2%
2004 0.5% -14.0%
2005 0.4% -19.1%
2006 0.3% -12.3%
2007 0.4% +6.3%
2008 0.5% +32.1%
2009 0.5% +3.4%
2010 0.5% +6.6%
2011 0.6% +7.4%
2012 0.5% -12.9%
2013 0.5% -6.9%
2014 0.4% -11.7%
2015 0.4% +0.7%
2016 0.4% +3.7%
2017 0.4% -0.5%
2018 0.5% +17.7%
2019 0.5% -9.4%
2020 0.6% +37.6%
2021 1.0% +60.2%
2022 0.7% -35.8%
2023 0.8% +29.6%
2024 0.6% -34.1%

Averages by decade

DecadeAverage LowestHighest Years
1960s 3.3% 0.7% 10.3% 10
1970s 5.4% 4.3% 8.1% 10
1980s 1.7% 0.6% 3.3% 10
1990s 0.7% 0.4% 0.9% 10
2000s 0.5% 0.3% 1.0% 10
2010s 0.5% 0.4% 0.6% 10
2020s 0.7% 0.6% 1.0% 5

Countries ranked near Nigeria

  1. 149 Argentina 0.6% compare
  2. 150 Republic of Moldova 0.6% compare
  3. 151 Gambia 0.6% compare
  4. 153 Nicaragua 0.5% compare
  5. 154 Venezuela, Bolivarian Republic of 0.5% compare
  6. 155 Sierra Leone 0.5% compare

See the full ranking of 210 places →

More public sector data for Nigeria

All data for Nigeria →

Frequently asked questions

What is military expenditure in Nigeria?
Military expenditure in Nigeria was 0.6% in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Nigeria?
The highest recorded value was 10.3% in 1969.
What is the lowest military expenditure recorded in Nigeria?
The lowest recorded value was 0.3% in 2006.
How does Nigeria rank for military expenditure?
Nigeria ranks 152nd out of 165 countries with data for 2024.
Is military expenditure rising or falling in Nigeria?
Over the last ten years it is up 33.9%. The long-run trend across the full record is volatile.
Where does this Nigeria 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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Military expenditure in Nigeria. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 03 September 2026, from https://public-sector.statizoid.com/stat/military-expenditure-percent-of-gdp/nigeria/

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About this data

Indicator
Military expenditure (% of GDP)
Unit
% of GDP
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
210 places, 10,550 data points, 1960–2024
Last refreshed

Military expenditure by country as percentage of gross domestic product