Military expenditure in Small states
Small states: Military expenditure was 1.7% in 2024. ▲ Rising
Military expenditure in Small states, 2006–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of GDP.
Analysis
The most recent figure for military expenditure in Small states is 1.7%, measured in 2024. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 6.2% on the previous year and up 22.6% over ten years.
Over the whole period, military expenditure in Small states peaked at 1.7% in 2024 and was at its lowest, 1.3%, in 2008.
That places Small states 26th out of 43 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Military expenditure in Small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2006 | 1.4% | — |
| 2007 | 1.4% | -0.9% |
| 2008 | 1.3% | -3.7% |
| 2009 | 1.5% | +13.7% |
| 2010 | 1.4% | -3.8% |
| 2011 | 1.3% | -7.9% |
| 2012 | 1.3% | -0.5% |
| 2013 | 1.3% | +0.4% |
| 2014 | 1.4% | +4.3% |
| 2015 | 1.4% | -0.4% |
| 2018 | 1.3% | -1.7% |
| 2019 | 1.4% | +4.6% |
| 2020 | 1.6% | +13.9% |
| 2021 | 1.5% | -8.5% |
| 2022 | 1.4% | -7.6% |
| 2023 | 1.6% | +17.0% |
| 2024 | 1.7% | +6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.4% | 1.3% | 1.5% | 4 |
| 2010s | 1.4% | 1.3% | 1.4% | 8 |
| 2020s | 1.5% | 1.4% | 1.7% | 5 |
Countries ranked near Small states
More public sector data for Small states
- Arms imports 162.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 8.25 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 162.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per square kilometre 215.46 SIPRI trend indicator values per square kilometre (2021)
- Tax revenue 20.5% (2019)
- Taxes on income, profits and capital gains 24.1% (2022)
- Taxes on goods and services 33.4% (2022)
- Net investment in nonfinancial assets 3.0% (2019)
- Net lending (+) / net borrowing (-) -2.2% (2019)
- Interest payments 1.8% (2022)
Frequently asked questions
- What is military expenditure in Small states?
- Military expenditure in Small states was 1.7% in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Small states?
- The highest recorded value was 1.7% in 2024.
- What is the lowest military expenditure recorded in Small states?
- The lowest recorded value was 1.3% in 2008.
- How does Small states rank for military expenditure?
- Small states ranks 26th out of 43 groups with data for 2024.
- Is military expenditure rising or falling in Small states?
- Over the last ten years it is up 22.6%. The long-run trend across the full record is rising.
- Where does this Small states 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