Military expenditure in Sri Lanka

Sri Lanka: Military expenditure was 1.4% in 2024. ◆ Volatile

Latest (2024)
1.4%
Change on year
down 13.1%
World rank
98th
of 165 countries
All-time high
5.9%
in 1995
All-time low
0.5%
in 1982
Years of data
64
1960–2024

Military expenditure in Sri Lanka, 1960–2024

0246196019922024

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

Analysis

The most recent figure for military expenditure in Sri Lanka is 1.4%, measured in 2024.

Compared with earlier readings it is down 13.1% on the previous year and down 40.9% over ten years.

Over the whole period, military expenditure in Sri Lanka peaked at 5.9% in 1995 and was at its lowest, 0.5%, in 1982.

That places Sri Lanka 98th out of 165 countries with data for 2024, putting it in the middle of the range.

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

Military expenditure in Sri Lanka, year by year

Annual values for Military expenditure (% of GDP) in Sri Lanka, 1960 to 2024.
Year % of GDP Change
1960 1.2%
1961 1.2% +0.0%
1962 1.1% -8.5%
1963 0.9% -17.1%
1964 0.9% -5.1%
1965 0.9% +0.1%
1966 0.9% +2.4%
1967 0.8% -3.2%
1968 0.8% -6.0%
1969 0.8% +1.6%
1970 0.9% +13.5%
1971 1.4% +48.7%
1973 0.9% -35.8%
1974 0.8% -9.1%
1975 0.8% +1.1%
1976 0.7% -18.0%
1977 0.7% +3.8%
1978 0.8% +17.3%
1979 0.8% +3.9%
1980 0.8% -8.2%
1981 0.6% -18.1%
1982 0.5% -13.1%
1983 0.9% +63.2%
1984 0.9% +3.7%
1985 3.2% +242.7%
1986 2.7% -14.7%
1987 3.4% +25.8%
1988 2.4% -30.1%
1989 1.8% -24.1%
1990 2.3% +29.5%
1991 3.1% +32.4%
1992 3.4% +9.3%
1993 3.4% +1.9%
1994 3.7% +8.7%
1995 5.9% +57.2%
1996 5.5% -5.8%
1997 4.6% -16.1%
1998 4.6% +0.3%
1999 4.0% -13.2%
2000 5.0% +24.9%
2001 4.3% -14.8%
2002 3.3% -22.0%
2003 2.9% -14.2%
2004 3.0% +4.5%
2005 2.6% -11.9%
2006 2.8% +6.0%
2007 3.3% +16.5%
2008 3.2% -0.5%
2009 3.2% -2.5%
2010 2.7% -14.6%
2011 2.7% -0.6%
2012 2.2% -19.7%
2013 2.2% -0.1%
2014 2.4% +12.0%
2015 2.4% +0.2%
2016 2.0% -18.1%
2017 2.0% -0.1%
2018 1.7% -12.3%
2019 1.8% +1.0%
2020 1.7% -0.7%
2021 1.7% -1.6%
2022 1.3% -21.6%
2023 1.6% +22.1%
2024 1.4% -13.1%

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.9% 0.8% 1.2% 10
1970s 0.9% 0.7% 1.4% 9
1980s 1.7% 0.5% 3.4% 10
1990s 4.1% 2.3% 5.9% 10
2000s 3.4% 2.6% 5.0% 10
2010s 2.2% 1.7% 2.7% 10
2020s 1.6% 1.3% 1.7% 5

Countries ranked near Sri Lanka

  1. 96 Eswatini 1.4% compare
  2. 97 Spain 1.4% compare
  3. 99 Japan 1.4% compare
  4. 100 Bolivia, Plurinational State of 1.4% compare
  5. 101 Zambia 1.3% compare

See the full ranking of 210 places →

More public sector data for Sri Lanka

All data for Sri Lanka →

Frequently asked questions

What is military expenditure in Sri Lanka?
Military expenditure in Sri Lanka was 1.4% in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Sri Lanka?
The highest recorded value was 5.9% in 1995.
What is the lowest military expenditure recorded in Sri Lanka?
The lowest recorded value was 0.5% in 1982.
How does Sri Lanka rank for military expenditure?
Sri Lanka ranks 98th out of 165 countries with data for 2024.
Is military expenditure rising or falling in Sri Lanka?
Over the last ten years it is down 40.9%. The long-run trend across the full record is volatile.
Where does this Sri Lanka 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 Sri Lanka. 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/sri-lanka/

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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