Military expenditure in Azerbaijan

Azerbaijan: Military expenditure was 6.42 billion current LCU in 2024. ◆ Volatile

Latest (2024)
6.42 billion current LCU
Change on year
up 6.0%
World rank
113th
of 167 countries
All-time high
6.42 billion current LCU
in 2024
All-time low
120,000 current LCU
in 1992
Years of data
33
1992–2024

Military expenditure in Azerbaijan, 1992–2024

02.0B4.0B6.0B1992200820241992: 120.0k current LCU1993: 1.6M current LCU1994: 13.8M current LCU1995: 58.4M current LCU1996: 61.6M current LCU1997: 73.4M current LCU1998: 83.0M current LCU1999: 99.1M current LCU2000: 107.0M current LCU2001: 122.9M current LCU2002: 136.0M current LCU2003: 173.4M current LCU2004: 224.3M current LCU2005: 287.9M current LCU2006: 640.7M current LCU2007: 812.3M current LCU2008: 1.3B current LCU2009: 1.2B current LCU2010: 1.2B current LCU2011: 2.4B current LCU2012: 2.6B current LCU2013: 2.6B current LCU2014: 2.7B current LCU2015: 3.0B current LCU2016: 2.2B current LCU2017: 2.6B current LCU2018: 2.8B current LCU2019: 3.2B current LCU2020: 3.8B current LCU2021: 4.6B current LCU2022: 5.1B current LCU2023: 6.1B current LCU2024: 6.4B current LCU

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.

Analysis

The most recent figure for military expenditure in Azerbaijan is 6.42 billion current LCU, measured in 2024. That is the highest value across all 33 years on record.

That represents a change of up 6.0% on the previous year and up 138.9% over ten years.

Over the whole period, military expenditure in Azerbaijan peaked at 6.42 billion current LCU in 2024 and was at its lowest, 120,000 current LCU, in 1992.

That places Azerbaijan 113th out of 167 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s 48.87 million current LCU 120,000 current LCU 99.10 million current LCU 8
2000s 500.94 million current LCU 107.00 million current LCU 1.32 billion current LCU 10
2010s 2.53 billion current LCU 1.19 billion current LCU 3.15 billion current LCU 10
2020s 5.19 billion current LCU 3.80 billion current LCU 6.42 billion current LCU 5

Countries ranked near Azerbaijan

  1. 110 Namibia 6.64 billion current LCU compare
  2. 111 Finland 6.46 billion current LCU compare
  3. 112 Djibouti 6.45 billion current LCU compare
  4. 114 Switzerland 5.92 billion current LCU compare
  5. 115 New Zealand 4.96 billion current LCU compare
  6. 116 Austria 4.86 billion current LCU compare

See the full ranking of 167 places →

More public sector data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is military expenditure in Azerbaijan?
Military expenditure in Azerbaijan was 6.42 billion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Azerbaijan?
The highest recorded value was 6.42 billion current LCU in 2024.
What is the lowest military expenditure recorded in Azerbaijan?
The lowest recorded value was 120,000 current LCU in 1992.
How does Azerbaijan rank for military expenditure?
Azerbaijan ranks 113th out of 167 countries with data for 2024.
Is military expenditure rising or falling in Azerbaijan?
Over the last ten years it is up 138.9%. The long-run trend across the full record is volatile.
Where does this Azerbaijan data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 8,248 data points, 1960–2024
Last refreshed

Military expenditure in local currency at current prices (by calendar year)