Military expenditure in Bulgaria

Bulgaria: Military expenditure was 4.22 billion current LCU in 2024. ◆ Volatile

Latest (2024)
4.22 billion current LCU
Change on year
up 17.1%
World rank
119th
of 167 countries
All-time high
4.22 billion current LCU
in 2024
All-time low
1.74 million current LCU
in 1989
Years of data
36
1989–2024

Military expenditure in Bulgaria, 1989–2024

01.0B2.0B3.0B4.0B1989200620241989: 1.7M current LCU1990: 1.7M current LCU1991: 4.1M current LCU1992: 6.0M current LCU1993: 7.8M current LCU1994: 13.1M current LCU1995: 20.9M current LCU1996: 38.0M current LCU1997: 411.0M current LCU1998: 564.0M current LCU1999: 656.0M current LCU2000: 746.0M current LCU2001: 887.0M current LCU2002: 947.0M current LCU2003: 986.0M current LCU2004: 978.0M current LCU2005: 1.1B current LCU2006: 1.1B current LCU2007: 1.4B current LCU2008: 1.6B current LCU2009: 1.3B current LCU2010: 1.2B current LCU2011: 1.1B current LCU2012: 1.1B current LCU2013: 1.2B current LCU2014: 1.1B current LCU2015: 1.1B current LCU2016: 1.2B current LCU2017: 1.3B current LCU2018: 1.6B current LCU2019: 3.8B current LCU2020: 1.9B current LCU2021: 2.1B current LCU2022: 2.7B current LCU2023: 3.6B current LCU2024: 4.2B current LCU

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

Analysis

In 2024, military expenditure in Bulgaria stood at 4.22 billion current LCU. That is the highest value across all 36 years on record.

The figure is up 17.1% on the previous year and up 282.7% over ten years.

Over the whole period, military expenditure in Bulgaria peaked at 4.22 billion current LCU in 2024 and was at its lowest, 1.74 million current LCU, in 1989.

That places Bulgaria 119th 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
1980s 1.74 million current LCU 1.74 million current LCU 1.74 million current LCU 1
1990s 172.26 million current LCU 1.74 million current LCU 656.00 million current LCU 10
2000s 1.10 billion current LCU 746.00 million current LCU 1.55 billion current LCU 10
2010s 1.46 billion current LCU 1.07 billion current LCU 3.77 billion current LCU 10
2020s 2.90 billion current LCU 1.92 billion current LCU 4.22 billion current LCU 5

Countries ranked near Bulgaria

  1. 116 Austria 4.86 billion current LCU compare
  2. 117 Bolivia 4.53 billion current LCU compare
  3. 118 Portugal 4.29 billion current LCU compare
  4. 120 Tunisia 4.09 billion current LCU compare
  5. 121 Ghana 3.89 billion current LCU compare
  6. 122 Nicaragua 3.87 billion current LCU compare

See the full ranking of 167 places →

More public sector data for Bulgaria

All data for Bulgaria →

Frequently asked questions

What is military expenditure in Bulgaria?
Military expenditure in Bulgaria was 4.22 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 Bulgaria?
The highest recorded value was 4.22 billion current LCU in 2024.
What is the lowest military expenditure recorded in Bulgaria?
The lowest recorded value was 1.74 million current LCU in 1989.
How does Bulgaria rank for military expenditure?
Bulgaria ranks 119th out of 167 countries with data for 2024.
Is military expenditure rising or falling in Bulgaria?
Over the last ten years it is up 282.7%. The long-run trend across the full record is volatile.
Where does this Bulgaria 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)