Military expenditure in Gambia

Gambia: Military expenditure was 992.92 million current LCU in 2024. ◆ Volatile

Latest (2024)
992.92 million current LCU
Change on year
up 16.5%
World rank
144th
of 167 countries
All-time high
992.92 million current LCU
in 2024
All-time low
1.92 million current LCU
in 1983
Years of data
38
1983–2024

Military expenditure in Gambia, 1983–2024

0200.0M400.0M600.0M800.0M1.0B1983200320241983: 1.9M current LCU1984: 3.0M current LCU1985: 4.8M current LCU1986: 7.2M current LCU1987: 9.8M current LCU1988: 14.5M current LCU1989: 20.6M current LCU1990: 27.3M current LCU1991: 34.9M current LCU1992: 31.1M current LCU1993: 23.3M current LCU1994: 22.2M current LCU1995: 27.6M current LCU1996: 38.5M current LCU1997: 42.6M current LCU1998: 43.1M current LCU1999: 40.1M current LCU2000: 42.5M current LCU2001: 38.5M current LCU2002: 45.0M current LCU2003: 57.0M current LCU2004: 58.0M current LCU2005: 85.3M current LCU2006: 78.2M current LCU2007: 113.1M current LCU2008: 380.9M current LCU2009: 189.1M current LCU2012: 358.4M current LCU2013: 373.2M current LCU2014: 609.3M current LCU2015: 591.0M current LCU2018: 552.7M current LCU2019: 723.9M current LCU2020: 762.1M current LCU2021: 817.7M current LCU2022: 854.8M current LCU2023: 852.4M current LCU2024: 992.9M current LCU

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

Analysis

In 2024, military expenditure in Gambia stood at 992.92 million current LCU. That is the highest value across all 38 years on record.

The figure is up 16.5% on the previous year and up 63.0% over ten years.

Over the whole period, military expenditure in Gambia peaked at 992.92 million current LCU in 2024 and was at its lowest, 1.92 million current LCU, in 1983.

Gambia ranks 144th of 167 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 8.86 million current LCU 1.92 million current LCU 20.65 million current LCU 7
1990s 33.07 million current LCU 22.20 million current LCU 43.10 million current LCU 10
2000s 108.75 million current LCU 38.50 million current LCU 380.90 million current LCU 10
2010s 534.75 million current LCU 358.40 million current LCU 723.92 million current LCU 6
2020s 855.98 million current LCU 762.10 million current LCU 992.92 million current LCU 5

Countries ranked near Gambia

  1. 141 Latvia 1.32 billion current LCU compare
  2. 142 Ireland 1.23 billion current LCU compare
  3. 143 Mauritius 1.06 billion current LCU compare
  4. 145 Slovenia 880.00 million current LCU compare
  5. 146 Sierra Leone 817.89 million current LCU compare
  6. 147 Luxembourg 805.80 million current LCU compare

See the full ranking of 167 places →

More public sector data for Gambia

All data for Gambia →

Frequently asked questions

What is military expenditure in Gambia?
Military expenditure in Gambia was 992.92 million current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Gambia?
The highest recorded value was 992.92 million current LCU in 2024.
What is the lowest military expenditure recorded in Gambia?
The lowest recorded value was 1.92 million current LCU in 1983.
How does Gambia rank for military expenditure?
Gambia ranks 144th out of 167 countries with data for 2024.
Is military expenditure rising or falling in Gambia?
Over the last ten years it is up 63.0%. The long-run trend across the full record is volatile.
Where does this Gambia 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)