Military expenditure in Lithuania

Lithuania: Military expenditure was 2.43 billion current LCU in 2024. ◆ Volatile

Latest (2024)
2.43 billion current LCU
Change on year
up 21.3%
World rank
130th
of 167 countries
All-time high
2.43 billion current LCU
in 2024
All-time low
24.26 million current LCU
in 1994
Years of data
32
1993–2024

Military expenditure in Lithuania, 1993–2024

0500.0M1.0B1.5B2.0B2.5B1993200820241993: 26.1M current LCU1994: 24.3M current LCU1995: 35.3M current LCU1996: 49.0M current LCU1997: 87.6M current LCU1998: 160.1M current LCU1999: 123.3M current LCU2000: 162.7M current LCU2001: 193.3M current LCU2002: 193.3M current LCU2003: 186.9M current LCU2004: 218.1M current LCU2005: 244.1M current LCU2006: 280.3M current LCU2007: 323.1M current LCU2008: 369.6M current LCU2009: 291.2M current LCU2010: 246.3M current LCU2011: 247.6M current LCU2012: 255.7M current LCU2013: 267.3M current LCU2014: 321.8M current LCU2015: 424.9M current LCU2016: 574.6M current LCU2017: 723.8M current LCU2018: 895.0M current LCU2019: 977.0M current LCU2020: 1.0B current LCU2021: 1.1B current LCU2022: 1.6B current LCU2023: 2.0B current LCU2024: 2.4B 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 Lithuania is 2.43 billion current LCU, measured in 2024. That is the highest value across all 32 years on record.

Compared with earlier readings it is up 21.3% on the previous year and up 654.9% over ten years.

Over the whole period, military expenditure in Lithuania peaked at 2.43 billion current LCU in 2024 and was at its lowest, 24.26 million current LCU, in 1994.

That places Lithuania 130th out of 167 countries with data for 2024, putting it 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
1990s 72.23 million current LCU 24.26 million current LCU 160.07 million current LCU 7
2000s 246.25 million current LCU 162.65 million current LCU 369.58 million current LCU 10
2010s 493.40 million current LCU 246.32 million current LCU 977.00 million current LCU 10
2020s 1.64 billion current LCU 1.03 billion current LCU 2.43 billion current LCU 5

Countries ranked near Lithuania

  1. 127 Slovakia 2.63 billion current LCU compare
  2. 128 Haiti 2.61 billion current LCU compare
  3. 129 Eritrea 2.52 billion current LCU compare
  4. 131 Kuwait 2.39 billion current LCU compare
  5. 132 Oman 2.30 billion current LCU compare
  6. 133 Moldova 1.97 billion current LCU compare

See the full ranking of 167 places →

More public sector data for Lithuania

All data for Lithuania →

Frequently asked questions

What is military expenditure in Lithuania?
Military expenditure in Lithuania was 2.43 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 Lithuania?
The highest recorded value was 2.43 billion current LCU in 2024.
What is the lowest military expenditure recorded in Lithuania?
The lowest recorded value was 24.26 million current LCU in 1994.
How does Lithuania rank for military expenditure?
Lithuania ranks 130th out of 167 countries with data for 2024.
Is military expenditure rising or falling in Lithuania?
Over the last ten years it is up 654.9%. The long-run trend across the full record is volatile.
Where does this Lithuania 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)