Military expenditure in Malawi

Malawi: Military expenditure was 202.63 billion current LCU in 2024. ◆ Volatile

Latest (2024)
202.63 billion current LCU
Change on year
up 19.1%
World rank
54th
of 167 countries
All-time high
202.63 billion current LCU
in 2024
All-time low
1.26 million current LCU
in 1965
Years of data
60
1965–2024

Military expenditure in Malawi, 1965–2024

050.0B100.0B150.0B200.0B196519942024

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

Analysis

In 2024, military expenditure in Malawi stood at 202.63 billion current LCU. That is the highest value across all 60 years on record.

Compared with earlier readings it is up 19.1% on the previous year and up 864.3% over ten years.

Over the whole period, military expenditure in Malawi peaked at 202.63 billion current LCU in 2024 and was at its lowest, 1.26 million current LCU, in 1965.

Malawi ranks 54th of 167 countries on this measure, 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
1960s 1.47 million current LCU 1.26 million current LCU 1.63 million current LCU 5
1970s 9.97 million current LCU 1.71 million current LCU 35.15 million current LCU 10
1980s 40.13 million current LCU 26.10 million current LCU 62.87 million current LCU 10
1990s 248.24 million current LCU 66.34 million current LCU 635.00 million current LCU 10
2000s 3.44 billion current LCU 698.30 million current LCU 8.30 billion current LCU 10
2010s 25.64 billion current LCU 7.52 billion current LCU 62.54 billion current LCU 10
2020s 125.84 billion current LCU 72.85 billion current LCU 202.63 billion current LCU 5

Countries ranked near Malawi

  1. 51 Serbia 251.43 billion current LCU compare
  2. 52 Rwanda 231.90 billion current LCU compare
  3. 53 North Korea 216.60 billion current LCU compare
  4. 55 Thailand 194.81 billion current LCU compare
  5. 56 Gabon 193.50 billion current LCU compare
  6. 57 Laos 178.25 billion current LCU compare

See the full ranking of 167 places →

More public sector data for Malawi

All data for Malawi →

Frequently asked questions

What is military expenditure in Malawi?
Military expenditure in Malawi was 202.63 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 Malawi?
The highest recorded value was 202.63 billion current LCU in 2024.
What is the lowest military expenditure recorded in Malawi?
The lowest recorded value was 1.26 million current LCU in 1965.
How does Malawi rank for military expenditure?
Malawi ranks 54th out of 167 countries with data for 2024.
Is military expenditure rising or falling in Malawi?
Over the last ten years it is up 864.3%. The long-run trend across the full record is volatile.
Where does this Malawi 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.

Download this data

CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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)