Military expenditure in Malta

Malta: Military expenditure was 101.00 million current LCU in 2024. ◆ Volatile

Latest (2024)
101.00 million current LCU
Change on year
down 3.1%
World rank
161st
of 167 countries
All-time high
104.26 million current LCU
in 2023
All-time low
14.15 million current LCU
in 1985
Years of data
40
1985–2024

Military expenditure in Malta, 1985–2024

20.0M40.0M60.0M80.0M100.0M1985200420241985: 14.2M current LCU1986: 15.1M current LCU1987: 18.6M current LCU1988: 17.3M current LCU1989: 17.3M current LCU1990: 15.7M current LCU1991: 16.4M current LCU1992: 19.8M current LCU1993: 21.9M current LCU1994: 24.5M current LCU1995: 25.6M current LCU1996: 28.0M current LCU1997: 28.0M current LCU1998: 26.3M current LCU1999: 26.0M current LCU2000: 25.9M current LCU2001: 28.4M current LCU2002: 28.7M current LCU2003: 30.0M current LCU2004: 32.5M current LCU2005: 42.3M current LCU2006: 35.3M current LCU2007: 35.8M current LCU2008: 38.3M current LCU2009: 42.5M current LCU2010: 44.3M current LCU2011: 40.2M current LCU2012: 38.9M current LCU2013: 40.5M current LCU2014: 42.6M current LCU2015: 46.7M current LCU2016: 54.0M current LCU2017: 57.3M current LCU2018: 56.7M current LCU2019: 71.7M current LCU2020: 75.7M current LCU2021: 74.4M current LCU2022: 75.1M current LCU2023: 104.3M current LCU2024: 101.0M 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 Malta is 101.00 million current LCU, measured in 2024.

That represents a change of down 3.1% on the previous year and up 137.1% over ten years.

Over the whole period, military expenditure in Malta peaked at 104.26 million current LCU in 2023 and was at its lowest, 14.15 million current LCU, in 1985.

That places Malta 161st 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
1980s 16.49 million current LCU 14.15 million current LCU 18.63 million current LCU 5
1990s 23.22 million current LCU 15.66 million current LCU 28.00 million current LCU 10
2000s 33.97 million current LCU 25.88 million current LCU 42.55 million current LCU 10
2010s 49.28 million current LCU 38.85 million current LCU 71.69 million current LCU 10
2020s 86.09 million current LCU 74.37 million current LCU 104.26 million current LCU 5

Countries ranked near Malta

  1. 159 Montenegro 138.70 million current LCU compare
  2. 160 Turkmenistan 116.40 million current LCU compare
  3. 162 Belize 60.28 million current LCU compare
  4. 163 East Timor 46.40 million current LCU compare
  5. 164 Liberia 33.83 million current LCU compare

See the full ranking of 167 places →

More public sector data for Malta

All data for Malta →

Frequently asked questions

What is military expenditure in Malta?
Military expenditure in Malta was 101.00 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 Malta?
The highest recorded value was 104.26 million current LCU in 2023.
What is the lowest military expenditure recorded in Malta?
The lowest recorded value was 14.15 million current LCU in 1985.
How does Malta rank for military expenditure?
Malta ranks 161st out of 167 countries with data for 2024.
Is military expenditure rising or falling in Malta?
Over the last ten years it is up 137.1%. The long-run trend across the full record is volatile.
Where does this Malta 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)