Military expenditure in Nepal
Nepal: Military expenditure was 57.09 billion current LCU in 2024. ◆ Volatile
Military expenditure in Nepal, 1970–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
The most recent figure for military expenditure in Nepal is 57.09 billion current LCU, measured in 2024.
The figure is down 1.0% on the previous year and up 78.3% over ten years.
Over the whole period, military expenditure in Nepal peaked at 57.66 billion current LCU in 2023 and was at its lowest, 52.50 million current LCU, in 1970.
Nepal ranks 80th 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 115.92 million current LCU | 52.50 million current LCU | 207.60 million current LCU | 10 |
| 1980s | 553.12 million current LCU | 241.00 million current LCU | 987.80 million current LCU | 10 |
| 1990s | 2.06 billion current LCU | 1.11 billion current LCU | 3.24 billion current LCU | 10 |
| 2000s | 9.60 billion current LCU | 3.65 billion current LCU | 16.26 billion current LCU | 10 |
| 2010s | 33.12 billion current LCU | 18.65 billion current LCU | 47.69 billion current LCU | 10 |
| 2020s | 55.25 billion current LCU | 51.46 billion current LCU | 57.66 billion current LCU | 5 |
Countries ranked near Nepal
- 77 United Kingdom 63.99 billion current LCU compare
- 78 France 59.79 billion current LCU compare
- 79 Dominican Republic 58.31 billion current LCU compare
- 81 Qatar 56.10 billion current LCU compare
- 82 Morocco 54.85 billion current LCU compare
- 83 South Africa 51.97 billion current LCU compare
More public sector data for Nepal
- Arms imports 0 SIPRI trend indicator values (2021)
- Tax revenue 13.9% (2023)
- Taxes on income, profits and capital gains 26.7% (2023)
- Taxes on goods and services 38.0% (2023)
- Net investment in nonfinancial assets 4.4% (2023)
- Net lending (+) / net borrowing (-) -5.9% (2023)
- Interest payments 8.0% (2023)
- Grants and other revenue 17.8% (2023)
- Interest payments 4.1% (2021)
- Other taxes 1.0% (2023)
Frequently asked questions
- What is military expenditure in Nepal?
- Military expenditure in Nepal was 57.09 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 Nepal?
- The highest recorded value was 57.66 billion current LCU in 2023.
- What is the lowest military expenditure recorded in Nepal?
- The lowest recorded value was 52.50 million current LCU in 1970.
- How does Nepal rank for military expenditure?
- Nepal ranks 80th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Nepal?
- Over the last ten years it is up 78.3%. The long-run trend across the full record is volatile.
- Where does this Nepal 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
Military expenditure in local currency at current prices (by calendar year)