Military expenditure in Papua New Guinea

Papua New Guinea: Military expenditure was 352.60 million current LCU in 2024. ◆ Volatile

Latest (2024)
352.60 million current LCU
Change on year
up 1.2%
World rank
155th
of 167 countries
All-time high
468.30 million current LCU
in 2022
All-time low
6.06 million current LCU
in 1975
Years of data
47
1975–2024

Military expenditure in Papua New Guinea, 1975–2024

0100.0M200.0M300.0M400.0M500.0M197519992024

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

Analysis

The most recent figure for military expenditure in Papua New Guinea is 352.60 million current LCU, measured in 2024.

The figure is up 1.2% on the previous year and up 27.5% over ten years.

Over the whole period, military expenditure in Papua New Guinea peaked at 468.30 million current LCU in 2022 and was at its lowest, 6.06 million current LCU, in 1975.

That places Papua New Guinea 155th 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
1970s 16.40 million current LCU 6.06 million current LCU 21.46 million current LCU 5
1980s 35.24 million current LCU 25.74 million current LCU 45.58 million current LCU 7
1990s 80.88 million current LCU 50.10 million current LCU 114.40 million current LCU 10
2000s 94.91 million current LCU 66.30 million current LCU 143.40 million current LCU 10
2010s 236.90 million current LCU 126.00 million current LCU 304.10 million current LCU 10
2020s 359.19 million current LCU 302.07 million current LCU 468.30 million current LCU 5

Countries ranked near Papua New Guinea

  1. 152 El Salvador 425.20 million current LCU compare
  2. 153 Bosnia and Herzegovina 390.50 million current LCU compare
  3. 154 Seychelles 369.02 million current LCU compare
  4. 156 Somalia 201.85 million current LCU compare
  5. 157 Fiji 174.65 million current LCU compare

See the full ranking of 167 places →

More public sector data for Papua New Guinea

All data for Papua New Guinea →

Frequently asked questions

What is military expenditure in Papua New Guinea?
Military expenditure in Papua New Guinea was 352.60 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 Papua New Guinea?
The highest recorded value was 468.30 million current LCU in 2022.
What is the lowest military expenditure recorded in Papua New Guinea?
The lowest recorded value was 6.06 million current LCU in 1975.
How does Papua New Guinea rank for military expenditure?
Papua New Guinea ranks 155th out of 167 countries with data for 2024.
Is military expenditure rising or falling in Papua New Guinea?
Over the last ten years it is up 27.5%. The long-run trend across the full record is volatile.
Where does this Papua New Guinea 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)