Military expenditure in Saudi Arabia
Saudi Arabia: Military expenditure was 301.24 billion current LCU in 2024. ◆ Volatile
Military expenditure in Saudi Arabia, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
The most recent figure for military expenditure in Saudi Arabia is 301.24 billion current LCU, measured in 2024.
Compared with earlier readings it is up 3.3% on the previous year and down 0.5% over ten years.
Over the whole period, military expenditure in Saudi Arabia peaked at 326.95 billion current LCU in 2015 and was at its lowest, 322.00 million current LCU, in 1961.
That places Saudi Arabia 48th out of 167 countries with data for 2024, putting it 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 |
|---|---|---|---|---|
| 1960s | 952.40 million current LCU | 322.00 million current LCU | 1.93 billion current LCU | 10 |
| 1970s | 22.86 billion current LCU | 2.12 billion current LCU | 59.21 billion current LCU | 7 |
| 1980s | 68.43 billion current LCU | 47.81 billion current LCU | 92.89 billion current LCU | 9 |
| 1990s | 60.99 billion current LCU | 49.50 billion current LCU | 78.23 billion current LCU | 10 |
| 2000s | 100.88 billion current LCU | 69.38 billion current LCU | 154.75 billion current LCU | 10 |
| 2010s | 247.23 billion current LCU | 169.67 billion current LCU | 326.95 billion current LCU | 10 |
| 2020s | 267.58 billion current LCU | 236.98 billion current LCU | 301.24 billion current LCU | 5 |
Countries ranked near Saudi Arabia
More public sector data for Saudi Arabia
- Arms imports 1.11 billion SIPRI trend indicator values (2024)
- Tax revenue 8.1% (2024)
- Taxes on income, profits and capital gains 2.5% (2024)
- Taxes on goods and services 22.9% (2024)
- Net investment in nonfinancial assets 4.1% (2024)
- Net lending (+) / net borrowing (-) -2.5% (2024)
- Interest payments 3.5% (2024)
- Grants and other revenue 69.8% (2024)
- Interest payments 3.4% (2023)
- Other taxes 2.8% (2024)
Frequently asked questions
- What is military expenditure in Saudi Arabia?
- Military expenditure in Saudi Arabia was 301.24 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 Saudi Arabia?
- The highest recorded value was 326.95 billion current LCU in 2015.
- What is the lowest military expenditure recorded in Saudi Arabia?
- The lowest recorded value was 322.00 million current LCU in 1961.
- How does Saudi Arabia rank for military expenditure?
- Saudi Arabia ranks 48th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Saudi Arabia?
- Over the last ten years it is down 0.5%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia 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)