Military expenditure in Bangladesh

Bangladesh: Military expenditure was 4.03 billion current USD in 2024. ◆ Volatile

Latest (2024)
4.03 billion current USD
Change on year
up 6.7%
World rank
53rd
of 167 countries
All-time high
4.85 billion current USD
in 2021
All-time low
48.61 million current USD
in 1973
Years of data
52
1973–2024

Military expenditure in Bangladesh, 1973–2024

01.0B2.0B3.0B4.0B5.0B197319982024

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

Analysis

In 2024, military expenditure in Bangladesh stood at 4.03 billion current USD.

The figure is up 6.7% on the previous year and up 71.2% over ten years.

Over the whole period, military expenditure in Bangladesh peaked at 4.85 billion current USD in 2021 and was at its lowest, 48.61 million current USD, in 1973.

Bangladesh ranks 53rd 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
1970s 100.95 million current USD 48.61 million current USD 136.25 million current USD 7
1980s 247.50 million current USD 167.25 million current USD 378.80 million current USD 10
1990s 558.09 million current USD 373.02 million current USD 737.41 million current USD 10
2000s 846.38 million current USD 681.82 million current USD 1.26 billion current USD 10
2010s 2.70 billion current USD 1.62 billion current USD 4.35 billion current USD 10
2020s 4.31 billion current USD 3.78 billion current USD 4.85 billion current USD 5

Countries ranked near Bangladesh

  1. 50 Portugal 4.64 billion current USD compare
  2. 51 Malaysia 4.31 billion current USD compare
  3. 52 Argentina 4.18 billion current USD compare
  4. 54 Azerbaijan 3.78 billion current USD compare
  5. 55 New Zealand 3.00 billion current USD compare
  6. 56 Slovakia 2.85 billion current USD compare

See the full ranking of 211 places →

More public sector data for Bangladesh

All data for Bangladesh →

Frequently asked questions

What is military expenditure in Bangladesh?
Military expenditure in Bangladesh was 4.03 billion current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Bangladesh?
The highest recorded value was 4.85 billion current USD in 2021.
What is the lowest military expenditure recorded in Bangladesh?
The lowest recorded value was 48.61 million current USD in 1973.
How does Bangladesh rank for military expenditure?
Bangladesh ranks 53rd out of 167 countries with data for 2024.
Is military expenditure rising or falling in Bangladesh?
Over the last ten years it is up 71.2%. The long-run trend across the full record is volatile.
Where does this Bangladesh data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.

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About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
211 places, 10,601 data points, 1960–2024
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)