Military expenditure in East Asia & Pacific
East Asia & Pacific: Military expenditure was 518.54 billion current USD in 2024. ◆ Volatile
Military expenditure in East Asia & Pacific, 1989–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
In 2024, military expenditure in East Asia & Pacific stood at 518.54 billion current USD. That is the highest value across all 36 years on record.
The figure is up 6.1% on the previous year and up 51.6% over ten years.
Over the whole period, military expenditure in East Asia & Pacific peaked at 518.54 billion current USD in 2024 and was at its lowest, 72.10 billion current USD, in 1989.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 72.10 billion current USD | 72.10 billion current USD | 72.10 billion current USD | 1 |
| 1990s | 100.59 billion current USD | 74.69 billion current USD | 117.42 billion current USD | 10 |
| 2000s | 161.95 billion current USD | 115.94 billion current USD | 226.53 billion current USD | 10 |
| 2010s | 341.63 billion current USD | 250.10 billion current USD | 411.03 billion current USD | 10 |
| 2020s | 479.32 billion current USD | 436.03 billion current USD | 518.54 billion current USD | 5 |
More public sector data for East Asia & Pacific
- Arms imports 4.69 billion SIPRI trend indicator values (2024)
- Tax revenue 10.8% (2022)
- Taxes on income, profits and capital gains 34.0% (2023)
- Taxes on goods and services 25.3% (2023)
- Interest payments 3.9% (2022)
- Grants and other revenue 17.8% (2023)
- Interest payments 3.5% (2022)
- Other taxes 0.4% (2022)
- Compensation of employees 21.2% (2022)
- Goods and services expense 17.0% (2022)
Frequently asked questions
- What is military expenditure in East Asia & Pacific?
- Military expenditure in East Asia & Pacific was 518.54 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 East Asia & Pacific?
- The highest recorded value was 518.54 billion current USD in 2024.
- What is the lowest military expenditure recorded in East Asia & Pacific?
- The lowest recorded value was 72.10 billion current USD in 1989.
- Is military expenditure rising or falling in East Asia & Pacific?
- Over the last ten years it is up 51.6%. The long-run trend across the full record is volatile.
- Where does this East Asia & Pacific 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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CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)