Military expenditure in Georgia

Georgia: Military expenditure was 615.86 million current USD in 2024. ◆ Volatile

Latest (2024)
615.86 million current USD
Change on year
up 21.1%
World rank
98th
of 167 countries
All-time high
1.09 billion current USD
in 2008
All-time low
18.82 million current USD
in 2000
Years of data
29
1996–2024

Military expenditure in Georgia, 1996–2024

0250.0M500.0M750.0M1.0B1996201020241996: 67.7M current USD1997: 44.0M current USD1998: 41.1M current USD1999: 25.9M current USD2000: 18.8M current USD2001: 23.8M current USD2002: 34.0M current USD2003: 42.6M current USD2004: 70.4M current USD2005: 214.1M current USD2006: 404.2M current USD2007: 931.8M current USD2008: 1.1B current USD2009: 603.7M current USD2010: 454.2M current USD2011: 468.8M current USD2012: 492.0M current USD2013: 441.9M current USD2014: 415.6M current USD2015: 299.5M current USD2016: 315.2M current USD2017: 321.1M current USD2018: 333.9M current USD2019: 310.6M current USD2020: 287.9M current USD2021: 300.5M current USD2022: 401.4M current USD2023: 508.4M current USD2024: 615.9M current USD

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

Analysis

In 2024, military expenditure in Georgia stood at 615.86 million current USD.

Compared with earlier readings it is up 21.1% on the previous year and up 48.2% over ten years.

Over the whole period, military expenditure in Georgia peaked at 1.09 billion current USD in 2008 and was at its lowest, 18.82 million current USD, in 2000.

Georgia ranks 98th 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
1990s 44.67 million current USD 25.88 million current USD 67.71 million current USD 4
2000s 343.35 million current USD 18.82 million current USD 1.09 billion current USD 10
2010s 385.28 million current USD 299.51 million current USD 491.98 million current USD 10
2020s 422.80 million current USD 287.86 million current USD 615.86 million current USD 5

Countries ranked near Georgia

  1. 95 Cote d'Ivoire 658.35 million current USD compare
  2. 96 Bolivia 655.13 million current USD compare
  3. 97 Lebanon 635.47 million current USD compare
  4. 99 Cyprus 598.19 million current USD compare
  5. 100 Honduras 581.27 million current USD compare
  6. 101 Botswana 567.82 million current USD compare

See the full ranking of 211 places →

More public sector data for Georgia

All data for Georgia →

Frequently asked questions

What is military expenditure in Georgia?
Military expenditure in Georgia was 615.86 million current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Georgia?
The highest recorded value was 1.09 billion current USD in 2008.
What is the lowest military expenditure recorded in Georgia?
The lowest recorded value was 18.82 million current USD in 2000.
How does Georgia rank for military expenditure?
Georgia ranks 98th out of 167 countries with data for 2024.
Is military expenditure rising or falling in Georgia?
Over the last ten years it is up 48.2%. The long-run trend across the full record is volatile.
Where does this Georgia 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.

Download this data

CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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)