Military expenditure in IDA only

IDA only: Military expenditure was 25.89 billion current USD in 2024. ◆ Volatile

Latest (2024)
25.89 billion current USD
Change on year
up 21.0%
All-time high
40.33 billion current USD
in 2005
All-time low
1.26 billion current USD
in 1973
Years of data
52
1973–2024

Military expenditure in IDA only, 1973–2024

010.0B20.0B30.0B40.0B197319982024

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

Analysis

The most recent figure for military expenditure in IDA only is 25.89 billion current USD, measured in 2024.

The figure is up 21.0% on the previous year and up 62.0% over ten years.

Over the whole period, military expenditure in IDA only peaked at 40.33 billion current USD in 2005 and was at its lowest, 1.26 billion current USD, in 1973.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.48 billion current USD 1.26 billion current USD 4.06 billion current USD 7
1980s 5.70 billion current USD 4.68 billion current USD 6.96 billion current USD 10
1990s 9.36 billion current USD 8.13 billion current USD 12.67 billion current USD 10
2000s 20.14 billion current USD 8.91 billion current USD 40.33 billion current USD 10
2010s 15.48 billion current USD 12.30 billion current USD 18.58 billion current USD 10
2020s 21.16 billion current USD 18.67 billion current USD 25.89 billion current USD 5

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Frequently asked questions

What is military expenditure in IDA only?
Military expenditure in IDA only was 25.89 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 IDA only?
The highest recorded value was 40.33 billion current USD in 2005.
What is the lowest military expenditure recorded in IDA only?
The lowest recorded value was 1.26 billion current USD in 1973.
Is military expenditure rising or falling in IDA only?
Over the last ten years it is up 62.0%. The long-run trend across the full record is volatile.
Where does this IDA only 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)