Military expenditure in Least developed countries: UN classification
Least developed countries: UN classification: Military expenditure was 23.48 billion current USD in 2024. ◆ Volatile
Military expenditure in Least developed countries: UN classification, 1973–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
The most recent figure for military expenditure in Least developed countries: UN classification is 23.48 billion current USD, measured in 2024.
That represents a change of up 19.8% on the previous year and up 17.9% over ten years.
Over the whole period, military expenditure in Least developed countries: UN classification peaked at 39.36 billion current USD in 2005 and was at its lowest, 771.45 million current USD, in 1973.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.48 billion current USD | 771.45 million current USD | 2.79 billion current USD | 7 |
| 1980s | 3.53 billion current USD | 2.84 billion current USD | 4.85 billion current USD | 10 |
| 1990s | 7.82 billion current USD | 5.60 billion current USD | 11.84 billion current USD | 10 |
| 2000s | 19.01 billion current USD | 8.37 billion current USD | 39.36 billion current USD | 10 |
| 2010s | 16.04 billion current USD | 11.31 billion current USD | 19.92 billion current USD | 10 |
| 2020s | 19.46 billion current USD | 17.07 billion current USD | 23.48 billion current USD | 5 |
More public sector data for Least developed countries: UN classification
- Arms imports 748.00 million SIPRI trend indicator values (2023)
- Tax revenue 10.6% (2021)
- Taxes on income, profits and capital gains 24.6% (2021)
- Taxes on goods and services 37.2% (2021)
- Net investment in nonfinancial assets 4.5% (2021)
- Net lending (+) / net borrowing (-) -2.5% (2021)
- Interest payments 8.0% (2021)
- Grants and other revenue 26.7% (2021)
- Interest payments 8.9% (2021)
- Other taxes 0.6% (2021)
Frequently asked questions
- What is military expenditure in Least developed countries: UN classification?
- Military expenditure in Least developed countries: UN classification was 23.48 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 Least developed countries: UN classification?
- The highest recorded value was 39.36 billion current USD in 2005.
- What is the lowest military expenditure recorded in Least developed countries: UN classification?
- The lowest recorded value was 771.45 million current USD in 1973.
- Is military expenditure rising or falling in Least developed countries: UN classification?
- Over the last ten years it is up 17.9%. The long-run trend across the full record is volatile.
- Where does this Least developed countries: UN classification 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
Military spending USD, in current prices (converted at the exchange rate for the given year)