Military expenditure in Low income
Low income: Military expenditure was 9.31 billion current USD in 2024. ▲ Rising
Military expenditure in Low income, 1970–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
In 2024, military expenditure in Low income stood at 9.31 billion current USD.
That represents a change of up 17.9% on the previous year and up 56.6% over ten years.
Over the whole period, military expenditure in Low income peaked at 9.84 billion current USD in 2009 and was at its lowest, 517.77 million current USD, in 1970.
The long-run direction has been consistently rising across the 53 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.59 billion current USD | 517.77 million current USD | 2.93 billion current USD | 8 |
| 1980s | 4.37 billion current USD | 2.88 billion current USD | 5.52 billion current USD | 10 |
| 1990s | 4.02 billion current USD | 2.41 billion current USD | 6.36 billion current USD | 10 |
| 2000s | 5.61 billion current USD | 3.01 billion current USD | 9.84 billion current USD | 10 |
| 2010s | 6.47 billion current USD | 4.76 billion current USD | 8.42 billion current USD | 10 |
| 2020s | 7.23 billion current USD | 5.90 billion current USD | 9.31 billion current USD | 5 |
More public sector data for Low income
- Arms imports 141.00 million SIPRI trend indicator values (2024)
- Grants and other revenue 30.6% (2020)
- Military expenditure 1.6% (2024)
- Armed forces personnel, total 2.92 million (2020)
- Armed forces personnel 1.2% (2020)
- Statistical performance indicators (SPI): Pillar 1 data use score 64.39 scale 0-100 (2024)
- Intentional homicides 10.4 per 100,000 people (2023)
- Statistical performance indicators (SPI): Pillar 3 data products score 67.13 scale 0-100 (2024)
- Proportion of seats held by women in national parliaments 24.8% (2025)
- Military expenditure 9.3% (2024)
Frequently asked questions
- What is military expenditure in Low income?
- Military expenditure in Low income was 9.31 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 Low income?
- The highest recorded value was 9.84 billion current USD in 2009.
- What is the lowest military expenditure recorded in Low income?
- The lowest recorded value was 517.77 million current USD in 1970.
- Is military expenditure rising or falling in Low income?
- Over the last ten years it is up 56.6%. The long-run trend across the full record is rising.
- Where does this Low income 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 — 53 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)