Military expenditure in Malawi

Malawi: Military expenditure was 117.59 million current USD in 2024. ◆ Volatile

Latest (2024)
117.59 million current USD
Change on year
down 21.4%
World rank
140th
of 167 countries
All-time high
149.58 million current USD
in 2023
All-time low
1.77 million current USD
in 1965
Years of data
60
1965–2024

Military expenditure in Malawi, 1965–2024

050.0M100.0M150.0M196519942024

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

Analysis

The most recent figure for military expenditure in Malawi is 117.59 million current USD, measured in 2024.

The figure is down 21.4% on the previous year and up 137.8% over ten years.

Over the whole period, military expenditure in Malawi peaked at 149.58 million current USD in 2023 and was at its lowest, 1.77 million current USD, in 1965.

Malawi ranks 140th of 167 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.92 million current USD 1.77 million current USD 2.13 million current USD 5
1970s 11.79 million current USD 2.06 million current USD 43.03 million current USD 10
1980s 26.88 million current USD 18.84 million current USD 53.13 million current USD 10
1990s 20.25 million current USD 11.05 million current USD 26.41 million current USD 10
2000s 28.05 million current USD 11.73 million current USD 58.80 million current USD 10
2010s 52.88 million current USD 35.75 million current USD 85.18 million current USD 10
2020s 115.23 million current USD 92.57 million current USD 149.58 million current USD 5

Countries ranked near Malawi

  1. 137 Montenegro 150.03 million current USD compare
  2. 138 Cuba 128.61 million current USD compare
  3. 139 Madagascar 121.63 million current USD compare
  4. 141 Equatorial Guinea 113.14 million current USD compare
  5. 142 Turkmenistan 111.92 million current USD compare
  6. 143 Moldova 110.73 million current USD compare

See the full ranking of 211 places →

More public sector data for Malawi

All data for Malawi →

Frequently asked questions

What is military expenditure in Malawi?
Military expenditure in Malawi was 117.59 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 Malawi?
The highest recorded value was 149.58 million current USD in 2023.
What is the lowest military expenditure recorded in Malawi?
The lowest recorded value was 1.77 million current USD in 1965.
How does Malawi rank for military expenditure?
Malawi ranks 140th out of 167 countries with data for 2024.
Is military expenditure rising or falling in Malawi?
Over the last ten years it is up 137.8%. The long-run trend across the full record is volatile.
Where does this Malawi 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)