Military expenditure in Malta

Malta: Military expenditure was 109.25 million current USD in 2024. ◆ Volatile

Latest (2024)
109.25 million current USD
Change on year
down 3.0%
World rank
144th
of 167 countries
All-time high
112.64 million current USD
in 2023
All-time low
12.95 million current USD
in 1985
Years of data
40
1985–2024

Military expenditure in Malta, 1985–2024

20.0M40.0M60.0M80.0M100.0M120.0M1985200420241985: 12.9M current USD1986: 16.5M current USD1987: 23.1M current USD1988: 22.4M current USD1989: 21.3M current USD1990: 21.2M current USD1991: 21.7M current USD1992: 26.7M current USD1993: 24.6M current USD1994: 27.9M current USD1995: 31.1M current USD1996: 33.3M current USD1997: 31.1M current USD1998: 29.1M current USD1999: 28.0M current USD2000: 25.4M current USD2001: 27.1M current USD2002: 28.4M current USD2003: 34.1M current USD2004: 40.5M current USD2005: 52.5M current USD2006: 44.4M current USD2007: 49.3M current USD2008: 56.0M current USD2009: 59.1M current USD2010: 58.7M current USD2011: 55.9M current USD2012: 49.9M current USD2013: 53.8M current USD2014: 56.5M current USD2015: 51.8M current USD2016: 59.7M current USD2017: 64.2M current USD2018: 66.9M current USD2019: 80.3M current USD2020: 86.3M current USD2021: 88.0M current USD2022: 79.0M current USD2023: 112.6M current USD2024: 109.3M current USD

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

Analysis

The most recent figure for military expenditure in Malta is 109.25 million current USD, measured in 2024.

That represents a change of down 3.0% on the previous year and up 93.3% over ten years.

Over the whole period, military expenditure in Malta peaked at 112.64 million current USD in 2023 and was at its lowest, 12.95 million current USD, in 1985.

That places Malta 144th out of 167 countries with data for 2024, putting it 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
1980s 19.26 million current USD 12.95 million current USD 23.15 million current USD 5
1990s 27.47 million current USD 21.15 million current USD 33.30 million current USD 10
2000s 41.69 million current USD 25.35 million current USD 59.11 million current USD 10
2010s 59.77 million current USD 49.92 million current USD 80.27 million current USD 10
2020s 95.03 million current USD 79.02 million current USD 112.64 million current USD 5

Countries ranked near Malta

  1. 141 Equatorial Guinea 113.14 million current USD compare
  2. 142 Turkmenistan 111.92 million current USD compare
  3. 143 Moldova 110.73 million current USD compare
  4. 145 Nicaragua 105.26 million current USD compare
  5. 146 Zimbabwe 98.39 million current USD compare
  6. 147 Papua New Guinea 91.01 million current USD compare

See the full ranking of 211 places →

More public sector data for Malta

All data for Malta →

Frequently asked questions

What is military expenditure in Malta?
Military expenditure in Malta was 109.25 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 Malta?
The highest recorded value was 112.64 million current USD in 2023.
What is the lowest military expenditure recorded in Malta?
The lowest recorded value was 12.95 million current USD in 1985.
How does Malta rank for military expenditure?
Malta ranks 144th out of 167 countries with data for 2024.
Is military expenditure rising or falling in Malta?
Over the last ten years it is up 93.3%. The long-run trend across the full record is volatile.
Where does this Malta 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)