Military expenditure in Nepal
Nepal: Military expenditure was 426.52 million current USD in 2024. ◆ Volatile
Military expenditure in Nepal, 1970–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
The most recent figure for military expenditure in Nepal is 426.52 million current USD, measured in 2024.
That represents a change of down 2.3% on the previous year and up 30.0% over ten years.
Over the whole period, military expenditure in Nepal peaked at 454.51 million current USD in 2022 and was at its lowest, 5.19 million current USD, in 1970.
That places Nepal 111th out of 167 countries with data for 2024, putting it in the middle of the range.
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 | 10.10 million current USD | 5.19 million current USD | 17.30 million current USD | 10 |
| 1980s | 29.35 million current USD | 20.08 million current USD | 36.33 million current USD | 10 |
| 1990s | 39.89 million current USD | 35.43 million current USD | 47.48 million current USD | 10 |
| 2000s | 131.80 million current USD | 51.36 million current USD | 209.70 million current USD | 10 |
| 2010s | 338.04 million current USD | 254.95 million current USD | 436.75 million current USD | 10 |
| 2020s | 441.03 million current USD | 426.52 million current USD | 454.51 million current USD | 5 |
Countries ranked near Nepal
- 108 Kyrgyzstan 473.05 million current USD compare
- 109 Mozambique 450.45 million current USD compare
- 110 Niger 435.88 million current USD compare
- 112 El Salvador 425.20 million current USD compare
- 113 Guatemala 415.19 million current USD compare
- 114 Paraguay 413.97 million current USD compare
More public sector data for Nepal
- Arms imports 0 SIPRI trend indicator values (2021)
- Tax revenue 13.9% (2023)
- Taxes on income, profits and capital gains 26.7% (2023)
- Taxes on goods and services 38.0% (2023)
- Net investment in nonfinancial assets 4.4% (2023)
- Net lending (+) / net borrowing (-) -5.9% (2023)
- Interest payments 8.0% (2023)
- Grants and other revenue 17.8% (2023)
- Interest payments 4.1% (2021)
- Other taxes 1.0% (2023)
Frequently asked questions
- What is military expenditure in Nepal?
- Military expenditure in Nepal was 426.52 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 Nepal?
- The highest recorded value was 454.51 million current USD in 2022.
- What is the lowest military expenditure recorded in Nepal?
- The lowest recorded value was 5.19 million current USD in 1970.
- How does Nepal rank for military expenditure?
- Nepal ranks 111th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Nepal?
- Over the last ten years it is up 30.0%. The long-run trend across the full record is volatile.
- Where does this Nepal 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)