Military expenditure in Other small states
Other small states: Military expenditure was 3.05 billion current USD in 2024. ▲ Rising
Military expenditure in Other small states, 1992–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
In 2024, military expenditure in Other small states stood at 3.05 billion current USD. That is the highest value across all 33 years on record.
Compared with earlier readings it is up 14.5% on the previous year and up 80.2% over ten years.
Over the whole period, military expenditure in Other small states peaked at 3.05 billion current USD in 2024 and was at its lowest, 621.25 million current USD, in 1993.
The long-run direction has been consistently rising across the 33 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 840.51 million current USD | 621.25 million current USD | 1.06 billion current USD | 8 |
| 2000s | 1.05 billion current USD | 696.45 million current USD | 1.55 billion current USD | 10 |
| 2010s | 1.60 billion current USD | 1.48 billion current USD | 1.85 billion current USD | 10 |
| 2020s | 2.39 billion current USD | 1.97 billion current USD | 3.05 billion current USD | 5 |
More public sector data for Other small states
- Arms imports 104.00 million SIPRI trend indicator values (2021)
- Tax revenue 22.0% (2023)
- Taxes on income, profits and capital gains 26.1% (2024)
- Taxes on goods and services 34.4% (2024)
- Net investment in nonfinancial assets 3.1% (2023)
- Net lending (+) / net borrowing (-) -1.8% (2023)
- Interest payments 2.8% (2024)
- Grants and other revenue 10.2% (2024)
- Interest payments 3.1% (2023)
- Other taxes 2.7% (2022)
Frequently asked questions
- What is military expenditure in Other small states?
- Military expenditure in Other small states was 3.05 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 Other small states?
- The highest recorded value was 3.05 billion current USD in 2024.
- What is the lowest military expenditure recorded in Other small states?
- The lowest recorded value was 621.25 million current USD in 1993.
- Is military expenditure rising or falling in Other small states?
- Over the last ten years it is up 80.2%. The long-run trend across the full record is rising.
- Where does this Other small states 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 — 33 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)