Military expenditure in Pre-demographic dividend
Pre-demographic dividend: Military expenditure was 22.17 billion current USD in 2024. ◆ Volatile
Military expenditure in Pre-demographic dividend, 1965–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
Pre-demographic dividend recorded 22.17 billion current USD for military expenditure in 2024.
The figure is up 1.4% on the previous year and down 8.4% over ten years.
Over the whole period, military expenditure in Pre-demographic dividend peaked at 24.40 billion current USD in 2015 and was at its lowest, 511.52 million current USD, in 1965.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 793.55 million current USD | 511.52 million current USD | 1.36 billion current USD | 5 |
| 1970s | 4.32 billion current USD | 1.47 billion current USD | 8.12 billion current USD | 10 |
| 1980s | 4.86 billion current USD | 3.57 billion current USD | 8.76 billion current USD | 10 |
| 1990s | 3.16 billion current USD | 2.09 billion current USD | 4.77 billion current USD | 10 |
| 2000s | 7.89 billion current USD | 2.77 billion current USD | 16.76 billion current USD | 10 |
| 2010s | 20.05 billion current USD | 14.67 billion current USD | 24.40 billion current USD | 10 |
| 2020s | 20.41 billion current USD | 18.70 billion current USD | 22.17 billion current USD | 5 |
More public sector data for Pre-demographic dividend
- Arms imports 447.00 million SIPRI trend indicator values (2024)
- Taxes on income, profits and capital gains 24.6% (2021)
- Taxes on goods and services 35.9% (2021)
- Interest payments 9.3% (2021)
- Grants and other revenue 23.9% (2021)
- Interest payments 10.4% (2021)
- Other taxes 1.1% (2021)
- Compensation of employees 34.7% (2021)
- Goods and services expense 23.2% (2021)
- Taxes on international trade 10.0% (2021)
Frequently asked questions
- What is military expenditure in Pre-demographic dividend?
- Military expenditure in Pre-demographic dividend was 22.17 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 Pre-demographic dividend?
- The highest recorded value was 24.40 billion current USD in 2015.
- What is the lowest military expenditure recorded in Pre-demographic dividend?
- The lowest recorded value was 511.52 million current USD in 1965.
- Is military expenditure rising or falling in Pre-demographic dividend?
- Over the last ten years it is down 8.4%. The long-run trend across the full record is volatile.
- Where does this Pre-demographic dividend 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)