Military expenditure in Saudi Arabia

Saudi Arabia: Military expenditure was 80.33 billion current USD in 2024. ◆ Volatile

Latest (2024)
80.33 billion current USD
Change on year
up 3.3%
World rank
7th
of 167 countries
All-time high
87.19 billion current USD
in 2015
All-time low
71.56 million current USD
in 1961
Years of data
61
1960–2024

Military expenditure in Saudi Arabia, 1960–2024

020.0B40.0B60.0B80.0B196019922024

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

Analysis

Saudi Arabia recorded 80.33 billion current USD for military expenditure in 2024.

That represents a change of up 3.3% on the previous year and down 0.5% over ten years.

Over the whole period, military expenditure in Saudi Arabia peaked at 87.19 billion current USD in 2015 and was at its lowest, 71.56 million current USD, in 1961.

Saudi Arabia ranks 7th of 167 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1960s 211.64 million current USD 71.56 million current USD 429.33 million current USD 10
1970s 6.59 billion current USD 471.56 million current USD 17.62 billion current USD 7
1980s 19.44 billion current USD 12.75 billion current USD 27.10 billion current USD 9
1990s 16.27 billion current USD 13.20 billion current USD 20.86 billion current USD 10
2000s 26.91 billion current USD 18.50 billion current USD 41.27 billion current USD 10
2010s 65.93 billion current USD 45.24 billion current USD 87.19 billion current USD 10
2020s 71.35 billion current USD 63.19 billion current USD 80.33 billion current USD 5

Countries ranked near Saudi Arabia

  1. 4 Germany 88.46 billion current USD compare
  2. 5 India 86.13 billion current USD compare
  3. 6 United Kingdom 81.76 billion current USD compare
  4. 8 Ukraine 64.70 billion current USD compare
  5. 9 France 64.67 billion current USD compare
  6. 10 Japan 55.27 billion current USD compare

See the full ranking of 211 places →

More public sector data for Saudi Arabia

All data for Saudi Arabia →

Frequently asked questions

What is military expenditure in Saudi Arabia?
Military expenditure in Saudi Arabia was 80.33 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 Saudi Arabia?
The highest recorded value was 87.19 billion current USD in 2015.
What is the lowest military expenditure recorded in Saudi Arabia?
The lowest recorded value was 71.56 million current USD in 1961.
How does Saudi Arabia rank for military expenditure?
Saudi Arabia ranks 7th out of 167 countries with data for 2024.
Is military expenditure rising or falling in Saudi Arabia?
Over the last ten years it is down 0.5%. The long-run trend across the full record is volatile.
Where does this Saudi Arabia 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)