Military expenditure in Seychelles

Seychelles: Military expenditure was 26.86 million current USD in 2024. ▲ Rising

Latest (2024)
26.86 million current USD
Change on year
down 19.2%
World rank
157th
of 167 countries
All-time high
40.11 million current USD
in 2021
All-time low
7.16 million current USD
in 2010
Years of data
40
1985–2024

Military expenditure in Seychelles, 1985–2024

10.0M20.0M30.0M40.0M1985200420241985: 7.2M current USD1986: 9.8M current USD1987: 11.3M current USD1988: 12.1M current USD1989: 13.0M current USD1990: 14.8M current USD1991: 16.6M current USD1992: 20.5M current USD1993: 12.9M current USD1994: 11.9M current USD1995: 11.6M current USD1996: 10.5M current USD1997: 11.4M current USD1998: 10.5M current USD1999: 11.1M current USD2000: 10.3M current USD2001: 11.1M current USD2002: 11.7M current USD2003: 12.2M current USD2004: 15.9M current USD2005: 14.7M current USD2006: 14.4M current USD2007: 15.2M current USD2008: 11.1M current USD2009: 8.7M current USD2010: 7.2M current USD2011: 8.7M current USD2012: 9.9M current USD2013: 13.8M current USD2014: 30.9M current USD2015: 18.1M current USD2016: 21.9M current USD2017: 22.3M current USD2018: 21.6M current USD2019: 23.5M current USD2020: 19.4M current USD2021: 40.1M current USD2022: 24.5M current USD2023: 33.2M current USD2024: 26.9M current USD

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

Analysis

In 2024, military expenditure in Seychelles stood at 26.86 million current USD.

Compared with earlier readings it is down 19.2% on the previous year and down 13.1% over ten years.

Over the whole period, military expenditure in Seychelles peaked at 40.11 million current USD in 2021 and was at its lowest, 7.16 million current USD, in 2010.

Seychelles ranks 157th of 167 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 40 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 10.70 million current USD 7.25 million current USD 13.04 million current USD 5
1990s 13.19 million current USD 10.54 million current USD 20.50 million current USD 10
2000s 12.53 million current USD 8.65 million current USD 15.93 million current USD 10
2010s 17.78 million current USD 7.16 million current USD 30.91 million current USD 10
2020s 28.82 million current USD 19.41 million current USD 40.11 million current USD 5

Countries ranked near Seychelles

  1. 154 Djibouti 36.27 million current USD compare
  2. 155 Liberia 33.83 million current USD compare
  3. 156 Belize 30.14 million current USD compare
  4. 158 Guinea-Bissau 25.29 million current USD compare
  5. 159 Mauritius 23.01 million current USD compare
  6. 160 Laos 22.68 million current USD compare

See the full ranking of 211 places →

More public sector data for Seychelles

All data for Seychelles →

Frequently asked questions

What is military expenditure in Seychelles?
Military expenditure in Seychelles was 26.86 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 Seychelles?
The highest recorded value was 40.11 million current USD in 2021.
What is the lowest military expenditure recorded in Seychelles?
The lowest recorded value was 7.16 million current USD in 2010.
How does Seychelles rank for military expenditure?
Seychelles ranks 157th out of 167 countries with data for 2024.
Is military expenditure rising or falling in Seychelles?
Over the last ten years it is down 13.1%. The long-run trend across the full record is rising.
Where does this Seychelles 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)