Military expenditure in Slovakia
Slovakia: Military expenditure was 2.85 billion current USD in 2024. ◆ Volatile
Military expenditure in Slovakia, 1993–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
Slovakia recorded 2.85 billion current USD for military expenditure in 2024. That is the highest value across all 32 years on record.
Compared with earlier readings it is up 16.7% on the previous year and up 185.6% over ten years.
Over the whole period, military expenditure in Slovakia peaked at 2.85 billion current USD in 2024 and was at its lowest, 266.90 million current USD, in 1993.
That places Slovakia 56th 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 |
|---|---|---|---|---|
| 1990s | 437.48 million current USD | 266.90 million current USD | 641.56 million current USD | 7 |
| 2000s | 814.81 million current USD | 342.32 million current USD | 1.41 billion current USD | 10 |
| 2010s | 1.13 billion current USD | 967.92 million current USD | 1.80 billion current USD | 10 |
| 2020s | 2.30 billion current USD | 2.05 billion current USD | 2.85 billion current USD | 5 |
Countries ranked near Slovakia
- 53 Bangladesh 4.03 billion current USD compare
- 54 Azerbaijan 3.78 billion current USD compare
- 55 New Zealand 3.00 billion current USD compare
- 57 South Africa 2.84 billion current USD compare
- 58 Ecuador 2.70 billion current USD compare
- 59 Lithuania 2.63 billion current USD compare
More public sector data for Slovakia
- Arms imports 298.00 million SIPRI trend indicator values (2024)
- Tax revenue 19.1% (2024)
- Taxes on income, profits and capital gains 20.4% (2024)
- Taxes on goods and services 28.3% (2024)
- Net investment in nonfinancial assets 2.5% (2024)
- Net lending (+) / net borrowing (-) -5.4% (2024)
- Interest payments 3.5% (2024)
- Interest payments 2.7% (2022)
- Other taxes 0.0% (2024)
- Compensation of employees 16.4% (2022)
Frequently asked questions
- What is military expenditure in Slovakia?
- Military expenditure in Slovakia was 2.85 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 Slovakia?
- The highest recorded value was 2.85 billion current USD in 2024.
- What is the lowest military expenditure recorded in Slovakia?
- The lowest recorded value was 266.90 million current USD in 1993.
- How does Slovakia rank for military expenditure?
- Slovakia ranks 56th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Slovakia?
- Over the last ten years it is up 185.6%. The long-run trend across the full record is volatile.
- Where does this Slovakia 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)