Military expenditure in Somalia
Somalia: Military expenditure was 201.85 million current USD in 2024. ◆ Volatile
Military expenditure in Somalia, 1961–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
Somalia recorded 201.85 million current USD for military expenditure in 2024. That is the highest value across all 41 years on record.
That represents a change of up 43.2% on the previous year and up 235.0% over ten years.
Over the whole period, military expenditure in Somalia peaked at 201.85 million current USD in 2024 and was at its lowest, 3.16 million current USD, in 1961.
That places Somalia 127th out of 167 countries with data for 2024, putting it in the bottom quarter.
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 | 5.92 million current USD | 3.16 million current USD | 9.00 million current USD | 9 |
| 1970s | 32.35 million current USD | 11.20 million current USD | 87.70 million current USD | 10 |
| 1980s | 65.23 million current USD | 8.56 million current USD | 134.00 million current USD | 10 |
| 2010s | 55.82 million current USD | 26.05 million current USD | 76.56 million current USD | 7 |
| 2020s | 134.13 million current USD | 98.16 million current USD | 201.85 million current USD | 5 |
Countries ranked near Somalia
- 124 Tajikistan 246.39 million current USD compare
- 125 Trinidad and Tobago 234.54 million current USD compare
- 126 Bosnia and Herzegovina 215.97 million current USD compare
- 128 Guyana 201.84 million current USD compare
- 129 Togo 195.35 million current USD compare
- 130 Congo 182.04 million current USD compare
More public sector data for Somalia
- Arms imports 4.00 million SIPRI trend indicator values (2024)
- Tax revenue 2.2% (2024)
- Taxes on income, profits and capital gains 4.0% (2024)
- Taxes on goods and services 5.8% (2024)
- Net investment in nonfinancial assets 0.2% (2024)
- Net lending (+) / net borrowing (-) 0.2% (2024)
- Interest payments 0.6% (2024)
- Grants and other revenue 70.6% (2024)
- Other taxes 1.1% (2024)
- Compensation of employees 42.0% (2023)
Frequently asked questions
- What is military expenditure in Somalia?
- Military expenditure in Somalia was 201.85 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 Somalia?
- The highest recorded value was 201.85 million current USD in 2024.
- What is the lowest military expenditure recorded in Somalia?
- The lowest recorded value was 3.16 million current USD in 1961.
- How does Somalia rank for military expenditure?
- Somalia ranks 127th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Somalia?
- Over the last ten years it is up 235.0%. The long-run trend across the full record is volatile.
- Where does this Somalia 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 — 41 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)