Home/Countries/Algeria/Military Spending (% of GDP)

AlgeriaMilitary Spending (% of GDP)

Category: MilitarySource: World Bank World Development IndicatorsGlobal Rank: #3 of 153
Latest Value
8.0%
2024
YoY Change
+7.9%
20232024
Global Rank
#3
of 153 countries
Maximum
8.0%
2024
Minimum
2.5%
2006
CAGR
+3.6%
25 years
Last
8.0%
Previous
7.4%
Highest
8.0%
Lowest
2.5%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators

Historical Data

YearValueChange
20248.0%+7.9%
20237.4%+82.1%
20224.1%-17.0%
20214.9%-16.9%
20205.9%+10.5%
20195.3%+8.1%
20184.9%-7.1%
20175.3%-6.1%
20165.7%+1.8%
20155.6%+11.8%
20145.0%+12.2%
20134.4%+7.7%
20124.1%+3.6%
20114.0%+24.2%
20103.2%-9.2%
20093.5%+22.5%
20082.9%+3.5%
20072.8%+10.2%
20062.5%-8.0%
20052.7%-10.4%
20043.0%+1.5%
20033.0%-12.1%
20023.4%-3.0%
20013.5%+2.5%
20003.4%

Top Countries — Military Spending (% of GDP)

#CountryValueYear
1Ukraine34.5%2024
2Israel8.8%2024
3Algeria8.0%2024
4Saudi Arabia7.3%2024
5Russian Federation7.1%2024
6Myanmar6.8%2024
7Qatar6.5%2022
8Oman5.6%2024
9Armenia5.5%2024
10Libya5.3%2023
View all 153 countries →

About This Indicator

Definition

Military expenditure by country as percentage of gross domestic product

Methodology

Data compiled by SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), uri: https://www.sipri.org/databases.

Source: World Bank - World Development IndicatorsView original source →