Eritrea—Military Spending (% of GDP)
Category: MilitarySource: World Bank World Development Indicators
Latest Value
20.9%
2003
YoY Change
+0.9%
2002 → 2003
Maximum
32.7%
2000
Minimum
20.7%
2002
CAGR
-13.9%
4 years
Last
20.9%
Previous
20.7%
Highest
32.7%
Lowest
20.7%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2003 | 20.9% | +0.9% |
| 2002 | 20.7% | -6.6% |
| 2001 | 22.1% | -32.2% |
| 2000 | 32.7% |
Top Countries — Military Spending (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Ukraine | 34.5% | 2024 |
| 2 | Israel | 8.8% | 2024 |
| 3 | Algeria | 8.0% | 2024 |
| 4 | Saudi Arabia | 7.3% | 2024 |
| 5 | Russian Federation | 7.1% | 2024 |
| 6 | Myanmar | 6.8% | 2024 |
| 7 | Qatar | 6.5% | 2022 |
| 8 | Oman | 5.6% | 2024 |
| 9 | Armenia | 5.5% | 2024 |
| 10 | Libya | 5.3% | 2023 |
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 →