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

GhanaMilitary Spending (% of GDP)

Category: MilitarySource: World Bank World Development IndicatorsGlobal Rank: #147 of 153
Latest Value
0.4%
2024
YoY Change
-3.5%
20232024
Global Rank
#147
of 153 countries
Maximum
0.6%
2012
Minimum
0.3%
2002
CAGR
-0.6%
25 years
Last
0.4%
Previous
0.4%
Highest
0.6%
Lowest
0.3%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators

Historical Data

YearValueChange
20240.4%-3.5%
20230.4%+17.8%
20220.3%-11.7%
20210.4%+9.1%
20200.4%+2.1%
20190.3%+5.5%
20180.3%+4.2%
20170.3%+7.3%
20160.3%-25.8%
20150.4%-19.0%
20140.5%+21.2%
20130.4%-32.5%
20120.6%+36.3%
20110.4%+53.9%
20100.3%-16.1%
20090.3%+14.5%
20080.3%-20.6%
20070.4%+41.2%
20060.3%+0.5%
20050.3%-6.0%
20040.3%-8.6%
20030.3%+16.7%
20020.3%-1.6%
20010.3%-40.4%
20000.4%

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 →