Nigeria—Military Spending (% of govt expenditure)
Category: MilitarySource: World Bank World Development Indicators
Latest Value
3.1%
2024
YoY Change
-50.6%
2023 → 2024
Maximum
8.1%
2021
Minimum
2.0%
2007
CAGR
+1.4%
25 years
Last
3.1%
Previous
6.2%
Highest
8.1%
Lowest
2.0%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 3.1% | -50.6% |
| 2023 | 6.2% | +37.4% |
| 2022 | 4.5% | -43.9% |
| 2021 | 8.1% | +54.3% |
| 2020 | 5.2% | +42.1% |
| 2019 | 3.7% | -7.0% |
| 2018 | 4.0% | +10.1% |
| 2017 | 3.6% | -19.0% |
| 2016 | 4.4% | +17.4% |
| 2015 | 3.8% | +21.8% |
| 2014 | 3.1% | -6.6% |
| 2013 | 3.3% | -1.9% |
| 2012 | 3.4% | +1.1% |
| 2011 | 3.3% | +3.0% |
| 2010 | 3.2% | -0.9% |
| 2009 | 3.3% | -3.6% |
| 2008 | 3.4% | +66.5% |
| 2007 | 2.0% | -27.8% |
| 2006 | 2.8% | +26.8% |
| 2005 | 2.2% | -16.7% |
| 2004 | 2.7% | +8.9% |
| 2003 | 2.5% | -50.1% |
| 2002 | 4.9% | +94.7% |
| 2001 | 2.5% | +15.1% |
| 2000 | 2.2% |