Home/Countries/Saudi Arabia/Military Spending (% of GDP)

Saudi ArabiaMilitary Spending (% of GDP)

Category: MilitarySource: World Bank World Development IndicatorsGlobal Rank: #4 of 153
Latest Value
7.3%
2024
YoY Change
+0.2%
20232024
Global Rank
#4
of 153 countries
Maximum
13.0%
2015
Minimum
6.4%
2022
CAGR
-1.5%
25 years
Last
7.3%
Previous
7.3%
Highest
13.0%
Lowest
6.4%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators

Historical Data

YearValueChange
20247.3%+0.2%
20237.3%+13.9%
20226.4%-11.5%
20217.2%-17.8%
20208.8%+12.8%
20197.8%-11.6%
20188.8%-10.5%
20179.8%+3.0%
20169.6%-26.6%
201513.0%+23.6%
201410.5%+18.5%
20138.9%+16.7%
20127.6%+6.2%
20117.2%-16.3%
20108.6%-10.9%
20099.6%+30.8%
20087.4%-13.8%
20078.5%+8.6%
20067.8%+1.5%
20057.7%-4.3%
20048.1%-7.0%
20038.7%-11.0%
20029.8%-14.5%
200111.4%+8.4%
200010.5%

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 →