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

Eritrea—Military Spending (% of GDP)

Category: MilitarySource: World Bank World Development Indicators ↗Series years: 2000–2003
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%
Unit
% of GDP
Source
World Bank World Development Indicators

Eritrea's military spending (% of GDP) was 20.9% in 2003. This represents a +0.9% change from 2002. Over the past 4 years, the highest recorded value was 32.7% (2000) and the lowest was 20.7% (2002). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
200320.9%+0.9%
200220.7%-6.6%
200122.1%-32.2%
200032.7%

Top Countries — Military Spending (% of GDP)

#CountryValueYear
1Ukraine39.6%2025
2Algeria8.8%2025
3Israel7.8%2025
4Russia7.5%2025
5Myanmar6.6%2024
6Qatar6.5%2022
7Saudi Arabia6.5%2025
8Azerbaijan6.5%2025
9Armenia6.1%2025
10Oman5.7%2025
View all 156 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.

Unit

% of GDP

Source: World Bank (World Development Indicators)Available series: 2000–2003View original source →