Ethiopia—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #84 of 156Updated April 2026
Latest Value
$921.7M
2024
YoY Change
-34.6%
2023 → 2024
Global Rank
#84
of 156 countries
Maximum
$1.79B
2022
Minimum
$278.7M
2003
CAGR
+1.7%
25 years
Last
$921.7M
Previous
$1.41B
Highest
$1.79B
Lowest
$278.7M
Source
World Bank World Development Indicators
Ethiopia's military expenditure (usd) was $921.7M in 2024, ranking #84 out of 156 countries. This represents a -34.6% change from 2023. Over the past 25 years, the highest recorded value was $1.79B (2022) and the lowest was $278.7M (2003). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $921.7M | -34.6% |
| 2023 | $1.41B | -21.1% |
| 2022 | $1.79B | +11.9% |
| 2021 | $1.60B | +111.5% |
| 2020 | $754.5M | +40.8% |
| 2019 | $536.0M | +3.7% |
| 2018 | $517.0M | +0.6% |
| 2017 | $513.8M | +4.8% |
| 2016 | $490.2M | +10.8% |
| 2015 | $442.5M | +6.8% |
| 2014 | $414.5M | +20.1% |
| 2013 | $345.1M | -5.9% |
| 2012 | $366.5M | +10.3% |
| 2011 | $332.4M | +9.5% |
| 2010 | $303.6M | -10.6% |
| 2009 | $339.6M | -12.5% |
| 2008 | $388.2M | +7.8% |
| 2007 | $360.1M | +4.2% |
| 2006 | $345.7M | +1.1% |
| 2005 | $342.1M | +10.0% |
| 2004 | $311.0M | +11.6% |
| 2003 | $278.7M | -3.6% |
| 2002 | $288.9M | -17.4% |
| 2001 | $349.8M | -43.4% |
| 2000 | $617.5M |
Top Countries — Military Expenditure (USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | United States | $997.31B | 2024 |
| 2 | China | $313.66B | 2024 |
| 3 | Russian Federation | $148.97B | 2024 |
| 4 | Germany | $88.46B | 2024 |
| 5 | India | $86.13B | 2024 |
| 6 | United Kingdom | $81.76B | 2024 |
| 7 | Saudi Arabia | $80.33B | 2024 |
| 8 | Ukraine | $64.70B | 2024 |
| 9 | France | $64.68B | 2024 |
| 10 | Japan | $55.27B | 2024 |