Lao PDR—Military Expenditure (USD)
Latest Value
$22.7M
2013
YoY Change
+11.6%
2012 → 2013
Maximum
$22.7M
2013
Minimum
$11.0M
2003
CAGR
+3.9%
14 years
Last
$22.7M
Previous
$20.3M
Highest
$22.7M
Lowest
$11.0M
Unit
current US dollars
Source
World Bank World Development Indicators
Lao PDR's military expenditure (USD) was $22.7M in 2013. This represents a +11.6% change from 2012. Over the past 14 years, the highest recorded value was $22.7M (2013) and the lowest was $11.0M (2003). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2013 | $22.7M | +11.6% |
| 2012 | $20.3M | +6.9% |
| 2011 | $19.0M | +23.8% |
| 2010 | $15.4M | +9.9% |
| 2009 | $14.0M | -14.1% |
| 2008 | $16.3M | +9.6% |
| 2007 | $14.8M | +10.7% |
| 2006 | $13.4M | +12.1% |
| 2005 | $12.0M | +4.1% |
| 2004 | $11.5M | +4.4% |
| 2003 | $11.0M | -3.7% |
| 2002 | $11.4M | -9.1% |
| 2001 | $12.6M | -8.3% |
| 2000 | $13.7M |
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 |
About This Indicator
Definition
Military spending USD, in current prices (converted at the exchange rate for the given year)
Methodology
Original contributors: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), uri: https://www.sipri.org/databases
Unit
current US dollars
Source: World Bank (World Development Indicators)View original source →