Lao PDR—Military Spending (% of GDP)
Latest Value
0.2%
2013
YoY Change
-4.8%
2012 → 2013
Maximum
0.8%
2000
Minimum
0.2%
2013
CAGR
-10.4%
14 years
Last
0.2%
Previous
0.2%
Highest
0.8%
Lowest
0.2%
Unit
% of GDP
Source
World Bank World Development Indicators
Lao PDR's military spending (% of GDP) was 0.2% in 2013. This represents a -4.8% change from 2012. Over the past 14 years, the highest recorded value was 0.8% (2000) and the lowest was 0.2% (2013). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2013 | 0.2% | -4.8% |
| 2012 | 0.2% | -6.0% |
| 2011 | 0.2% | +3.7% |
| 2010 | 0.2% | -5.8% |
| 2009 | 0.2% | -20.7% |
| 2008 | 0.3% | -12.3% |
| 2007 | 0.3% | -9.0% |
| 2006 | 0.3% | -12.6% |
| 2005 | 0.4% | -9.5% |
| 2004 | 0.4% | -11.9% |
| 2003 | 0.5% | -15.7% |
| 2002 | 0.6% | -18.6% |
| 2001 | 0.7% | -9.4% |
| 2000 | 0.8% |
Top Countries — Military Spending (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Ukraine | 34.5% | 2024 |
| 2 | Israel | 8.8% | 2024 |
| 3 | Algeria | 8.0% | 2024 |
| 4 | Saudi Arabia | 7.3% | 2024 |
| 5 | Russian Federation | 7.1% | 2024 |
| 6 | Myanmar | 6.8% | 2024 |
| 7 | Qatar | 6.5% | 2022 |
| 8 | Oman | 5.6% | 2024 |
| 9 | Armenia | 5.5% | 2024 |
| 10 | Libya | 5.3% | 2023 |
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