Liberia—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #145 of 156Updated May 2026
Latest Value
$33.8M
2024
YoY Change
-45.9%
2023 → 2024
Global Rank
#145
of 156 countries
Maximum
$62.5M
2023
Minimum
$2.9M
2007
CAGR
+10.6%
21 years
Last
$33.8M
Previous
$62.5M
Highest
$62.5M
Lowest
$2.9M
Source
World Bank World Development Indicators
Liberia's military expenditure (usd) was $33.8M in 2024, ranking #145 out of 156 countries. This represents a -45.9% change from 2023. Over the past 21 years, the highest recorded value was $62.5M (2023) and the lowest was $2.9M (2007). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $33.8M | -45.9% |
| 2023 | $62.5M | +19.8% |
| 2022 | $52.2M | +75.6% |
| 2021 | $29.7M | +130.4% |
| 2020 | $12.9M | +0.0% |
| 2019 | $12.9M | -2.5% |
| 2018 | $13.2M | -0.8% |
| 2017 | $13.3M | -9.4% |
| 2016 | $14.7M | -0.6% |
| 2015 | $14.8M | +1.8% |
| 2014 | $14.5M | -3.8% |
| 2013 | $15.1M | -0.4% |
| 2012 | $15.2M | +21.0% |
| 2011 | $12.5M | +39.6% |
| 2010 | $9.0M | +33.3% |
| 2009 | $6.7M | +37.7% |
| 2008 | $4.9M | +69.8% |
| 2007 | $2.9M | -26.1% |
| 2006 | $3.9M | -39.7% |
| 2005 | $6.5M | +42.9% |
| 2004 | $4.5M |
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 |