Malawi—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #132 of 156Updated May 2026
Latest Value
$117.6M
2024
YoY Change
-21.4%
2023 → 2024
Global Rank
#132
of 156 countries
Maximum
$149.6M
2023
Minimum
$11.7M
2000
CAGR
+10.1%
25 years
Last
$117.6M
Previous
$149.6M
Highest
$149.6M
Lowest
$11.7M
Source
World Bank World Development Indicators
Malawi's military expenditure (usd) was $117.6M in 2024, ranking #132 out of 156 countries. This represents a -21.4% change from 2023. Over the past 25 years, the highest recorded value was $149.6M (2023) and the lowest was $11.7M (2000). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $117.6M | -21.4% |
| 2023 | $149.6M | +27.3% |
| 2022 | $117.5M | +27.0% |
| 2021 | $92.6M | -6.4% |
| 2020 | $98.9M | +16.1% |
| 2019 | $85.2M | +45.9% |
| 2018 | $58.4M | +23.1% |
| 2017 | $47.4M | +32.6% |
| 2016 | $35.7M | -12.4% |
| 2015 | $40.8M | -17.5% |
| 2014 | $49.5M | -21.4% |
| 2013 | $62.9M | +36.3% |
| 2012 | $46.2M | -12.6% |
| 2011 | $52.8M | +5.6% |
| 2010 | $50.0M | -15.0% |
| 2009 | $58.8M | +32.2% |
| 2008 | $44.5M | +32.3% |
| 2007 | $33.6M | +8.1% |
| 2006 | $31.1M | -18.6% |
| 2005 | $38.2M | +74.0% |
| 2004 | $22.0M | +67.4% |
| 2003 | $13.1M | -11.5% |
| 2002 | $14.8M | +16.8% |
| 2001 | $12.7M | +8.1% |
| 2000 | $11.7M |
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 |