Malaysia—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #49 of 156Updated April 2026
Latest Value
$4.31B
2024
YoY Change
+9.9%
2023 → 2024
Global Rank
#49
of 156 countries
Maximum
$4.92B
2014
Minimum
$1.53B
2000
CAGR
+4.4%
25 years
Last
$4.31B
Previous
$3.93B
Highest
$4.92B
Lowest
$1.53B
Source
World Bank World Development Indicators
Malaysia's military expenditure (usd) was $4.31B in 2024, ranking #49 out of 156 countries. This represents a +9.9% change from 2023. Over the past 25 years, the highest recorded value was $4.92B (2014) and the lowest was $1.53B (2000). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $4.31B | +9.9% |
| 2023 | $3.93B | +6.8% |
| 2022 | $3.67B | -0.0% |
| 2021 | $3.68B | +8.9% |
| 2020 | $3.37B | +3.3% |
| 2019 | $3.27B | -5.2% |
| 2018 | $3.45B | -1.4% |
| 2017 | $3.49B | -16.2% |
| 2016 | $4.17B | -8.0% |
| 2015 | $4.53B | -7.9% |
| 2014 | $4.92B | +0.1% |
| 2013 | $4.92B | +9.1% |
| 2012 | $4.51B | -3.9% |
| 2011 | $4.69B | +21.7% |
| 2010 | $3.85B | -2.8% |
| 2009 | $3.96B | -10.1% |
| 2008 | $4.41B | +11.1% |
| 2007 | $3.97B | +21.6% |
| 2006 | $3.27B | +4.7% |
| 2005 | $3.12B | +10.5% |
| 2004 | $2.82B | -2.0% |
| 2003 | $2.88B | +28.8% |
| 2002 | $2.24B | +15.7% |
| 2001 | $1.93B | +26.2% |
| 2000 | $1.53B |
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 |