Nepal—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #105 of 156Updated April 2026
Latest Value
$426.5M
2024
YoY Change
-2.3%
2023 → 2024
Global Rank
#105
of 156 countries
Maximum
$454.5M
2022
Minimum
$51.4M
2000
CAGR
+9.2%
25 years
Last
$426.5M
Previous
$436.5M
Highest
$454.5M
Lowest
$51.4M
Source
World Bank World Development Indicators
Nepal's military expenditure (usd) was $426.5M in 2024, ranking #105 out of 156 countries. This represents a -2.3% change from 2023. Over the past 25 years, the highest recorded value was $454.5M (2022) and the lowest was $51.4M (2000). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $426.5M | -2.3% |
| 2023 | $436.5M | -4.0% |
| 2022 | $454.5M | +0.3% |
| 2021 | $453.3M | +4.3% |
| 2020 | $434.4M | +1.3% |
| 2019 | $428.7M | -0.2% |
| 2018 | $429.4M | -1.7% |
| 2017 | $436.7M | +22.5% |
| 2016 | $356.5M | +10.1% |
| 2015 | $323.8M | -1.3% |
| 2014 | $328.1M | +16.8% |
| 2013 | $281.0M | +9.5% |
| 2012 | $256.7M | -9.8% |
| 2011 | $284.5M | +11.6% |
| 2010 | $255.0M | +21.6% |
| 2009 | $209.7M | +12.1% |
| 2008 | $187.1M | +10.3% |
| 2007 | $169.6M | +7.8% |
| 2006 | $157.2M | -1.3% |
| 2005 | $159.3M | +21.9% |
| 2004 | $130.7M | +26.9% |
| 2003 | $102.9M | +20.5% |
| 2002 | $85.4M | +32.0% |
| 2001 | $64.7M | +26.0% |
| 2000 | $51.4M |
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 |