Nigeria—Military Spending (% of govt expenditure)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #121 of 151Updated April 2026
Latest Value
3.1%
2024
YoY Change
-50.6%
2023 → 2024
Global Rank
#121
of 151 countries
Maximum
8.1%
2021
Minimum
2.0%
2007
CAGR
+1.4%
25 years
Last
3.1%
Previous
6.2%
Highest
8.1%
Lowest
2.0%
Source
World Bank World Development Indicators
Nigeria's military spending (% of govt expenditure) was 3.1% in 2024, ranking #121 out of 151 countries. This represents a -50.6% change from 2023. Over the past 25 years, the highest recorded value was 8.1% (2021) and the lowest was 2.0% (2007). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 3.1% | -50.6% |
| 2023 | 6.2% | +37.4% |
| 2022 | 4.5% | -43.9% |
| 2021 | 8.1% | +54.3% |
| 2020 | 5.2% | +42.1% |
| 2019 | 3.7% | -7.0% |
| 2018 | 4.0% | +10.1% |
| 2017 | 3.6% | -19.0% |
| 2016 | 4.4% | +17.4% |
| 2015 | 3.8% | +21.8% |
| 2014 | 3.1% | -6.6% |
| 2013 | 3.3% | -1.9% |
| 2012 | 3.4% | +1.1% |
| 2011 | 3.3% | +3.0% |
| 2010 | 3.2% | -0.9% |
| 2009 | 3.3% | -3.6% |
| 2008 | 3.4% | +66.5% |
| 2007 | 2.0% | -27.8% |
| 2006 | 2.8% | +26.8% |
| 2005 | 2.2% | -16.7% |
| 2004 | 2.7% | +8.9% |
| 2003 | 2.5% | -50.1% |
| 2002 | 4.9% | +94.7% |
| 2001 | 2.5% | +15.1% |
| 2000 | 2.2% |
Top Countries — Military Spending (% of govt expenditure)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Ukraine | 54.0% | 2024 |
| 2 | Belarus | 50.7% | 2024 |
| 3 | Myanmar | 29.1% | 2024 |
| 4 | Qatar | 26.9% | 2022 |
| 5 | Saudi Arabia | 22.3% | 2024 |
| 6 | Somalia, Fed. Rep. | 21.6% | 2024 |
| 7 | Algeria | 21.4% | 2024 |
| 8 | Oman | 20.1% | 2024 |
| 9 | Singapore | 20.1% | 2024 |
| 10 | Israel | 20.0% | 2024 |