Papua New Guinea—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #138 of 156Updated April 2026
Latest Value
$91.0M
2024
YoY Change
-6.2%
2023 → 2024
Global Rank
#138
of 156 countries
Maximum
$132.8M
2022
Minimum
$17.0M
2002
CAGR
+4.2%
25 years
Last
$91.0M
Previous
$97.0M
Highest
$132.8M
Lowest
$17.0M
Source
World Bank World Development Indicators
Papua New Guinea's military expenditure (usd) was $91.0M in 2024, ranking #138 out of 156 countries. This represents a -6.2% change from 2023. Over the past 25 years, the highest recorded value was $132.8M (2022) and the lowest was $17.0M (2002). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $91.0M | -6.2% |
| 2023 | $97.0M | -26.9% |
| 2022 | $132.8M | +51.3% |
| 2021 | $87.8M | -6.1% |
| 2020 | $93.5M | +1.9% |
| 2019 | $91.7M | +14.7% |
| 2018 | $80.0M | -1.1% |
| 2017 | $80.9M | +2.3% |
| 2016 | $79.1M | -20.8% |
| 2015 | $99.8M | -11.2% |
| 2014 | $112.4M | +6.9% |
| 2013 | $105.1M | -5.0% |
| 2012 | $110.6M | +72.3% |
| 2011 | $64.2M | +38.5% |
| 2010 | $46.3M | -11.0% |
| 2009 | $52.0M | +32.3% |
| 2008 | $39.3M | +0.1% |
| 2007 | $39.3M | +25.5% |
| 2006 | $31.3M | +2.8% |
| 2005 | $30.5M | +24.7% |
| 2004 | $24.4M | +26.5% |
| 2003 | $19.3M | +13.4% |
| 2002 | $17.0M | -32.5% |
| 2001 | $25.2M | -24.9% |
| 2000 | $33.6M |
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 |