Somalia, Fed. Rep.—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #121 of 156Series years: 2013–2024
Latest Value
$201.9M
2024
YoY Change
+43.2%
2023 → 2024
Global Rank
#121
of 156 countries
Maximum
$201.9M
2024
Minimum
$26.1M
2013
CAGR
+20.5%
12 years
Last
$201.9M
Previous
$141.0M
Highest
$201.9M
Lowest
$26.1M
Unit
current US dollars
Source
World Bank World Development Indicators
Somalia, Fed. Rep.'s military expenditure (USD) was $201.9M in 2024, ranking #121 out of 156 countries. This represents a +43.2% change from 2023. Over the past 12 years, the highest recorded value was $201.9M (2024) and the lowest was $26.1M (2013). Data sourced from the World Bank World Development Indicators.
Somalia, Fed. Rep. — Military Expenditure (USD): 201,854,000 current US dollars for reference year 2024. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $201.9M | +43.2% |
| 2023 | $141.0M | +18.8% |
| 2022 | $118.7M | +6.9% |
| 2021 | $111.0M | +13.1% |
| 2020 | $98.2M | +36.9% |
| 2019 | $71.7M | -6.3% |
| 2018 | $76.6M | +23.9% |
| 2017 | $61.8M | +29.6% |
| 2016 | $47.7M | +2.3% |
| 2015 | $46.6M | -22.6% |
| 2014 | $60.3M | +131.3% |
| 2013 | $26.1M |
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 |
About This Indicator
Definition
Military spending USD, in current prices (converted at the exchange rate for the given year)
Methodology
Original contributors: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), uri: https://www.sipri.org/databases
Unit
current US dollars
Source: World Bank (World Development Indicators)View original source →