Trinidad and Tobago—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #119 of 156Updated April 2026
Latest Value
$234.5M
2024
YoY Change
-3.6%
2023 → 2024
Global Rank
#119
of 156 countries
Maximum
$243.3M
2023
Minimum
$13.9M
2001
CAGR
+13.1%
24 years
Last
$234.5M
Previous
$243.3M
Highest
$243.3M
Lowest
$13.9M
Source
World Bank World Development Indicators
Trinidad and Tobago's military expenditure (usd) was $234.5M in 2024, ranking #119 out of 156 countries. This represents a -3.6% change from 2023. Over the past 24 years, the highest recorded value was $243.3M (2023) and the lowest was $13.9M (2001). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $234.5M | -3.6% |
| 2023 | $243.3M | +12.0% |
| 2022 | $217.2M | +3.1% |
| 2021 | $210.7M | +23.8% |
| 2020 | $170.2M | -1.4% |
| 2019 | $172.5M | +3.9% |
| 2018 | $166.0M | -17.7% |
| 2017 | $201.8M | -6.7% |
| 2016 | $216.3M | +7.0% |
| 2015 | $202.1M | +7.0% |
| 2014 | $188.9M | -10.6% |
| 2013 | $211.2M | +25.1% |
| 2012 | $168.8M | +15.5% |
| 2011 | $146.1M | +2.1% |
| 2010 | $143.1M | +3.3% |
| 2009 | $138.5M | -0.4% |
| 2008 | $139.1M | +11.5% |
| 2007 | $124.8M | +8.0% |
| 2006 | $115.6M | +18.2% |
| 2005 | $97.8M | +28.8% |
| 2004 | $75.9M | +124.9% |
| 2003 | $33.7M | +73.1% |
| 2002 | $19.5M | +39.8% |
| 2001 | $13.9M |
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 |