Home/Countries/Trinidad and Tobago/Military Spending (% of govt expenditure)

Trinidad and TobagoMilitary Spending (% of govt expenditure)

Category: MilitarySource: World Bank World Development IndicatorsGlobal Rank: #126 of 151Updated April 2026
Latest Value
2.7%
2024
YoY Change
-6.4%
20232024
Global Rank
#126
of 151 countries
Maximum
2.9%
2023
Minimum
0.6%
2001
CAGR
+6.6%
24 years
Last
2.7%
Previous
2.9%
Highest
2.9%
Lowest
0.6%
Source
World Bank World Development Indicators

Trinidad and Tobago's military spending (% of govt expenditure) was 2.7% in 2024, ranking #126 out of 151 countries. This represents a -6.4% change from 2023. Over the past 24 years, the highest recorded value was 2.9% (2023) and the lowest was 0.6% (2001). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
20242.7%-6.4%
20232.9%+3.2%
20222.8%-0.1%
20212.8%+25.4%
20202.3%-4.6%
20192.4%+2.7%
20182.3%-16.4%
20172.8%-4.0%
20162.9%+33.3%
20152.2%+10.0%
20142.0%-17.1%
20132.4%+11.9%
20122.1%+9.4%
20111.9%-7.8%
20102.1%+9.0%
20091.9%+3.6%
20081.9%-16.2%
20072.2%+12.3%
20062.0%-13.0%
20052.3%-9.8%
20042.5%+89.4%
20031.3%+51.7%
20020.9%+39.1%
20010.6%

Top Countries — Military Spending (% of govt expenditure)

#CountryValueYear
1Ukraine54.0%2024
2Belarus50.7%2024
3Myanmar29.1%2024
4Qatar26.9%2022
5Saudi Arabia22.3%2024
6Somalia, Fed. Rep.21.6%2024
7Algeria21.4%2024
8Oman20.1%2024
9Singapore20.1%2024
10Israel20.0%2024
View all 151 countries →