Zambia—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #112 of 156Updated April 2026
Latest Value
$349.7M
2024
YoY Change
-7.3%
2023 → 2024
Global Rank
#112
of 156 countries
Maximum
$443.6M
2014
Minimum
$98.3M
2004
CAGR
+6.5%
21 years
Last
$349.7M
Previous
$377.2M
Highest
$443.6M
Lowest
$98.3M
Source
World Bank World Development Indicators
Zambia's military expenditure (usd) was $349.7M in 2024, ranking #112 out of 156 countries. This represents a -7.3% change from 2023. Over the past 21 years, the highest recorded value was $443.6M (2014) and the lowest was $98.3M (2004). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $349.7M | -7.3% |
| 2023 | $377.2M | +15.7% |
| 2022 | $326.1M | +49.9% |
| 2021 | $217.6M | +2.6% |
| 2020 | $212.1M | -27.4% |
| 2019 | $292.1M | -22.7% |
| 2018 | $378.0M | +11.3% |
| 2017 | $339.7M | +13.4% |
| 2016 | $299.5M | -19.6% |
| 2015 | $372.4M | -16.0% |
| 2014 | $443.6M | +16.3% |
| 2013 | $381.3M | +10.1% |
| 2012 | $346.3M | +12.0% |
| 2011 | $309.1M | +10.3% |
| 2010 | $280.2M | +26.8% |
| 2009 | $221.0M | -20.5% |
| 2008 | $278.1M | +19.7% |
| 2007 | $232.3M | +12.8% |
| 2006 | $205.9M | +47.6% |
| 2005 | $139.5M | +41.9% |
| 2004 | $98.3M |
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 |