🇳🇬 Nigeria Military expenditure
Nigeria Military expenditure was $1.13B in 2024, down 63.5% from 2023, according to World Bank data. The 10-year average is $2.37B. Historical data available from 1960 to 2024 (65 data points). The all-time high was $4.47B in 2021.
Source: World Bank World Development Indicators • 1960–2024 • 65 data points • Public Sector
Latest Value
$1.13B
2024
Year-on-Year
-63.5%
vs 2023
10-Year Average
$2.37B
2015–2024
Range
High: $4.47B (2021)
Low: $23.38M (1960)
Nigeria Military expenditure (current USD) — 1960 to 2024
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About this Indicator
Military spending USD, in current prices (converted at the exchange rate for the given year)
Historical Data Table
| Year | Value |
|---|---|
| 2024 | $1.13B |
| 2023 | $3.10B |
| 2022 | $3.11B |
| 2021 | $4.47B |
| 2020 | $2.57B |
| 2019 | $1.86B |
| 2018 | $2.04B |
| 2017 | $1.62B |
| 2016 | $1.72B |
| 2015 | $2.07B |
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<iframe src="https://nationstat.com/country/nigeria/military-expenditure-current-usd" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
🇦🇫Afghanistan
$278.25M2021
🇦🇴Angola
$922.05M2024
🇦🇱Albania
$535.47M2024
🇦🇪United Arab Emirates
$22.76B2014
🇦🇷Argentina
$4.18B2024
🇦🇲Armenia
$1.42B2024
🇦🇺Australia
$33.82B2024
🇦🇹Austria
$5.26B2024
🇦🇿Azerbaijan
$3.78B2024
🇧🇮Burundi
$171.83M2024
🇧🇪Belgium
$8.56B2024
🇧🇯Benin
$154.11M2024
🇧🇫Burkina Faso
$1.02B2024
🇧🇩Bangladesh
$4.03B2024
🇧🇬Bulgaria
$2.33B2024
🇧🇭Bahrain
$1.38B2024
🇧🇦Bosnia and Herzegovina
$215.97M2024
🇧🇾Belarus
$1.49B2024
🇧🇿Belize
$30.14M2024
🇧🇴Bolivia
$655.13M2024
🇧🇷Brazil
$20.95B2024
🇧🇳Brunei Darussalam
$558.61M2024
🇧🇼Botswana
$567.82M2024
🇨🇫Central African Republic
$71.17M2024
🇨🇦Canada
$29.35B2024
🇨🇭Switzerland
$6.72B2024
🇨🇱Chile
$5.11B2024
🇨🇳China
$313.66B2024
🇨🇮Cote d'Ivoire
$658.35M2024
🇨🇲Cameroon
$534.85M2024
🇨🇩Congo, Dem. Rep.
$899.19M2024
🇨🇬Congo, Rep.
$182.04M2024
🇨🇴Colombia
$15.10B2024
🇨🇻Cabo Verde
$16.83M2024
🇨🇷Costa Rica
0.002024
🇨🇺Cuba
$128.61M2018
🇨🇾Cyprus
$598.19M2024
🇨🇿Czechia
$6.52B2024
🇩🇪Germany
$88.46B2024
🇩🇯Djibouti
$36.27M2008
🇩🇰Denmark
$9.96B2024
🇩🇴Dominican Republic
$980.99M2024
🇩🇿Algeria
$21.81B2024
🇪🇨Ecuador
$2.70B2024
🇪🇬Egypt, Arab Rep.
$2.40B2024
🇪🇷Eritrea
$181.58M2003
🇪🇸Spain
$24.62B2024
🇪🇪Estonia
$1.44B2024
🇪🇹Ethiopia
$921.67M2024
🇫🇮Finland
$6.99B2024
🇫🇯Fiji
$77.64M2024
🇫🇷France
$64.68B2024
🇬🇦Gabon
$319.10M2024
🇬🇧United Kingdom
$81.76B2024
🇬🇪Georgia
$615.86M2024
🇬🇭Ghana
$268.74M2024
🇬🇳Guinea
$562.46M2024
🇬🇲Gambia, The
$14.43M2024
🇬🇼Guinea-Bissau
$25.29M2023
🇬🇶Equatorial Guinea
$113.14M2024
🇬🇷Greece
$8.02B2024
🇬🇹Guatemala
$415.19M2024
🇬🇾Guyana
$201.84M2024
🇭🇳Honduras
$581.27M2024
🇭🇷Croatia
$1.63B2024
🇭🇹Haiti
$19.75M2024
🇭🇺Hungary
$4.73B2024
🇮🇩Indonesia
$11.04B2024
🇮🇳India
$86.13B2024
🇮🇪Ireland
$1.33B2024
🇮🇷Iran, Islamic Rep.
$7.89B2024
🇮🇶Iraq
$6.18B2024
🇮🇸Iceland
0.002024
🇮🇱Israel
$46.51B2024
🇮🇹Italy
$37.96B2024
🇯🇲Jamaica
$262.51M2024
🇯🇴Jordan
$2.56B2024
🇯🇵Japan
$55.27B2024
🇰🇿Kazakhstan
$1.21B2024
🇰🇪Kenya
$1.23B2024
🇰🇬Kyrgyz Republic
$473.05M2024
🇰🇭Cambodia
$720.54M2024
🇰🇷Korea, Rep.
$47.57B2024
🇰🇼Kuwait
$7.79B2024
🇱🇦Lao PDR
$22.68M2013
🇱🇧Lebanon
$635.47M2024
🇱🇷Liberia
$33.83M2024
🇱🇾Libya
$1.57B2023
🇱🇰Sri Lanka
$1.33B2024
🇱🇸Lesotho
$36.30M2024
🇱🇹Lithuania
$2.63B2024
🇱🇺Luxembourg
$871.64M2024
🇱🇻Latvia
$1.43B2024
🇲🇦Morocco
$5.52B2024
🇲🇩Moldova
$110.73M2024
🇲🇬Madagascar
$121.63M2024
🇲🇽Mexico
$16.73B2024
🇲🇰North Macedonia
$353.68M2024
🇲🇱Mali
$929.28M2024
🇲🇹Malta
$109.25M2024
🇲🇲Myanmar
$5.01B2024
🇲🇪Montenegro
$150.03M2024
🇲🇳Mongolia
$180.84M2024
🇲🇿Mozambique
$450.45M2024
🇲🇷Mauritania
$260.06M2024
🇲🇺Mauritius
$23.01M2024
🇲🇼Malawi
$117.59M2024
🇲🇾Malaysia
$4.31B2024
🇳🇦Namibia
$362.39M2024
🇳🇪Niger
$435.88M2024
🇳🇬Nigeria
$1.13B2024
🇳🇮Nicaragua
$105.26M2024
🇳🇱Netherlands
$23.18B2024
🇳🇴Norway
$10.44B2024
🇳🇵Nepal
$426.52M2024
🇳🇿New Zealand
$3.00B2024
🇴🇲Oman
$5.99B2024
🇵🇰Pakistan
$10.17B2024
🇵🇦Panama
0.002024
🇵🇪Peru
$2.57B2024
🇵🇭Philippines
$6.12B2024
🇵🇬Papua New Guinea
$91.01M2024
🇵🇱Poland
$38.00B2024
🇰🇵Korea, Dem. People's Rep.
$1.60B2018
🇵🇹Portugal
$4.64B2024
🇵🇾Paraguay
$413.97M2024
🇶🇦Qatar
$15.41B2022
🇷🇴Romania
$8.72B2024
🇷🇺Russian Federation
$148.97B2024
🇷🇼Rwanda
$175.92M2024
🇸🇦Saudi Arabia
$80.33B2024
🇸🇩Sudan
$375.21M2021
🇸🇳Senegal
$514.94M2024
🇸🇬Singapore
$15.06B2024
🇸🇱Sierra Leone
$36.45M2024
🇸🇻El Salvador
$425.20M2024
🇸🇴Somalia, Fed. Rep.
$201.85M2024
🇷🇸Serbia
$2.32B2024
🇸🇸South Sudan
$2.03B2024
🇸🇰Slovak Republic
$2.85B2024
🇸🇮Slovenia
$951.90M2024
🇸🇪Sweden
$12.04B2024
🇸🇿Eswatini
$79.66M2024
🇸🇨Seychelles
$26.86M2024
🇸🇾Syrian Arab Republic
$2.49B2011
🇹🇩Chad
$557.71M2024
🇹🇬Togo
$195.35M2024
🇹🇭Thailand
$5.52B2024
🇹🇯Tajikistan
$246.39M2024
🇹🇲Turkmenistan
$111.92M1999
🇹🇱Timor-Leste
$46.40M2024
🇹🇹Trinidad and Tobago
$234.54M2024
🇹🇳Tunisia
$1.31B2024
🇹🇷Turkiye
$24.98B2024
🇹🇿Tanzania
$920.85M2024
🇺🇬Uganda
$1.12B2024
🇺🇦Ukraine
$64.70B2024
🇺🇾Uruguay
$1.74B2024
🇺🇸United States
$997.31B2024
🇺🇿Uzbekistan
$1.44B2018
🇻🇪Venezuela, RB
0.002024
🇻🇳Viet Nam
$5.50B2018
🌐Kosovo
$165.55M2024
🇾🇪Yemen, Rep.
$1.71B2014
🇿🇦South Africa
$2.84B2024
🇿🇲Zambia
$349.67M2024
🇿🇼Zimbabwe
$98.39M2024