Nigeria Military Spending Over Time (1960–2024)

Global Statistics and Country Indicators

Military Spending (USD)

Global rank: 75 / 151

Data table

1960	23.38M	1971	639.3M	1982	1.65B	1993	289.2M	2004	640M	2015	2.07B
1961	28.28M	1972	904.1M	1983	1.63B	1994	319.7M	2005	674.2M	2016	1.72B
1962	38.64M	1973	1.02B	1984	1.21B	1995	639.4M	2006	776.1M	2017	1.62B
1963	45.5M	1974	1.35B	1985	1.09B	1996	701.4M	2007	971.3M	2018	2.04B
1964	54.32M	1975	3.03B	1986	516.9M	1997	818.8M	2008	1.62B	2019	1.86B
1965	65.94M	1976	2.64B	1987	201.7M	1998	1.15B	2009	1.5B	2020	2.57B
1966	55.72M	1977	3.14B	1988	271.1M	1999	491.7M	2010	1.99B	2021	4.47B
1967	240M	1978	3.02B	1989	170.7M	2000	368.6M	2011	2.38B	2022	3.11B
1968	369M	1979	3.07B	1990	277.3M	2001	570.6M	2012	2.32B	2023	3.1B
1969	684.5M	1980	3.03B	1991	243.7M	2002	896.9M	2013	2.42B	2024	1.13B
1970	662.3M	1981	2.14B	1992	173.7M	2003	587.5M	2014	2.36B

Military Spending (% of GDP)

Global rank: 136 / 147

Data table

1960	0.7%	1971	4.4%	1982	2.3%	1993	0.9%	2004	0.5%	2015	0.4%
1961	0.8%	1972	5.4%	1983	2.2%	1994	0.8%	2005	0.4%	2016	0.4%
1962	1.1%	1973	5.5%	1984	1.6%	1995	0.5%	2006	0.3%	2017	0.4%
1963	1.1%	1974	4.3%	1985	1.4%	1996	0.4%	2007	0.4%	2018	0.5%
1964	1.2%	1975	8.1%	1986	1.3%	1997	0.4%	2008	0.5%	2019	0.5%
1965	1.4%	1976	5.8%	1987	0.8%	1998	0.5%	2009	0.5%	2020	0.6%
1966	1.1%	1977	6%	1988	0.9%	1999	0.9%	2010	0.5%	2021	1%
1967	5.8%	1978	5.3%	1989	0.6%	2000	0.5%	2011	0.6%	2022	0.7%
1968	9.2%	1979	4.3%	1990	0.8%	2001	0.8%	2012	0.5%	2023	0.8%
1969	10.3%	1980	3.3%	1991	0.8%	2002	1%	2013	0.5%	2024	0.6%
1970	5.3%	1981	2.8%	1992	0.6%	2003	0.6%	2014	0.4%