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Nigeria Military Expenditure

Military Expenditure Data in Nigeria

Indicator Data Period
Military Expenditure 2403 USD Million | 2.403 B USD 2020


Latest data on Military Expenditure (USD Million)

Military Expenditure
                     Nigeria - Historical Data (USD Million)

How much does Nigeria spend on military?

  • Military Expenditure in Nigeria increased to 2403 USD Million (2.403 B USD) in 2020. The maximum level was 7325 USD Million and minimum was 189 USD Million.
  • Data published Yearly by Stockholm International Peace Research Institute.

Historical Data (USD Million) by years

Data
Period
Date
2403 2020 26.05.2021
1876 2019 08.03.2021
1907 2018 04.07.2019


Historical Chart by presidents (USD Million)

Military Expenditure in Nigeria by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other budget indicators in Nigeria

Index Updated Actual Previous
Government Debt to GDP 2021 37 % 34.5
Fiscal Expenditure  1Q/22 6.386 B USD 6.592
Government Budget to GDP 2021 -4.7 % -4

Military Expenditure in other countries

Country Updated Actual Previous
Kenya 2021 1.113 B USD 1.115
Madagascar 2021 0.099 B USD 0.087
Zimbabwe 2019 0.547 B USD 1.101
Tanzania 2020 0.639 B USD 0.619
Togo 2020 0.113 B USD 0.171
Tunisia 2021 1.25 B USD 1.157
Nigeria 2020 2.403 B USD 1.86
Sudan 2020 0.457 B USD 0.722
Morocco 2021 5.378 B USD 4.831
Senegal 2020 0.378 B USD 0.357
Seychelles 2020 0.024 B USD 0.024
South Africa 2021 3.266 B USD 3.231
Uganda 2020 0.948 B USD 0.648
Rwanda 2020 0.142 B USD 0.124
Liberia 2021 0.014 B USD 0.012
Zambia 2020 0.262 B USD 0.292
Mozambique 2021 0.248 B USD 0.288
Namibia 2020 0.417 B USD 0.414
Ghana 2021 0.298 B USD 0.24
Swaziland 2020 0.082 B USD 0.086
South Sudan 2019 0.186 B USD 0.245
Algeria 2021 9.112 B USD 9.708
Angola 2021 0.982 B USD 0.994
Benin 2021 0.097 B USD 0.072
Botswana 2021 0.518 B USD 0.499
Burkina Faso 2021 0.458 B USD 0.382
Burundi 2021 0.068 B USD 0.068
Central African Republic 2021 0.043 B USD 0.044
Chad 2021 0.331 B USD 0.323
Republic of the Congo 2021 0.313 B USD 0.298
Ethiopia 2021 0.488 B USD 0.504
Gabon 2021 0.312 B USD 0.264
Gambia 2021 0.015 B USD 0.015
Guatemala 2020 0.337 B USD 0.332
Guinea 2021 0.245 B USD 0.207
Lesotho 2021 0.037 B USD 0.039
Malawi 2021 0.083 B USD 0.089
Mali 2021 0.558 B USD 0.594
Mauritania 2021 0.231 B USD 0.198
Niger 2020 0.225 B USD 0.248
Sierra Leone 2020 0.02 B USD 0.026