Home Cyprus Military Spending 2024

Cyprus - Military Spending 2024

Military expenditure as % of GDP · World Bank
1.65% −0.00% from 2023 Global rank: 75th

Cyprus's military spending was 1.65% in 2024, decreased +0.00% from 1.65% in 2023. This was the 75th highest globally.

Global Ranking - 2024
Military Spending by Country - 2024
RankCountryValueYoY
1st Haiti 0.07% 26.6%
2nd Mauritius 0.15% 6.5%
3rd Ireland 0.24% 3.8%
4th Papua New Guinea 0.31% -8.6%
5th Zimbabwe 0.35% 67.4%
6th Guatemala 0.37% -12.3%
7th Ghana 0.38% -3.5%
8th Kazakhstan 0.43% -2.8%
9th Malta 0.45% -10.6%
10th Sierra Leone 0.46% -23.3%
11th Nicaragua 0.55% -1.7%
12th Nigeria 0.56% -34.1%
13th Gambia, The 0.57% -1.1%
14th Moldova 0.60% 4.8%
15th Argentina 0.62% -18.2%
16th Cabo Verde 0.62% 10.1%
17th Egypt, Arab Republic of 0.67% -17.8%
18th South Africa 0.70% -7.2%
19th Madagascar 0.71% 9.4%
20th Liberia 0.71% -50.1%
21st Switzerland 0.72% 1.7%
22nd Benin 0.72% -4.9%
23rd Mongolia 0.74% 36.8%
24th Bosnia and Herzegovina 0.75% 4.1%
25th Côte d'Ivoire 0.76% -11.9%
26th Indonesia 0.78% -5.1%
27th Dominican Republic 0.78% 0.4%
28th Guyana 0.87% 35.6%
29th Mexico 0.89% 35.3%
30th Belize 0.90% -9.5%
31st Peru 0.91% -26.4%
32nd Trinidad and Tobago 0.92% -4.0%
33rd Paraguay 0.93% 1.2%
34th Bangladesh 0.94% 2.4%
35th Luxembourg 0.96% 24.5%
36th Brazil 0.97% -3.0%
37th Nepal 0.98% -8.6%
38th Equatorial Guinea 0.98% -35.3%
39th Malaysia 0.99% 0.6%
40th Kenya 1.00% 2.5%
41st Austria 1.00% 14.8%
42nd Angola 1.00% -28.9%
43rd Cameroon 1.01% 8.9%
44th Malawi 1.02% -12.0%
45th Thailand 1.08% -4.6%
46th Tanzania 1.15% -4.6%
47th Seychelles 1.18% -20.7%
48th Congo, Republic of 1.19% -40.0%
49th El Salvador 1.19% -11.3%
50th New Zealand 1.19% -2.2%
51st Congo, Democratic Republic of 1.23% 9.8%
52nd Rwanda 1.25% -0.4%
53rd Jamaica 1.27% 7.4%
54th Belgium 1.28% 7.8%
55th Slovenia 1.31% -0.9%
56th Fiji 1.31% -1.5%
57th Canada 1.31% 4.8%
58th Philippines 1.32% 12.6%
59th Zambia 1.33% -0.5%
60th Bolivia, Plurinational State of 1.37% 5.1%
61st Japan 1.37% 20.3%
62nd Sri Lanka 1.43% -13.1%
63rd Spain 1.43% -2.7%
64th Eswatini 1.44% 4.4%
65th Kosovo 1.48% 15.9%
66th Cambodia 1.52% -1.6%
67th Portugal 1.53% 4.5%
68th Gabon 1.54% 16.2%
69th Senegal 1.57% 6.1%
70th Lesotho 1.57% -3.6%
71st Honduras 1.58% 3.4%
72nd Chile 1.58% -3.2%
73rd Somalia, Fed. Rep. 1.59% 23.4%
74th Italy 1.61% 0.2%
75th Cyprus 1.65% -0.2%
76th China 1.71% 2.8%
77th Croatia 1.79% 5.1%
78th Montenegro 1.83% 20.7%
79th Tajikistan 1.85% -22.9%
80th Georgia 1.86% 12.4%
81st Uganda 1.88% 4.1%
82nd Australia 1.88% 1.2%
83rd Germany 1.89% 27.1%
84th European Union 1.90% 15.6%
85th Netherlands 1.92% 33.0%
86th Czechia 1.92% 30.2%
87th Türkiye 1.92% 11.8%
88th South Sudan 1.96% -6.4%
89th Mozambique 1.99% 3.4%
90th Sweden 2.00% 33.1%
91st Togo 2.00% -34.4%
92nd Iran, Islamic Republic of 2.01% -14.5%
93rd Slovak Republic 2.01% 9.4%
94th Albania 2.04% 17.1%
95th France 2.05% 5.2%
96th Guinea 2.05% -3.7%
97th Belarus 2.07% 2.5%
98th Norway 2.09% 15.3%
99th North Macedonia 2.10% 24.2%
100th Bulgaria 2.15% 10.5%
101st Mauritania 2.16% -4.7%
102nd Hungary 2.16% 5.2%
103rd Ecuador 2.22% -1.9%
104th Niger 2.24% 13.4%
105th India 2.27% -3.6%
106th United Kingdom 2.28% 2.2%
107th Romania 2.30% 43.3%
108th Finland 2.30% 14.6%
109th Uruguay 2.31% 9.2%
110th Iraq 2.36% 4.2%
111th Denmark 2.42% 20.8%
112th Tunisia 2.51% 0.8%
113th Central African Republic 2.52% 6.0%
114th Korea 2.56% -1.4%
115th Lebanon 2.59% 59.4%
116th Serbia 2.60% 17.5%
117th Timor-Leste 2.66% 0.6%
118th Pakistan 2.67% -7.4%
119th Namibia 2.73% -0.4%
120th Botswana 2.83% 15.4%
121st Singapore 2.84% 0.4%
122nd Bahrain 2.89% -17.8%
123rd Kyrgyz Republic 2.97% -14.1%
124th Chad 2.98% 41.0%
125th Lithuania 3.12% 14.9%
126th Greece 3.13% 8.5%
127th Latvia 3.26% 9.7%
128th Colombia 3.36% 13.3%
129th Estonia 3.37% 12.6%
130th United States 3.42% 3.5%
131st Morocco 3.52% -2.1%
132nd Brunei Darussalam 3.58% 20.2%
133rd Burundi 3.80% 10.8%
134th Poland 4.15% 27.1%
135th Mali 4.20% 11.2%
136th Burkina Faso 4.68% 14.7%
137th Jordan 4.80% -0.3%
138th Kuwait 4.84% 1.5%
139th Azerbaijan 4.99% 1.4%
140th Armenia 5.48% -0.4%
141st Oman 5.59% 1.2%
142nd Myanmar 6.79% 81.0%
143rd Russian Federation 7.05% 30.5%
144th Saudi Arabia 7.30% 0.2%
145th Algeria 7.97% 7.9%
146th Israel 8.78% 63.0%
147th Ukraine 34.48% -5.6%

FAQ

What was Cyprus's military spending in 2024?

Cyprus's military spending in 2024 was 1.65%. This ranked 75th globally.

How did Cyprus's military spending change in 2024?

Cyprus's military spending decreased by 0.2% in 2024 compared to 2023.

Which country had the highest military spending in 2024?

Ukraine had the highest military spending in 2024 at 34.48%.

What is the military spending of Cyprus in 2024?

The military spending of Cyprus in 2024 was 1.65%. This ranked 75th globally.

How does 2024 compare to 2023 for Cyprus's military spending?

Cyprus's military spending went from 1.65% in 2023 to 1.65% in 2024, a 0.2% decrease.