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Eritrea Military Spending

Military expenditure as % of GDP  MS.MIL.XPND.GD.ZS

Eritrea's military spending was 20.87% in 2003, ranked 148th globally. This represents a 0.9% increase from 2002. Data from World Bank, covering 1993–2003.

20.87% +0.19% (+0.9%)
Year 2003 Rank #148 Global Peak 34.38% (1999) Source World Bank

Eritrea Military Spending (1993–2003)

Overview

Eritrea's military spending stood at 20.87% in 2003, a rise of +0.19% from 2002. Eritrea ranked 148th globally.

Eritrea’s military expenditure has remained relatively high for a small African state, averaging 20.87 percent of GDP in the most recent year of observation (2003) and ranking 148th worldwide. The series, which spans 11 years from 1993 to 2003, shows a modest decline from an early‑period level of 21.33 percent in 1993 to the 2003 figure, but it is punctuated by pronounced volatility: spending peaked at 34.38 percent of GDP in 1999 before falling to a trough of 11.86 percent in 1997. Compared with regional peers, Eritrea’s outlays are several times larger than those of Saudi Arabia (8.69 percent), Oman (7.96 percent), Yemen (6.85 percent) and Kuwait (6.54 percent) in the same period, underscoring a distinctive fiscal emphasis on defence. If the government sustains its current security posture, the share of GDP devoted to the military is likely to remain elevated, yet any shift toward broader economic diversification or external security guarantees could temper future spending growth.

Data & projection

Year Military Spending YoY change Rank
2003 20.87% +0.19% #148
2002 20.67% −1.46% #144
2001 22.14% −10.52% #141
2000 32.66% −1.72% #141
1999 34.38% +1.88% #139
1998 32.50% +20.64% #136
1997 11.86% −8.48% #141
1996 20.34% +0.81% #140
1995 19.54% +6.82% #138
1994 12.72% −8.61% #140
1993 21.33% – #141

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +17.6% GDP growth 3.8% C/A balance 13.0%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Eritrea matched the Export Boom Cycle pattern in 2019. Historically, 71% of countries showing this pattern (546 out of 768) saw military spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Eritrea's military spending?▾

Eritrea's military spending was 20.87% in 2003. Ranked 148th globally. This represents a 0.9% increase from the previous year.

What was the highest military spending in Eritrea?▾

Eritrea's military spending peaked at 34.38% in 1999.

What was the lowest military spending in Eritrea?▾

The lowest military spending in Eritrea was 11.86% in 1997.

How does Eritrea rank in military spending?▾

Eritrea ranks 148th globally in military spending as of 2003.

What is the World Bank indicator code for military spending?▾

The World Bank indicator code is MS.MIL.XPND.GD.ZS. Data sourced from World Bank.

What is the military spending of Eritrea in 2003?▾

The military spending of Eritrea in 2003 was 20.87%. This ranks 148th in the world.

Cite this page

APA
Eritrea Military Spending. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/eritrea/military-spending/
BibTeX
@misc{historysaid_eritrea_military-spending, title = {Eritrea Military Spending}, url = {https://historysaid.com/eritrea/military-spending/}, publisher = {HistorySaid}, year = {2026} }
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