Home Eswatini Government Military Spending

Eswatini Military Spending

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

1.27% −0.18% (-12.2%)
Year 2025 Rank #94 Global Peak 2.46% (1979) Source World Bank

Eswatini Military Spending (1977–2025)

Overview

Eswatini's military spending stood at 1.27% in 2025, a decline of +0.18% from 2024. Based on recent trends, this figure is projected to reach 1.27% by 2025. Eswatini ranked 94th globally.

Data & projection

Year Military Spending YoY change Rank
2027* trend 1.04% - -
2026* trend 1.16% - -
2025* trend 1.27% - -
2025 1.27% −0.18% #94
2024 1.44% +0.06% #64
2023 1.38% −0.27% #61
2022 1.65% −0.02% #94
2021 1.68% −0.18% #93
2020 1.86% −0.04% #94
2019 1.89% −0.21% #104
2018 2.10% +0.17% #117
2017 1.92% −0.15% #106
2016 2.07% +0.32% #112
2015 1.75% −0.07% #96
2014 1.82% −0.13% #98
2013 1.95% +0.04% #106
2012 1.91% −0.30% #105
2011 2.22% −0.15% #105
Show all years (1977-2025)
* Linear trend extrapolation

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 +23.4% GDP growth 4.1% C/A balance 5.1%
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

Eswatini matched the Export Boom Cycle pattern in 2012. 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 Eswatini's military spending?

Eswatini's military spending was 1.27% in 2025. Ranked 94th globally. This represents a 12.2% decrease from the previous year.

What was the highest military spending in Eswatini?

Eswatini's military spending peaked at 2.46% in 1979.

What was the lowest military spending in Eswatini?

The lowest military spending in Eswatini was 1.25% in 1989.

How does Eswatini rank in military spending?

Eswatini ranks 94th globally in military spending as of 2025.

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 projected military spending of Eswatini in 2025?

Eswatini's military spending is projected to reach 1.27% by 2025 based on trend extrapolation.

What is the military spending of Eswatini in 2025?

The military spending of Eswatini in 2025 was 1.27%. This ranks 94th in the world.

Cite this page

APA
Eswatini Military Spending. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/eswatini/military-spending
BibTeX
@misc{historysaid_eswatini_military-spending, title = {Eswatini Military Spending}, url = {https://historysaid.com/eswatini/military-spending}, publisher = {HistorySaid}, year = {2026} }