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Nigeria - Military Spending 1992

Name: Nigeria Military Spending 1992
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Military expenditure as % of GDP · World Bank

0.56% −0.21% from 1991 Global rank: 8th

Nigeria's military spending was 0.56% in 1992, decreased +0.21% from 0.77% in 1991. This was the 8th highest globally.

Global Ranking - 1992▾

Military Spending by Country - 1992
Rank	Country	Value	YoY
1st	Tajikistan	0.00%	-
2nd	Haiti	0.11%	8.0%
3rd	Mauritius	0.35%	-3.5%
4th	Ghana	0.38%	2.3%
5th	Gambia, The	0.41%	-18.8%
6th	Mexico	0.47%	7.8%
7th	Dominican Republic	0.56%	60.6%
8th	Nigeria	0.56%	-27.1%
9th	Malawi	0.57%	30.4%
10th	Madagascar	0.77%	-40.6%
11th	Belize	0.79%	-3.7%
12th	Luxembourg	0.83%	1.9%
13th	Nepal	0.86%	-1.3%
14th	Papua New Guinea	0.89%	-3.7%
15th	Japan	0.95%	0.8%
16th	Guyana	0.97%	66.4%
17th	Malta	0.97%	11.7%
18th	Cabo Verde	0.99%	-48.1%
19th	Côte d'Ivoire	1.02%	2.3%
20th	Panama	1.08%	-11.8%
21st	Austria	1.10%	-4.8%
22nd	Jamaica	1.11%	46.1%
23rd	Ireland	1.20%	-4.0%
24th	Ecuador	1.21%	-4.6%
25th	Indonesia	1.36%	2.5%
26th	Bangladesh	1.36%	12.0%
27th	Chad	1.37%	-0.4%
28th	Argentina	1.42%	-5.7%
29th	Senegal	1.44%	-6.7%
30th	Guatemala	1.47%	16.1%
31st	Brazil	1.52%	-22.5%
32nd	Switzerland	1.52%	-0.9%
33rd	Cameroon	1.53%	1.2%
34th	Belarus	1.62%	-
35th	Eswatini	1.63%	17.9%
36th	Central African Republic	1.64%	4.7%
37th	Kyrgyz Republic	1.64%	-
38th	Uganda	1.66%	-33.8%
39th	Sierra Leone	1.69%	31.9%
40th	Guinea	1.69%	-28.8%
41st	Tunisia	1.71%	-7.0%
42nd	Italy	1.75%	-5.7%
43rd	Iran, Islamic Republic of	1.79%	-17.5%
44th	Portugal	1.81%	-1.4%
45th	Belgium	1.83%	-19.9%
46th	Germany	1.84%	-7.0%
47th	Fiji	1.84%	-15.1%
48th	Denmark	1.86%	-3.4%
49th	Canada	1.86%	-1.8%
50th	Kenya	1.90%	-19.3%
51st	Finland	1.91%	7.1%
52nd	Mongolia	1.91%	-40.9%
53rd	Philippines	2.04%	1.3%
54th	Spain	2.04%	-4.1%
55th	Burkina Faso	2.05%	-5.4%
56th	European Union	2.08%	-4.5%
57th	New Zealand	2.10%	-8.0%
58th	Tanzania	2.11%	-3.5%
59th	Colombia	2.11%	13.7%
60th	Mozambique	2.13%	14.3%
61st	Algeria	2.14%	76.7%
62nd	Australia	2.17%	0.2%
63rd	Hungary	2.18%	0.8%
64th	Armenia	2.20%	-
65th	Netherlands	2.21%	-1.6%
66th	Poland	2.23%	-0.9%
67th	Slovenia	2.25%	-
68th	El Salvador	2.25%	-17.5%
69th	Sweden	2.34%	0.8%
70th	Paraguay	2.37%	-16.3%
71st	Azerbaijan	2.40%	-
72nd	China	2.45%	6.0%
73rd	Bolivia, Plurinational State of	2.51%	-6.8%
74th	Peru	2.51%	24.1%
75th	Chile	2.63%	-7.8%
76th	Nicaragua	2.63%	-34.2%
77th	Thailand	2.66%	0.5%
78th	Mauritania	2.69%	-25.3%
79th	India	2.70%	-7.0%
80th	Zambia	2.71%	15.7%
81st	Lesotho	2.71%	-6.3%
82nd	France	2.73%	-4.3%
83rd	South Africa	2.82%	-12.6%
84th	Uruguay	2.85%	19.0%
85th	Norway	2.91%	7.8%
86th	Togo	2.93%	2.5%
87th	Bulgaria	2.97%	-2.3%
88th	Malaysia	2.99%	-6.7%
89th	Cambodia	3.15%	35.1%
90th	Egypt, Arab Republic of	3.22%	-11.0%
91st	Myanmar	3.35%	5.8%
92nd	Sri Lanka	3.37%	9.3%
93rd	Viet Nam	3.37%	-39.7%
94th	Burundi	3.60%	-5.0%
95th	Greece	3.63%	4.2%
96th	Korea	3.69%	-0.6%
97th	Zimbabwe	3.80%	-4.4%
98th	Congo, Republic of	3.83%	-12.5%
99th	United Kingdom	3.86%	-6.1%
100th	Türkiye	3.87%	3.1%
101st	Romania	4.25%	-11.0%
102nd	Namibia	4.25%	-24.3%
103rd	Rwanda	4.29%	-22.1%
104th	Morocco	4.30%	3.7%
105th	Sudan	4.39%	-12.1%
106th	Russian Federation	4.43%	-
107th	Singapore	4.47%	0.5%
108th	Botswana	4.48%	-2.6%
109th	Albania	4.67%	-19.3%
110th	Seychelles	4.73%	6.9%
111th	United States	4.97%	1.8%
112th	Angola	5.68%	-20.0%
113th	Bahrain	5.88%	3.1%
114th	Brunei Darussalam	6.25%	-2.5%
115th	Pakistan	6.70%	1.9%
116th	Djibouti	6.76%	1.6%
117th	Jordan	6.92%	-30.6%
118th	Yemen, Republic of	7.28%	3.8%
119th	Croatia	7.61%	-
120th	Lebanon	7.98%	54.9%
121st	Lao PDR	8.68%	-
122nd	Syrian Arab Republic	8.99%	-13.8%
123rd	Cyprus	9.13%	25.7%
124th	Liberia	10.13%	41.1%
125th	Israel	10.93%	-29.9%
126th	Saudi Arabia	11.28%	-9.5%
127th	Oman	12.18%	10.1%
128th	Kuwait	31.79%	-72.9%

FAQ

What was Nigeria's military spending in 1992?▾

Nigeria's military spending in 1992 was 0.56%. This ranked 8th globally.

How did Nigeria's military spending change in 1992?▾

Nigeria's military spending decreased by 27.1% in 1992 compared to 1991.

Which country had the highest military spending in 1992?▾

Kuwait had the highest military spending in 1992 at 31.79%.

What is the military spending of Nigeria in 1992?▾

The military spending of Nigeria in 1992 was 0.56%. This ranked 8th globally.

How does 1992 compare to 1991 for Nigeria's military spending?▾

Nigeria's military spending went from 0.77% in 1991 to 0.56% in 1992, a 27.1% decrease.

HistorySaid - pattern alert

Nigeria matched the Currency Crisis Pattern pattern in 1992. Historically: 128 occurrences, 35 successful (27%). Outcome 24 months later: 57.0%. View full analysis →

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