Sri Lanka - Military Spending 2024
1.43%
−0.21% from 2023
Sri Lanka's military spending was 1.43% in 2024, decreased +0.21% from 1.64% in 2023. This was the 62nd highest globally.
Global Ranking - 2024▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 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 Sri Lanka's military spending in 2024?▾
Sri Lanka's military spending in 2024 was 1.43%. This ranked 62nd globally.
How did Sri Lanka's military spending change in 2024?▾
Sri Lanka's military spending decreased by 13.1% 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 Sri Lanka in 2024?▾
The military spending of Sri Lanka in 2024 was 1.43%. This ranked 62nd globally.
How does 2024 compare to 2023 for Sri Lanka's military spending?▾
Sri Lanka's military spending went from 1.64% in 2023 to 1.43% in 2024, a 13.1% decrease.
HistorySaid - pattern alert
Sri Lanka matched the Export Boom Cycle pattern in 2024. Historically: 768 occurrences, 546 successful (71%). View full analysis →
Related
2023
2025
All years
Full ranking 2024
Tax Revenue
Government Spending
Health Spending
Government Debt to GDP
Budget Deficit
Peak: 1995
Lowest: 1982
Military Spending 1990s
Military Spending 2000s
Military Spending 2010s
Military Spending 2020s
Highest ever
Lowest ever
Average
vs Bolivia, Plurinational State of
vs Eswatini
vs Djibouti
vs Philippines
Global Ranking