Nepal: Military expenditure (% of GDP)
In , Nepal's Military expenditure (% of GDP) was 0.98.
That's down 8.6% from 2023, the highest value since .
The global average for this indicator in 2024 was 2.20 . Nepal ranks #110 globally out of 147 reporting countries. Within South Asia, it ranks #3 of 4.
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2024
Trend (2005–2024)
Highlights
- Peak
- 1.69
- Trough
- 0.98
- 1-year change
- -8.6%
- 5-year change
- -20.7%
- -4.5% / yr
- 10-year change
- -31.7%
- -3.7% / yr
Historical Data — Last 10 Years
| Year | Military expenditure (% of GDP) |
|---|---|
| 0.9795 | |
| 1.0715 | |
| 1.1574 | |
| 1.2158 | |
| 1.3234 | |
| 1.2358 | |
| 1.3500 | |
| 1.4850 | |
| 1.4694 | |
| 1.3681 |
About Military expenditure (% of GDP)
Military expenditure by country as percentage of gross domestic product
Indicator code: MS.MIL.XPND.GD.ZS • Category: Public Sector
Frequently asked questions
- What was Nepal's Military expenditure (% of GDP) in 2024?
- In 2024, Nepal's Military expenditure (% of GDP) was 0.98, according to World Bank Open Data.
- Is Nepal's Military expenditure (% of GDP) rising or falling?
- Nepal's Military expenditure (% of GDP) fell 8.6% from 2023 to 2024.
- How does Nepal rank globally on Military expenditure (% of GDP)?
- In 2024, Nepal ranked #110 out of 147 countries reporting Military expenditure (% of GDP).
- How does Nepal's Military expenditure (% of GDP) compare to the world average?
- The global average for Military expenditure (% of GDP) in 2024 was 2.20, so Nepal is below the world average. Within South Asia, it ranks #3 of 4.
- What is Military expenditure (% of GDP) and how is it measured?
- Military expenditure by country as percentage of gross domestic product
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS), CC BY 4.0.