Sri Lanka: Military expenditure (% of GDP)
In , Sri Lanka's Military expenditure (% of GDP) was 1.43.
That's down 13.1% from 2023, the highest value since .
The global average for this indicator in 2024 was 2.20 . Sri Lanka ranks #85 globally out of 147 reporting countries. Within South Asia, it ranks #2 of 4.
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2024
Trend (2005–2024)
Highlights
- Peak
- 3.26
- Trough
- 1.34
- 1-year change
- -13.1%
- 5-year change
- -18.7%
- -4.0% / yr
- 10-year change
- -40.9%
- -5.1% / yr
Historical Data — Last 10 Years
| Year | Military expenditure (% of GDP) |
|---|---|
| 1.4254 | |
| 1.6400 | |
| 1.3433 | |
| 1.7127 | |
| 1.7399 | |
| 1.7522 | |
| 1.7347 | |
| 1.9769 | |
| 1.9794 | |
| 2.4170 |
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 Sri Lanka's Military expenditure (% of GDP) in 2024?
- In 2024, Sri Lanka's Military expenditure (% of GDP) was 1.43, according to World Bank Open Data.
- Is Sri Lanka's Military expenditure (% of GDP) rising or falling?
- Sri Lanka's Military expenditure (% of GDP) fell 13.1% from 2023 to 2024.
- How does Sri Lanka rank globally on Military expenditure (% of GDP)?
- In 2024, Sri Lanka ranked #85 out of 147 countries reporting Military expenditure (% of GDP).
- How does Sri Lanka's Military expenditure (% of GDP) compare to the world average?
- The global average for Military expenditure (% of GDP) in 2024 was 2.20, so Sri Lanka is below the world average. Within South Asia, it ranks #2 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.