Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Sri Lanka's military expenditure stands at 1.43% as of 2024-12-31, down from 1.64% in 2023. Historical data runs from 1960 to 2024 (64 observations).
In 2024, Sri Lanka's military expenditure was 1.43%, down from 1.64% in 2023.
In 2023, Sri Lanka's military expenditure was 1.64%, up from 1.34% in 2022.
In 2022, Sri Lanka's military expenditure was 1.34%, down from 1.71% in 2021.
In 2021, Sri Lanka's military expenditure was 1.71%, down from 1.74% in 2020.
In 2020, Sri Lanka's military expenditure was 1.74%, down from 1.75% in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 1.43% | -0.2146% |
| 2023 | 1.64% | +0.2967% |
| 2022 | 1.34% | -0.3693% |
| 2021 | 1.71% | -0.0272% |
| 2020 | 1.74% | -0.0123% |
| 2019 | 1.75% | +0.0175% |
| 2018 | 1.73% | -0.2422% |
| 2017 | 1.98% | -0.0024% |
| 2016 | 1.98% | -0.4377% |
| 2015 | 2.42% | +0.0044% |
| 2014 | 2.41% | +0.2586% |
| 2013 | 2.15% | -0.0012% |
| 2012 | 2.16% | -0.5301% |
| 2011 | 2.69% | -0.0154% |
| 2010 | 2.7% | -0.4612% |
| 2009 | 3.16% | -0.0817% |
| 2008 | 3.24% | -0.017% |
| 2007 | 3.26% | +0.4618% |
| 2006 | 2.8% | +0.1592% |
| 2005 | 2.64% | -0.3578% |
| 2004 | 3% | +0.1284% |
| 2003 | 2.87% | -0.4737% |
| 2002 | 3.34% | -0.9444% |
| 2001 | 4.29% | -0.7469% |
| 2000 | 5.03% | +1% |
| 1999 | 4.03% | -0.6133% |
| 1998 | 4.64% | +0.0129% |
| 1997 | 4.63% | -0.8892% |
| 1996 | 5.52% | -0.3413% |
| 1995 | 5.86% | +2.13% |
| 1994 | 3.73% | +0.2976% |
| 1993 | 3.43% | +0.0641% |
| 1992 | 3.37% | +0.2856% |
| 1991 | 3.08% | +0.7536% |
| 1990 | 2.33% | +0.5299% |
| 1989 | 1.8% | -0.5726% |
| 1988 | 2.37% | -1.02% |
| 1987 | 3.39% | +0.6965% |
| 1986 | 2.7% | -0.4641% |
| 1985 | 3.16% | +2.24% |
| 1984 | 0.9224% | +0.0333% |
| 1983 | 0.8891% | +0.3444% |
| 1982 | 0.5447% | -0.0821% |
| 1981 | 0.6268% | -0.139% |
| 1980 | 0.7658% | -0.0687% |
| 1979 | 0.8345% | +0.0315% |
| 1978 | 0.803% | +0.1186% |
| 1977 | 0.6844% | +0.0251% |
| 1976 | 0.6592% | -0.1444% |
| 1975 | 0.8036% | +0.0085% |
| 1974 | 0.7951% | -0.0797% |
| 1973 | 0.8748% | -0.4878% |
| 1971 | 1.36% | +0.446% |
| 1970 | 0.9166% | +0.1092% |
| 1969 | 0.8074% | +0.0129% |
| 1968 | 0.7945% | -0.0506% |
| 1967 | 0.8451% | -0.0278% |
| 1966 | 0.8729% | +0.0203% |
| 1965 | 0.8526% | +0.0009% |
| 1964 | 0.8517% | -0.0461% |
| 1963 | 0.8978% | -0.1851% |
| 1962 | 1.08% | -0.1004% |
| 1961 | 1.18% | +0.0002% |
| 1960 | 1.18% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Sri Lanka's military expenditure is 1.43% as of 2024-12-31, compared with 1.64% in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 5.86% (1995); the lowest is 0.5447% (1982), across data from 1960 to 2024.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.