Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Namibia's military expenditure stands at 2.73% as of 2024-12-31, down from 2.75% in 2023. Historical data runs from 1990 to 2024 (35 observations).
In 2024, Namibia's military expenditure was 2.73%, down from 2.75% in 2023.
In 2023, Namibia's military expenditure was 2.75%, down from 2.91% in 2022.
In 2022, Namibia's military expenditure was 2.91%, down from 3.23% in 2021.
In 2021, Namibia's military expenditure was 3.23%, down from 3.48% in 2020.
In 2020, Namibia's military expenditure was 3.48%, up from 3.3% in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 2.73% | -0.0118% |
| 2023 | 2.75% | -0.1642% |
| 2022 | 2.91% | -0.3155% |
| 2021 | 3.23% | -0.2537% |
| 2020 | 3.48% | +0.1827% |
| 2019 | 3.3% | -0.0353% |
| 2018 | 3.33% | -0.1897% |
| 2017 | 3.52% | -0.4487% |
| 2016 | 3.97% | -0.557% |
| 2015 | 4.53% | +0.2021% |
| 2014 | 4.33% | +1.12% |
| 2013 | 3.21% | +0.0399% |
| 2012 | 3.17% | -0.408% |
| 2011 | 3.57% | +0.0598% |
| 2010 | 3.51% | +0.1404% |
| 2009 | 3.37% | +0.2371% |
| 2008 | 3.14% | +0.5268% |
| 2007 | 2.61% | +0.1092% |
| 2006 | 2.5% | -0.144% |
| 2005 | 2.65% | +0.1176% |
| 2004 | 2.53% | -0.0973% |
| 2003 | 2.62% | +0.0071% |
| 2002 | 2.62% | -0.3909% |
| 2001 | 3.01% | +0.302% |
| 2000 | 2.71% | -0.4173% |
| 1999 | 3.12% | +0.8022% |
| 1998 | 2.32% | +0.0205% |
| 1997 | 2.3% | +0.3978% |
| 1996 | 1.9% | -0.0443% |
| 1995 | 1.95% | +0.1967% |
| 1994 | 1.75% | -0.7133% |
| 1993 | 2.46% | -1.79% |
| 1992 | 4.25% | -1.36% |
| 1991 | 5.62% | -0.8057% |
| 1990 | 6.42% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Namibia's military expenditure is 2.73% as of 2024-12-31, compared with 2.75% in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 6.42% (1990); the lowest is 1.75% (1994), across data from 1990 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.