Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Nepal's military expenditure stands at 0.9795% as of 2024-12-31, down from 1.07% in 2023. Historical data runs from 1970 to 2024 (55 observations).
In 2024, Nepal's military expenditure was 0.9795%, down from 1.07% in 2023.
In 2023, Nepal's military expenditure was 1.07%, down from 1.16% in 2022.
In 2022, Nepal's military expenditure was 1.16%, down from 1.22% in 2021.
In 2021, Nepal's military expenditure was 1.22%, down from 1.32% in 2020.
In 2020, Nepal's military expenditure was 1.32%, up from 1.24% in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 0.9795% | -0.0921% |
| 2023 | 1.07% | -0.0859% |
| 2022 | 1.16% | -0.0584% |
| 2021 | 1.22% | -0.1076% |
| 2020 | 1.32% | +0.0876% |
| 2019 | 1.24% | -0.1142% |
| 2018 | 1.35% | -0.135% |
| 2017 | 1.48% | +0.0156% |
| 2016 | 1.47% | +0.1012% |
| 2015 | 1.37% | -0.0656% |
| 2014 | 1.43% | +0.093% |
| 2013 | 1.34% | +0.097% |
| 2012 | 1.24% | -0.107% |
| 2011 | 1.35% | -0.0171% |
| 2010 | 1.37% | -0.0715% |
| 2009 | 1.44% | +0.0398% |
| 2008 | 1.4% | +0.046% |
| 2007 | 1.35% | -0.1765% |
| 2006 | 1.53% | -0.1575% |
| 2005 | 1.69% | +0.1189% |
| 2004 | 1.57% | +0.1759% |
| 2003 | 1.39% | +0.1265% |
| 2002 | 1.27% | +0.3056% |
| 2001 | 0.9608% | +0.1768% |
| 2000 | 0.784% | +0.012% |
| 1999 | 0.7719% | +0.0166% |
| 1998 | 0.7554% | +0.0378% |
| 1997 | 0.7176% | -0.0163% |
| 1996 | 0.7339% | -0.0332% |
| 1995 | 0.7672% | -0.0257% |
| 1994 | 0.7929% | -0.0422% |
| 1993 | 0.8351% | -0.0221% |
| 1992 | 0.8572% | -0.0116% |
| 1991 | 0.8688% | -0.0089% |
| 1990 | 0.8777% | -0.0239% |
| 1989 | 0.9016% | +0.0185% |
| 1988 | 0.8831% | -0.2761% |
| 1987 | 1.16% | -0.0237% |
| 1986 | 1.18% | -0.013% |
| 1985 | 1.2% | -0.0248% |
| 1984 | 1.22% | -0.0323% |
| 1983 | 1.25% | +0.1635% |
| 1982 | 1.09% | +0.0974% |
| 1981 | 0.9921% | -0.04% |
| 1980 | 1.03% | +0.1209% |
| 1979 | 0.9112% | +0.0527% |
| 1978 | 0.8585% | -0.0337% |
| 1977 | 0.8921% | +0.0359% |
| 1976 | 0.8563% | +0.1741% |
| 1975 | 0.6822% | +0.0749% |
| 1974 | 0.6072% | -0.0504% |
| 1973 | 0.6577% | +0.0101% |
| 1972 | 0.6476% | +0.0296% |
| 1971 | 0.6179% | +0.0249% |
| 1970 | 0.593% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Nepal's military expenditure is 0.9795% as of 2024-12-31, compared with 1.07% in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 1.69% (2005); the lowest is 0.593% (1970), across data from 1970 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.