
Eritrea: Military spending
* indicates monthly or quarterly data series
Eritrea |
Military spending, in billion U.S. dollars |
---|---|
Latest value | 0.18 |
Year | 2003 |
Measure | billion U.S. dollars |
Data availability | 1993 - 2003 |
Average | 0.16 |
Min - Max | 0.08 - 0.27 |
Source | Stockholm International Peace Research Institute |
The latest value from 2003 is 0.18 billion U.S. dollars, an increase from 0.15 billion U.S. dollars in 2002. In comparison, the world average is 6.09 billion U.S. dollars, based on data from 155 countries. Historically, the average for Eritrea from 1993 to 2003 is 0.16 billion U.S. dollars. The minimum value, 0.08 billion U.S. dollars, was reached in 1994 while the maximum of 0.27 billion U.S. dollars was recorded in 1999.
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Definition: Military spending includes expenditure on peacekeeping, defense ministries, paramilitary forces, and military space activities. Also: military and civil personnel, including retirement pensions; operations and maintenance; procurement; military research and development; and military aid. Defense and current expenditure for past military activities, such as for veterans' benefits, demobilization, conversion, and weapon destruction, are not included.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Military spending | 0.18 | 2003 | billion U.S. dollars |
Military spending, percent of GDP | 20.87 | 2003 | percent |
Military spending, percent of government spending | 31.14 | 2003 | percent |
Armed forces | 202,000 | 2020 | people |
Armed forces, percent of labor force | 12.36 | 2020 | percent |
Arms exports | 0.00 | 2006 | million U.S. dollars |
Arms imports | 4.00 | 2007 | dollars |