Saudi Arabia: Military spending

* indicates monthly or quarterly data series
 Saudi Arabia

Military spending, in billion U.S. dollars

 Latest value 75.01
 Year 2022
 Measure billion U.S. dollars
 Data availability 1960 - 2022
 Average 25.71
 Min - Max 0.07 - 87.19
 Source Stockholm International Peace Research Institute
For that indicator, we provide data for Saudi Arabia from 1960 to 2022. The average value for Saudi Arabia during that period was 25.71 billion U.S. dollars with a minimum of 0.07 billion U.S. dollars in 1961 and a maximum of 87.19 billion U.S. dollars in 2015. The latest value from 2022 is 75.01 billion U.S. dollars. For comparison, the world average in 2022 based on 150 countries is 14.63 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Saudi Arabia - Military spending - Recent values chart

Historical chart
Saudi Arabia - Military spending - historical chart - 1960-2022

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.

 Related indicators Latest value Reference Measure
 Military spending 75.01 2022 billion U.S. dollars
 Military spending, percent of GDP 7.42 2022 percent
 Military spending, percent of government spending 27.79 2022 percent
 Armed forces 282,000 2020 people
 Armed forces, percent of labor force 1.76 2020 percent
 Arms exports 5.00 2016 million U.S. dollars
 Arms imports 2,272.00 2022 dollars
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