Saudi Arabia: Military spending

* indicates monthly or quarterly data series
 Saudi Arabia

Military spending, in billion U.S. dollars

 Latest value 80.33
 Year 2024
 Measure billion U.S. dollars
 Data availability 1960 - 2024
 Average 27.39
 Min - Max 0.07 - 87.19
 Source Stockholm International Peace Research Institute
The latest value from 2024 is 80.33 billion U.S. dollars, an increase from 77.77 billion U.S. dollars in 2023. In comparison, the world average is 17.79 billion U.S. dollars, based on data from 148 countries. Historically, the average for Saudi Arabia from 1960 to 2024 is 27.39 billion U.S. dollars. The minimum value, 0.07 billion U.S. dollars, was reached in 1961 while the maximum of 87.19 billion U.S. dollars was recorded in 2015. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Saudi Arabia - Military spending - Recent values chart

Historical series
Saudi Arabia - Military spending - historical chart - 1960-2024




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 80.33 2024 billion U.S. dollars
 Military spending, percent of GDP 7.30 2024 percent
 Military spending, percent of government spending 22.31 2024 percent
 Armed forces 282,000 2020 people
 Armed forces, percent of labor force 1.92 2020 percent
 Arms exports 3.00 2023 million U.S. dollars
 Arms imports 1,111.00 2024 dollars
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