Somalia: Military spending, percent of GDP
* indicates monthly or quarterly data series
Somalia |
Military spending, percent of GDP |
---|---|
Latest value | 1.53 |
Year | 1989 |
Measure | percent |
Data availability | 1961 - 1989 |
Average | 2.62 |
Min - Max | 0.05 - 28.95 |
Source | Stockholm International Peace Research Institute |
The latest value from 1989 is 1.53 percent, a decline from 17.44 percent in 1988. In comparison, the world average is 3.38 percent, based on data from 115 countries. Historically, the average for Somalia from 1961 to 1989 is 2.62 percent. The minimum value, 0.05 percent, was reached in 1985 while the maximum of 28.95 percent was recorded in 1986.
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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 | 0.12 | 2022 | billion U.S. dollars |
Military spending, percent of GDP | 1.53 | 1989 | percent |
Military spending, percent of government spending | 20.37 | 2022 | percent |
Armed forces | 14,000 | 2020 | people |
Armed forces, percent of labor force | 0.48 | 2020 | percent |
Arms imports | 2.00 | 2021 | dollars |