Turkey: Military spending

* indicates monthly or quarterly data series
 Turkey

Military spending, in billion U.S. dollars

 Latest value 24.98
 Year 2024
 Measure billion U.S. dollars
 Data availability 1960 - 2024
 Average 7.84
 Min - Max 0.30 - 24.98
 Source Stockholm International Peace Research Institute
 Available for Data download
The latest value from 2024 is 24.98 billion U.S. dollars, an increase from 19.58 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 Turkey from 1960 to 2024 is 7.84 billion U.S. dollars. The minimum value, 0.3 billion U.S. dollars, was reached in 1961 while the maximum of 24.98 billion U.S. dollars was recorded in 2024. 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
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 Recent values Turkey: Military spending
 2024 24.98
 2023 19.58
 2022 15.04
 2021 15.25
 2020 15.78
 2019 20.44
 2018 19.65
 2017 17.82




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 24.98 2024 billion U.S. dollars
 Military spending, percent of GDP 1.92 2024 percent
 Armed forces 512,000 2020 people
 Armed forces, percent of labor force 1.61 2020 percent
 Arms exports 332.00 2024 SIPRI TIVs
 Arms imports 381,000,000.00 2024 SIPRI TIVs
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