Albania - Military Expenditure
Since 2014, Albania Military Expenditure grew 2.1% year on year. In 2019, the country was ranked number 114 among other countries in Military Expenditure with $197,517,156.02. Albania is overtaken by Afghanistan, which was ranked number 113 with $226,874,362.21 and is followed by Guinea at $195,070,896.27. United States lead the ranking with $731,751,400,000 in 2019, +7.2% compared to 2018. China, India and Russia respectively ranked number 2, 3 and 4 in this ranking. Bulgaria witnessed the best average annual growth at +23.3% per year, while Venezuela was the worst growing country at -55.3% per year.
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| Date | US Dollars |
|---|---|
| 2019 | 197,517,156.02 |
| 2018 | 175,886,688.58 |
| 2017 | 144,382,688.72 |
| 2016 | 130,853,162.62 |
| 2015 | 132,350,667.59 |
Download all data from 1992 to 2019
How does Albania rank in Military Expenditure?
| # | 156 Countries | US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
731,751,400,000.00 | 2019 | +7.2 % | +2.5 % | View data | |
| 2 |
#2
China
|
261,081,940,426.67 | 2019 | +3.0 % | +5.4 % | View data | |
| 113 |
#113
Afghanistan
|
226,874,362.21 | 2019 | +14.5 % | -3.3 % | View data | |
| 114 |
#114
Albania
|
197,517,156.02 | 2019 | +12.3 % | +2.1 % | View data | |
| 115 |
#115
Guinea
|
195,070,896.27 | 2019 | -1.0 % | -0.2 % | View data | |