Ethiopia - Military Expenditure
Since 2014, Ethiopia Military Expenditure rose 5.6% year on year. In 2019, the country was ranked number 89 comparing other countries in Military Expenditure at $544,839,429.85. Ethiopia is overtaken by Zimbabwe, which was ranked number 88 with $546,939,000 and is followed by Ivory Coast with $535,951,382.18. United States lead the ranking with $731,751,400,000 in 2019, that is an increase of 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 recorded the worst performance at -55.3% per year.
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| Date | US Dollars |
|---|---|
| 2019 | 544,839,429.85 |
| 2018 | 512,029,056.71 |
| 2017 | 499,795,483.49 |
| 2016 | 490,177,248.53 |
| 2015 | 442,532,624.46 |
Download all data from 1960 to 2019
How does Ethiopia 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 | |
| 88 |
#88
Zimbabwe
|
546,939,000.00 | 2019 | +30.1 % | +8.2 % | View data | |
| 89 |
#89
Ethiopia
|
544,839,429.85 | 2019 | +6.4 % | +5.6 % | View data | |
| 90 |
#90
Ivory Coast
|
535,951,382.18 | 2019 | -11.8 % | +0.6 % | View data | |