Luxembourg - Military Expenditure
Since 2014, Luxembourg Military Expenditure rose 9% year on year. At $428,769,402.88 in 2019, the country was ranked number 93 comparing other countries in Military Expenditure. Luxembourg is overtaken by Mali, which was ranked number 92 at $474,260,953.86 and is followed by Nepal at $428,701,839.23. United States topped the ranking with $731,751,400,000 in 2019, a growth of 7.2% versus 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 | 428,769,402.88 |
| 2018 | 393,243,517.43 |
| 2017 | 357,671,613.66 |
| 2016 | 260,729,679.58 |
| 2015 | 276,145,059.33 |
Download all data from 1960 to 2019
How does Luxembourg 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 | |
| 92 |
#92
Mali
|
474,260,953.86 | 2019 | -1.6 % | +16.8 % | View data | |
| 93 |
#93
Luxembourg
|
428,769,402.88 | 2019 | +9.0 % | +9.0 % | View data | |
| 94 |
#94
Nepal
|
428,701,839.23 | 2019 | -0.2 % | +5.5 % | View data | |