Namibia - Military Expenditure

Since 2014, Namibia Military Expenditure was down by 5.3% year on year. With $410,415,251.89 in 2019, the country was number 97 comparing other countries in Military Expenditure. Namibia is overtaken by Brunei, which was ranked number 96 with $414,728,739 and is followed by Honduras at $403,982,242.46. United States topped the ranking with $731,751,400,000 in 2019, that is +7.2% compared to 2018. China, India and Russia respectively ranked number 2, 3 and 4 in this ranking. Bulgaria recorded the best 5 years average growth at +23.3% per year, while Venezuela witnessed the worst performance at -55.3% per year.

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Date US Dollars
2019 410,415,251.89
2018 455,569,084.30
2017 456,081,144.82
2016 425,388,449.61
2015 518,203,685.06
Download all data from 1991 to 2019

How does Namibia 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
96 #96
Brunei
414,728,739.00 2019 +15.9 % -4.7 % View data
97 #97
Namibia
410,415,251.89 2019 -9.9 % -5.3 % View data
98 #98
Honduras
403,982,242.46 2019 +4.8 % +5.2 % View data
Compare all 156 countries

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