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 |