Papua New Guinea - Military Expenditure
Since 2014, Papua New Guinea Military Expenditure decreased by 6.4% year on year. With $80,846,153.85 in 2019, the country was number 136 comparing other countries in Military Expenditure. Papua New Guinea is overtaken by Nicaragua, which was number 135 with $82,593,607.31 and is followed by Somalia at $78,903,000. United States topped the ranking with $731,751,400,000 in 2019, that is a growth of 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 recorded the worst performance at -55.3% per year.
Loading...
| Date | US Dollars |
|---|---|
| 2019 | 80,846,153.85 |
| 2018 | 79,956,905.79 |
| 2017 | 80,860,755.52 |
| 2016 | 79,051,319.31 |
| 2015 | 99,840,642.68 |
Download all data from 1975 to 2019
How does Papua New Guinea 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 | |
| 135 |
#135
Nicaragua
|
82,593,607.31 | 2019 | +1.2 % | +0.3 % | View data | |
| 136 |
#136
Papua New Guinea
|
80,846,153.85 | 2019 | +1.1 % | -6.4 % | View data | |
| 137 |
#137
Somalia
|
78,903,000.00 | 2019 | +1.9 % | +5.5 % | View data | |