Sri Lanka - Military Expenditure

Since 2014, Sri Lanka Military Expenditure decreased by 2.7% year on year. In 2019, the country was ranked number 67 among other countries in Military Expenditure with $1,666,461,476.47. Sri Lanka is overtaken by Yemen, which was number 66 with $1,714,830,843.69 and is followed by Angola at $1,470,938,717.29. United States ranked the highest 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 witnessed the worst performance at -55.3% per year.

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Date US Dollars
2019 1,666,461,476.47
2018 1,681,433,577.39
2017 1,866,534,438.99
2016 1,741,456,649.97
2015 2,057,866,406.97
Download all data from 1960 to 2019

How does Sri Lanka 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
66 #66
Yemen
1,714,830,843.69 2014 +4.0 % +3.8 % View data
67 #67
Sri Lanka
1,666,461,476.47 2019 -0.9 % -2.7 % View data
68 #68
Angola
1,470,938,717.29 2019 -25.9 % -26.5 % View data
Compare all 156 countries

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