Indonesia Military Expenditure (USD)
$11.0B▼ −$216.0M
Dec 2024 · Annual
Indonesia's military expenditure fell to $11.04 billion in 2024 from $11.26 billion in 2023, retreating from the all-time high set the previous year. The series, which began in 1974, has ranged from a low of $698 million to the 2023 peak. The 2024 value remains well above the historical low.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| $11.0B | $11.3B | $11.3BDec 2023 | $698.2MDec 1974 | 1974 – 2024 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Military Expenditure | 0.8% | 0.8% | 3.5% | 0.6% | Dec 2024 | Annual |
| GDP | $1.45T | $1.40T | $1.45T | $5.7B | Dec 2025 | Annual |
About this series
Military Expenditure (USD) in Indonesia averaged $4.7B from 1974 until 2024, reaching an all-time high of $11.3B in Dec 2023 and a record low of $698.2M in Dec 1974. The series is reported yearly with history from 1974.
Military expenditure measures the annual spending on armed forces, defense programs, and military-related activities in current US dollars. The data is reported annually for Indonesia, with the series spanning from 1974 to 2024. The indicator captures total military outlays without adjustment for inflation.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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