Saudi Arabia Military Expenditure

7.3% +0.0%

Dec 2024 · Annual

Military Expenditure in Saudi Arabia rose to 7.3% in Dec 2024 from 7.3% in Dec 2023.

Saudi Arabia Military Expenditure, 1990–2024
ActualPreviousHighestLowestDatesFrequency
7.3%7.3%19.0%Dec 19845.9%Dec 19631963 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Government Debt to GDP31.7%25.9%103.0%1.5%Dec 2025Annual
Military Expenditure (USD)$80.3B$77.8B$87.2B$71.6MDec 2024Annual

About this series

Military Expenditure in Saudi Arabia averaged 9.5% from 1963 until 2024, reaching an all-time high of 19.0% in Dec 1984 and a record low of 5.9% in Dec 1963. The series is reported yearly with history from 1963.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Saudi Arabia Military Expenditure FAQ