Saudi Arabia Military Expenditure (USD)
$80.3B▲ +$2.6B
Dec 2024 · Annual
Saudi Arabia's military expenditure rose to $80.33 billion in 2024 from $77.77 billion in 2023. The figure remains below the all-time high of $87.19 billion recorded in 2015. Data are available from 1960.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| $80.3B | $77.8B | $87.2BDec 2015 | $71.6MDec 1961 | 1960 – 2024 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Military Expenditure | 7.3% | 7.3% | 19.0% | 5.9% | Dec 2024 | Annual |
| GDP | $1.28T | $1.25T | $1.28T | $1.7B | Dec 2025 | Annual |
About this series
Military Expenditure (USD) in Saudi Arabia averaged $41.4B from 1960 until 2024, reaching an all-time high of $87.2B in Dec 2015 and a record low of $71.6M in Dec 1961. The series is reported yearly with history from 1960.
Military expenditure measures the annual spending on armed forces, defense programs, and military-related activities. The indicator is reported in current US dollars on an annual basis. The series spans from 1960 to 2024.
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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