Singapore Military Expenditure
2.8%▲ +0.0%
Dec 2024 · Annual
Singapore's military expenditure rose to 2.84 percent of GDP in 2024, up from 2.83 percent in the previous year. The reading remains far below the all-time high of 5.68 percent set in 1977 and above the record low of 2.41 percent seen in 2022. The series spans from 1970.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 2.8% | 2.8% | 5.7%Dec 1977 | 2.4%Dec 2022 | 1970 – 2024 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Government Debt to GDP | 171.3% | 166.0% | 171.3% | 69.8% | Dec 2025 | Annual |
| Military Expenditure (USD) | $15.1B | $14.2B | $15.1B | $103.6M | Dec 2024 | Annual |
About this series
Military Expenditure in Singapore averaged 3.8% from 1970 until 2024, reaching an all-time high of 5.7% in Dec 1977 and a record low of 2.4% in Dec 2022. The series is reported yearly with history from 1970.
Military expenditure as a share of GDP measures the proportion of a country's economic output that is allocated to defense. The indicator is expressed in percent of GDP and reported on an annual basis. The series for Singapore begins in 1970 and extends through the latest available year, 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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