Liberia - Military expenditure

Military expenditure (current USD)

The latest value for Military expenditure (current USD) in Liberia was 16,937,000 as of 2020. Over the past 55 years, the value for this indicator has fluctuated between 43,350,000 in 1982 and 2,700,000 in 1965.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another).

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1965 2,700,000
1966 2,800,000
1967 3,050,000
1968 3,050,000
1969 3,050,000
1970 3,550,000
1971 4,050,000
1972 4,050,000
1973 3,750,000
1974 4,550,000
1975 5,500,000
1976 6,400,000
1977 7,750,000
1978 8,900,000
1979 9,400,000
1980 12,750,000
1981 26,350,000
1982 43,350,000
1983 38,750,000
1984 24,950,000
1985 25,150,000
1986 24,350,000
1987 22,250,000
1988 25,000,000
1991 25,000,000
1992 22,650,000
1993 30,450,000
1994 39,300,000
2004 3,182,000
2005 8,025,000
2006 3,925,000
2007 3,486,000
2008 3,907,000
2009 7,193,000
2010 8,458,000
2011 13,271,000
2012 15,179,000
2013 15,111,500
2014 14,531,000
2015 14,799,000
2016 14,712,000
2017 13,335,500
2018 16,788,500
2019 19,228,500
2020 16,937,000

Military expenditure (current LCU)

The value for Military expenditure (current LCU) in Liberia was 16,646,000 as of 2019. As the graph below shows, over the past 54 years this indicator reached a maximum value of 43,350,000 in 1982 and a minimum value of 2,700,000 in 1965.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

Year Value
1965 2,700,000
1966 2,800,000
1967 3,050,000
1968 3,050,000
1969 3,050,000
1970 3,550,000
1971 4,050,000
1972 4,050,000
1973 3,750,000
1974 4,550,000
1975 5,500,000
1976 6,400,000
1977 7,750,000
1978 8,900,000
1979 9,400,000
1980 12,750,000
1981 26,350,000
1982 43,350,000
1983 38,750,000
1984 24,950,000
1985 25,150,000
1986 24,350,000
1987 22,250,000
1988 25,000,000
1991 25,000,000
1992 22,650,000
1993 30,450,000
1994 39,300,000
2004 3,182,000
2005 8,025,000
2006 3,925,000
2007 3,486,000
2008 3,907,000
2009 7,193,000
2010 8,458,000
2011 13,271,000
2012 15,179,000
2013 15,111,500
2014 14,531,000
2015 14,799,000
2016 14,712,000
2017 13,335,500
2018 13,729,500
2019 16,646,000

Military expenditure (% of GDP)

Military expenditure (% of GDP) in Liberia was 1.28 as of 2020. Its highest value over the past 55 years was 29.73 in 1994, while its lowest value was 0.38 in 2007.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1965 1.18
1966 1.15
1967 1.17
1968 1.10
1969 0.99
1970 1.10
1971 1.19
1972 1.10
1973 0.97
1974 0.93
1975 0.95
1976 1.07
1977 1.15
1978 1.24
1979 1.15
1980 1.49
1981 3.11
1982 5.02
1983 4.71
1984 2.94
1985 2.95
1986 2.90
1987 2.29
1988 2.41
1991 7.18
1992 10.13
1993 18.98
1994 29.73
2004 0.45
2005 1.06
2006 0.48
2007 0.38
2008 0.40
2009 0.70
2010 0.77
2011 1.12
2012 1.18
2013 1.08
2014 1.03
2015 1.05
2016 1.06
2017 0.94
2018 1.19
2019 1.40
2020 1.28

Military expenditure (% of general government expenditure)

Military expenditure (% of general government expenditure) in Liberia was 1.72 as of 2020. Its highest value over the past 16 years was 6.63 in 2005, while its lowest value was 1.08 in 2008.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
2004 2.92
2005 6.63
2006 3.19
2007 1.50
2008 1.08
2009 1.72
2010 1.71
2011 1.89
2012 1.85
2013 1.50
2014 1.43
2015 1.29
2016 1.27
2017 1.23
2018 1.61
2019 1.85
2020 1.72

Classification

Topic: Public Sector Indicators

Sub-Topic: Defense & arms trade