Nigeria - Military expenditure

Military expenditure (current USD)

The latest value for Military expenditure (current USD) in Nigeria was 2,043,052,000 as of 2018. Over the past 58 years, the value for this indicator has fluctuated between 3,138,199,000 in 1977 and 23,379,990 in 1960.

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
1960 23,379,990
1961 28,279,990
1962 38,639,980
1963 45,499,980
1964 54,319,980
1965 65,939,970
1966 55,719,980
1967 239,959,900
1968 369,039,800
1969 684,459,700
1970 662,339,700
1971 639,259,500
1972 904,095,600
1973 1,020,224,000
1974 1,351,141,000
1975 3,028,585,000
1976 2,644,426,000
1977 3,138,199,000
1978 3,022,642,000
1979 3,070,825,000
1980 3,029,915,000
1981 2,135,475,000
1982 1,651,914,000
1983 1,627,393,000
1984 1,210,916,000
1985 1,091,663,000
1986 516,893,500
1987 201,691,200
1988 271,106,000
1989 170,705,500
1990 277,297,800
1991 243,705,800
1992 173,657,700
1993 289,231,100
1994 319,694,500
1995 639,406,700
1996 701,412,900
1997 818,784,500
1998 1,149,685,000
1999 491,671,400
2000 368,644,100
2001 570,632,300
2002 896,913,200
2003 587,461,900
2004 639,990,100
2005 674,208,100
2006 776,148,000
2007 971,321,400
2008 1,615,533,000
2009 1,504,486,000
2010 1,990,100,000
2011 2,384,936,000
2012 2,316,478,000
2013 2,418,760,000
2014 2,357,666,000
2015 2,065,558,000
2016 1,723,204,000
2017 1,621,218,000
2018 2,043,052,000

Military expenditure (current LCU)

The value for Military expenditure (current LCU) in Nigeria was 654,399,000,000 as of 2018. As the graph below shows, over the past 58 years this indicator reached a maximum value of 654,399,000,000 in 2018 and a minimum value of 16,700,000 in 1960.

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
1960 16,700,000
1961 20,200,000
1962 27,600,000
1963 32,500,000
1964 38,800,000
1965 47,100,000
1966 39,800,000
1967 171,400,000
1968 263,600,000
1969 488,900,000
1970 473,100,000
1971 455,700,000
1972 594,800,000
1973 671,200,000
1974 851,600,000
1975 1,864,100,000
1976 1,657,000,000
1977 2,023,200,000
1978 1,920,200,000
1979 1,854,800,000
1980 1,656,700,000
1981 1,319,100,000
1982 1,112,500,000
1983 1,178,900,000
1984 928,200,000
1985 975,700,000
1986 906,900,000
1987 810,000,000
1988 1,230,000,000
1989 1,257,200,000
1990 2,229,000,000
1991 2,415,000,000
1992 3,004,000,000
1993 6,382,000,000
1994 7,032,000,000
1995 14,000,000,000
1996 15,350,000,000
1997 17,920,000,000
1998 25,162,000,000
1999 45,400,000,000
2000 37,490,000,000
2001 63,472,000,000
2002 108,148,000,000
2003 75,913,000,000
2004 85,047,000,000
2005 88,506,000,000
2006 99,853,000,000
2007 122,200,000,000
2008 191,515,000,000
2009 224,021,000,000
2010 299,108,000,000
2011 369,045,000,000
2012 364,843,000,000
2013 380,500,000,000
2014 373,815,000,000
2015 397,497,000,000
2016 444,098,000,000
2017 494,838,000,000
2018 654,399,000,000

Military expenditure (% of GDP)

Military expenditure (% of GDP) in Nigeria was 0.51 as of 2018. Its highest value over the past 58 years was 10.32 in 1969, while its lowest value was 0.35 in 2006.

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
1960 0.70
1961 0.85
1962 1.10
1963 1.10
1964 1.23
1965 1.40
1966 1.10
1967 5.81
1968 9.16
1969 10.32
1970 5.28
1971 4.39
1972 5.39
1973 5.48
1974 4.34
1975 8.12
1976 5.79
1977 6.02
1978 5.33
1979 4.32
1980 3.30
1981 2.77
1982 2.27
1983 2.22
1984 1.56
1985 1.44
1986 1.31
1987 0.77
1988 0.88
1989 0.58
1990 0.83
1991 0.77
1992 0.56
1993 0.93
1994 0.78
1995 0.48
1996 0.41
1997 0.44
1998 0.55
1999 0.86
2000 0.54
2001 0.78
2002 0.95
2003 0.57
2004 0.49
2005 0.40
2006 0.35
2007 0.37
2008 0.49
2009 0.51
2010 0.54
2011 0.58
2012 0.50
2013 0.47
2014 0.41
2015 0.42
2016 0.43
2017 0.43
2018 0.51

Military expenditure (% of general government expenditure)

Military expenditure (% of general government expenditure) in Nigeria was 4.05 as of 2018. Its highest value over the past 18 years was 4.92 in 2002, while its lowest value was 2.05 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
2000 2.20
2001 2.53
2002 4.92
2003 2.46
2004 2.68
2005 2.23
2006 2.81
2007 2.05
2008 3.40
2009 3.27
2010 3.24
2011 3.34
2012 3.58
2013 3.51
2014 3.28
2015 3.77
2016 4.56
2017 3.72
2018 4.05

Classification

Topic: Public Sector Indicators

Sub-Topic: Defense & arms trade