Seychelles - Military expenditure (current LCU)

The value for Military expenditure (current LCU) in Seychelles was 308,000,000 as of 2019. As the graph below shows, over the past 34 years this indicator reached a maximum value of 394,000,000 in 2014 and a minimum value of 51,700,000 in 1985.

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
1985 51,700,000
1986 60,300,000
1987 63,400,000
1988 65,400,000
1989 73,600,000
1990 79,200,000
1991 87,600,000
1992 105,000,000
1993 67,100,000
1994 60,100,000
1995 55,200,000
1996 52,400,000
1997 57,292,000
1998 55,476,000
1999 59,250,000
2000 59,000,000
2001 64,816,000
2002 64,116,000
2003 66,100,000
2004 87,600,000
2005 81,000,000
2006 79,298,000
2007 101,700,000
2008 105,210,000
2009 117,742,000
2010 86,376,000
2011 107,872,000
2012 136,000,000
2013 166,000,000
2014 394,000,000
2015 241,000,000
2016 292,000,000
2017 293,000,000
2018 314,000,000
2019 308,000,000

Periodicity: Annual

General Comments: Data for some countries are based on partial or uncertain data or rough estimates. For additional details please refer to the military expenditure database on the SIPRI website: https://sipri.org/databases/milex

Classification

Topic: Public Sector Indicators

Sub-Topic: Defense & arms trade