Sri Lanka - Military expenditure (current LCU)

The value for Military expenditure (current LCU) in Sri Lanka was 297,790,000,000 as of 2019. As the graph below shows, over the past 59 years this indicator reached a maximum value of 297,790,000,000 in 2019 and a minimum value of 66,275,000 in 1963.

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 79,300,000
1961 81,350,000
1962 75,475,000
1963 66,275,000
1964 66,375,000
1965 68,925,000
1966 72,775,000
1967 76,375,000
1968 85,150,000
1969 94,425,000
1970 125,250,000
1971 191,450,000
1972 180,800,000
1973 161,000,000
1974 189,000,000
1975 213,570,000
1976 199,110,000
1977 249,160,000
1978 342,600,000
1979 437,150,000
1980 509,450,000
1981 532,810,000
1982 540,590,000
1983 1,081,200,000
1984 1,418,200,000
1985 5,132,300,000
1986 4,839,800,000
1987 6,675,100,000
1988 5,263,600,000
1989 4,530,500,000
1990 7,492,700,000
1991 11,476,000,000
1992 14,322,000,000
1993 17,144,000,000
1994 21,596,000,000
1995 39,139,000,000
1996 42,399,000,000
1997 41,225,000,000
1998 47,270,000,000
1999 44,572,000,000
2000 63,308,000,000
2001 60,335,000,000
2002 54,686,000,000
2003 52,285,000,000
2004 62,670,000,000
2005 64,742,000,000
2006 82,247,000,000
2007 116,687,000,000
2008 163,732,000,000
2009 174,973,000,000
2010 173,217,000,000
2011 193,700,000,000
2012 188,202,000,000
2013 206,619,000,000
2014 249,978,000,000
2015 279,575,000,000
2016 253,614,000,000
2017 284,427,000,000
2018 273,218,000,000
2019 297,790,000,000

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