Malaysia vs Nigeria: Military spending

Malaysia
4.68 billion constant 2022 US$
in 2023
Nigeria
4.07 billion constant 2022 US$
in 2023
Malaysia rank
53rd
Nigeria rank
56th

Military spending over time

  • Malaysia
  • Nigeria
02.0B4.0B6.0B195719902023

How they compare

Malaysia currently reports 4.68 billion constant 2022 US$ against 4.07 billion constant 2022 US$ in Nigeria, a difference of 615.93 million constant 2022 US$.

That makes Malaysia's figure about 1.2 times Nigeria's.

The two have swapped places 2 times across 64 shared years of data; in 1960 it was Malaysia ahead.

Malaysia ranks 53rd and Nigeria ranks 56th of 172 countries.

Across the 7 decades both report, Malaysia averaged higher in 5 and Nigeria in 2.

Head to head by decade

Decade Malaysia Nigeria Difference Ahead
1960s 579.70 million constant 2022 US$ 883.67 million constant 2022 US$ 303.97 million constant 2022 US$ Nigeria
1970s 1.59 billion constant 2022 US$ 4.46 billion constant 2022 US$ 2.87 billion constant 2022 US$ Nigeria
1980s 2.84 billion constant 2022 US$ 1.73 billion constant 2022 US$ 1.11 billion constant 2022 US$ Malaysia
1990s 3.66 billion constant 2022 US$ 1.22 billion constant 2022 US$ 2.44 billion constant 2022 US$ Malaysia
2000s 4.18 billion constant 2022 US$ 1.22 billion constant 2022 US$ 2.97 billion constant 2022 US$ Malaysia
2010s 4.99 billion constant 2022 US$ 2.37 billion constant 2022 US$ 2.63 billion constant 2022 US$ Malaysia
2020s 4.54 billion constant 2022 US$ 3.84 billion constant 2022 US$ 703.46 million constant 2022 US$ Malaysia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Malaysia or Nigeria?
Malaysia, at 4.68 billion constant 2022 US$ against 4.07 billion constant 2022 US$ in Nigeria as of 2023.
What is the difference in military spending between Malaysia and Nigeria?
615.93 million constant 2022 US$, with Malaysia ahead.
How many years of comparable data are there for Malaysia and Nigeria?
64 years are reported by both, from 1960 to 2023.
How do Malaysia and Nigeria rank globally for military spending?
Malaysia ranks 53rd and Nigeria ranks 56th of 172 countries.
Where does this data come from?
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Malaysia vs Nigeria: Military spending. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/compare/military-spending-gmsd/malaysia/nigeria/

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<a href="https://reference.statizoid.com/compare/military-spending-gmsd/malaysia/nigeria/">Malaysia vs Nigeria: Military spending</a> — Statizoid

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.