Military spending, annual growth rate in Liberia

Liberia: Military spending, annual growth rate was 6 % change on previous year in 2023. ◆ Volatile

Latest (2023)
6 % change on previous year
Change on year
down 64.2%
World rank
77th
of 172 countries
All-time high
141.47 % change on previous year
in 2005
All-time low
-90.45 % change on previous year
in 2002
Years of data
103
1921–2023

Military spending, annual growth rate in Liberia, 1921–2023

-100-50050100150192119722023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Liberia recorded 6 % change on previous year for military spending, annual growth rate in 2023.

Compared with earlier readings it is down 64.2% on the previous year and down 45.6% over ten years.

Over the whole period, military spending, annual growth rate in Liberia peaked at 141.47 % change on previous year in 2005 and was at its lowest, -90.45 % change on previous year, in 2002.

That places Liberia 77th out of 172 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending, annual growth rate in Liberia, year by year

Annual values for Military spending, annual growth rate in Liberia, 1921 to 2023.
Year % change on previous year Change
1921 6.32 % change on previous year
1922 -7.8 % change on previous year -223.4%
1923 -4.85 % change on previous year -37.8%
1924 -6.21 % change on previous year +28.0%
1925 2.24 % change on previous year -136.1%
1926 0.1179 % change on previous year -94.7%
1927 4.26 % change on previous year +3511.5%
1928 -6.83 % change on previous year -260.3%
1929 -0.5125 % change on previous year -92.5%
1930 -10.52 % change on previous year +1952.7%
1931 -14.41 % change on previous year +37.0%
1932 -12.65 % change on previous year -12.3%
1933 -17.93 % change on previous year +41.8%
1934 31.24 % change on previous year -274.2%
1935 0.8997 % change on previous year -97.1%
1936 2.79 % change on previous year +210.3%
1937 2.98 % change on previous year +6.6%
1938 13.16 % change on previous year +342.1%
1939 -2.51 % change on previous year -119.1%
1940 9.43 % change on previous year -476.0%
1941 1.91 % change on previous year -79.8%
1942 20.92 % change on previous year +996.2%
1943 20.76 % change on previous year -0.8%
1944 26.42 % change on previous year +27.3%
1945 38.23 % change on previous year +44.7%
1946 -7.08 % change on previous year -118.5%
1947 3.28 % change on previous year -146.3%
1948 5.82 % change on previous year +77.4%
1949 39.94 % change on previous year +586.7%
1950 -0.7752 % change on previous year -101.9%
1951 11.68 % change on previous year -1606.7%
1952 19.77 % change on previous year +69.3%
1953 16.04 % change on previous year -18.8%
1954 8.29 % change on previous year -48.3%
1955 8.9 % change on previous year +7.4%
1956 19.74 % change on previous year +121.6%
1957 11 % change on previous year -44.3%
1958 -0.2165 % change on previous year -102.0%
1959 -18.99 % change on previous year +8668.4%
1960 3.96 % change on previous year -120.9%
1961 91.07 % change on previous year +2200.1%
1962 8.94 % change on previous year -90.2%
1963 -3.78 % change on previous year -142.3%
1964 -10.63 % change on previous year +181.1%
1965 4.42 % change on previous year -141.6%
1966 -7.5 % change on previous year -269.7%
1967 5.42 % change on previous year -172.2%
1968 -5.15 % change on previous year -195.0%
1969 16.62 % change on previous year -422.8%
1970 5.09 % change on previous year -69.4%
1971 9.93 % change on previous year +95.1%
1972 -10.37 % change on previous year -204.4%
1973 -15.68 % change on previous year +51.2%
1974 -4.4 % change on previous year -71.9%
1975 -1.47 % change on previous year -66.5%
1976 21.39 % change on previous year -1551.2%
1977 8.66 % change on previous year -59.5%
1978 10.05 % change on previous year +16.0%
1979 6.73 % change on previous year -33.0%
1980 81.74 % change on previous year +1114.0%
1981 52.17 % change on previous year -36.2%
1982 4.93 % change on previous year -90.5%
1983 -22.85 % change on previous year -563.5%
1984 3.79 % change on previous year -116.6%
1985 2 % change on previous year -47.2%
1986 17.14 % change on previous year +758.1%
1987 0.2513 % change on previous year -98.5%
1988 0.0271 % change on previous year -89.2%
1989 -11.67 % change on previous year -43129.2%
1990 -17.47 % change on previous year +49.7%
1991 -2.67 % change on previous year -84.7%
1992 -25.45 % change on previous year +854.9%
1993 -15.67 % change on previous year -38.5%
1994 83.49 % change on previous year -632.9%
1995 13.56 % change on previous year -83.8%
1996 -8.34 % change on previous year -161.5%
1997 -2.48 % change on previous year -70.3%
1998 -5.95 % change on previous year +140.2%
1999 -15.43 % change on previous year +159.4%
2000 -11.81 % change on previous year -23.5%
2001 0.4034 % change on previous year -103.4%
2002 -90.45 % change on previous year -22522.3%
2003 -19.15 % change on previous year -78.8%
2004 3.07 % change on previous year -116.1%
2005 141.47 % change on previous year +4503.0%
2006 -6.09 % change on previous year -104.3%
2007 -3.26 % change on previous year -46.5%
2008 16.25 % change on previous year -599.1%
2009 18.8 % change on previous year +15.7%
2010 17.33 % change on previous year -7.8%
2011 42.13 % change on previous year +143.2%
2012 25.6 % change on previous year -39.2%
2013 11.03 % change on previous year -56.9%
2014 -4.32 % change on previous year -139.2%
2015 -16.18 % change on previous year +274.2%
2016 -14.3 % change on previous year -11.6%
2017 10.02 % change on previous year -170.1%
2018 -4.2 % change on previous year -142.0%
2019 6.54 % change on previous year -255.6%
2020 2.83 % change on previous year -56.8%
2021 62.92 % change on previous year +2124.7%
2022 16.76 % change on previous year -73.4%
2023 6 % change on previous year -64.2%

Liberia compared with similar countries

  • Liberia's 6 % change on previous year is below the median for low income countries, which is 7.99 % change on previous year, 75% of the median. (25 countries reporting)
  • Liberia's 6 % change on previous year is above the median for Sub-Saharan Africa, which is 5.01 % change on previous year, 1.2× the median. (46 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in Liberia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1989 -43129.2% 0.0271 % change on previous year -11.67 % change on previous year
2002 -22522.3% 0.4034 % change on previous year -90.45 % change on previous year
1959 -8668.4% -0.2165 % change on previous year -18.99 % change on previous year
2005 +4503.0% 3.07 % change on previous year 141.47 % change on previous year
1927 +3511.5% 0.1179 % change on previous year 4.26 % change on previous year
1961 +2200.1% 3.96 % change on previous year 91.07 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1920s -1.47 % change on previous year -7.8 % change on previous year 6.32 % change on previous year 9
1930s -0.6957 % change on previous year -17.93 % change on previous year 31.24 % change on previous year 10
1940s 15.96 % change on previous year -7.08 % change on previous year 39.94 % change on previous year 10
1950s 7.54 % change on previous year -18.99 % change on previous year 19.77 % change on previous year 10
1960s 10.34 % change on previous year -10.63 % change on previous year 91.07 % change on previous year 10
1970s 2.99 % change on previous year -15.68 % change on previous year 21.39 % change on previous year 10
1980s 12.75 % change on previous year -22.85 % change on previous year 81.74 % change on previous year 10
1990s 0.3591 % change on previous year -25.45 % change on previous year 83.49 % change on previous year 10
2000s 4.92 % change on previous year -90.45 % change on previous year 141.47 % change on previous year 10
2010s 7.36 % change on previous year -16.18 % change on previous year 42.13 % change on previous year 10
2020s 22.13 % change on previous year 2.83 % change on previous year 62.92 % change on previous year 4

Countries ranked near Liberia

  1. 74 Slovakia 6.07 % change on previous year compare
  2. 75 Switzerland 6.06 % change on previous year compare
  3. 76 Montenegro 6.01 % change on previous year compare
  4. 78 Slovenia 5.95 % change on previous year compare
  5. 79 Cape Verde 5.71 % change on previous year compare
  6. 80 Bahrain 5.7 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Liberia

All data for Liberia →

Frequently asked questions

What is military spending, annual growth rate in Liberia?
Military spending, annual growth rate in Liberia was 6 % change on previous year in 2023, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Liberia?
The highest recorded value was 141.47 % change on previous year in 2005.
What is the lowest military spending, annual growth rate recorded in Liberia?
The lowest recorded value was -90.45 % change on previous year in 2002.
How does Liberia rank for military spending, annual growth rate?
Liberia ranks 77th out of 172 countries with data for 2023.
Is military spending, annual growth rate rising or falling in Liberia?
Over the last ten years it is down 45.6%. The long-run trend across the full record is volatile.
Where does this Liberia data come from?
The figures come from Statizoid (derived), published as part of Military spending, annual growth rate. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 103 observations, free to reuse under Derived by Statizoid from the sources named on the page.

Share, cite or embed this page

Cite this page

Military spending, annual growth rate in Liberia. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/liberia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/liberia/">Military spending, annual growth rate in Liberia</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.