Military spending, annual growth rate in Nigeria
Nigeria: Military spending, annual growth rate was 3.83 % change on previous year in 2023. ◆ Volatile
Latest (2023)
3.83 % change on previous year
Change on year
up 203.2%
World rank
109th
of 172 countries
All-time high
171.78 % change on previous year
in 1994
All-time low
-47.38 % change on previous year
in 1987
Years of data
63
1961–2023
Military spending, annual growth rate in Nigeria, 1961–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Nigeria recorded 3.83 % change on previous year for military spending, annual growth rate in 2023.
That represents a change of up 203.2% on the previous year and up 223.3% over ten years.
Over the whole period, military spending, annual growth rate in Nigeria peaked at 171.78 % change on previous year in 1994 and was at its lowest, -47.38 % change on previous year, in 1987.
That places Nigeria 109th 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 Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 34.16 % change on previous year | — |
| 1962 | 27.41 % change on previous year | -19.7% |
| 1963 | 19.21 % change on previous year | -29.9% |
| 1964 | 20.01 % change on previous year | +4.2% |
| 1965 | 12.07 % change on previous year | -39.7% |
| 1966 | -2.8 % change on previous year | -123.2% |
| 1967 | 164.47 % change on previous year | -5963.6% |
| 1968 | 64.96 % change on previous year | -60.5% |
| 1969 | 108.92 % change on previous year | +67.7% |
| 1970 | -27.39 % change on previous year | -125.1% |
| 1971 | -2.9 % change on previous year | -89.4% |
| 1972 | 33.2 % change on previous year | -1243.5% |
| 1973 | -5.05 % change on previous year | -115.2% |
| 1974 | -0.0999 % change on previous year | -98.0% |
| 1975 | 81.23 % change on previous year | -81400.3% |
| 1976 | 2.25 % change on previous year | -97.2% |
| 1977 | 1.76 % change on previous year | -21.8% |
| 1978 | -14.48 % change on previous year | -923.1% |
| 1979 | -9.3 % change on previous year | -35.8% |
| 1980 | -5.77 % change on previous year | -38.0% |
| 1981 | -42.03 % change on previous year | +629.0% |
| 1982 | -1.32 % change on previous year | -96.9% |
| 1983 | -20.21 % change on previous year | +1434.9% |
| 1984 | -22.96 % change on previous year | +13.6% |
| 1985 | -16.64 % change on previous year | -27.5% |
| 1986 | -34.78 % change on previous year | +109.0% |
| 1987 | -47.38 % change on previous year | +36.2% |
| 1988 | -1.02 % change on previous year | -97.9% |
| 1989 | -3.77 % change on previous year | +271.3% |
| 1990 | 6.42 % change on previous year | -270.1% |
| 1991 | -13.96 % change on previous year | -317.4% |
| 1992 | 4.36 % change on previous year | -131.2% |
| 1993 | 4.26 % change on previous year | -2.2% |
| 1994 | 171.78 % change on previous year | +3931.3% |
| 1995 | 33.39 % change on previous year | -80.6% |
| 1996 | 14.29 % change on previous year | -57.2% |
| 1997 | 5.65 % change on previous year | -60.5% |
| 1998 | 7.63 % change on previous year | +35.1% |
| 1999 | -14.45 % change on previous year | -289.5% |
| 2000 | -45.07 % change on previous year | +211.8% |
| 2001 | 1.36 % change on previous year | -103.0% |
| 2002 | 21.44 % change on previous year | +1471.6% |
| 2003 | -17.76 % change on previous year | -182.8% |
| 2004 | 1.49 % change on previous year | -108.4% |
| 2005 | 4.67 % change on previous year | +212.4% |
| 2006 | 4.86 % change on previous year | +4.1% |
| 2007 | 19.25 % change on previous year | +296.3% |
| 2008 | 29.56 % change on previous year | +53.6% |
| 2009 | 6.52 % change on previous year | -78.0% |
| 2010 | 14.38 % change on previous year | +120.6% |
| 2011 | 15.43 % change on previous year | +7.3% |
| 2012 | 2.74 % change on previous year | -82.3% |
| 2013 | 1.19 % change on previous year | -56.7% |
| 2014 | 2.06 % change on previous year | +74.1% |
| 2015 | -8.37 % change on previous year | -505.4% |
| 2016 | -11.72 % change on previous year | +40.0% |
| 2017 | 5.14 % change on previous year | -143.8% |
| 2018 | 10.37 % change on previous year | +101.9% |
| 2019 | 16.28 % change on previous year | +57.0% |
| 2020 | 18.91 % change on previous year | +16.1% |
| 2021 | 23.22 % change on previous year | +22.8% |
| 2022 | -3.71 % change on previous year | -116.0% |
| 2023 | 3.83 % change on previous year | -203.2% |
Nigeria compared with similar countries
- Nigeria's 3.83 % change on previous year is below the median for lower middle income countries, which is 4.39 % change on previous year, 87% of the median. (42 countries reporting)
- Nigeria's 3.83 % change on previous year is below the median for Sub-Saharan Africa, which is 5.01 % change on previous year, 76% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Military spending, annual growth rate in Nigeria 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.
| Year | Change | From | To |
|---|---|---|---|
| 1975 | +81400.3% | -0.0999 % change on previous year | 81.23 % change on previous year |
| 1967 | +5963.6% | -2.8 % change on previous year | 164.47 % change on previous year |
| 1994 | +3931.3% | 4.26 % change on previous year | 171.78 % change on previous year |
| 2002 | +1471.6% | 1.36 % change on previous year | 21.44 % change on previous year |
| 1983 | -1434.9% | -1.32 % change on previous year | -20.21 % change on previous year |
| 1972 | +1243.5% | -2.9 % change on previous year | 33.2 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 49.82 % change on previous year | -2.8 % change on previous year | 164.47 % change on previous year | 9 |
| 1970s | 5.92 % change on previous year | -27.39 % change on previous year | 81.23 % change on previous year | 10 |
| 1980s | -19.59 % change on previous year | -47.38 % change on previous year | -1.02 % change on previous year | 10 |
| 1990s | 21.94 % change on previous year | -14.45 % change on previous year | 171.78 % change on previous year | 10 |
| 2000s | 2.63 % change on previous year | -45.07 % change on previous year | 29.56 % change on previous year | 10 |
| 2010s | 4.75 % change on previous year | -11.72 % change on previous year | 16.28 % change on previous year | 10 |
| 2020s | 10.56 % change on previous year | -3.71 % change on previous year | 23.22 % change on previous year | 4 |
Countries ranked near Nigeria
- 106 Cyprus 4.12 % change on previous year compare
- 107 Lesotho 3.95 % change on previous year compare
- 108 Myanmar 3.93 % change on previous year compare
- 110 Costa Rica 3.76 % change on previous year compare
- 111 Venezuela 3.63 % change on previous year compare
- 112 Kuwait 3.53 % change on previous year compare
More reference data data for Nigeria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.77 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 19.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 27 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 27 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.94 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.8 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 81.9 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 121.16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 14.27 (2050)
Frequently asked questions
- What is military spending, annual growth rate in Nigeria?
- Military spending, annual growth rate in Nigeria was 3.83 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest military spending, annual growth rate recorded in Nigeria?
- The highest recorded value was 171.78 % change on previous year in 1994.
- What is the lowest military spending, annual growth rate recorded in Nigeria?
- The lowest recorded value was -47.38 % change on previous year in 1987.
- How does Nigeria rank for military spending, annual growth rate?
- Nigeria ranks 109th out of 172 countries with data for 2023.
- Is military spending, annual growth rate rising or falling in Nigeria?
- Over the last ten years it is up 223.3%. The long-run trend across the full record is volatile.
- Where does this Nigeria 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 — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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
- Military spending Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
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
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.