Military spending, annual growth rate in Saudi Arabia

Saudi Arabia: Military spending, annual growth rate was 4.97 % change on previous year in 2023. ◆ Volatile

Latest (2023)
4.97 % change on previous year
Change on year
up 72.6%
World rank
91st
of 172 countries
All-time high
241.75 % change on previous year
in 1954
All-time low
-23.13 % change on previous year
in 1959
Years of data
91
1933–2023

Military spending, annual growth rate in Saudi Arabia, 1933–2023

0100200193319782023

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

Analysis

In 2023, military spending, annual growth rate in Saudi Arabia stood at 4.97 % change on previous year.

Compared with earlier readings it is up 72.6% on the previous year and down 56.0% over ten years.

Over the whole period, military spending, annual growth rate in Saudi Arabia peaked at 241.75 % change on previous year in 1954 and was at its lowest, -23.13 % change on previous year, in 1959.

That places Saudi Arabia 91st 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 Saudi Arabia, year by year

Annual values for Military spending, annual growth rate in Saudi Arabia, 1933 to 2023.
Year % change on previous year Change
1933 10.97 % change on previous year
1934 29.49 % change on previous year +168.9%
1935 7.84 % change on previous year -73.4%
1936 6.41 % change on previous year -18.2%
1937 12.52 % change on previous year +95.3%
1938 14.26 % change on previous year +13.9%
1939 1.13 % change on previous year -92.0%
1940 18.8 % change on previous year +1557.6%
1941 1.79 % change on previous year -90.5%
1942 -0.3059 % change on previous year -117.1%
1943 -2.99 % change on previous year +878.1%
1944 10.65 % change on previous year -455.8%
1945 15.31 % change on previous year +43.8%
1946 -12.3 % change on previous year -180.3%
1947 -7.5 % change on previous year -39.0%
1948 -0.4649 % change on previous year -93.8%
1949 24.62 % change on previous year -5395.5%
1950 -9.39 % change on previous year -138.1%
1951 -3.57 % change on previous year -61.9%
1952 7.72 % change on previous year -316.2%
1953 31.36 % change on previous year +306.0%
1954 241.75 % change on previous year +671.0%
1955 0.7896 % change on previous year -99.7%
1956 1.19 % change on previous year +50.4%
1957 -17.73 % change on previous year -1593.5%
1958 -7.03 % change on previous year -60.3%
1959 -23.13 % change on previous year +228.8%
1960 -7.71 % change on previous year -66.7%
1961 3.47 % change on previous year -145.1%
1962 14.92 % change on previous year +329.3%
1963 18.25 % change on previous year +22.4%
1964 14.76 % change on previous year -19.1%
1965 12.76 % change on previous year -13.5%
1966 25.29 % change on previous year +98.2%
1967 85.33 % change on previous year +237.4%
1968 -7.35 % change on previous year -108.6%
1969 18.78 % change on previous year -355.5%
1970 6.41 % change on previous year -65.9%
1971 16.07 % change on previous year +150.6%
1972 31.08 % change on previous year +93.4%
1973 60.71 % change on previous year +95.3%
1974 16.21 % change on previous year -73.3%
1975 145.92 % change on previous year +800.2%
1976 53.52 % change on previous year -63.3%
1977 0.7481 % change on previous year -98.6%
1978 22.2 % change on previous year +2866.8%
1979 19.44 % change on previous year -12.4%
1980 13.77 % change on previous year -29.2%
1981 8.23 % change on previous year -40.3%
1982 8.24 % change on previous year +0.2%
1983 -9.74 % change on previous year -218.2%
1984 -9.45 % change on previous year -2.9%
1985 -17.08 % change on previous year +80.8%
1986 -4.38 % change on previous year -74.4%
1987 -13.87 % change on previous year +217.0%
1988 -11.59 % change on previous year -16.5%
1989 4.42 % change on previous year -138.1%
1990 21.24 % change on previous year +380.7%
1991 28.13 % change on previous year +32.4%
1992 -22.51 % change on previous year -180.0%
1993 -11.64 % change on previous year -48.3%
1994 -13.82 % change on previous year +18.8%
1995 -4.8 % change on previous year -65.3%
1996 -1.26 % change on previous year -73.7%
1997 10.92 % change on previous year -965.3%
1998 9.66 % change on previous year -11.6%
1999 1.36 % change on previous year -85.9%
2000 3.4 % change on previous year +149.0%
2001 -1.95 % change on previous year -157.5%
2002 -10.32 % change on previous year +428.6%
2003 -0.2168 % change on previous year -97.9%
2004 10.86 % change on previous year -5108.2%
2005 5.82 % change on previous year -46.4%
2006 15.27 % change on previous year +162.4%
2007 15.01 % change on previous year -1.7%
2008 3.08 % change on previous year -79.5%
2009 9.18 % change on previous year +197.9%
2010 1.17 % change on previous year -87.2%
2011 9.89 % change on previous year +743.9%
2012 16.97 % change on previous year +71.6%
2013 11.3 % change on previous year -33.4%
2014 19.49 % change on previous year +72.4%
2015 -0.6604 % change on previous year -103.4%
2016 -5.99 % change on previous year +806.5%
2017 12.72 % change on previous year -312.6%
2018 -4.81 % change on previous year -137.8%
2019 -2.31 % change on previous year -51.8%
2020 -6.44 % change on previous year +178.2%
2021 0.4737 % change on previous year -107.4%
2022 2.88 % change on previous year +508.5%
2023 4.97 % change on previous year +72.6%

Saudi Arabia compared with similar countries

  • Saudi Arabia's 4.97 % change on previous year is below the median for high income countries, which is 5.57 % change on previous year, 89% of the median. (55 countries reporting)
  • Saudi Arabia's 4.97 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.53 % change on previous year, 90% of the median. (22 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in Saudi Arabia 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
1949 +5395.5% -0.4649 % change on previous year 24.62 % change on previous year
2004 +5108.2% -0.2168 % change on previous year 10.86 % change on previous year
1978 +2866.8% 0.7481 % change on previous year 22.2 % change on previous year
1957 -1593.5% 1.19 % change on previous year -17.73 % change on previous year
1940 +1557.6% 1.13 % change on previous year 18.8 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1930s 11.8 % change on previous year 1.13 % change on previous year 29.49 % change on previous year 7
1940s 4.76 % change on previous year -12.3 % change on previous year 24.62 % change on previous year 10
1950s 22.2 % change on previous year -23.13 % change on previous year 241.75 % change on previous year 10
1960s 17.85 % change on previous year -7.71 % change on previous year 85.33 % change on previous year 10
1970s 37.23 % change on previous year 0.7481 % change on previous year 145.92 % change on previous year 10
1980s -3.14 % change on previous year -17.08 % change on previous year 13.77 % change on previous year 10
1990s 1.73 % change on previous year -22.51 % change on previous year 28.13 % change on previous year 10
2000s 5.01 % change on previous year -10.32 % change on previous year 15.27 % change on previous year 10
2010s 5.78 % change on previous year -5.99 % change on previous year 19.49 % change on previous year 10
2020s 0.473 % change on previous year -6.44 % change on previous year 4.97 % change on previous year 4

Countries ranked near Saudi Arabia

  1. 88 Mauritius 5.16 % change on previous year compare
  2. 89 Zambia 5.15 % change on previous year compare
  3. 90 Croatia 5.13 % change on previous year compare
  4. 92 Chad 4.88 % change on previous year compare
  5. 93 Cote d'Ivoire 4.81 % change on previous year compare
  6. 94 United Kingdom 4.8 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Saudi Arabia

All data for Saudi Arabia →

Frequently asked questions

What is military spending, annual growth rate in Saudi Arabia?
Military spending, annual growth rate in Saudi Arabia was 4.97 % change on previous year in 2023, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Saudi Arabia?
The highest recorded value was 241.75 % change on previous year in 1954.
What is the lowest military spending, annual growth rate recorded in Saudi Arabia?
The lowest recorded value was -23.13 % change on previous year in 1959.
How does Saudi Arabia rank for military spending, annual growth rate?
Saudi Arabia ranks 91st out of 172 countries with data for 2023.
Is military spending, annual growth rate rising or falling in Saudi Arabia?
Over the last ten years it is down 56.0%. The long-run trend across the full record is volatile.
Where does this Saudi Arabia 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.

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

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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.