Military spending, annual growth rate in Sierra Leone

Sierra Leone: Military spending, annual growth rate was 2.02 % change on previous year in 2023. ◆ Volatile

Latest (2023)
2.02 % change on previous year
Change on year
down 62.3%
World rank
134th
of 172 countries
All-time high
124.37 % change on previous year
in 1991
All-time low
-37.88 % change on previous year
in 1998
Years of data
62
1962–2023

Military spending, annual growth rate in Sierra Leone, 1962–2023

-50050100196219922023

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

Analysis

The most recent figure for military spending, annual growth rate in Sierra Leone is 2.02 % change on previous year, measured in 2023.

Compared with earlier readings it is down 62.3% on the previous year and down 74.9% over ten years.

Over the whole period, military spending, annual growth rate in Sierra Leone peaked at 124.37 % change on previous year in 1991 and was at its lowest, -37.88 % change on previous year, in 1998.

Sierra Leone ranks 134th of 172 countries on this measure, in the bottom quarter.

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

Military spending, annual growth rate in Sierra Leone, year by year

Annual values for Military spending, annual growth rate in Sierra Leone, 1962 to 2023.
Year % change on previous year Change
1962 3.8 % change on previous year
1963 2.82 % change on previous year -25.8%
1964 -1.58 % change on previous year -155.9%
1965 8.73 % change on previous year -653.8%
1966 -6.05 % change on previous year -169.3%
1967 -6.72 % change on previous year +11.2%
1968 -0.9565 % change on previous year -85.8%
1969 18.61 % change on previous year -2045.8%
1970 5.72 % change on previous year -69.2%
1971 9.15 % change on previous year +59.9%
1972 0.7507 % change on previous year -91.8%
1973 11.66 % change on previous year +1453.4%
1974 1.65 % change on previous year -85.8%
1975 -3.08 % change on previous year -286.3%
1976 3.63 % change on previous year -217.9%
1977 12.36 % change on previous year +240.6%
1978 13.06 % change on previous year +5.6%
1979 15.99 % change on previous year +22.5%
1980 -10.39 % change on previous year -164.9%
1981 -12.18 % change on previous year +17.2%
1982 -13.55 % change on previous year +11.3%
1983 -25.04 % change on previous year +84.8%
1984 -21.42 % change on previous year -14.4%
1985 -21.53 % change on previous year +0.5%
1986 9.2 % change on previous year -142.7%
1987 -13.15 % change on previous year -243.0%
1988 1.26 % change on previous year -109.6%
1989 22.7 % change on previous year +1695.4%
1990 -6.05 % change on previous year -126.7%
1991 124.37 % change on previous year -2154.5%
1992 29.67 % change on previous year -76.1%
1993 -18.22 % change on previous year -161.4%
1994 107.97 % change on previous year -692.7%
1995 -6.35 % change on previous year -105.9%
1996 -16.5 % change on previous year +160.0%
1997 -4.96 % change on previous year -70.0%
1998 -37.88 % change on previous year +664.3%
1999 -27.57 % change on previous year -27.2%
2000 37.4 % change on previous year -235.7%
2001 20.75 % change on previous year -44.5%
2002 17.81 % change on previous year -14.2%
2003 0.9348 % change on previous year -94.8%
2004 -5.09 % change on previous year -644.1%
2005 -8.08 % change on previous year +58.8%
2006 -0.0643 % change on previous year -99.2%
2007 -14.26 % change on previous year +22062.8%
2008 -23.7 % change on previous year +66.3%
2009 -13.34 % change on previous year -43.7%
2010 1.29 % change on previous year -109.7%
2011 -3.25 % change on previous year -351.2%
2012 5.53 % change on previous year -270.4%
2013 8.04 % change on previous year +45.4%
2014 5.79 % change on previous year -28.0%
2015 4.56 % change on previous year -21.2%
2016 -4.42 % change on previous year -197.0%
2017 6.74 % change on previous year -252.4%
2018 -6.76 % change on previous year -200.4%
2019 -1.28 % change on previous year -81.1%
2020 1 % change on previous year -178.4%
2021 22.34 % change on previous year +2132.0%
2022 5.36 % change on previous year -76.0%
2023 2.02 % change on previous year -62.3%

Sierra Leone compared with similar countries

  • Sierra Leone's 2.02 % change on previous year is below the median for low income countries, which is 7.99 % change on previous year, 25% of the median. (25 countries reporting)
  • Sierra Leone's 2.02 % change on previous year is below the median for Sub-Saharan Africa, which is 5.01 % change on previous year, 40% of the median. (46 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in Sierra Leone 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
2007 -22062.8% -0.0643 % change on previous year -14.26 % change on previous year
1991 +2154.5% -6.05 % change on previous year 124.37 % change on previous year
2021 +2132.0% 1 % change on previous year 22.34 % change on previous year
1969 +2045.8% -0.9565 % change on previous year 18.61 % change on previous year
1989 +1695.4% 1.26 % change on previous year 22.7 % change on previous year
1973 +1453.4% 0.7507 % change on previous year 11.66 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.33 % change on previous year -6.72 % change on previous year 18.61 % change on previous year 8
1970s 7.09 % change on previous year -3.08 % change on previous year 15.99 % change on previous year 10
1980s -8.41 % change on previous year -25.04 % change on previous year 22.7 % change on previous year 10
1990s 14.45 % change on previous year -37.88 % change on previous year 124.37 % change on previous year 10
2000s 1.24 % change on previous year -23.7 % change on previous year 37.4 % change on previous year 10
2010s 1.62 % change on previous year -6.76 % change on previous year 8.04 % change on previous year 10
2020s 7.68 % change on previous year 1 % change on previous year 22.34 % change on previous year 4

Countries ranked near Sierra Leone

  1. 131 Malaysia 2.3 % change on previous year compare
  2. 132 Vietnam 2.23 % change on previous year compare
  3. 133 Mauritania 2.18 % change on previous year compare
  4. 135 Namibia 2.01 % change on previous year compare
  5. 136 Australia 1.79 % change on previous year compare
  6. 137 Maldives 1.79 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Sierra Leone

All data for Sierra Leone →

Frequently asked questions

What is military spending, annual growth rate in Sierra Leone?
Military spending, annual growth rate in Sierra Leone was 2.02 % change on previous year in 2023, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Sierra Leone?
The highest recorded value was 124.37 % change on previous year in 1991.
What is the lowest military spending, annual growth rate recorded in Sierra Leone?
The lowest recorded value was -37.88 % change on previous year in 1998.
How does Sierra Leone rank for military spending, annual growth rate?
Sierra Leone ranks 134th out of 172 countries with data for 2023.
Is military spending, annual growth rate rising or falling in Sierra Leone?
Over the last ten years it is down 74.9%. The long-run trend across the full record is volatile.
Where does this Sierra Leone 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 Sierra Leone. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/sierra-leone/

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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.