Military spending, annual growth rate in Sri Lanka
Sri Lanka: Military spending, annual growth rate was -2.14 % change on previous year in 2023. ◆ Volatile
Latest (2023)
-2.14 % change on previous year
Change on year
up 79.4%
World rank
160th
of 172 countries
All-time high
126.71 % change on previous year
in 1985
All-time low
-30.57 % change on previous year
in 2002
Years of data
75
1949–2023
Military spending, annual growth rate in Sri Lanka, 1949–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for military spending, annual growth rate in Sri Lanka is -2.14 % change on previous year, measured in 2023.
That represents a change of up 79.4% on the previous year and down 124.9% over ten years.
Over the whole period, military spending, annual growth rate in Sri Lanka peaked at 126.71 % change on previous year in 1985 and was at its lowest, -30.57 % change on previous year, in 2002.
Sri Lanka ranks 160th 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 Sri Lanka, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1949 | -13.14 % change on previous year | — |
| 1950 | -9.45 % change on previous year | -28.1% |
| 1951 | 44.06 % change on previous year | -566.1% |
| 1952 | 34.89 % change on previous year | -20.8% |
| 1953 | 33.86 % change on previous year | -3.0% |
| 1954 | 53.91 % change on previous year | +59.2% |
| 1955 | -1.15 % change on previous year | -102.1% |
| 1956 | 24.32 % change on previous year | -2219.6% |
| 1957 | 28.76 % change on previous year | +18.2% |
| 1958 | 29.28 % change on previous year | +1.8% |
| 1959 | 2.42 % change on previous year | -91.7% |
| 1960 | -4.06 % change on previous year | -267.9% |
| 1961 | 4.6 % change on previous year | -213.3% |
| 1962 | -5.26 % change on previous year | -214.5% |
| 1963 | -6.44 % change on previous year | +22.4% |
| 1964 | -4.05 % change on previous year | -37.0% |
| 1965 | -1.68 % change on previous year | -58.5% |
| 1966 | -4.74 % change on previous year | +182.1% |
| 1967 | -3.39 % change on previous year | -28.4% |
| 1968 | -6.74 % change on previous year | +98.5% |
| 1969 | 0.4188 % change on previous year | -106.2% |
| 1970 | 8.25 % change on previous year | +1870.2% |
| 1971 | 66.66 % change on previous year | +707.8% |
| 1972 | -11.87 % change on previous year | -117.8% |
| 1973 | -18.96 % change on previous year | +59.7% |
| 1974 | -7.75 % change on previous year | -59.1% |
| 1975 | -1.33 % change on previous year | -82.8% |
| 1976 | -2.82 % change on previous year | +111.1% |
| 1977 | -1.25 % change on previous year | -55.7% |
| 1978 | 4.43 % change on previous year | -455.2% |
| 1979 | 31.83 % change on previous year | +617.7% |
| 1980 | 3.27 % change on previous year | -89.7% |
| 1981 | 5.89 % change on previous year | +80.1% |
| 1982 | 8.17 % change on previous year | +38.8% |
| 1983 | 19.27 % change on previous year | +135.8% |
| 1984 | 13.92 % change on previous year | -27.8% |
| 1985 | 126.71 % change on previous year | +810.3% |
| 1986 | 33.68 % change on previous year | -73.4% |
| 1987 | -0.0778 % change on previous year | -100.2% |
| 1988 | -5.36 % change on previous year | +6787.7% |
| 1989 | -3.93 % change on previous year | -26.7% |
| 1990 | 23.07 % change on previous year | -687.1% |
| 1991 | 7.43 % change on previous year | -67.8% |
| 1992 | 3.36 % change on previous year | -54.7% |
| 1993 | 7.68 % change on previous year | +128.3% |
| 1994 | 4.96 % change on previous year | -35.4% |
| 1995 | 47.86 % change on previous year | +865.6% |
| 1996 | 13.11 % change on previous year | -72.6% |
| 1997 | -3.99 % change on previous year | -130.4% |
| 1998 | 4.12 % change on previous year | -203.2% |
| 1999 | -17.03 % change on previous year | -513.7% |
| 2000 | 19.98 % change on previous year | -217.3% |
| 2001 | -13.89 % change on previous year | -169.5% |
| 2002 | -30.57 % change on previous year | +120.1% |
| 2003 | -1.85 % change on previous year | -93.9% |
| 2004 | 1.79 % change on previous year | -196.7% |
| 2005 | 3.24 % change on previous year | +81.0% |
| 2006 | 32.12 % change on previous year | +891.8% |
| 2007 | 42.29 % change on previous year | +31.7% |
| 2008 | 23.96 % change on previous year | -43.3% |
| 2009 | -5.67 % change on previous year | -123.6% |
| 2010 | 0.2299 % change on previous year | -104.1% |
| 2011 | 1.48 % change on previous year | +545.1% |
| 2012 | 1.34 % change on previous year | -9.3% |
| 2013 | 8.61 % change on previous year | +540.1% |
| 2014 | 0.2372 % change on previous year | -97.2% |
| 2015 | 5.08 % change on previous year | +2040.6% |
| 2016 | -0.2992 % change on previous year | -105.9% |
| 2017 | 0.2343 % change on previous year | -178.3% |
| 2018 | 0.495 % change on previous year | +111.3% |
| 2019 | -3.52 % change on previous year | -811.9% |
| 2020 | -8.34 % change on previous year | +136.8% |
| 2021 | -9.18 % change on previous year | +10.1% |
| 2022 | -10.39 % change on previous year | +13.1% |
| 2023 | -2.14 % change on previous year | -79.4% |
Sri Lanka compared with similar countries
- Sri Lanka's -2.14 % change on previous year is below the median for upper middle income countries, which is 5.16 % change on previous year. (49 countries reporting)
- Sri Lanka's -2.14 % change on previous year is below the median for South Asia, which is 1.6 % change on previous year. (6 countries reporting)
Biggest year-on-year movements
Years where Military spending, annual growth rate in Sri Lanka 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 |
|---|---|---|---|
| 1988 | -6787.7% | -0.0778 % change on previous year | -5.36 % change on previous year |
| 1956 | +2219.6% | -1.15 % change on previous year | 24.32 % change on previous year |
| 2015 | +2040.6% | 0.2372 % change on previous year | 5.08 % change on previous year |
| 1970 | +1870.2% | 0.4188 % change on previous year | 8.25 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1940s | -13.14 % change on previous year | -13.14 % change on previous year | -13.14 % change on previous year | 1 |
| 1950s | 24.09 % change on previous year | -9.45 % change on previous year | 53.91 % change on previous year | 10 |
| 1960s | -3.14 % change on previous year | -6.74 % change on previous year | 4.6 % change on previous year | 10 |
| 1970s | 6.72 % change on previous year | -18.96 % change on previous year | 66.66 % change on previous year | 10 |
| 1980s | 20.15 % change on previous year | -5.36 % change on previous year | 126.71 % change on previous year | 10 |
| 1990s | 9.06 % change on previous year | -17.03 % change on previous year | 47.86 % change on previous year | 10 |
| 2000s | 7.14 % change on previous year | -30.57 % change on previous year | 42.29 % change on previous year | 10 |
| 2010s | 1.39 % change on previous year | -3.52 % change on previous year | 8.61 % change on previous year | 10 |
| 2020s | -7.51 % change on previous year | -10.39 % change on previous year | -2.14 % change on previous year | 4 |
Countries ranked near Sri Lanka
- 157 Italy -0.5743 % change on previous year compare
- 158 Pakistan -1.09 % change on previous year compare
- 159 Barbados -1.17 % change on previous year compare
- 161 Bahamas -2.17 % change on previous year compare
- 162 Equatorial Guinea -2.77 % change on previous year compare
- 163 Laos -3.1 % change on previous year compare
More reference data data for Sri Lanka
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1608 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.316 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.33 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1784 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.33 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.539 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1604 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.63 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 10.15 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.9713 (2050)
Frequently asked questions
- What is military spending, annual growth rate in Sri Lanka?
- Military spending, annual growth rate in Sri Lanka was -2.14 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest military spending, annual growth rate recorded in Sri Lanka?
- The highest recorded value was 126.71 % change on previous year in 1985.
- What is the lowest military spending, annual growth rate recorded in Sri Lanka?
- The lowest recorded value was -30.57 % change on previous year in 2002.
- How does Sri Lanka rank for military spending, annual growth rate?
- Sri Lanka ranks 160th out of 172 countries with data for 2023.
- Is military spending, annual growth rate rising or falling in Sri Lanka?
- Over the last ten years it is down 124.9%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka 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 — 75 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.