Military spending, gaps filled in Liberia

Liberia: Military spending, gaps filled was 40.26 million constant 2024 US$ in 2025. ▲ Rising

Latest (2025)
40.26 million constant 2024 US$
Change on year
up 19.0%
World rank
148th
of 162 countries
All-time high
67.65 million constant 2024 US$
in 2023
All-time low
17.83 million constant 2024 US$
in 2020
Years of data
22
2004–2025

Military spending, gaps filled in Liberia, 2004–2025

20.0M30.0M40.0M50.0M60.0M70.0M2004201420252004: 25.0M constant 2024 US$2005: 58.8M constant 2024 US$2006: 25.8M constant 2024 US$2007: 19.5M constant 2024 US$2008: 20.4M constant 2024 US$2009: 34.9M constant 2024 US$2010: 38.7M constant 2024 US$2011: 56.0M constant 2024 US$2012: 60.0M constant 2024 US$2013: 55.5M constant 2024 US$2014: 48.6M constant 2024 US$2015: 45.9M constant 2024 US$2016: 41.9M constant 2024 US$2017: 33.8M constant 2024 US$2018: 27.1M constant 2024 US$2019: 20.9M constant 2024 US$2020: 17.8M constant 2024 US$2021: 38.1M constant 2024 US$2022: 62.2M constant 2024 US$2023: 67.7M constant 2024 US$2024: 33.8M constant 2024 US$2025: 40.3M constant 2024 US$

Source: Statizoid (derived). Measured in constant 2024 US$.

Analysis

Liberia recorded 40.26 million constant 2024 US$ for military spending, gaps filled in 2025.

That represents a change of up 19.0% on the previous year and down 12.3% over ten years.

Over the whole period, military spending, gaps filled in Liberia peaked at 67.65 million constant 2024 US$ in 2023 and was at its lowest, 17.83 million constant 2024 US$, in 2020.

Liberia ranks 148th of 162 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 22 years of available data.

Military spending, gaps filled in Liberia, year by year

Annual values for Military spending, gaps filled in Liberia, 2004 to 2025.
Year constant 2024 US$ Change
2004 25.02 million constant 2024 US$
2005 58.77 million constant 2024 US$ +135.0%
2006 25.81 million constant 2024 US$ -56.1%
2007 19.51 million constant 2024 US$ -24.4%
2008 20.35 million constant 2024 US$ +4.3%
2009 34.92 million constant 2024 US$ +71.6%
2010 38.73 million constant 2024 US$ +10.9%
2011 56.02 million constant 2024 US$ +44.6%
2012 59.97 million constant 2024 US$ +7.1%
2013 55.50 million constant 2024 US$ -7.5%
2014 48.58 million constant 2024 US$ -12.5%
2015 45.92 million constant 2024 US$ -5.5%
2016 41.94 million constant 2024 US$ -8.7%
2017 33.81 million constant 2024 US$ -19.4%
2018 27.15 million constant 2024 US$ -19.7%
2019 20.85 million constant 2024 US$ -23.2%
2020 17.83 million constant 2024 US$ -14.5%
2021 38.10 million constant 2024 US$ +113.7%
2022 62.19 million constant 2024 US$ +63.2%
2023 67.65 million constant 2024 US$ +8.8%
2024 33.83 million constant 2024 US$ -50.0%
2025 40.26 million constant 2024 US$ +19.0%

Liberia compared with similar countries

  • Liberia's 40.26 million constant 2024 US$ is below the median for low income countries, which is 193.28 million constant 2024 US$, 21% of the median. (22 countries reporting)
  • Liberia's 40.26 million constant 2024 US$ is below the median for Sub-Saharan Africa, which is 336.91 million constant 2024 US$, 12% of the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 30.73 million constant 2024 US$ 19.51 million constant 2024 US$ 58.77 million constant 2024 US$ 6
2010s 42.85 million constant 2024 US$ 20.85 million constant 2024 US$ 59.97 million constant 2024 US$ 10
2020s 43.31 million constant 2024 US$ 17.83 million constant 2024 US$ 67.65 million constant 2024 US$ 6

Countries ranked near Liberia

  1. 145 Central African Republic 68.03 million constant 2024 US$ compare
  2. 146 Djibouti 51.72 million constant 2024 US$ compare
  3. 147 East Timor 47.50 million constant 2024 US$ compare
  4. 149 Lesotho 37.25 million constant 2024 US$ compare
  5. 150 Belize 32.86 million constant 2024 US$ compare
  6. 151 Haiti 30.42 million constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Liberia

All data for Liberia →

Frequently asked questions

What is military spending, gaps filled in Liberia?
Military spending, gaps filled in Liberia was 40.26 million constant 2024 US$ in 2025, according to Statizoid (derived).
What is the highest military spending, gaps filled recorded in Liberia?
The highest recorded value was 67.65 million constant 2024 US$ in 2023.
What is the lowest military spending, gaps filled recorded in Liberia?
The lowest recorded value was 17.83 million constant 2024 US$ in 2020.
How does Liberia rank for military spending, gaps filled?
Liberia ranks 148th out of 162 countries with data for 2025.
Is military spending, gaps filled rising or falling in Liberia?
Over the last ten years it is down 12.3%. The long-run trend across the full record is rising.
Where does this Liberia data come from?
The figures come from Statizoid (derived), published as part of Military spending, gaps filled. Statizoid updates them automatically from the source API.

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

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How this figure is calculated

Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

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, gaps filled
Unit
constant 2024 US$
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
162 places, 8,449 data points, 1949–2025
Last refreshed

Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.