Military spending, gaps filled in Nepal

Nepal: Military spending, gaps filled was 429.02 million constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
429.02 million constant 2024 US$
Change on year
down 1.6%
World rank
112th
of 162 countries
All-time high
495.78 million constant 2024 US$
in 2017
All-time low
22.52 million constant 2024 US$
in 1970
Years of data
56
1970–2025

Military spending, gaps filled in Nepal, 1970–2025

0100.0M200.0M300.0M400.0M500.0M197019972025

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

Analysis

Nepal recorded 429.02 million constant 2024 US$ for military spending, gaps filled in 2025.

Compared with earlier readings it is down 1.6% on the previous year and up 5.8% over ten years.

Over the whole period, military spending, gaps filled in Nepal peaked at 495.78 million constant 2024 US$ in 2017 and was at its lowest, 22.52 million constant 2024 US$, in 1970.

Nepal ranks 112th of 162 countries on this measure, in the middle of the range.

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

Military spending, gaps filled in Nepal, year by year

Annual values for Military spending, gaps filled in Nepal, 1970 to 2025.
Year constant 2024 US$ Change
1970 22.52 million constant 2024 US$
1971 26.11 million constant 2024 US$ +15.9%
1972 26.60 million constant 2024 US$ +1.8%
1973 27.15 million constant 2024 US$ +2.1%
1974 26.99 million constant 2024 US$ -0.6%
1975 32.58 million constant 2024 US$ +20.7%
1976 43.09 million constant 2024 US$ +32.3%
1977 43.60 million constant 2024 US$ +1.2%
1978 44.30 million constant 2024 US$ +1.6%
1979 49.32 million constant 2024 US$ +11.3%
1980 49.92 million constant 2024 US$ +1.2%
1981 50.49 million constant 2024 US$ +1.1%
1982 56.33 million constant 2024 US$ +11.6%
1983 62.80 million constant 2024 US$ +11.5%
1984 69.41 million constant 2024 US$ +10.5%
1985 74.43 million constant 2024 US$ +7.2%
1986 74.02 million constant 2024 US$ -0.6%
1987 75.05 million constant 2024 US$ +1.4%
1988 77.53 million constant 2024 US$ +3.3%
1989 84.42 million constant 2024 US$ +8.9%
1990 87.95 million constant 2024 US$ +4.2%
1991 90.19 million constant 2024 US$ +2.5%
1992 93.69 million constant 2024 US$ +3.9%
1993 97.68 million constant 2024 US$ +4.3%
1994 97.08 million constant 2024 US$ -0.6%
1995 96.00 million constant 2024 US$ -1.1%
1996 95.50 million constant 2024 US$ -0.5%
1997 101.17 million constant 2024 US$ +5.9%
1998 102.67 million constant 2024 US$ +1.5%
1999 111.02 million constant 2024 US$ +8.1%
2000 122.07 million constant 2024 US$ +10.0%
2001 157.88 million constant 2024 US$ +29.3%
2002 210.17 million constant 2024 US$ +33.1%
2003 234.29 million constant 2024 US$ +11.5%
2004 279.79 million constant 2024 US$ +19.4%
2005 309.37 million constant 2024 US$ +10.6%
2006 291.13 million constant 2024 US$ -5.9%
2007 280.23 million constant 2024 US$ -3.7%
2008 295.45 million constant 2024 US$ +5.4%
2009 331.38 million constant 2024 US$ +12.2%
2010 347.65 million constant 2024 US$ +4.9%
2011 359.39 million constant 2024 US$ +3.4%
2012 340.94 million constant 2024 US$ -5.1%
2013 373.67 million constant 2024 US$ +9.6%
2014 422.33 million constant 2024 US$ +13.0%
2015 405.58 million constant 2024 US$ -4.0%
2016 430.89 million constant 2024 US$ +6.2%
2017 495.78 million constant 2024 US$ +15.1%
2018 486.44 million constant 2024 US$ -1.9%
2019 471.00 million constant 2024 US$ -3.2%
2020 483.82 million constant 2024 US$ +2.7%
2021 477.69 million constant 2024 US$ -1.3%
2022 478.84 million constant 2024 US$ +0.2%
2023 470.72 million constant 2024 US$ -1.7%
2024 436.04 million constant 2024 US$ -7.4%
2025 429.02 million constant 2024 US$ -1.6%

Nepal compared with similar countries

  • Nepal's 429.02 million constant 2024 US$ is below the median for lower middle income countries, which is 557.82 million constant 2024 US$, 77% of the median. (39 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 34.22 million constant 2024 US$ 22.52 million constant 2024 US$ 49.32 million constant 2024 US$ 10
1980s 67.44 million constant 2024 US$ 49.92 million constant 2024 US$ 84.42 million constant 2024 US$ 10
1990s 97.30 million constant 2024 US$ 87.95 million constant 2024 US$ 111.02 million constant 2024 US$ 10
2000s 251.18 million constant 2024 US$ 122.07 million constant 2024 US$ 331.38 million constant 2024 US$ 10
2010s 413.37 million constant 2024 US$ 340.94 million constant 2024 US$ 495.78 million constant 2024 US$ 10
2020s 462.69 million constant 2024 US$ 429.02 million constant 2024 US$ 483.82 million constant 2024 US$ 6

Countries ranked near Nepal

  1. 109 El Salvador 488.54 million constant 2024 US$ compare
  2. 110 Niger 449.94 million constant 2024 US$ compare
  3. 111 Mozambique 445.67 million constant 2024 US$ compare
  4. 113 Paraguay 405.76 million constant 2024 US$ compare
  5. 114 Namibia 386.27 million constant 2024 US$ compare
  6. 115 Ghana 385.16 million constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Nepal

All data for Nepal →

Frequently asked questions

What is military spending, gaps filled in Nepal?
Military spending, gaps filled in Nepal was 429.02 million constant 2024 US$ in 2025, according to Statizoid (derived).
What is the highest military spending, gaps filled recorded in Nepal?
The highest recorded value was 495.78 million constant 2024 US$ in 2017.
What is the lowest military spending, gaps filled recorded in Nepal?
The lowest recorded value was 22.52 million constant 2024 US$ in 1970.
How does Nepal rank for military spending, gaps filled?
Nepal ranks 112th out of 162 countries with data for 2025.
Is military spending, gaps filled rising or falling in Nepal?
Over the last ten years it is up 5.8%. The long-run trend across the full record is volatile.
Where does this Nepal 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 Nepal. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-gaps-filled/nepal/

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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.