Military spending, gaps filled in Nigeria

Nigeria: Military spending, gaps filled was 1.76 billion constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
1.76 billion constant 2024 US$
Change on year
up 54.8%
World rank
72nd
of 162 countries
All-time high
4.66 billion constant 2024 US$
in 1975
All-time low
119.86 million constant 2024 US$
in 1960
Years of data
66
1960–2025

Military spending, gaps filled in Nigeria, 1960–2025

01.0B2.0B3.0B4.0B5.0B196019922025

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

Analysis

In 2025, military spending, gaps filled in Nigeria stood at 1.76 billion constant 2024 US$.

That represents a change of up 54.8% on the previous year and up 48.5% over ten years.

Over the whole period, military spending, gaps filled in Nigeria peaked at 4.66 billion constant 2024 US$ in 1975 and was at its lowest, 119.86 million constant 2024 US$, in 1960.

Nigeria ranks 72nd 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 Nigeria, year by year

Annual values for Military spending, gaps filled in Nigeria, 1960 to 2025.
Year constant 2024 US$ Change
1960 119.86 million constant 2024 US$
1961 136.42 million constant 2024 US$ +13.8%
1962 177.07 million constant 2024 US$ +29.8%
1963 214.28 million constant 2024 US$ +21.0%
1964 253.65 million constant 2024 US$ +18.4%
1965 295.77 million constant 2024 US$ +16.6%
1966 227.85 million constant 2024 US$ -23.0%
1967 1.02 billion constant 2024 US$ +347.3%
1968 1.57 billion constant 2024 US$ +54.5%
1969 2.65 billion constant 2024 US$ +68.4%
1970 2.26 billion constant 2024 US$ -14.9%
1971 1.87 billion constant 2024 US$ -17.0%
1972 2.36 billion constant 2024 US$ +26.2%
1973 2.53 billion constant 2024 US$ +7.1%
1974 2.85 billion constant 2024 US$ +12.6%
1975 4.66 billion constant 2024 US$ +63.4%
1976 3.33 billion constant 2024 US$ -28.5%
1977 3.53 billion constant 2024 US$ +6.1%
1978 2.75 billion constant 2024 US$ -22.0%
1979 2.38 billion constant 2024 US$ -13.5%
1980 1.93 billion constant 2024 US$ -18.8%
1981 1.27 billion constant 2024 US$ -34.1%
1982 998.25 million constant 2024 US$ -21.7%
1983 858.54 million constant 2024 US$ -14.0%
1984 573.73 million constant 2024 US$ -33.2%
1985 561.35 million constant 2024 US$ -2.2%
1986 493.55 million constant 2024 US$ -12.1%
1987 396.09 million constant 2024 US$ -19.7%
1988 389.28 million constant 2024 US$ -1.7%
1989 264.43 million constant 2024 US$ -32.1%
1990 436.68 million constant 2024 US$ +65.1%
1991 418.66 million constant 2024 US$ -4.1%
1992 360.18 million constant 2024 US$ -14.0%
1993 486.87 million constant 2024 US$ +35.2%
1994 341.62 million constant 2024 US$ -29.8%
1995 393.52 million constant 2024 US$ +15.2%
1996 333.77 million constant 2024 US$ -15.2%
1997 359.03 million constant 2024 US$ +7.6%
1998 458.31 million constant 2024 US$ +27.7%
1999 775.61 million constant 2024 US$ +69.2%
2000 598.95 million constant 2024 US$ -22.8%
2001 853.04 million constant 2024 US$ +42.4%
2002 1.29 billion constant 2024 US$ +50.9%
2003 792.63 million constant 2024 US$ -38.4%
2004 772.19 million constant 2024 US$ -2.6%
2005 681.80 million constant 2024 US$ -11.7%
2006 710.66 million constant 2024 US$ +4.2%
2007 825.35 million constant 2024 US$ +16.1%
2008 1.16 billion constant 2024 US$ +40.5%
2009 1.20 billion constant 2024 US$ +3.9%
2010 1.41 billion constant 2024 US$ +17.4%
2011 1.57 billion constant 2024 US$ +11.3%
2012 1.39 billion constant 2024 US$ -11.9%
2013 1.33 billion constant 2024 US$ -3.9%
2014 1.21 billion constant 2024 US$ -9.1%
2015 1.18 billion constant 2024 US$ -2.5%
2016 1.14 billion constant 2024 US$ -3.4%
2017 1.09 billion constant 2024 US$ -4.4%
2018 1.29 billion constant 2024 US$ +18.0%
2019 1.18 billion constant 2024 US$ -8.3%
2020 1.52 billion constant 2024 US$ +28.7%
2021 2.38 billion constant 2024 US$ +56.4%
2022 1.48 billion constant 2024 US$ -37.9%
2023 1.78 billion constant 2024 US$ +20.4%
2024 1.13 billion constant 2024 US$ -36.2%
2025 1.76 billion constant 2024 US$ +54.7%

Nigeria compared with similar countries

  • Nigeria's 1.76 billion constant 2024 US$ is above the median for lower middle income countries, which is 557.82 million constant 2024 US$, 3.1× the median. (39 countries reporting)
  • Nigeria's 1.76 billion constant 2024 US$ is above the median for Sub-Saharan Africa, which is 336.91 million constant 2024 US$, 5.2× the median. (45 countries reporting)

Biggest year-on-year movements

Years where Military spending, gaps filled in Nigeria 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
1967 +347.3% 227.85 million constant 2024 US$ 1.02 billion constant 2024 US$

Averages by decade

DecadeAverage LowestHighest Years
1960s 667.09 million constant 2024 US$ 119.86 million constant 2024 US$ 2.65 billion constant 2024 US$ 10
1970s 2.85 billion constant 2024 US$ 1.87 billion constant 2024 US$ 4.66 billion constant 2024 US$ 10
1980s 774.42 million constant 2024 US$ 264.43 million constant 2024 US$ 1.93 billion constant 2024 US$ 10
1990s 436.43 million constant 2024 US$ 333.77 million constant 2024 US$ 775.61 million constant 2024 US$ 10
2000s 888.63 million constant 2024 US$ 598.95 million constant 2024 US$ 1.29 billion constant 2024 US$ 10
2010s 1.28 billion constant 2024 US$ 1.09 billion constant 2024 US$ 1.57 billion constant 2024 US$ 10
2020s 1.68 billion constant 2024 US$ 1.13 billion constant 2024 US$ 2.38 billion constant 2024 US$ 6

Countries ranked near Nigeria

  1. 69 Uruguay 1.91 billion constant 2024 US$ compare
  2. 70 Belarus 1.83 billion constant 2024 US$ compare
  3. 71 Uzbekistan 1.77 billion constant 2024 US$ compare
  4. 73 Armenia 1.65 billion constant 2024 US$ compare
  5. 74 Latvia 1.60 billion constant 2024 US$ compare
  6. 75 Libya 1.60 billion constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is military spending, gaps filled in Nigeria?
Military spending, gaps filled in Nigeria was 1.76 billion constant 2024 US$ in 2025, according to Statizoid (derived).
What is the highest military spending, gaps filled recorded in Nigeria?
The highest recorded value was 4.66 billion constant 2024 US$ in 1975.
What is the lowest military spending, gaps filled recorded in Nigeria?
The lowest recorded value was 119.86 million constant 2024 US$ in 1960.
How does Nigeria rank for military spending, gaps filled?
Nigeria ranks 72nd out of 162 countries with data for 2025.
Is military spending, gaps filled rising or falling in Nigeria?
Over the last ten years it is up 48.5%. The long-run trend across the full record is volatile.
Where does this Nigeria 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 Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-gaps-filled/nigeria/

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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.