Military spending in Azerbaijan

Azerbaijan: Military spending was 3.76 billion constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
3.76 billion constant 2022 US$
Change on year
up 12.7%
World rank
57th
of 172 countries
All-time high
3.76 billion constant 2022 US$
in 2023
All-time low
156.34 million constant 2022 US$
in 1994
Years of data
33
1991–2023

Military spending in Azerbaijan, 1991–2023

01.0B2.0B3.0B4.0B1991200720231991: 426.3M constant 2022 US$1992: 186.0M constant 2022 US$1993: 203.6M constant 2022 US$1994: 156.3M constant 2022 US$1995: 160.8M constant 2022 US$1996: 179.6M constant 2022 US$1997: 203.0M constant 2022 US$1998: 234.6M constant 2022 US$1999: 288.5M constant 2022 US$2000: 532.2M constant 2022 US$2001: 737.9M constant 2022 US$2002: 850.5M constant 2022 US$2003: 951.9M constant 2022 US$2004: 886.3M constant 2022 US$2005: 658.4M constant 2022 US$2006: 901.8M constant 2022 US$2007: 1.2B constant 2022 US$2008: 1.9B constant 2022 US$2009: 1.9B constant 2022 US$2010: 1.9B constant 2022 US$2011: 2.2B constant 2022 US$2012: 2.3B constant 2022 US$2013: 2.4B constant 2022 US$2014: 2.5B constant 2022 US$2015: 2.2B constant 2022 US$2016: 1.9B constant 2022 US$2017: 2.0B constant 2022 US$2018: 2.1B constant 2022 US$2019: 2.4B constant 2022 US$2020: 2.9B constant 2022 US$2021: 3.1B constant 2022 US$2022: 3.3B constant 2022 US$2023: 3.8B constant 2022 US$

Source: Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

Azerbaijan recorded 3.76 billion constant 2022 US$ for military spending in 2023. That is the highest value across all 33 years on record.

The figure is up 12.7% on the previous year and up 54.9% over ten years.

Over the whole period, military spending in Azerbaijan peaked at 3.76 billion constant 2022 US$ in 2023 and was at its lowest, 156.34 million constant 2022 US$, in 1994.

Azerbaijan ranks 57th of 172 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s 226.52 million constant 2022 US$ 156.34 million constant 2022 US$ 426.25 million constant 2022 US$ 9
2000s 1.05 billion constant 2022 US$ 532.22 million constant 2022 US$ 1.90 billion constant 2022 US$ 10
2010s 2.20 billion constant 2022 US$ 1.92 billion constant 2022 US$ 2.50 billion constant 2022 US$ 10
2020s 3.28 billion constant 2022 US$ 2.93 billion constant 2022 US$ 3.76 billion constant 2022 US$ 4

Countries ranked near Azerbaijan

  1. 54 Argentina 4.45 billion constant 2022 US$ compare
  2. 55 Hungary 4.10 billion constant 2022 US$ compare
  3. 56 Nigeria 4.07 billion constant 2022 US$ compare
  4. 58 South Africa 3.63 billion constant 2022 US$ compare
  5. 59 New Zealand 3.61 billion constant 2022 US$ compare
  6. 60 Peru 3.56 billion constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is military spending in Azerbaijan?
Military spending in Azerbaijan was 3.76 billion constant 2022 US$ in 2023, according to Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in Azerbaijan?
The highest recorded value was 3.76 billion constant 2022 US$ in 2023.
What is the lowest military spending recorded in Azerbaijan?
The lowest recorded value was 156.34 million constant 2022 US$ in 1994.
How does Azerbaijan rank for military spending?
Azerbaijan ranks 57th out of 172 countries with data for 2023.
Is military spending rising or falling in Azerbaijan?
Over the last ten years it is up 54.9%. The long-run trend across the full record is volatile.
Where does this Azerbaijan data come from?
The figures come from Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.