Military spending in Bangladesh

Bangladesh: Military spending was 5.34 billion constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
5.34 billion constant 2022 US$
Change on year
down 0.3%
World rank
47th
of 172 countries
All-time high
5.35 billion constant 2022 US$
in 2022
All-time low
149.24 million constant 2022 US$
in 1973
Years of data
53
1971–2023

Military spending in Bangladesh, 1971–2023

02.0B4.0B6.0B197119972023

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

Analysis

Bangladesh recorded 5.34 billion constant 2022 US$ for military spending in 2023.

The figure is down 0.3% on the previous year and up 151.1% over ten years.

Over the whole period, military spending in Bangladesh peaked at 5.35 billion constant 2022 US$ in 2022 and was at its lowest, 149.24 million constant 2022 US$, in 1973.

That places Bangladesh 47th out of 172 countries with data for 2023, putting it in the middle of the range.

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

Military spending in Bangladesh, year by year

Annual values for Military spending in Bangladesh, 1971 to 2023.
Year constant 2022 US$ Change
1971 165.39 million constant 2022 US$
1972 177.60 million constant 2022 US$ +7.4%
1973 149.24 million constant 2022 US$ -16.0%
1974 185.38 million constant 2022 US$ +24.2%
1975 217.82 million constant 2022 US$ +17.5%
1976 343.88 million constant 2022 US$ +57.9%
1977 385.39 million constant 2022 US$ +12.1%
1978 409.51 million constant 2022 US$ +6.3%
1979 418.70 million constant 2022 US$ +2.2%
1980 417.42 million constant 2022 US$ -0.3%
1981 411.64 million constant 2022 US$ -1.4%
1982 500.12 million constant 2022 US$ +21.5%
1983 503.73 million constant 2022 US$ +0.7%
1984 534.12 million constant 2022 US$ +6.0%
1985 497.64 million constant 2022 US$ -6.8%
1986 553.90 million constant 2022 US$ +11.3%
1987 623.02 million constant 2022 US$ +12.5%
1988 605.24 million constant 2022 US$ -2.9%
1989 593.58 million constant 2022 US$ -1.9%
1990 607.62 million constant 2022 US$ +2.4%
1991 599.14 million constant 2022 US$ -1.4%
1992 681.85 million constant 2022 US$ +13.8%
1993 717.40 million constant 2022 US$ +5.2%
1994 865.58 million constant 2022 US$ +20.7%
1995 915.10 million constant 2022 US$ +5.7%
1996 995.41 million constant 2022 US$ +8.8%
1997 1.07 billion constant 2022 US$ +7.0%
1998 1.08 billion constant 2022 US$ +1.0%
1999 1.11 billion constant 2022 US$ +3.6%
2000 1.12 billion constant 2022 US$ +0.8%
2001 1.03 billion constant 2022 US$ -8.5%
2002 1.02 billion constant 2022 US$ -0.3%
2003 1.02 billion constant 2022 US$ -0.7%
2004 1.16 billion constant 2022 US$ +14.5%
2005 1.17 billion constant 2022 US$ +0.8%
2006 1.23 billion constant 2022 US$ +4.8%
2007 1.31 billion constant 2022 US$ +6.6%
2008 1.44 billion constant 2022 US$ +10.1%
2009 1.46 billion constant 2022 US$ +1.3%
2010 1.59 billion constant 2022 US$ +9.1%
2011 1.78 billion constant 2022 US$ +12.0%
2012 1.92 billion constant 2022 US$ +7.6%
2013 2.13 billion constant 2022 US$ +10.8%
2014 2.40 billion constant 2022 US$ +13.1%
2015 2.87 billion constant 2022 US$ +19.2%
2016 3.09 billion constant 2022 US$ +7.8%
2017 3.80 billion constant 2022 US$ +23.0%
2018 3.96 billion constant 2022 US$ +4.3%
2019 4.65 billion constant 2022 US$ +17.2%
2020 5.14 billion constant 2022 US$ +10.6%
2021 5.35 billion constant 2022 US$ +4.1%
2022 5.35 billion constant 2022 US$ +0.1%
2023 5.34 billion constant 2022 US$ -0.3%

Bangladesh compared with similar countries

  • Bangladesh's 5.34 billion constant 2022 US$ is above the median for lower middle income countries, which is 485.52 million constant 2022 US$, 11.0× the median. (42 countries reporting)
  • Bangladesh's 5.34 billion constant 2022 US$ is above the median for South Asia, which is 1.03 billion constant 2022 US$, 5.2× the median. (6 countries reporting)

Biggest year-on-year movements

Years where Military spending in Bangladesh 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
1976 +57.9% 217.82 million constant 2022 US$ 343.88 million constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1970s 272.55 million constant 2022 US$ 149.24 million constant 2022 US$ 418.70 million constant 2022 US$ 9
1980s 524.04 million constant 2022 US$ 411.64 million constant 2022 US$ 623.02 million constant 2022 US$ 10
1990s 863.63 million constant 2022 US$ 599.14 million constant 2022 US$ 1.11 billion constant 2022 US$ 10
2000s 1.20 billion constant 2022 US$ 1.02 billion constant 2022 US$ 1.46 billion constant 2022 US$ 10
2010s 2.82 billion constant 2022 US$ 1.59 billion constant 2022 US$ 4.65 billion constant 2022 US$ 10
2020s 5.30 billion constant 2022 US$ 5.14 billion constant 2022 US$ 5.35 billion constant 2022 US$ 4

Countries ranked near Bangladesh

  1. 44 Philippines 6.33 billion constant 2022 US$ compare
  2. 45 Chile 6.31 billion constant 2022 US$ compare
  3. 46 Morocco 6.18 billion constant 2022 US$ compare
  4. 48 Czechia 5.11 billion constant 2022 US$ compare
  5. 49 Austria 5.11 billion constant 2022 US$ compare
  6. 50 Egypt 4.83 billion constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Bangladesh

All data for Bangladesh →

Frequently asked questions

What is military spending in Bangladesh?
Military spending in Bangladesh was 5.34 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 Bangladesh?
The highest recorded value was 5.35 billion constant 2022 US$ in 2022.
What is the lowest military spending recorded in Bangladesh?
The lowest recorded value was 149.24 million constant 2022 US$ in 1973.
How does Bangladesh rank for military spending?
Bangladesh ranks 47th out of 172 countries with data for 2023.
Is military spending rising or falling in Bangladesh?
Over the last ten years it is up 151.1%. The long-run trend across the full record is volatile.
Where does this Bangladesh 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.

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Military spending in Bangladesh. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/bangladesh/

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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.