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.

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.

Download this data

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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.