Military spending gmsd in Bangladesh

Bangladesh: Military spending gmsd was 5.34 billion in 2023. ◆ Volatile

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

Military spending gmsd in Bangladesh, 1971–2023

02.0B4.0B6.0B197119972023

Source: Our World in Data.

Analysis

Bangladesh recorded 5.34 billion for military spending gmsd 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 gmsd in Bangladesh peaked at 5.35 billion in 2022 and was at its lowest, 149.24 million, 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 gmsd in Bangladesh, year by year

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

Bangladesh compared with similar countries

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

Biggest year-on-year movements

Years where Military spending gmsd 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 343.88 million

Averages by decade

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

Countries ranked near Bangladesh

  1. 44 Philippines 6.33 billion compare
  2. 45 Chile 6.31 billion compare
  3. 46 Morocco 6.18 billion compare
  4. 48 Czechia 5.11 billion compare
  5. 49 Austria 5.11 billion compare
  6. 50 Egypt 4.83 billion 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 gmsd in Bangladesh?
Military spending gmsd in Bangladesh was 5.34 billion in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Bangladesh?
The highest recorded value was 5.35 billion in 2022.
What is the lowest military spending gmsd recorded in Bangladesh?
The lowest recorded value was 149.24 million in 1973.
How does Bangladesh rank for military spending gmsd?
Bangladesh ranks 47th out of 172 countries with data for 2023.
Is military spending gmsd 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 Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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Military spending gmsd in Bangladesh. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/bangladesh/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed