Military spending in Eritrea

Eritrea: Military spending was 96.47 million constant 2022 US$ in 2016. ◆ Volatile

Latest (2016)
96.47 million constant 2022 US$
Change on year
down 9.6%
World rank
149th
of 172 countries
All-time high
545.04 million constant 2022 US$
in 1999
All-time low
89.97 million constant 2022 US$
in 2011
Years of data
24
1993–2016

Military spending in Eritrea, 1993–2016

100.0M200.0M300.0M400.0M500.0M1993200420161993: 164.6M constant 2022 US$1994: 142.0M constant 2022 US$1995: 146.1M constant 2022 US$1996: 163.0M constant 2022 US$1997: 208.1M constant 2022 US$1998: 531.4M constant 2022 US$1999: 545.0M constant 2022 US$2000: 350.6M constant 2022 US$2001: 312.1M constant 2022 US$2002: 273.6M constant 2022 US$2003: 204.0M constant 2022 US$2004: 116.8M constant 2022 US$2005: 95.8M constant 2022 US$2006: 93.1M constant 2022 US$2007: 94.1M constant 2022 US$2008: 93.9M constant 2022 US$2009: 91.4M constant 2022 US$2010: 93.0M constant 2022 US$2011: 90.0M constant 2022 US$2012: 90.3M constant 2022 US$2013: 91.4M constant 2022 US$2014: 96.4M constant 2022 US$2015: 106.7M constant 2022 US$2016: 96.5M constant 2022 US$

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

Analysis

The most recent figure for military spending in Eritrea is 96.47 million constant 2022 US$, measured in 2016.

That represents a change of down 9.6% on the previous year and up 3.6% over ten years.

Over the whole period, military spending in Eritrea peaked at 545.04 million constant 2022 US$ in 1999 and was at its lowest, 89.97 million constant 2022 US$, in 2011.

Eritrea ranks 149th of 172 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 271.49 million constant 2022 US$ 142.02 million constant 2022 US$ 545.04 million constant 2022 US$ 7
2000s 172.53 million constant 2022 US$ 91.37 million constant 2022 US$ 350.57 million constant 2022 US$ 10
2010s 94.88 million constant 2022 US$ 89.97 million constant 2022 US$ 106.74 million constant 2022 US$ 7

Countries ranked near Eritrea

  1. 146 Papua New Guinea 116.43 million constant 2022 US$ compare
  2. 147 Nicaragua 110.71 million constant 2022 US$ compare
  3. 148 Guyana 106.79 million constant 2022 US$ compare
  4. 150 Eswatini 91.46 million constant 2022 US$ compare
  5. 151 Fiji 87.78 million constant 2022 US$ compare
  6. 152 Moldova 82.38 million constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Eritrea

All data for Eritrea →

Frequently asked questions

What is military spending in Eritrea?
Military spending in Eritrea was 96.47 million constant 2022 US$ in 2016, 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 Eritrea?
The highest recorded value was 545.04 million constant 2022 US$ in 1999.
What is the lowest military spending recorded in Eritrea?
The lowest recorded value was 89.97 million constant 2022 US$ in 2011.
How does Eritrea rank for military spending?
Eritrea ranks 149th out of 172 countries with data for 2016.
Is military spending rising or falling in Eritrea?
Over the last ten years it is up 3.6%. The long-run trend across the full record is volatile.
Where does this Eritrea 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 — 24 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.