Military spending gmsd in Georgia

Georgia: Military spending gmsd was 498.02 million in 2023. ◆ Volatile

Latest (2023)
498.02 million
Change on year
up 12.9%
World rank
113th
of 172 countries
All-time high
1.37 billion
in 1993
All-time low
3.54 million
in 1991
Years of data
33
1991–2023

Military spending gmsd in Georgia, 1991–2023

0500.0M1.0B1.5B1991200720231991: 3.5M1992: 1.3B1993: 1.4B1994: 163.7M1995: 151.5M1996: 137.5M1997: 129.8M1998: 123.7M1999: 117.9M2000: 134.4M2001: 205.4M2002: 300.5M2003: 320.1M2004: 330.8M2005: 339.3M2006: 465.7M2007: 808.4M2008: 998.2M2009: 751.2M2010: 585.8M2011: 532.6M2012: 486.8M2013: 463.6M2014: 439.9M2015: 374.2M2016: 370.1M2017: 390.9M2018: 400.8M2019: 416.6M2020: 398.6M2021: 420.0M2022: 441.3M2023: 498.0M

Source: Our World in Data.

Analysis

Georgia recorded 498.02 million for military spending gmsd in 2023.

That represents a change of up 12.9% on the previous year and up 7.4% over ten years.

Over the whole period, military spending gmsd in Georgia peaked at 1.37 billion in 1993 and was at its lowest, 3.54 million, in 1991.

That places Georgia 113th 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 Georgia, year by year

Annual values for Military spending gmsd in Georgia, 1991 to 2023.
Year Value Change
1991 3.54 million —
1992 1.33 billion +37420.9%
1993 1.37 billion +2.9%
1994 163.67 million -88.0%
1995 151.46 million -7.5%
1996 137.50 million -9.2%
1997 129.84 million -5.6%
1998 123.74 million -4.7%
1999 117.91 million -4.7%
2000 134.44 million +14.0%
2001 205.44 million +52.8%
2002 300.46 million +46.3%
2003 320.10 million +6.5%
2004 330.77 million +3.3%
2005 339.31 million +2.6%
2006 465.74 million +37.3%
2007 808.41 million +73.6%
2008 998.24 million +23.5%
2009 751.17 million -24.8%
2010 585.84 million -22.0%
2011 532.62 million -9.1%
2012 486.82 million -8.6%
2013 463.61 million -4.8%
2014 439.87 million -5.1%
2015 374.17 million -14.9%
2016 370.12 million -1.1%
2017 390.92 million +5.6%
2018 400.81 million +2.5%
2019 416.57 million +3.9%
2020 398.58 million -4.3%
2021 420.02 million +5.4%
2022 441.30 million +5.1%
2023 498.02 million +12.9%

Georgia compared with similar countries

  • Georgia's 498.02 million is below the median for upper middle income countries, which is 1.25 billion, 40% of the median. (49 countries reporting)
  • Georgia's 498.02 million is below the median for Europe & Central Asia, which is 2.44 billion, 20% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd in Georgia 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
1992 +37420.9% 3.54 million 1.33 billion
1994 -88.0% 1.37 billion 163.67 million

Averages by decade

DecadeAverage LowestHighest Years
1990s 391.07 million 3.54 million 1.37 billion 9
2000s 465.41 million 134.44 million 998.24 million 10
2010s 446.13 million 370.12 million 585.84 million 10
2020s 439.48 million 398.58 million 498.02 million 4

Countries ranked near Georgia

  1. 110 Senegal 527.57 million compare
  2. 111 El Salvador 509.92 million compare
  3. 112 Guinea 507.79 million compare
  4. 114 Guatemala 494.92 million compare
  5. 115 Paraguay 476.41 million compare
  6. 116 Namibia 463.26 million compare

See the full ranking of 172 places →

More reference data data for Georgia

All data for Georgia →

Frequently asked questions

What is military spending gmsd in Georgia?
Military spending gmsd in Georgia was 498.02 million in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Georgia?
The highest recorded value was 1.37 billion in 1993.
What is the lowest military spending gmsd recorded in Georgia?
The lowest recorded value was 3.54 million in 1991.
How does Georgia rank for military spending gmsd?
Georgia ranks 113th out of 172 countries with data for 2023.
Is military spending gmsd rising or falling in Georgia?
Over the last ten years it is up 7.4%. The long-run trend across the full record is volatile.
Where does this Georgia 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 Georgia. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/georgia/

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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