Military spending in Georgia

Georgia: Military spending was 498.02 million constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
498.02 million constant 2022 US$
Change on year
up 12.9%
World rank
113th
of 172 countries
All-time high
1.37 billion constant 2022 US$
in 1993
All-time low
3.54 million constant 2022 US$
in 1991
Years of data
33
1991–2023

Military spending in Georgia, 1991–2023

0500.0M1.0B1.5B1991200720231991: 3.5M constant 2022 US$1992: 1.3B constant 2022 US$1993: 1.4B constant 2022 US$1994: 163.7M constant 2022 US$1995: 151.5M constant 2022 US$1996: 137.5M constant 2022 US$1997: 129.8M constant 2022 US$1998: 123.7M constant 2022 US$1999: 117.9M constant 2022 US$2000: 134.4M constant 2022 US$2001: 205.4M constant 2022 US$2002: 300.5M constant 2022 US$2003: 320.1M constant 2022 US$2004: 330.8M constant 2022 US$2005: 339.3M constant 2022 US$2006: 465.7M constant 2022 US$2007: 808.4M constant 2022 US$2008: 998.2M constant 2022 US$2009: 751.2M constant 2022 US$2010: 585.8M constant 2022 US$2011: 532.6M constant 2022 US$2012: 486.8M constant 2022 US$2013: 463.6M constant 2022 US$2014: 439.9M constant 2022 US$2015: 374.2M constant 2022 US$2016: 370.1M constant 2022 US$2017: 390.9M constant 2022 US$2018: 400.8M constant 2022 US$2019: 416.6M constant 2022 US$2020: 398.6M constant 2022 US$2021: 420.0M constant 2022 US$2022: 441.3M constant 2022 US$2023: 498.0M constant 2022 US$

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

Analysis

Georgia recorded 498.02 million constant 2022 US$ for military spending 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 in Georgia peaked at 1.37 billion constant 2022 US$ in 1993 and was at its lowest, 3.54 million constant 2022 US$, 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s 391.07 million constant 2022 US$ 3.54 million constant 2022 US$ 1.37 billion constant 2022 US$ 9
2000s 465.41 million constant 2022 US$ 134.44 million constant 2022 US$ 998.24 million constant 2022 US$ 10
2010s 446.13 million constant 2022 US$ 370.12 million constant 2022 US$ 585.84 million constant 2022 US$ 10
2020s 439.48 million constant 2022 US$ 398.58 million constant 2022 US$ 498.02 million constant 2022 US$ 4

Countries ranked near Georgia

  1. 110 Senegal 527.57 million constant 2022 US$ compare
  2. 111 El Salvador 509.92 million constant 2022 US$ compare
  3. 112 Guinea 507.79 million constant 2022 US$ compare
  4. 114 Guatemala 494.92 million constant 2022 US$ compare
  5. 115 Paraguay 476.41 million constant 2022 US$ compare
  6. 116 Namibia 463.26 million constant 2022 US$ 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 in Georgia?
Military spending in Georgia was 498.02 million 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 Georgia?
The highest recorded value was 1.37 billion constant 2022 US$ in 1993.
What is the lowest military spending recorded in Georgia?
The lowest recorded value was 3.54 million constant 2022 US$ in 1991.
How does Georgia rank for military spending?
Georgia ranks 113th out of 172 countries with data for 2023.
Is military spending 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 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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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.