Military spending in Indonesia

Indonesia: Military spending was 11.67 billion constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
11.67 billion constant 2022 US$
Change on year
up 1.7%
World rank
29th
of 172 countries
All-time high
11.67 billion constant 2022 US$
in 2023
All-time low
773.89 million constant 2022 US$
in 1966
Years of data
75
1949–2023

Military spending in Indonesia, 1949–2023

02.5B5.0B7.5B10.0B12.5B194919862023

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 Indonesia is 11.67 billion constant 2022 US$, measured in 2023. That is the highest value across all 75 years on record.

The figure is up 1.7% on the previous year and up 33.5% over ten years.

Over the whole period, military spending in Indonesia peaked at 11.67 billion constant 2022 US$ in 2023 and was at its lowest, 773.89 million constant 2022 US$, in 1966.

Indonesia ranks 29th of 172 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1940s 2.24 billion constant 2022 US$ 2.24 billion constant 2022 US$ 2.24 billion constant 2022 US$ 1
1950s 2.95 billion constant 2022 US$ 2.32 billion constant 2022 US$ 3.51 billion constant 2022 US$ 10
1960s 2.26 billion constant 2022 US$ 773.89 million constant 2022 US$ 4.02 billion constant 2022 US$ 10
1970s 3.81 billion constant 2022 US$ 2.28 billion constant 2022 US$ 5.77 billion constant 2022 US$ 10
1980s 4.36 billion constant 2022 US$ 2.80 billion constant 2022 US$ 5.95 billion constant 2022 US$ 10
1990s 3.75 billion constant 2022 US$ 1.95 billion constant 2022 US$ 5.59 billion constant 2022 US$ 10
2000s 5.14 billion constant 2022 US$ 1.38 billion constant 2022 US$ 7.57 billion constant 2022 US$ 10
2010s 8.84 billion constant 2022 US$ 6.64 billion constant 2022 US$ 10.54 billion constant 2022 US$ 10
2020s 11.30 billion constant 2022 US$ 10.88 billion constant 2022 US$ 11.67 billion constant 2022 US$ 4

Countries ranked near Indonesia

  1. 26 Pakistan 12.37 billion constant 2022 US$ compare
  2. 27 Colombia 12.36 billion constant 2022 US$ compare
  3. 28 Mexico 12.06 billion constant 2022 US$ compare
  4. 30 Norway 10.47 billion constant 2022 US$ compare
  5. 31 Iran 10.44 billion constant 2022 US$ compare
  6. 32 Sweden 9.90 billion constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Indonesia

All data for Indonesia →

Frequently asked questions

What is military spending in Indonesia?
Military spending in Indonesia was 11.67 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 Indonesia?
The highest recorded value was 11.67 billion constant 2022 US$ in 2023.
What is the lowest military spending recorded in Indonesia?
The lowest recorded value was 773.89 million constant 2022 US$ in 1966.
How does Indonesia rank for military spending?
Indonesia ranks 29th out of 172 countries with data for 2023.
Is military spending rising or falling in Indonesia?
Over the last ten years it is up 33.5%. The long-run trend across the full record is volatile.
Where does this Indonesia 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 — 75 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.