Military spending in Malawi

Malawi: Military spending was 142.12 million constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
142.12 million constant 2022 US$
Change on year
up 10.4%
World rank
139th
of 172 countries
All-time high
142.12 million constant 2022 US$
in 2023
All-time low
8.22 million constant 2022 US$
in 1964
Years of data
60
1964–2023

Military spending in Malawi, 1964–2023

050.0M100.0M150.0M196419932023

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

Analysis

Malawi recorded 142.12 million constant 2022 US$ for military spending in 2023. That is the highest value across all 60 years on record.

That represents a change of up 10.4% on the previous year and up 246.6% over ten years.

Over the whole period, military spending in Malawi peaked at 142.12 million constant 2022 US$ in 2023 and was at its lowest, 8.22 million constant 2022 US$, in 1964.

That places Malawi 139th out of 172 countries with data for 2023, putting it in the bottom quarter.

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

Military spending in Malawi, year by year

Annual values for Military spending in Malawi, 1964 to 2023.
Year constant 2022 US$ Change
1964 8.22 million constant 2022 US$
1965 9.33 million constant 2022 US$ +13.4%
1966 9.26 million constant 2022 US$ -0.7%
1967 9.06 million constant 2022 US$ -2.2%
1968 8.47 million constant 2022 US$ -6.5%
1969 8.37 million constant 2022 US$ -1.1%
1970 9.15 million constant 2022 US$ +9.3%
1971 9.85 million constant 2022 US$ +7.7%
1972 10.71 million constant 2022 US$ +8.7%
1973 16.78 million constant 2022 US$ +56.7%
1974 19.09 million constant 2022 US$ +13.8%
1975 25.22 million constant 2022 US$ +32.1%
1976 32.30 million constant 2022 US$ +28.1%
1977 43.25 million constant 2022 US$ +33.9%
1978 66.70 million constant 2022 US$ +54.2%
1979 89.43 million constant 2022 US$ +34.1%
1980 85.65 million constant 2022 US$ -4.2%
1981 74.44 million constant 2022 US$ -13.1%
1982 62.24 million constant 2022 US$ -16.4%
1983 51.08 million constant 2022 US$ -17.9%
1984 47.84 million constant 2022 US$ -6.3%
1985 50.93 million constant 2022 US$ +6.5%
1986 51.10 million constant 2022 US$ +0.3%
1987 46.43 million constant 2022 US$ -9.1%
1988 43.38 million constant 2022 US$ -6.6%
1989 41.84 million constant 2022 US$ -3.5%
1990 38.87 million constant 2022 US$ -7.1%
1991 36.80 million constant 2022 US$ -5.3%
1992 35.55 million constant 2022 US$ -3.4%
1993 33.23 million constant 2022 US$ -6.5%
1994 31.60 million constant 2022 US$ -4.9%
1995 29.91 million constant 2022 US$ -5.4%
1996 30.94 million constant 2022 US$ +3.5%
1997 33.66 million constant 2022 US$ +8.8%
1998 31.41 million constant 2022 US$ -6.7%
1999 27.78 million constant 2022 US$ -11.5%
2000 17.58 million constant 2022 US$ -36.7%
2001 17.33 million constant 2022 US$ -1.4%
2002 20.26 million constant 2022 US$ +16.9%
2003 19.33 million constant 2022 US$ -4.6%
2004 21.00 million constant 2022 US$ +8.7%
2005 33.61 million constant 2022 US$ +60.1%
2006 42.20 million constant 2022 US$ +25.6%
2007 50.78 million constant 2022 US$ +20.3%
2008 53.21 million constant 2022 US$ +4.8%
2009 61.47 million constant 2022 US$ +15.5%
2010 78.37 million constant 2022 US$ +27.5%
2011 55.05 million constant 2022 US$ -29.8%
2012 44.42 million constant 2022 US$ -19.3%
2013 41.00 million constant 2022 US$ -7.7%
2014 49.46 million constant 2022 US$ +20.6%
2015 44.78 million constant 2022 US$ -9.5%
2016 43.03 million constant 2022 US$ -3.9%
2017 49.83 million constant 2022 US$ +15.8%
2018 57.97 million constant 2022 US$ +16.3%
2019 91.25 million constant 2022 US$ +57.4%
2020 101.35 million constant 2022 US$ +11.1%
2021 113.93 million constant 2022 US$ +12.4%
2022 128.68 million constant 2022 US$ +12.9%
2023 142.12 million constant 2022 US$ +10.4%

Malawi compared with similar countries

  • Malawi's 142.12 million constant 2022 US$ is below the median for low income countries, which is 387.93 million constant 2022 US$, 37% of the median. (25 countries reporting)
  • Malawi's 142.12 million constant 2022 US$ is below the median for Sub-Saharan Africa, which is 350.64 million constant 2022 US$, 41% of the median. (46 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 8.78 million constant 2022 US$ 8.22 million constant 2022 US$ 9.33 million constant 2022 US$ 6
1970s 32.25 million constant 2022 US$ 9.15 million constant 2022 US$ 89.43 million constant 2022 US$ 10
1980s 55.49 million constant 2022 US$ 41.84 million constant 2022 US$ 85.65 million constant 2022 US$ 10
1990s 32.97 million constant 2022 US$ 27.78 million constant 2022 US$ 38.87 million constant 2022 US$ 10
2000s 33.68 million constant 2022 US$ 17.33 million constant 2022 US$ 61.47 million constant 2022 US$ 10
2010s 55.52 million constant 2022 US$ 41.00 million constant 2022 US$ 91.25 million constant 2022 US$ 10
2020s 121.52 million constant 2022 US$ 101.35 million constant 2022 US$ 142.12 million constant 2022 US$ 4

Countries ranked near Malawi

  1. 136 Cuba 155.63 million constant 2022 US$ compare
  2. 137 Mongolia 153.56 million constant 2022 US$ compare
  3. 138 Somalia 149.19 million constant 2022 US$ compare
  4. 140 Benin 140.87 million constant 2022 US$ compare
  5. 141 Burundi 136.95 million constant 2022 US$ compare
  6. 142 Madagascar 124.17 million constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Malawi

All data for Malawi →

Frequently asked questions

What is military spending in Malawi?
Military spending in Malawi was 142.12 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 Malawi?
The highest recorded value was 142.12 million constant 2022 US$ in 2023.
What is the lowest military spending recorded in Malawi?
The lowest recorded value was 8.22 million constant 2022 US$ in 1964.
How does Malawi rank for military spending?
Malawi ranks 139th out of 172 countries with data for 2023.
Is military spending rising or falling in Malawi?
Over the last ten years it is up 246.6%. The long-run trend across the full record is volatile.
Where does this Malawi 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 — 60 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Military spending in Malawi. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/malawi/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/military-spending-gmsd/malawi/">Military spending in Malawi</a> — Statizoid

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.