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.

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).

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.