Military spending in Maldives
Maldives: Military spending was 65.41 million constant 2022 US$ in 2016. ◆ Volatile
Latest (2016)
65.41 million constant 2022 US$
Change on year
up 1.8%
World rank
153rd
of 172 countries
All-time high
65.41 million constant 2022 US$
in 2016
All-time low
5.10 million constant 2022 US$
in 1984
Years of data
52
1965–2016
Military spending in Maldives, 1965–2016
Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.
Analysis
The most recent figure for military spending in Maldives is 65.41 million constant 2022 US$, measured in 2016. That is the highest value across all 52 years on record.
The figure is up 1.8% on the previous year and up 2.8% over ten years.
Over the whole period, military spending in Maldives peaked at 65.41 million constant 2022 US$ in 2016 and was at its lowest, 5.10 million constant 2022 US$, in 1984.
That places Maldives 153rd out of 172 countries with data for 2016, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending in Maldives, year by year
| Year | constant 2022 US$ | Change |
|---|---|---|
| 1965 | 14.62 million constant 2022 US$ | — |
| 1966 | 14.80 million constant 2022 US$ | +1.3% |
| 1967 | 13.43 million constant 2022 US$ | -9.3% |
| 1968 | 12.97 million constant 2022 US$ | -3.4% |
| 1969 | 12.46 million constant 2022 US$ | -4.0% |
| 1970 | 11.83 million constant 2022 US$ | -5.0% |
| 1971 | 12.08 million constant 2022 US$ | +2.1% |
| 1972 | 11.63 million constant 2022 US$ | -3.7% |
| 1973 | 10.05 million constant 2022 US$ | -13.6% |
| 1974 | 9.34 million constant 2022 US$ | -7.1% |
| 1975 | 8.71 million constant 2022 US$ | -6.7% |
| 1976 | 8.63 million constant 2022 US$ | -0.9% |
| 1977 | 8.06 million constant 2022 US$ | -6.7% |
| 1978 | 6.78 million constant 2022 US$ | -15.8% |
| 1979 | 6.78 million constant 2022 US$ | -0.0% |
| 1980 | 5.99 million constant 2022 US$ | -11.7% |
| 1981 | 5.59 million constant 2022 US$ | -6.7% |
| 1982 | 5.56 million constant 2022 US$ | -0.5% |
| 1983 | 5.28 million constant 2022 US$ | -5.0% |
| 1984 | 5.10 million constant 2022 US$ | -3.5% |
| 1985 | 5.98 million constant 2022 US$ | +17.3% |
| 1986 | 7.56 million constant 2022 US$ | +26.4% |
| 1987 | 9.31 million constant 2022 US$ | +23.1% |
| 1988 | 11.94 million constant 2022 US$ | +28.3% |
| 1989 | 14.20 million constant 2022 US$ | +18.9% |
| 1990 | 15.56 million constant 2022 US$ | +9.6% |
| 1991 | 18.59 million constant 2022 US$ | +19.4% |
| 1992 | 24.56 million constant 2022 US$ | +32.1% |
| 1993 | 25.82 million constant 2022 US$ | +5.1% |
| 1994 | 30.45 million constant 2022 US$ | +17.9% |
| 1995 | 35.07 million constant 2022 US$ | +15.2% |
| 1996 | 40.42 million constant 2022 US$ | +15.2% |
| 1997 | 46.36 million constant 2022 US$ | +14.7% |
| 1998 | 53.44 million constant 2022 US$ | +15.3% |
| 1999 | 55.08 million constant 2022 US$ | +3.1% |
| 2000 | 53.70 million constant 2022 US$ | -2.5% |
| 2001 | 51.18 million constant 2022 US$ | -4.7% |
| 2002 | 49.31 million constant 2022 US$ | -3.6% |
| 2003 | 48.41 million constant 2022 US$ | -1.8% |
| 2004 | 47.70 million constant 2022 US$ | -1.5% |
| 2005 | 56.64 million constant 2022 US$ | +18.7% |
| 2006 | 63.63 million constant 2022 US$ | +12.3% |
| 2007 | 62.47 million constant 2022 US$ | -1.8% |
| 2008 | 59.29 million constant 2022 US$ | -5.1% |
| 2009 | 59.91 million constant 2022 US$ | +1.0% |
| 2010 | 59.70 million constant 2022 US$ | -0.4% |
| 2011 | 59.77 million constant 2022 US$ | +0.1% |
| 2012 | 59.85 million constant 2022 US$ | +0.1% |
| 2013 | 60.88 million constant 2022 US$ | +1.7% |
| 2014 | 61.01 million constant 2022 US$ | +0.2% |
| 2015 | 64.26 million constant 2022 US$ | +5.3% |
| 2016 | 65.41 million constant 2022 US$ | +1.8% |
Maldives compared with similar countries
- Maldives's 65.41 million constant 2022 US$ is below the median for upper middle income countries, which is 1.25 billion constant 2022 US$, 5% of the median. (49 countries reporting)
- Maldives's 65.41 million constant 2022 US$ is below the median for South Asia, which is 1.03 billion constant 2022 US$, 6% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.66 million constant 2022 US$ | 12.46 million constant 2022 US$ | 14.80 million constant 2022 US$ | 5 |
| 1970s | 9.39 million constant 2022 US$ | 6.78 million constant 2022 US$ | 12.08 million constant 2022 US$ | 10 |
| 1980s | 7.65 million constant 2022 US$ | 5.10 million constant 2022 US$ | 14.20 million constant 2022 US$ | 10 |
| 1990s | 34.54 million constant 2022 US$ | 15.56 million constant 2022 US$ | 55.08 million constant 2022 US$ | 10 |
| 2000s | 55.23 million constant 2022 US$ | 47.70 million constant 2022 US$ | 63.63 million constant 2022 US$ | 10 |
| 2010s | 61.55 million constant 2022 US$ | 59.70 million constant 2022 US$ | 65.41 million constant 2022 US$ | 7 |
Countries ranked near Maldives
- 150 Eswatini 91.46 million constant 2022 US$ compare
- 151 Fiji 87.78 million constant 2022 US$ compare
- 152 Moldova 82.38 million constant 2022 US$ compare
- 154 Iceland 64.74 million constant 2022 US$ compare
- 155 Central African Republic 62.88 million constant 2022 US$ compare
- 156 Suriname 60.49 million constant 2022 US$ compare
More reference data data for Maldives
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0011 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0011 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0044 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Emissions (N2O) - Burning - Crop residues 0 (2050)
- Emission Totals - Emissions (N2O) - Agricultural Soils 0.0044 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 1.16 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Crop Residues 0.012 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Burning - Crop 0.0004 (2050)
Frequently asked questions
- What is military spending in Maldives?
- Military spending in Maldives was 65.41 million constant 2022 US$ in 2016, 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 Maldives?
- The highest recorded value was 65.41 million constant 2022 US$ in 2016.
- What is the lowest military spending recorded in Maldives?
- The lowest recorded value was 5.10 million constant 2022 US$ in 1984.
- How does Maldives rank for military spending?
- Maldives ranks 153rd out of 172 countries with data for 2016.
- Is military spending rising or falling in Maldives?
- Over the last ten years it is up 2.8%. The long-run trend across the full record is volatile.
- Where does this Maldives 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 — 52 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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.