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

020.0M40.0M60.0M196519902016

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 150 Eswatini 91.46 million constant 2022 US$ compare
  2. 151 Fiji 87.78 million constant 2022 US$ compare
  3. 152 Moldova 82.38 million constant 2022 US$ compare
  4. 154 Iceland 64.74 million constant 2022 US$ compare
  5. 155 Central African Republic 62.88 million constant 2022 US$ compare
  6. 156 Suriname 60.49 million constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Maldives

All data for Maldives →

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

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.