Military spending gmsd in Namibia

Namibia: Military spending gmsd was 463.26 million in 2023. ◆ Volatile

Latest (2023)
463.26 million
Change on year
up 2.0%
World rank
116th
of 172 countries
All-time high
583.65 million
in 2015
All-time low
102.38 million
in 1994
Years of data
34
1990–2023

Military spending gmsd in Namibia, 1990–2023

100.0M200.0M300.0M400.0M500.0M600.0M1990200620231990: 115.9M1991: 122.1M1992: 130.8M1993: 112.0M1994: 102.4M1995: 113.8M1996: 116.2M1997: 132.4M1998: 145.5M1999: 159.3M2000: 153.0M2001: 147.0M2002: 140.8M2003: 179.0M2004: 228.5M2005: 226.6M2006: 260.7M2007: 302.7M2008: 348.1M2009: 383.7M2010: 431.3M2011: 468.7M2012: 470.5M2013: 511.3M2014: 567.5M2015: 583.6M2016: 508.7M2017: 541.2M2018: 539.4M2019: 527.6M2020: 490.6M2021: 474.0M2022: 454.1M2023: 463.3M

Source: Our World in Data.

Analysis

The most recent figure for military spending gmsd in Namibia is 463.26 million, measured in 2023.

Compared with earlier readings it is up 2.0% on the previous year and down 9.4% over ten years.

Over the whole period, military spending gmsd in Namibia peaked at 583.65 million in 2015 and was at its lowest, 102.38 million, in 1994.

Namibia ranks 116th of 172 countries on this measure, in the middle of the range.

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

Military spending gmsd in Namibia, year by year

Annual values for Military spending gmsd in Namibia, 1990 to 2023.
Year Value Change
1990 115.90 million —
1991 122.14 million +5.4%
1992 130.80 million +7.1%
1993 112.02 million -14.4%
1994 102.38 million -8.6%
1995 113.75 million +11.1%
1996 116.25 million +2.2%
1997 132.42 million +13.9%
1998 145.46 million +9.8%
1999 159.33 million +9.5%
2000 153.01 million -4.0%
2001 146.99 million -3.9%
2002 140.75 million -4.2%
2003 179.00 million +27.2%
2004 228.55 million +27.7%
2005 226.63 million -0.8%
2006 260.67 million +15.0%
2007 302.70 million +16.1%
2008 348.07 million +15.0%
2009 383.68 million +10.2%
2010 431.31 million +12.4%
2011 468.73 million +8.7%
2012 470.49 million +0.4%
2013 511.29 million +8.7%
2014 567.54 million +11.0%
2015 583.65 million +2.8%
2016 508.70 million -12.8%
2017 541.24 million +6.4%
2018 539.39 million -0.3%
2019 527.57 million -2.2%
2020 490.57 million -7.0%
2021 474.00 million -3.4%
2022 454.12 million -4.2%
2023 463.26 million +2.0%

Namibia compared with similar countries

  • Namibia's 463.26 million is below the median for lower middle income countries, which is 485.52 million, 95% of the median. (42 countries reporting)
  • Namibia's 463.26 million is above the median for Sub-Saharan Africa, which is 350.64 million, 1.3× the median. (46 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 125.04 million 102.38 million 159.33 million 10
2000s 237.01 million 140.75 million 383.68 million 10
2010s 514.99 million 431.31 million 583.65 million 10
2020s 470.49 million 454.12 million 490.57 million 4

Countries ranked near Namibia

  1. 113 Georgia 498.02 million compare
  2. 114 Guatemala 494.92 million compare
  3. 115 Paraguay 476.41 million compare
  4. 117 Kyrgyzstan 439.89 million compare
  5. 118 Zambia 421.22 million compare
  6. 119 Chad 410.87 million compare

See the full ranking of 172 places →

More reference data data for Namibia

All data for Namibia →

Frequently asked questions

What is military spending gmsd in Namibia?
Military spending gmsd in Namibia was 463.26 million in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Namibia?
The highest recorded value was 583.65 million in 2015.
What is the lowest military spending gmsd recorded in Namibia?
The lowest recorded value was 102.38 million in 1994.
How does Namibia rank for military spending gmsd?
Namibia ranks 116th out of 172 countries with data for 2023.
Is military spending gmsd rising or falling in Namibia?
Over the last ten years it is down 9.4%. The long-run trend across the full record is volatile.
Where does this Namibia data come from?
The figures come from Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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Military spending gmsd in Namibia. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/namibia/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed