Military spending gmsd in Saudi Arabia

Saudi Arabia: Military spending gmsd was 88.35 billion in 2023. ◆ Volatile

Latest (2023)
88.35 billion
Change on year
up 5.0%
World rank
5th
of 172 countries
All-time high
93.58 billion
in 2017
All-time low
75.51 million
in 1932
Years of data
92
1932–2023

Military spending gmsd in Saudi Arabia, 1932–2023

020.0B40.0B60.0B80.0B100.0B193219772023

Source: Our World in Data.

Analysis

The most recent figure for military spending gmsd in Saudi Arabia is 88.35 billion, measured in 2023.

That represents a change of up 5.0% on the previous year and up 18.8% over ten years.

Over the whole period, military spending gmsd in Saudi Arabia peaked at 93.58 billion in 2017 and was at its lowest, 75.51 million, in 1932.

That places Saudi Arabia 5th out of 172 countries with data for 2023, putting it in the top 10%.

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

Military spending gmsd in Saudi Arabia, year by year

Annual values for Military spending gmsd in Saudi Arabia, 1932 to 2023.
Year Value Change
1932 75.51 million —
1933 83.79 million +11.0%
1934 108.51 million +29.5%
1935 117.01 million +7.8%
1936 124.51 million +6.4%
1937 140.10 million +12.5%
1938 160.08 million +14.3%
1939 161.89 million +1.1%
1940 192.34 million +18.8%
1941 195.79 million +1.8%
1942 195.19 million -0.3%
1943 189.35 million -3.0%
1944 209.51 million +10.6%
1945 241.59 million +15.3%
1946 211.87 million -12.3%
1947 195.98 million -7.5%
1948 195.06 million -0.5%
1949 243.08 million +24.6%
1950 220.26 million -9.4%
1951 212.39 million -3.6%
1952 228.80 million +7.7%
1953 300.54 million +31.4%
1954 1.03 billion +241.7%
1955 1.04 billion +0.8%
1956 1.05 billion +1.2%
1957 861.76 million -17.7%
1958 801.15 million -7.0%
1959 615.86 million -23.1%
1960 568.37 million -7.7%
1961 588.12 million +3.5%
1962 675.84 million +14.9%
1963 799.19 million +18.3%
1964 917.17 million +14.8%
1965 1.03 billion +12.8%
1966 1.30 billion +25.3%
1967 2.40 billion +85.3%
1968 2.22 billion -7.4%
1969 2.64 billion +18.8%
1970 2.81 billion +6.4%
1971 3.26 billion +16.1%
1972 4.28 billion +31.1%
1973 6.88 billion +60.7%
1974 7.99 billion +16.2%
1975 19.65 billion +145.9%
1976 30.17 billion +53.5%
1977 30.39 billion +0.7%
1978 37.14 billion +22.2%
1979 44.36 billion +19.4%
1980 50.47 billion +13.8%
1981 54.62 billion +8.2%
1982 59.12 billion +8.2%
1983 53.37 billion -9.7%
1984 48.32 billion -9.4%
1985 40.07 billion -17.1%
1986 38.32 billion -4.4%
1987 33.00 billion -13.9%
1988 29.18 billion -11.6%
1989 30.47 billion +4.4%
1990 36.94 billion +21.2%
1991 47.33 billion +28.1%
1992 36.68 billion -22.5%
1993 32.41 billion -11.6%
1994 27.93 billion -13.8%
1995 26.59 billion -4.8%
1996 26.25 billion -1.3%
1997 29.12 billion +10.9%
1998 31.93 billion +9.7%
1999 32.37 billion +1.4%
2000 33.47 billion +3.4%
2001 32.81 billion -2.0%
2002 29.43 billion -10.3%
2003 29.36 billion -0.2%
2004 32.55 billion +10.9%
2005 34.45 billion +5.8%
2006 39.71 billion +15.3%
2007 45.67 billion +15.0%
2008 47.07 billion +3.1%
2009 51.39 billion +9.2%
2010 52.00 billion +1.2%
2011 57.14 billion +9.9%
2012 66.84 billion +17.0%
2013 74.39 billion +11.3%
2014 88.89 billion +19.5%
2015 88.30 billion -0.7%
2016 83.02 billion -6.0%
2017 93.58 billion +12.7%
2018 89.08 billion -4.8%
2019 87.02 billion -2.3%
2020 81.42 billion -6.4%
2021 81.80 billion +0.5%
2022 84.16 billion +2.9%
2023 88.35 billion +5.0%

Saudi Arabia compared with similar countries

  • Saudi Arabia's 88.35 billion is above the median for high income countries, which is 6.50 billion, 13.6× the median. (55 countries reporting)
  • Saudi Arabia's 88.35 billion is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.51 billion, 16.0× the median. (22 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd in Saudi Arabia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1954 +241.7% 300.54 million 1.03 billion
1975 +145.9% 7.99 billion 19.65 billion

Averages by decade

DecadeAverage LowestHighest Years
1930s 121.42 million 75.51 million 161.89 million 8
1940s 206.98 million 189.35 million 243.08 million 10
1950s 635.05 million 212.39 million 1.05 billion 10
1960s 1.31 billion 568.37 million 2.64 billion 10
1970s 18.69 billion 2.81 billion 44.36 billion 10
1980s 43.69 billion 29.18 billion 59.12 billion 10
1990s 32.75 billion 26.25 billion 47.33 billion 10
2000s 37.59 billion 29.36 billion 51.39 billion 10
2010s 78.03 billion 52.00 billion 93.58 billion 10
2020s 83.93 billion 81.42 billion 88.35 billion 4

Countries ranked near Saudi Arabia

  1. 2 China 349.48 billion compare
  2. 3 Russia 120.26 billion compare
  3. 4 India 95.30 billion compare
  4. 6 United Kingdom 84.21 billion compare
  5. 7 France 71.97 billion compare
  6. 8 Ukraine 62.62 billion compare

See the full ranking of 172 places →

More reference data data for Saudi Arabia

All data for Saudi Arabia →

Frequently asked questions

What is military spending gmsd in Saudi Arabia?
Military spending gmsd in Saudi Arabia was 88.35 billion in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Saudi Arabia?
The highest recorded value was 93.58 billion in 2017.
What is the lowest military spending gmsd recorded in Saudi Arabia?
The lowest recorded value was 75.51 million in 1932.
How does Saudi Arabia rank for military spending gmsd?
Saudi Arabia ranks 5th out of 172 countries with data for 2023.
Is military spending gmsd rising or falling in Saudi Arabia?
Over the last ten years it is up 18.8%. The long-run trend across the full record is volatile.
Where does this Saudi Arabia 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 Saudi Arabia. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/saudi-arabia/

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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