Military spending in Saudi Arabia

Saudi Arabia: Military spending was 88.35 billion constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
88.35 billion constant 2022 US$
Change on year
up 5.0%
World rank
5th
of 172 countries
All-time high
93.58 billion constant 2022 US$
in 2017
All-time low
75.51 million constant 2022 US$
in 1932
Years of data
92
1932–2023

Military spending in Saudi Arabia, 1932–2023

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

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 Saudi Arabia is 88.35 billion constant 2022 US$, 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 in Saudi Arabia peaked at 93.58 billion constant 2022 US$ in 2017 and was at its lowest, 75.51 million constant 2022 US$, 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 in Saudi Arabia, year by year

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

Saudi Arabia compared with similar countries

  • Saudi Arabia's 88.35 billion constant 2022 US$ is above the median for high income countries, which is 6.50 billion constant 2022 US$, 13.6× the median. (55 countries reporting)
  • Saudi Arabia's 88.35 billion constant 2022 US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.51 billion constant 2022 US$, 16.0× the median. (22 countries reporting)

Biggest year-on-year movements

Years where Military spending 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 constant 2022 US$ 1.03 billion constant 2022 US$
1975 +145.9% 7.99 billion constant 2022 US$ 19.65 billion constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1930s 121.42 million constant 2022 US$ 75.51 million constant 2022 US$ 161.89 million constant 2022 US$ 8
1940s 206.98 million constant 2022 US$ 189.35 million constant 2022 US$ 243.08 million constant 2022 US$ 10
1950s 635.05 million constant 2022 US$ 212.39 million constant 2022 US$ 1.05 billion constant 2022 US$ 10
1960s 1.31 billion constant 2022 US$ 568.37 million constant 2022 US$ 2.64 billion constant 2022 US$ 10
1970s 18.69 billion constant 2022 US$ 2.81 billion constant 2022 US$ 44.36 billion constant 2022 US$ 10
1980s 43.69 billion constant 2022 US$ 29.18 billion constant 2022 US$ 59.12 billion constant 2022 US$ 10
1990s 32.75 billion constant 2022 US$ 26.25 billion constant 2022 US$ 47.33 billion constant 2022 US$ 10
2000s 37.59 billion constant 2022 US$ 29.36 billion constant 2022 US$ 51.39 billion constant 2022 US$ 10
2010s 78.03 billion constant 2022 US$ 52.00 billion constant 2022 US$ 93.58 billion constant 2022 US$ 10
2020s 83.93 billion constant 2022 US$ 81.42 billion constant 2022 US$ 88.35 billion constant 2022 US$ 4

Countries ranked near Saudi Arabia

  1. 2 China 349.48 billion constant 2022 US$ compare
  2. 3 Russia 120.26 billion constant 2022 US$ compare
  3. 4 India 95.30 billion constant 2022 US$ compare
  4. 6 United Kingdom 84.21 billion constant 2022 US$ compare
  5. 7 France 71.97 billion constant 2022 US$ compare
  6. 8 Ukraine 62.62 billion constant 2022 US$ 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 in Saudi Arabia?
Military spending in Saudi Arabia was 88.35 billion 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 Saudi Arabia?
The highest recorded value was 93.58 billion constant 2022 US$ in 2017.
What is the lowest military spending recorded in Saudi Arabia?
The lowest recorded value was 75.51 million constant 2022 US$ in 1932.
How does Saudi Arabia rank for military spending?
Saudi Arabia ranks 5th out of 172 countries with data for 2023.
Is military spending 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 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.

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Military spending in Saudi Arabia. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/saudi-arabia/

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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.