Military spending gmsd in Singapore

Singapore: Military spending gmsd was 15.39 billion in 2023. ◆ Volatile

Latest (2023)
15.39 billion
Change on year
up 6.9%
World rank
24th
of 172 countries
All-time high
15.39 billion
in 2023
All-time low
1.03 million
in 1965
Years of data
59
1965–2023

Military spending gmsd in Singapore, 1965–2023

05.0B10.0B15.0B196519942023

Source: Our World in Data.

Analysis

Singapore recorded 15.39 billion for military spending gmsd in 2023. That is the highest value across all 59 years on record.

That represents a change of up 6.9% on the previous year and up 33.6% over ten years.

Over the whole period, military spending gmsd in Singapore peaked at 15.39 billion in 2023 and was at its lowest, 1.03 million, in 1965.

Singapore ranks 24th of 172 countries on this measure, in the top quarter.

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

Military spending gmsd in Singapore, year by year

Annual values for Military spending gmsd in Singapore, 1965 to 2023.
Year Value Change
1965 1.03 million —
1966 93.44 million +8961.0%
1967 160.78 million +72.1%
1968 233.90 million +45.5%
1969 675.32 million +188.7%
1970 761.09 million +12.7%
1971 962.76 million +26.5%
1972 1.03 billion +7.1%
1973 1.00 billion -2.9%
1974 1.03 billion +2.9%
1975 1.17 billion +13.8%
1976 1.29 billion +9.9%
1977 1.36 billion +5.2%
1978 1.34 billion -1.3%
1979 1.52 billion +13.2%
1980 1.55 billion +2.2%
1981 1.76 billion +13.7%
1982 1.91 billion +8.7%
1983 1.97 billion +2.7%
1984 2.27 billion +15.6%
1985 2.62 billion +15.1%
1986 2.58 billion -1.5%
1987 2.66 billion +3.2%
1988 2.84 billion +6.7%
1989 3.17 billion +11.8%
1990 3.21 billion +1.2%
1991 3.68 billion +14.8%
1992 4.34 billion +17.8%
1993 4.46 billion +3.0%
1994 5.43 billion +21.6%
1995 6.33 billion +16.7%
1996 6.62 billion +4.6%
1997 7.04 billion +6.2%
1998 7.16 billion +1.8%
1999 7.40 billion +3.3%
2000 7.53 billion +1.7%
2001 7.11 billion -5.6%
2002 6.95 billion -2.2%
2003 7.03 billion +1.2%
2004 7.58 billion +7.8%
2005 7.64 billion +0.8%
2006 8.13 billion +6.4%
2007 9.00 billion +10.7%
2008 9.52 billion +5.9%
2009 9.45 billion -0.8%
2010 9.97 billion +5.6%
2011 10.47 billion +5.0%
2012 11.18 billion +6.8%
2013 11.52 billion +3.0%
2014 11.34 billion -1.5%
2015 11.55 billion +1.8%
2016 11.78 billion +2.0%
2017 12.88 billion +9.3%
2018 12.70 billion -1.4%
2019 14.39 billion +13.2%
2020 13.73 billion -4.6%
2021 14.50 billion +5.6%
2022 14.40 billion -0.7%
2023 15.39 billion +6.9%

Singapore compared with similar countries

  • Singapore's 15.39 billion is above the median for high income countries, which is 6.50 billion, 2.4× the median. (55 countries reporting)
  • Singapore's 15.39 billion is above the median for East Asia & Pacific, which is 4.15 billion, 3.7× the median. (20 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd in Singapore 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
1966 +8961.0% 1.03 million 93.44 million
1969 +188.7% 233.90 million 675.32 million
1967 +72.1% 93.44 million 160.78 million

Averages by decade

DecadeAverage LowestHighest Years
1960s 232.89 million 1.03 million 675.32 million 5
1970s 1.15 billion 761.09 million 1.52 billion 10
1980s 2.33 billion 1.55 billion 3.17 billion 10
1990s 5.57 billion 3.21 billion 7.40 billion 10
2000s 7.99 billion 6.95 billion 9.52 billion 10
2010s 11.78 billion 9.97 billion 14.39 billion 10
2020s 14.51 billion 13.73 billion 15.39 billion 4

Countries ranked near Singapore

  1. 21 Netherlands 18.59 billion compare
  2. 22 Turkey 17.27 billion compare
  3. 23 Algeria 16.20 billion compare
  4. 25 Qatar 14.38 billion compare
  5. 26 Pakistan 12.37 billion compare
  6. 27 Colombia 12.36 billion compare

See the full ranking of 172 places →

More reference data data for Singapore

All data for Singapore →

Frequently asked questions

What is military spending gmsd in Singapore?
Military spending gmsd in Singapore was 15.39 billion in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Singapore?
The highest recorded value was 15.39 billion in 2023.
What is the lowest military spending gmsd recorded in Singapore?
The lowest recorded value was 1.03 million in 1965.
How does Singapore rank for military spending gmsd?
Singapore ranks 24th out of 172 countries with data for 2023.
Is military spending gmsd rising or falling in Singapore?
Over the last ten years it is up 33.6%. The long-run trend across the full record is volatile.
Where does this Singapore 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.

Download this data

CSV · JSON — 59 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Military spending gmsd in Singapore. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/singapore/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/military-spending-gmsd/singapore/">Military spending gmsd in Singapore</a> — Statizoid

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