Military spending in Slovakia

Slovakia: Military spending was 2.71 billion constant 2022 US$ in 2023. ▲ Rising

Latest (2023)
2.71 billion constant 2022 US$
Change on year
up 6.1%
World rank
65th
of 172 countries
All-time high
2.71 billion constant 2022 US$
in 2023
All-time low
629.86 million constant 2022 US$
in 2000
Years of data
31
1993–2023

Military spending in Slovakia, 1993–2023

500.0M1.0B1.5B2.0B2.5B1993200820231993: 738.2M constant 2022 US$1994: 712.6M constant 2022 US$1995: 839.3M constant 2022 US$1996: 838.0M constant 2022 US$1997: 778.2M constant 2022 US$1998: 711.0M constant 2022 US$1999: 632.0M constant 2022 US$2000: 629.9M constant 2022 US$2001: 695.4M constant 2022 US$2002: 748.6M constant 2022 US$2003: 901.8M constant 2022 US$2004: 1.1B constant 2022 US$2005: 1.1B constant 2022 US$2006: 1.2B constant 2022 US$2007: 1.6B constant 2022 US$2008: 1.6B constant 2022 US$2009: 1.5B constant 2022 US$2010: 1.4B constant 2022 US$2011: 1.2B constant 2022 US$2012: 1.2B constant 2022 US$2013: 1.2B constant 2022 US$2014: 1.2B constant 2022 US$2015: 1.1B constant 2022 US$2016: 1.2B constant 2022 US$2017: 1.4B constant 2022 US$2018: 1.7B constant 2022 US$2019: 2.2B constant 2022 US$2020: 2.5B constant 2022 US$2021: 2.5B constant 2022 US$2022: 2.6B constant 2022 US$2023: 2.7B constant 2022 US$

Source: Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

Slovakia recorded 2.71 billion constant 2022 US$ for military spending in 2023. That is the highest value across all 31 years on record.

The figure is up 6.1% on the previous year and up 133.8% over ten years.

Over the whole period, military spending in Slovakia peaked at 2.71 billion constant 2022 US$ in 2023 and was at its lowest, 629.86 million constant 2022 US$, in 2000.

Slovakia ranks 65th of 172 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 749.90 million constant 2022 US$ 632.03 million constant 2022 US$ 839.25 million constant 2022 US$ 7
2000s 1.11 billion constant 2022 US$ 629.86 million constant 2022 US$ 1.58 billion constant 2022 US$ 10
2010s 1.38 billion constant 2022 US$ 1.12 billion constant 2022 US$ 2.24 billion constant 2022 US$ 10
2020s 2.56 billion constant 2022 US$ 2.47 billion constant 2022 US$ 2.71 billion constant 2022 US$ 4

Countries ranked near Slovakia

  1. 62 Syria 3.22 billion constant 2022 US$ compare
  2. 63 Ecuador 3.12 billion constant 2022 US$ compare
  3. 64 Jordan 2.86 billion constant 2022 US$ compare
  4. 66 Yemen 2.45 billion constant 2022 US$ compare
  5. 67 Lithuania 2.17 billion constant 2022 US$ compare
  6. 68 Bulgaria 1.99 billion constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Slovakia

All data for Slovakia →

Frequently asked questions

What is military spending in Slovakia?
Military spending in Slovakia was 2.71 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 Slovakia?
The highest recorded value was 2.71 billion constant 2022 US$ in 2023.
What is the lowest military spending recorded in Slovakia?
The lowest recorded value was 629.86 million constant 2022 US$ in 2000.
How does Slovakia rank for military spending?
Slovakia ranks 65th out of 172 countries with data for 2023.
Is military spending rising or falling in Slovakia?
Over the last ten years it is up 133.8%. The long-run trend across the full record is rising.
Where does this Slovakia 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 — 31 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.