Military spending in South Africa

South Africa: Military spending was 3.63 billion constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
3.63 billion constant 2022 US$
Change on year
down 8.6%
World rank
58th
of 172 countries
All-time high
7.39 billion constant 2022 US$
in 1989
All-time low
58.18 million constant 2022 US$
in 1920
Years of data
104
1920–2023

Military spending in South Africa, 1920–2023

02.0B4.0B6.0B8.0B192019712023

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

Analysis

South Africa recorded 3.63 billion constant 2022 US$ for military spending in 2023.

Compared with earlier readings it is down 8.6% on the previous year and down 25.1% over ten years.

Over the whole period, military spending in South Africa peaked at 7.39 billion constant 2022 US$ in 1989 and was at its lowest, 58.18 million constant 2022 US$, in 1920.

South Africa ranks 58th 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 in South Africa, year by year

Annual values for Military spending in South Africa, 1920 to 2023.
Year constant 2022 US$ Change
1920 58.18 million constant 2022 US$
1921 74.77 million constant 2022 US$ +28.5%
1922 64.77 million constant 2022 US$ -13.4%
1923 66.23 million constant 2022 US$ +2.3%
1924 63.74 million constant 2022 US$ -3.8%
1925 70.17 million constant 2022 US$ +10.1%
1926 71.36 million constant 2022 US$ +1.7%
1927 75.53 million constant 2022 US$ +5.8%
1928 73.70 million constant 2022 US$ -2.4%
1929 67.98 million constant 2022 US$ -7.8%
1930 65.91 million constant 2022 US$ -3.0%
1931 61.60 million constant 2022 US$ -6.5%
1932 65.75 million constant 2022 US$ +6.7%
1933 71.72 million constant 2022 US$ +9.1%
1934 107.45 million constant 2022 US$ +49.8%
1935 124.80 million constant 2022 US$ +16.1%
1936 142.04 million constant 2022 US$ +13.8%
1937 166.85 million constant 2022 US$ +17.5%
1938 216.49 million constant 2022 US$ +29.7%
1939 132.32 million constant 2022 US$ -38.9%
1940 449.23 million constant 2022 US$ +239.5%
1941 1.69 billion constant 2022 US$ +275.6%
1942 4.14 billion constant 2022 US$ +145.1%
1943 2.68 billion constant 2022 US$ -35.1%
1944 2.59 billion constant 2022 US$ -3.4%
1945 1.91 billion constant 2022 US$ -26.5%
1946 1.22 billion constant 2022 US$ -36.1%
1947 885.42 million constant 2022 US$ -27.2%
1948 711.26 million constant 2022 US$ -19.7%
1949 824.52 million constant 2022 US$ +15.9%
1950 431.81 million constant 2022 US$ -47.6%
1951 463.75 million constant 2022 US$ +7.4%
1952 561.40 million constant 2022 US$ +21.1%
1953 561.99 million constant 2022 US$ +0.1%
1954 523.64 million constant 2022 US$ -6.8%
1955 509.83 million constant 2022 US$ -2.6%
1956 576.33 million constant 2022 US$ +13.0%
1957 617.14 million constant 2022 US$ +7.1%
1958 576.93 million constant 2022 US$ -6.5%
1959 452.93 million constant 2022 US$ -21.5%
1960 493.96 million constant 2022 US$ +9.1%
1961 713.53 million constant 2022 US$ +44.5%
1962 1.13 billion constant 2022 US$ +58.2%
1963 1.31 billion constant 2022 US$ +16.3%
1964 1.68 billion constant 2022 US$ +28.0%
1965 1.87 billion constant 2022 US$ +11.5%
1966 2.06 billion constant 2022 US$ +9.8%
1967 2.31 billion constant 2022 US$ +12.2%
1968 2.36 billion constant 2022 US$ +2.2%
1969 2.36 billion constant 2022 US$ -0.0%
1970 2.44 billion constant 2022 US$ +3.6%
1971 2.68 billion constant 2022 US$ +9.8%
1972 2.63 billion constant 2022 US$ -1.9%
1973 3.43 billion constant 2022 US$ +30.6%
1974 4.06 billion constant 2022 US$ +18.3%
1975 5.28 billion constant 2022 US$ +30.0%
1976 6.31 billion constant 2022 US$ +19.5%
1977 6.70 billion constant 2022 US$ +6.2%
1978 6.51 billion constant 2022 US$ -2.8%
1979 6.39 billion constant 2022 US$ -1.9%
1980 6.57 billion constant 2022 US$ +2.8%
1981 6.58 billion constant 2022 US$ +0.3%
1982 6.81 billion constant 2022 US$ +3.4%
1983 6.94 billion constant 2022 US$ +1.9%
1984 6.35 billion constant 2022 US$ -8.5%
1985 5.92 billion constant 2022 US$ -6.8%
1986 5.90 billion constant 2022 US$ -0.3%
1987 7.01 billion constant 2022 US$ +18.9%
1988 7.18 billion constant 2022 US$ +2.5%
1989 7.39 billion constant 2022 US$ +2.9%
1990 6.98 billion constant 2022 US$ -5.6%
1991 6.54 billion constant 2022 US$ -6.3%
1992 6.03 billion constant 2022 US$ -7.7%
1993 5.62 billion constant 2022 US$ -6.9%
1994 5.36 billion constant 2022 US$ -4.5%
1995 4.95 billion constant 2022 US$ -7.6%
1996 4.08 billion constant 2022 US$ -17.6%
1997 3.78 billion constant 2022 US$ -7.5%
1998 3.37 billion constant 2022 US$ -10.7%
1999 3.05 billion constant 2022 US$ -9.6%
2000 3.02 billion constant 2022 US$ -0.9%
2001 3.01 billion constant 2022 US$ -0.6%
2002 3.17 billion constant 2022 US$ +5.4%
2003 3.68 billion constant 2022 US$ +16.2%
2004 4.43 billion constant 2022 US$ +20.5%
2005 4.57 billion constant 2022 US$ +3.0%
2006 4.60 billion constant 2022 US$ +0.8%
2007 4.50 billion constant 2022 US$ -2.3%
2008 4.35 billion constant 2022 US$ -3.2%
2009 4.85 billion constant 2022 US$ +11.3%
2010 5.11 billion constant 2022 US$ +5.5%
2011 5.58 billion constant 2022 US$ +9.2%
2012 5.40 billion constant 2022 US$ -3.3%
2013 4.85 billion constant 2022 US$ -10.2%
2014 4.62 billion constant 2022 US$ -4.7%
2015 4.17 billion constant 2022 US$ -9.6%
2016 4.07 billion constant 2022 US$ -2.5%
2017 4.27 billion constant 2022 US$ +4.9%
2018 4.58 billion constant 2022 US$ +7.2%
2019 4.53 billion constant 2022 US$ -1.0%
2020 4.39 billion constant 2022 US$ -3.2%
2021 4.10 billion constant 2022 US$ -6.5%
2022 3.97 billion constant 2022 US$ -3.1%
2023 3.63 billion constant 2022 US$ -8.6%

South Africa compared with similar countries

  • South Africa's 3.63 billion constant 2022 US$ is above the median for upper middle income countries, which is 1.25 billion constant 2022 US$, 2.9× the median. (49 countries reporting)
  • South Africa's 3.63 billion constant 2022 US$ is above the median for Sub-Saharan Africa, which is 350.64 million constant 2022 US$, 10.4× the median. (46 countries reporting)

Biggest year-on-year movements

Years where Military spending in South Africa 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
1941 +275.6% 449.23 million constant 2022 US$ 1.69 billion constant 2022 US$
1940 +239.5% 132.32 million constant 2022 US$ 449.23 million constant 2022 US$
1942 +145.1% 1.69 billion constant 2022 US$ 4.14 billion constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1920s 68.64 million constant 2022 US$ 58.18 million constant 2022 US$ 75.53 million constant 2022 US$ 10
1930s 115.49 million constant 2022 US$ 61.60 million constant 2022 US$ 216.49 million constant 2022 US$ 10
1940s 1.71 billion constant 2022 US$ 449.23 million constant 2022 US$ 4.14 billion constant 2022 US$ 10
1950s 527.57 million constant 2022 US$ 431.81 million constant 2022 US$ 617.14 million constant 2022 US$ 10
1960s 1.63 billion constant 2022 US$ 493.96 million constant 2022 US$ 2.36 billion constant 2022 US$ 10
1970s 4.64 billion constant 2022 US$ 2.44 billion constant 2022 US$ 6.70 billion constant 2022 US$ 10
1980s 6.66 billion constant 2022 US$ 5.90 billion constant 2022 US$ 7.39 billion constant 2022 US$ 10
1990s 4.98 billion constant 2022 US$ 3.05 billion constant 2022 US$ 6.98 billion constant 2022 US$ 10
2000s 4.02 billion constant 2022 US$ 3.01 billion constant 2022 US$ 4.85 billion constant 2022 US$ 10
2010s 4.72 billion constant 2022 US$ 4.07 billion constant 2022 US$ 5.58 billion constant 2022 US$ 10
2020s 4.02 billion constant 2022 US$ 3.63 billion constant 2022 US$ 4.39 billion constant 2022 US$ 4

Countries ranked near South Africa

  1. 55 Hungary 4.10 billion constant 2022 US$ compare
  2. 56 Nigeria 4.07 billion constant 2022 US$ compare
  3. 57 Azerbaijan 3.76 billion constant 2022 US$ compare
  4. 59 New Zealand 3.61 billion constant 2022 US$ compare
  5. 60 Peru 3.56 billion constant 2022 US$ compare
  6. 61 Myanmar 3.30 billion constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for South Africa

All data for South Africa →

Frequently asked questions

What is military spending in South Africa?
Military spending in South Africa was 3.63 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 South Africa?
The highest recorded value was 7.39 billion constant 2022 US$ in 1989.
What is the lowest military spending recorded in South Africa?
The lowest recorded value was 58.18 million constant 2022 US$ in 1920.
How does South Africa rank for military spending?
South Africa ranks 58th out of 172 countries with data for 2023.
Is military spending rising or falling in South Africa?
Over the last ten years it is down 25.1%. The long-run trend across the full record is volatile.
Where does this South Africa 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 — 104 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Military spending in South Africa. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/south-africa/

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/south-africa/">Military spending in South Africa</a> — Statizoid

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.