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.

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).

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.