Military spending per armed forces personnel in Bangladesh

Bangladesh: Military spending per armed forces personnel was 20,749 constant 2024 US$ in 2020. β–² Rising

Latest (2020)
20,749 constant 2024 US$
Change on year
up 1.7%
World rank
93rd
of 160 countries
All-time high
20,749 constant 2024 US$
in 2020
All-time low
6,411 constant 2024 US$
in 2004
Years of data
33
1985–2020

Military spending per armed forces personnel in Bangladesh, 1985–2020

5.0k10.0k15.0k20.0k1985200220201985: 7.1k constant 2024 US$1989: 8.9k constant 2024 US$1990: 8.8k constant 2024 US$1991: 8.6k constant 2024 US$1992: 9.9k constant 2024 US$1993: 10.8k constant 2024 US$1994: 11.4k constant 2024 US$1995: 7.8k constant 2024 US$1996: 8.3k constant 2024 US$1997: 8.7k constant 2024 US$1998: 8.8k constant 2024 US$1999: 8.1k constant 2024 US$2000: 11.9k constant 2024 US$2001: 8.1k constant 2024 US$2002: 7.9k constant 2024 US$2003: 8.4k constant 2024 US$2004: 6.4k constant 2024 US$2005: 6.5k constant 2024 US$2006: 8.2k constant 2024 US$2007: 8.4k constant 2024 US$2008: 8.3k constant 2024 US$2009: 9.6k constant 2024 US$2010: 11.6k constant 2024 US$2011: 12.3k constant 2024 US$2012: 12.9k constant 2024 US$2013: 12.9k constant 2024 US$2014: 13.8k constant 2024 US$2015: 15.6k constant 2024 US$2016: 17.1k constant 2024 US$2017: 16.7k constant 2024 US$2018: 17.9k constant 2024 US$2019: 20.4k constant 2024 US$2020: 20.7k constant 2024 US$

Source: Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.

Analysis

Bangladesh recorded 20,749 constant 2024 US$ for military spending per armed forces personnel in 2020. That is the highest value across all 33 years on record.

Compared with earlier readings it is up 1.7% on the previous year and up 78.8% over ten years.

Over the whole period, military spending per armed forces personnel in Bangladesh peaked at 20,749 constant 2024 US$ in 2020 and was at its lowest, 6,411 constant 2024 US$, in 2004.

Bangladesh ranks 93rd of 160 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 33 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 7,973 constant 2024 US$ 7,094 constant 2024 US$ 8,852 constant 2024 US$ 2
1990s 9,126 constant 2024 US$ 7,806 constant 2024 US$ 11,450 constant 2024 US$ 10
2000s 8,354 constant 2024 US$ 6,411 constant 2024 US$ 11,854 constant 2024 US$ 10
2010s 15,116 constant 2024 US$ 11,608 constant 2024 US$ 20,405 constant 2024 US$ 10
2020s 20,749 constant 2024 US$ 20,749 constant 2024 US$ 20,749 constant 2024 US$ 1

Countries ranked near Bangladesh

  1. 90 East Timor 23,610 constant 2024 US$ compare
  2. 91 Lesotho 22,477 constant 2024 US$ compare
  3. 92 Morocco 21,729 constant 2024 US$ compare
  4. 94 Senegal 20,668 constant 2024 US$ compare
  5. 95 Armenia 19,870 constant 2024 US$ compare
  6. 96 Fiji 19,598 constant 2024 US$ compare

See the full ranking of 160 places β†’

More reference data data for Bangladesh

All data for Bangladesh β†’

Frequently asked questions

What is military spending per armed forces personnel in Bangladesh?
Military spending per armed forces personnel in Bangladesh was 20,749 constant 2024 US$ in 2020, according to Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data.
What is the highest military spending per armed forces personnel recorded in Bangladesh?
The highest recorded value was 20,749 constant 2024 US$ in 2020.
What is the lowest military spending per armed forces personnel recorded in Bangladesh?
The lowest recorded value was 6,411 constant 2024 US$ in 2004.
How does Bangladesh rank for military spending per armed forces personnel?
Bangladesh ranks 93rd out of 160 countries with data for 2020.
Is military spending per armed forces personnel rising or falling in Bangladesh?
Over the last ten years it is up 78.8%. The long-run trend across the full record is rising.
Where does this Bangladesh data come from?
The figures come from Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data, published as part of Military spending per armed forces personnel. Statizoid updates them automatically from the source API.

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About this data

Indicator
Military spending per armed forces personnel
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
160 places, 4,610 data points, 1985–2020
Last refreshed

Total military expenditure divided by armed forces personnel. 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.