Military spending per armed forces personnel in Liberia

Liberia: Military spending per armed forces personnel was 8,915 constant 2024 US$ in 2020. ▲ Rising

Latest (2020)
8,915 constant 2024 US$
Change on year
down 14.5%
World rank
127th
of 160 countries
All-time high
29,255 constant 2024 US$
in 2012
All-time low
3,918 constant 2024 US$
in 2005
Years of data
16
2005–2020

Military spending per armed forces personnel in Liberia, 2005–2020

010.0k20.0k30.0k2005201220202005: 3.9k constant 2024 US$2006: 12.9k constant 2024 US$2007: 9.8k constant 2024 US$2008: 10.2k constant 2024 US$2009: 17.1k constant 2024 US$2010: 19.0k constant 2024 US$2011: 27.3k constant 2024 US$2012: 29.3k constant 2024 US$2013: 27.1k constant 2024 US$2014: 23.7k constant 2024 US$2015: 22.4k constant 2024 US$2016: 20.5k constant 2024 US$2017: 16.9k constant 2024 US$2018: 12.9k constant 2024 US$2019: 10.4k constant 2024 US$2020: 8.9k constant 2024 US$

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

Liberia recorded 8,915 constant 2024 US$ for military spending per armed forces personnel in 2020.

That represents a change of down 14.5% on the previous year and down 53.0% over ten years.

Over the whole period, military spending per armed forces personnel in Liberia peaked at 29,255 constant 2024 US$ in 2012 and was at its lowest, 3,918 constant 2024 US$, in 2005.

Liberia ranks 127th of 160 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 16 years of available data.

Military spending per armed forces personnel in Liberia, year by year

Annual values for Military spending per armed forces personnel in Liberia, 2005 to 2020.
Year constant 2024 US$ Change
2005 3,918 constant 2024 US$
2006 12,903 constant 2024 US$ +229.3%
2007 9,754 constant 2024 US$ -24.4%
2008 10,176 constant 2024 US$ +4.3%
2009 17,119 constant 2024 US$ +68.2%
2010 18,985 constant 2024 US$ +10.9%
2011 27,325 constant 2024 US$ +43.9%
2012 29,255 constant 2024 US$ +7.1%
2013 27,073 constant 2024 US$ -7.5%
2014 23,697 constant 2024 US$ -12.5%
2015 22,400 constant 2024 US$ -5.5%
2016 20,459 constant 2024 US$ -8.7%
2017 16,906 constant 2024 US$ -17.4%
2018 12,928 constant 2024 US$ -23.5%
2019 10,426 constant 2024 US$ -19.4%
2020 8,915 constant 2024 US$ -14.5%

Liberia compared with similar countries

  • Liberia's 8,915 constant 2024 US$ is above the median for low income countries, which is 7,109 constant 2024 US$, 1.3× the median. (21 countries reporting)
  • Liberia's 8,915 constant 2024 US$ is below the median for Sub-Saharan Africa, which is 13,391 constant 2024 US$, 67% of the median. (45 countries reporting)

Biggest year-on-year movements

Years where Military spending per armed forces personnel in Liberia 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
2006 +229.3% 3,918 constant 2024 US$ 12,903 constant 2024 US$

Averages by decade

DecadeAverage LowestHighest Years
2000s 10,774 constant 2024 US$ 3,918 constant 2024 US$ 17,119 constant 2024 US$ 5
2010s 20,945 constant 2024 US$ 10,426 constant 2024 US$ 29,255 constant 2024 US$ 10
2020s 8,915 constant 2024 US$ 8,915 constant 2024 US$ 8,915 constant 2024 US$ 1

Countries ranked near Liberia

  1. 124 Turkmenistan 9,904 constant 2024 US$
  2. 125 Guatemala 9,659 constant 2024 US$ compare
  3. 126 El Salvador 9,530 constant 2024 US$ compare
  4. 128 Somalia 8,776 constant 2024 US$ compare
  5. 129 Chad 8,628 constant 2024 US$ compare
  6. 130 Montenegro 8,523 constant 2024 US$ compare

See the full ranking of 160 places →

More reference data data for Liberia

All data for Liberia →

Frequently asked questions

What is military spending per armed forces personnel in Liberia?
Military spending per armed forces personnel in Liberia was 8,915 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 Liberia?
The highest recorded value was 29,255 constant 2024 US$ in 2012.
What is the lowest military spending per armed forces personnel recorded in Liberia?
The lowest recorded value was 3,918 constant 2024 US$ in 2005.
How does Liberia rank for military spending per armed forces personnel?
Liberia ranks 127th out of 160 countries with data for 2020.
Is military spending per armed forces personnel rising or falling in Liberia?
Over the last ten years it is down 53.0%. The long-run trend across the full record is rising.
Where does this Liberia 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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Military spending per armed forces personnel in Liberia. Statizoid, drawing on 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. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/military-spending-per-armed-forces-personnel/liberia/

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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.