Military spending, per unit of GDP in Eswatini

Eswatini: Military spending, per unit of GDP was 0.0198 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile

Latest (2023)
0.0198 constant 2022 US$ per US$ of GDP
Change on year
up 3.6%
World rank
65th
of 170 countries
All-time high
31.68 constant 2022 US$ per US$ of GDP
in 1968
All-time low
0.0164 constant 2022 US$ per US$ of GDP
in 1975
Years of data
56
1968–2023

Military spending, per unit of GDP in Eswatini, 1968–2023

0102030196819952023

Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.

Analysis

The most recent figure for military spending, per unit of gdp in Eswatini is 0.0198 constant 2022 US$ per US$ of GDP, measured in 2023.

The figure is up 3.6% on the previous year and down 16.1% over ten years.

Over the whole period, military spending, per unit of gdp in Eswatini peaked at 31.68 constant 2022 US$ per US$ of GDP in 1968 and was at its lowest, 0.0164 constant 2022 US$ per US$ of GDP, in 1975.

Eswatini ranks 65th of 170 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, per unit of GDP in Eswatini, year by year

Annual values for Military spending, per unit of GDP in Eswatini, 1968 to 2023.
Year constant 2022 US$ per US$ of GDP Change
1968 31.68 constant 2022 US$ per US$ of GDP
1969 26.72 constant 2022 US$ per US$ of GDP -15.6%
1970 25.43 constant 2022 US$ per US$ of GDP -4.9%
1971 22.21 constant 2022 US$ per US$ of GDP -12.6%
1972 21.64 constant 2022 US$ per US$ of GDP -2.6%
1973 14.24 constant 2022 US$ per US$ of GDP -34.2%
1974 0.0186 constant 2022 US$ per US$ of GDP -99.9%
1975 0.0164 constant 2022 US$ per US$ of GDP -11.4%
1976 0.0272 constant 2022 US$ per US$ of GDP +65.7%
1977 0.0475 constant 2022 US$ per US$ of GDP +74.6%
1978 0.0647 constant 2022 US$ per US$ of GDP +36.2%
1979 0.0632 constant 2022 US$ per US$ of GDP -2.3%
1980 0.0513 constant 2022 US$ per US$ of GDP -18.9%
1981 0.0523 constant 2022 US$ per US$ of GDP +2.1%
1982 0.0597 constant 2022 US$ per US$ of GDP +14.1%
1983 0.0445 constant 2022 US$ per US$ of GDP -25.4%
1984 0.0389 constant 2022 US$ per US$ of GDP -12.5%
1985 0.0476 constant 2022 US$ per US$ of GDP +22.2%
1986 0.037 constant 2022 US$ per US$ of GDP -22.3%
1987 0.0283 constant 2022 US$ per US$ of GDP -23.6%
1988 0.024 constant 2022 US$ per US$ of GDP -15.0%
1989 0.0275 constant 2022 US$ per US$ of GDP +14.6%
1990 0.0199 constant 2022 US$ per US$ of GDP -27.5%
1991 0.0201 constant 2022 US$ per US$ of GDP +0.6%
1992 0.0234 constant 2022 US$ per US$ of GDP +16.4%
1993 0.027 constant 2022 US$ per US$ of GDP +15.4%
1994 0.0265 constant 2022 US$ per US$ of GDP -1.8%
1995 0.0238 constant 2022 US$ per US$ of GDP -10.1%
1996 0.025 constant 2022 US$ per US$ of GDP +5.1%
1997 0.0244 constant 2022 US$ per US$ of GDP -2.6%
1998 0.0277 constant 2022 US$ per US$ of GDP +13.5%
1999 0.0289 constant 2022 US$ per US$ of GDP +4.4%
2000 0.04 constant 2022 US$ per US$ of GDP +38.4%
2001 0.03 constant 2022 US$ per US$ of GDP -25.0%
2002 0.0316 constant 2022 US$ per US$ of GDP +5.4%
2003 0.0233 constant 2022 US$ per US$ of GDP -26.3%
2004 0.0236 constant 2022 US$ per US$ of GDP +1.4%
2005 0.0219 constant 2022 US$ per US$ of GDP -7.5%
2006 0.0227 constant 2022 US$ per US$ of GDP +4.0%
2007 0.0236 constant 2022 US$ per US$ of GDP +3.8%
2008 0.0264 constant 2022 US$ per US$ of GDP +11.7%
2009 0.0258 constant 2022 US$ per US$ of GDP -2.3%
2010 0.0238 constant 2022 US$ per US$ of GDP -7.7%
2011 0.0226 constant 2022 US$ per US$ of GDP -4.8%
2012 0.0218 constant 2022 US$ per US$ of GDP -3.8%
2013 0.0236 constant 2022 US$ per US$ of GDP +8.4%
2014 0.0227 constant 2022 US$ per US$ of GDP -4.0%
2015 0.0249 constant 2022 US$ per US$ of GDP +10.1%
2016 0.0271 constant 2022 US$ per US$ of GDP +8.7%
2017 0.023 constant 2022 US$ per US$ of GDP -15.1%
2018 0.0235 constant 2022 US$ per US$ of GDP +2.3%
2019 0.0233 constant 2022 US$ per US$ of GDP -1.1%
2020 0.0246 constant 2022 US$ per US$ of GDP +5.4%
2021 0.0213 constant 2022 US$ per US$ of GDP -13.5%
2022 0.0191 constant 2022 US$ per US$ of GDP -10.2%
2023 0.0198 constant 2022 US$ per US$ of GDP +3.6%

Eswatini compared with similar countries

  • Eswatini's 0.0198 constant 2022 US$ per US$ of GDP is above the median for lower middle income countries, which is 0.0153 constant 2022 US$ per US$ of GDP, 1.3× the median. (42 countries reporting)
  • Eswatini's 0.0198 constant 2022 US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.0159 constant 2022 US$ per US$ of GDP, 1.2× the median. (46 countries reporting)

Biggest year-on-year movements

Years where Military spending, per unit of GDP in Eswatini 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
1974 -99.9% 14.24 constant 2022 US$ per US$ of GDP 0.0186 constant 2022 US$ per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1960s 29.2 constant 2022 US$ per US$ of GDP 26.72 constant 2022 US$ per US$ of GDP 31.68 constant 2022 US$ per US$ of GDP 2
1970s 8.38 constant 2022 US$ per US$ of GDP 0.0164 constant 2022 US$ per US$ of GDP 25.43 constant 2022 US$ per US$ of GDP 10
1980s 0.0411 constant 2022 US$ per US$ of GDP 0.024 constant 2022 US$ per US$ of GDP 0.0597 constant 2022 US$ per US$ of GDP 10
1990s 0.0247 constant 2022 US$ per US$ of GDP 0.0199 constant 2022 US$ per US$ of GDP 0.0289 constant 2022 US$ per US$ of GDP 10
2000s 0.0269 constant 2022 US$ per US$ of GDP 0.0219 constant 2022 US$ per US$ of GDP 0.04 constant 2022 US$ per US$ of GDP 10
2010s 0.0236 constant 2022 US$ per US$ of GDP 0.0218 constant 2022 US$ per US$ of GDP 0.0271 constant 2022 US$ per US$ of GDP 10
2020s 0.0212 constant 2022 US$ per US$ of GDP 0.0191 constant 2022 US$ per US$ of GDP 0.0246 constant 2022 US$ per US$ of GDP 4

Countries ranked near Eswatini

  1. 62 Slovakia 0.0203 constant 2022 US$ per US$ of GDP compare
  2. 63 Niger 0.0201 constant 2022 US$ per US$ of GDP compare
  3. 64 Cambodia 0.0201 constant 2022 US$ per US$ of GDP compare
  4. 66 Denmark 0.0198 constant 2022 US$ per US$ of GDP compare
  5. 67 Bulgaria 0.0195 constant 2022 US$ per US$ of GDP compare
  6. 68 Vietnam 0.0195 constant 2022 US$ per US$ of GDP compare

See the full ranking of 170 places →

More reference data data for Eswatini

All data for Eswatini →

Frequently asked questions

What is military spending, per unit of gdp in Eswatini?
Military spending, per unit of gdp in Eswatini was 0.0198 constant 2022 US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Eswatini?
The highest recorded value was 31.68 constant 2022 US$ per US$ of GDP in 1968.
What is the lowest military spending, per unit of gdp recorded in Eswatini?
The lowest recorded value was 0.0164 constant 2022 US$ per US$ of GDP in 1975.
How does Eswatini rank for military spending, per unit of gdp?
Eswatini ranks 65th out of 170 countries with data for 2023.
Is military spending, per unit of gdp rising or falling in Eswatini?
Over the last ten years it is down 16.1%. The long-run trend across the full record is volatile.
Where does this Eswatini data come from?
The figures come from Statizoid (derived), published as part of Military spending, per unit of GDP. Statizoid updates them automatically from the source API.

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Military spending, per unit of GDP in Eswatini. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp-2/eswatini/

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How this figure is calculated

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military spending ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, per unit of GDP
Unit
constant 2022 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 9,064 data points, 1960–2023
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.