Military spending, per unit of GDP in Nepal

Nepal: Military spending, per unit of GDP was 0.0129 constant 2022 US$ per US$ of GDP in 2023. ▼ Falling

Latest (2023)
0.0129 constant 2022 US$ per US$ of GDP
Change on year
up 6.4%
World rank
121st
of 170 countries
All-time high
0.065 constant 2022 US$ per US$ of GDP
in 1964
All-time low
0.0121 constant 2022 US$ per US$ of GDP
in 2022
Years of data
64
1960–2023

Military spending, per unit of GDP in Nepal, 1960–2023

0.020.040.06196019912023

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

Analysis

In 2023, military spending, per unit of gdp in Nepal stood at 0.0129 constant 2022 US$ per US$ of GDP.

That represents a change of up 6.4% on the previous year and down 4.4% over ten years.

Over the whole period, military spending, per unit of gdp in Nepal peaked at 0.065 constant 2022 US$ per US$ of GDP in 1964 and was at its lowest, 0.0121 constant 2022 US$ per US$ of GDP, in 2022.

That places Nepal 121st out of 170 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently falling across the 64 years of available data.

Military spending, per unit of GDP in Nepal, year by year

Annual values for Military spending, per unit of GDP in Nepal, 1960 to 2023.
Year constant 2022 US$ per US$ of GDP Change
1960 0.0352 constant 2022 US$ per US$ of GDP
1961 0.0404 constant 2022 US$ per US$ of GDP +14.9%
1962 0.0427 constant 2022 US$ per US$ of GDP +5.7%
1963 0.0576 constant 2022 US$ per US$ of GDP +34.6%
1964 0.065 constant 2022 US$ per US$ of GDP +12.9%
1965 0.0479 constant 2022 US$ per US$ of GDP -26.3%
1966 0.0373 constant 2022 US$ per US$ of GDP -22.1%
1967 0.0406 constant 2022 US$ per US$ of GDP +8.8%
1968 0.0442 constant 2022 US$ per US$ of GDP +8.8%
1969 0.0417 constant 2022 US$ per US$ of GDP -5.6%
1970 0.0368 constant 2022 US$ per US$ of GDP -11.6%
1971 0.0342 constant 2022 US$ per US$ of GDP -7.1%
1972 0.0303 constant 2022 US$ per US$ of GDP -11.3%
1973 0.0305 constant 2022 US$ per US$ of GDP +0.4%
1974 0.0267 constant 2022 US$ per US$ of GDP -12.3%
1975 0.0213 constant 2022 US$ per US$ of GDP -20.5%
1976 0.029 constant 2022 US$ per US$ of GDP +36.4%
1977 0.0325 constant 2022 US$ per US$ of GDP +12.2%
1978 0.0288 constant 2022 US$ per US$ of GDP -11.3%
1979 0.0277 constant 2022 US$ per US$ of GDP -4.0%
1980 0.0254 constant 2022 US$ per US$ of GDP -8.4%
1981 0.0224 constant 2022 US$ per US$ of GDP -11.8%
1982 0.024 constant 2022 US$ per US$ of GDP +7.0%
1983 0.0232 constant 2022 US$ per US$ of GDP -3.0%
1984 0.0227 constant 2022 US$ per US$ of GDP -2.4%
1985 0.023 constant 2022 US$ per US$ of GDP +1.3%
1986 0.0213 constant 2022 US$ per US$ of GDP -7.4%
1987 0.0205 constant 2022 US$ per US$ of GDP -3.5%
1988 0.0177 constant 2022 US$ per US$ of GDP -13.7%
1989 0.0173 constant 2022 US$ per US$ of GDP -2.4%
1990 0.0165 constant 2022 US$ per US$ of GDP -4.4%
1991 0.0152 constant 2022 US$ per US$ of GDP -7.9%
1992 0.0198 constant 2022 US$ per US$ of GDP +29.7%
1993 0.0185 constant 2022 US$ per US$ of GDP -6.2%
1994 0.0173 constant 2022 US$ per US$ of GDP -6.8%
1995 0.0162 constant 2022 US$ per US$ of GDP -6.3%
1996 0.0148 constant 2022 US$ per US$ of GDP -8.7%
1997 0.0145 constant 2022 US$ per US$ of GDP -1.9%
1998 0.015 constant 2022 US$ per US$ of GDP +3.1%
1999 0.016 constant 2022 US$ per US$ of GDP +7.1%
2000 0.0175 constant 2022 US$ per US$ of GDP +9.1%
2001 0.0238 constant 2022 US$ per US$ of GDP +36.1%
2002 0.023 constant 2022 US$ per US$ of GDP -3.2%
2003 0.0249 constant 2022 US$ per US$ of GDP +8.1%
2004 0.0252 constant 2022 US$ per US$ of GDP +1.1%
2005 0.0264 constant 2022 US$ per US$ of GDP +4.9%
2006 0.0233 constant 2022 US$ per US$ of GDP -11.8%
2007 0.0208 constant 2022 US$ per US$ of GDP -10.9%
2008 0.0184 constant 2022 US$ per US$ of GDP -11.6%
2009 0.0195 constant 2022 US$ per US$ of GDP +6.3%
2010 0.0175 constant 2022 US$ per US$ of GDP -10.6%
2011 0.0142 constant 2022 US$ per US$ of GDP -18.7%
2012 0.0138 constant 2022 US$ per US$ of GDP -2.6%
2013 0.0135 constant 2022 US$ per US$ of GDP -2.4%
2014 0.0152 constant 2022 US$ per US$ of GDP +12.7%
2015 0.0158 constant 2022 US$ per US$ of GDP +3.8%
2016 0.0172 constant 2022 US$ per US$ of GDP +9.0%
2017 0.0161 constant 2022 US$ per US$ of GDP -6.6%
2018 0.015 constant 2022 US$ per US$ of GDP -7.0%
2019 0.0158 constant 2022 US$ per US$ of GDP +6.0%
2020 0.0167 constant 2022 US$ per US$ of GDP +5.4%
2021 0.0141 constant 2022 US$ per US$ of GDP -15.5%
2022 0.0121 constant 2022 US$ per US$ of GDP -14.0%
2023 0.0129 constant 2022 US$ per US$ of GDP +6.4%

Nepal compared with similar countries

  • Nepal's 0.0129 constant 2022 US$ per US$ of GDP is below the median for lower middle income countries, which is 0.0153 constant 2022 US$ per US$ of GDP, 84% of the median. (42 countries reporting)
  • Nepal's 0.0129 constant 2022 US$ per US$ of GDP is below the median for South Asia, which is 0.0141 constant 2022 US$ per US$ of GDP, 92% of the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.0453 constant 2022 US$ per US$ of GDP 0.0352 constant 2022 US$ per US$ of GDP 0.065 constant 2022 US$ per US$ of GDP 10
1970s 0.0298 constant 2022 US$ per US$ of GDP 0.0213 constant 2022 US$ per US$ of GDP 0.0368 constant 2022 US$ per US$ of GDP 10
1980s 0.0217 constant 2022 US$ per US$ of GDP 0.0173 constant 2022 US$ per US$ of GDP 0.0254 constant 2022 US$ per US$ of GDP 10
1990s 0.0164 constant 2022 US$ per US$ of GDP 0.0145 constant 2022 US$ per US$ of GDP 0.0198 constant 2022 US$ per US$ of GDP 10
2000s 0.0223 constant 2022 US$ per US$ of GDP 0.0175 constant 2022 US$ per US$ of GDP 0.0264 constant 2022 US$ per US$ of GDP 10
2010s 0.0154 constant 2022 US$ per US$ of GDP 0.0135 constant 2022 US$ per US$ of GDP 0.0175 constant 2022 US$ per US$ of GDP 10
2020s 0.014 constant 2022 US$ per US$ of GDP 0.0121 constant 2022 US$ per US$ of GDP 0.0167 constant 2022 US$ per US$ of GDP 4

Countries ranked near Nepal

  1. 118 Belgium 0.013 constant 2022 US$ per US$ of GDP compare
  2. 119 Kenya 0.013 constant 2022 US$ per US$ of GDP compare
  3. 120 Trinidad and Tobago 0.0129 constant 2022 US$ per US$ of GDP compare
  4. 122 Brazil 0.0125 constant 2022 US$ per US$ of GDP compare
  5. 123 Panama 0.0124 constant 2022 US$ per US$ of GDP compare
  6. 124 Bangladesh 0.0122 constant 2022 US$ per US$ of GDP compare

See the full ranking of 170 places →

More reference data data for Nepal

All data for Nepal →

Frequently asked questions

What is military spending, per unit of gdp in Nepal?
Military spending, per unit of gdp in Nepal was 0.0129 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 Nepal?
The highest recorded value was 0.065 constant 2022 US$ per US$ of GDP in 1964.
What is the lowest military spending, per unit of gdp recorded in Nepal?
The lowest recorded value was 0.0121 constant 2022 US$ per US$ of GDP in 2022.
How does Nepal rank for military spending, per unit of gdp?
Nepal ranks 121st out of 170 countries with data for 2023.
Is military spending, per unit of gdp rising or falling in Nepal?
Over the last ten years it is down 4.4%. The long-run trend across the full record is falling.
Where does this Nepal 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 Nepal. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp-2/nepal/

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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.