Military spending in Azerbaijan

Azerbaijan: Military spending was 4.67 billion constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
4.67 billion constant 2024 US$
Change on year
up 23.7%
World rank
51st
of 162 countries
All-time high
4.67 billion constant 2024 US$
in 2025
All-time low
154.59 million constant 2024 US$
in 1996
Years of data
34
1992–2025

Military spending in Azerbaijan, 1992–2025

01.0B2.0B3.0B4.0B5.0B1992200820251992: 399.5M constant 2024 US$1993: 420.2M constant 2024 US$1994: 212.3M constant 2024 US$1995: 175.6M constant 2024 US$1996: 154.6M constant 2024 US$1997: 177.7M constant 2024 US$1998: 202.5M constant 2024 US$1999: 264.3M constant 2024 US$2000: 280.3M constant 2024 US$2001: 316.3M constant 2024 US$2002: 340.7M constant 2024 US$2003: 425.3M constant 2024 US$2004: 515.6M constant 2024 US$2005: 604.0M constant 2024 US$2006: 1.2B constant 2024 US$2007: 1.3B constant 2024 US$2008: 1.8B constant 2024 US$2009: 1.6B constant 2024 US$2010: 1.5B constant 2024 US$2011: 2.9B constant 2024 US$2012: 3.0B constant 2024 US$2013: 3.0B constant 2024 US$2014: 3.0B constant 2024 US$2015: 3.2B constant 2024 US$2016: 2.2B constant 2024 US$2017: 2.3B constant 2024 US$2018: 2.4B constant 2024 US$2019: 2.6B constant 2024 US$2020: 3.0B constant 2024 US$2021: 3.4B constant 2024 US$2022: 3.3B constant 2024 US$2023: 3.6B constant 2024 US$2024: 3.8B constant 2024 US$2025: 4.7B constant 2024 US$

Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.

Analysis

Azerbaijan recorded 4.67 billion constant 2024 US$ for military spending in 2025. That is the highest value across all 34 years on record.

Compared with earlier readings it is up 23.7% on the previous year and up 44.6% over ten years.

Over the whole period, military spending in Azerbaijan peaked at 4.67 billion constant 2024 US$ in 2025 and was at its lowest, 154.59 million constant 2024 US$, in 1996.

Azerbaijan ranks 51st of 162 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
1990s 250.83 million constant 2024 US$ 154.59 million constant 2024 US$ 420.23 million constant 2024 US$ 8
2000s 848.91 million constant 2024 US$ 280.29 million constant 2024 US$ 1.81 billion constant 2024 US$ 10
2010s 2.61 billion constant 2024 US$ 1.52 billion constant 2024 US$ 3.23 billion constant 2024 US$ 10
2020s 3.64 billion constant 2024 US$ 3.02 billion constant 2024 US$ 4.67 billion constant 2024 US$ 6

Countries ranked near Azerbaijan

  1. 48 Thailand 5.57 billion constant 2024 US$ compare
  2. 49 Portugal 5.50 billion constant 2024 US$ compare
  3. 50 Chile 5.15 billion constant 2024 US$ compare
  4. 52 Myanmar 4.65 billion constant 2024 US$ compare
  5. 53 Hungary 4.62 billion constant 2024 US$ compare
  6. 54 Malaysia 4.55 billion constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is military spending in Azerbaijan?
Military spending in Azerbaijan was 4.67 billion constant 2024 US$ in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
What is the highest military spending recorded in Azerbaijan?
The highest recorded value was 4.67 billion constant 2024 US$ in 2025.
What is the lowest military spending recorded in Azerbaijan?
The lowest recorded value was 154.59 million constant 2024 US$ in 1996.
How does Azerbaijan rank for military spending?
Azerbaijan ranks 51st out of 162 countries with data for 2025.
Is military spending rising or falling in Azerbaijan?
Over the last ten years it is up 44.6%. The long-run trend across the full record is volatile.
Where does this Azerbaijan data come from?
The figures come from Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

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CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Military spending
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
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.