Military spending in Eswatini

Eswatini: Military spending was 88.11 million constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
88.11 million constant 2024 US$
Change on year
up 6.0%
World rank
143rd
of 162 countries
All-time high
91.14 million constant 2024 US$
in 2016
All-time low
13.14 million constant 2024 US$
in 1988
Years of data
49
1977–2025

Military spending in Eswatini, 1977–2025

20.0M40.0M60.0M80.0M100.0M197720012025

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

Analysis

The most recent figure for military spending in Eswatini is 88.11 million constant 2024 US$, measured in 2025.

That represents a change of up 6.0% on the previous year and up 13.3% over ten years.

Over the whole period, military spending in Eswatini peaked at 91.14 million constant 2024 US$ in 2016 and was at its lowest, 13.14 million constant 2024 US$, in 1988.

Eswatini ranks 143rd of 162 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 18.78 million constant 2024 US$ 14.60 million constant 2024 US$ 21.13 million constant 2024 US$ 3
1980s 16.49 million constant 2024 US$ 13.14 million constant 2024 US$ 21.25 million constant 2024 US$ 10
1990s 31.43 million constant 2024 US$ 20.05 million constant 2024 US$ 39.25 million constant 2024 US$ 10
2000s 52.81 million constant 2024 US$ 35.61 million constant 2024 US$ 75.47 million constant 2024 US$ 10
2010s 81.60 million constant 2024 US$ 72.27 million constant 2024 US$ 91.14 million constant 2024 US$ 10
2020s 82.98 million constant 2024 US$ 76.42 million constant 2024 US$ 88.11 million constant 2024 US$ 6

Countries ranked near Eswatini

  1. 140 Papua New Guinea 109.46 million constant 2024 US$ compare
  2. 141 Moldova 102.67 million constant 2024 US$ compare
  3. 142 South Sudan 102.61 million constant 2024 US$ compare
  4. 144 Fiji 81.39 million constant 2024 US$ compare
  5. 145 Central African Republic 68.03 million constant 2024 US$ compare
  6. 146 Djibouti 51.72 million constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Eswatini

All data for Eswatini →

Frequently asked questions

What is military spending in Eswatini?
Military spending in Eswatini was 88.11 million 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 Eswatini?
The highest recorded value was 91.14 million constant 2024 US$ in 2016.
What is the lowest military spending recorded in Eswatini?
The lowest recorded value was 13.14 million constant 2024 US$ in 1988.
How does Eswatini rank for military spending?
Eswatini ranks 143rd out of 162 countries with data for 2025.
Is military spending rising or falling in Eswatini?
Over the last ten years it is up 13.3%. The long-run trend across the full record is volatile.
Where does this Eswatini 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.

Download this data

CSV · JSON — 49 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.