Military spending in Liberia

Liberia: Military spending was 40.26 million constant 2024 US$ in 2025. ▲ Rising

Latest (2025)
40.26 million constant 2024 US$
Change on year
up 19.0%
World rank
148th
of 162 countries
All-time high
67.65 million constant 2024 US$
in 2023
All-time low
17.83 million constant 2024 US$
in 2020
Years of data
22
2004–2025

Military spending in Liberia, 2004–2025

20.0M30.0M40.0M50.0M60.0M70.0M2004201420252004: 25.0M constant 2024 US$2005: 58.8M constant 2024 US$2006: 25.8M constant 2024 US$2007: 19.5M constant 2024 US$2008: 20.4M constant 2024 US$2009: 34.9M constant 2024 US$2010: 38.7M constant 2024 US$2011: 56.0M constant 2024 US$2012: 60.0M constant 2024 US$2013: 55.5M constant 2024 US$2014: 48.6M constant 2024 US$2015: 45.9M constant 2024 US$2016: 41.9M constant 2024 US$2017: 33.8M constant 2024 US$2018: 27.1M constant 2024 US$2019: 20.9M constant 2024 US$2020: 17.8M constant 2024 US$2021: 38.1M constant 2024 US$2022: 62.2M constant 2024 US$2023: 67.7M constant 2024 US$2024: 33.8M constant 2024 US$2025: 40.3M constant 2024 US$

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

Analysis

Liberia recorded 40.26 million constant 2024 US$ for military spending in 2025.

The figure is up 19.0% on the previous year and down 12.3% over ten years.

Over the whole period, military spending in Liberia peaked at 67.65 million constant 2024 US$ in 2023 and was at its lowest, 17.83 million constant 2024 US$, in 2020.

That places Liberia 148th out of 162 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 30.73 million constant 2024 US$ 19.51 million constant 2024 US$ 58.77 million constant 2024 US$ 6
2010s 42.85 million constant 2024 US$ 20.85 million constant 2024 US$ 59.97 million constant 2024 US$ 10
2020s 43.31 million constant 2024 US$ 17.83 million constant 2024 US$ 67.65 million constant 2024 US$ 6

Countries ranked near Liberia

  1. 145 Central African Republic 68.03 million constant 2024 US$ compare
  2. 146 Djibouti 51.72 million constant 2024 US$ compare
  3. 147 East Timor 47.50 million constant 2024 US$ compare
  4. 149 Lesotho 37.25 million constant 2024 US$ compare
  5. 150 Belize 32.86 million constant 2024 US$ compare
  6. 151 Haiti 30.42 million constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Liberia

All data for Liberia →

Frequently asked questions

What is military spending in Liberia?
Military spending in Liberia was 40.26 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 Liberia?
The highest recorded value was 67.65 million constant 2024 US$ in 2023.
What is the lowest military spending recorded in Liberia?
The lowest recorded value was 17.83 million constant 2024 US$ in 2020.
How does Liberia rank for military spending?
Liberia ranks 148th out of 162 countries with data for 2025.
Is military spending rising or falling in Liberia?
Over the last ten years it is down 12.3%. 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) – 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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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.