Military spending in Namibia

Namibia: Military spending was 386.27 million constant 2024 US$ in 2025. ▲ Rising

Latest (2025)
386.27 million constant 2024 US$
Change on year
up 5.0%
World rank
114th
of 162 countries
All-time high
548.14 million constant 2024 US$
in 2015
All-time low
73.07 million constant 2024 US$
in 1994
Years of data
36
1990–2025

Military spending in Namibia, 1990–2025

100.0M200.0M300.0M400.0M500.0M1990200720251990: 247.9M constant 2024 US$1991: 215.1M constant 2024 US$1992: 157.2M constant 2024 US$1993: 92.8M constant 2024 US$1994: 73.1M constant 2024 US$1995: 80.5M constant 2024 US$1996: 85.5M constant 2024 US$1997: 105.1M constant 2024 US$1998: 111.6M constant 2024 US$1999: 151.1M constant 2024 US$2000: 136.0M constant 2024 US$2001: 160.4M constant 2024 US$2002: 158.4M constant 2024 US$2003: 156.1M constant 2024 US$2004: 165.1M constant 2024 US$2005: 182.8M constant 2024 US$2006: 192.7M constant 2024 US$2007: 215.1M constant 2024 US$2008: 269.8M constant 2024 US$2009: 284.5M constant 2024 US$2010: 310.3M constant 2024 US$2011: 327.8M constant 2024 US$2012: 322.7M constant 2024 US$2013: 340.0M constant 2024 US$2014: 500.0M constant 2024 US$2015: 548.1M constant 2024 US$2016: 486.5M constant 2024 US$2017: 442.3M constant 2024 US$2018: 423.4M constant 2024 US$2019: 404.2M constant 2024 US$2020: 401.4M constant 2024 US$2021: 377.8M constant 2024 US$2022: 360.3M constant 2024 US$2023: 355.6M constant 2024 US$2024: 368.0M constant 2024 US$2025: 386.3M constant 2024 US$

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

Analysis

The most recent figure for military spending in Namibia is 386.27 million constant 2024 US$, measured in 2025.

That represents a change of up 5.0% on the previous year and down 29.5% over ten years.

Over the whole period, military spending in Namibia peaked at 548.14 million constant 2024 US$ in 2015 and was at its lowest, 73.07 million constant 2024 US$, in 1994.

That places Namibia 114th out of 162 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 36 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 131.99 million constant 2024 US$ 73.07 million constant 2024 US$ 247.94 million constant 2024 US$ 10
2000s 192.09 million constant 2024 US$ 136.04 million constant 2024 US$ 284.45 million constant 2024 US$ 10
2010s 410.53 million constant 2024 US$ 310.25 million constant 2024 US$ 548.14 million constant 2024 US$ 10
2020s 374.87 million constant 2024 US$ 355.57 million constant 2024 US$ 401.36 million constant 2024 US$ 6

Countries ranked near Namibia

  1. 111 Mozambique 445.67 million constant 2024 US$ compare
  2. 112 Nepal 429.02 million constant 2024 US$ compare
  3. 113 Paraguay 405.76 million constant 2024 US$ compare
  4. 115 Ghana 385.16 million constant 2024 US$ compare
  5. 116 North Macedonia 346.10 million constant 2024 US$ compare
  6. 117 Zambia 342.74 million constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Namibia

All data for Namibia →

Frequently asked questions

What is military spending in Namibia?
Military spending in Namibia was 386.27 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 Namibia?
The highest recorded value was 548.14 million constant 2024 US$ in 2015.
What is the lowest military spending recorded in Namibia?
The lowest recorded value was 73.07 million constant 2024 US$ in 1994.
How does Namibia rank for military spending?
Namibia ranks 114th out of 162 countries with data for 2025.
Is military spending rising or falling in Namibia?
Over the last ten years it is down 29.5%. The long-run trend across the full record is rising.
Where does this Namibia 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 — 36 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.