Military spending in Singapore

Singapore: Military spending was 16.90 billion constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
16.90 billion constant 2024 US$
Change on year
up 10.3%
World rank
24th
of 162 countries
All-time high
16.90 billion constant 2024 US$
in 2025
All-time low
1.03 billion constant 2024 US$
in 1970
Years of data
56
1970–2025

Military spending in Singapore, 1970–2025

05.0B10.0B15.0B197019972025

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

Analysis

Singapore recorded 16.90 billion constant 2024 US$ for military spending in 2025. That is the highest value across all 56 years on record.

Compared with earlier readings it is up 10.3% on the previous year and up 48.9% over ten years.

Over the whole period, military spending in Singapore peaked at 16.90 billion constant 2024 US$ in 2025 and was at its lowest, 1.03 billion constant 2024 US$, in 1970.

That places Singapore 24th out of 162 countries with data for 2025, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.46 billion constant 2024 US$ 1.03 billion constant 2024 US$ 1.91 billion constant 2024 US$ 10
1980s 2.97 billion constant 2024 US$ 2.08 billion constant 2024 US$ 3.95 billion constant 2024 US$ 10
1990s 6.37 billion constant 2024 US$ 4.53 billion constant 2024 US$ 9.03 billion constant 2024 US$ 10
2000s 9.99 billion constant 2024 US$ 8.73 billion constant 2024 US$ 11.23 billion constant 2024 US$ 10
2010s 11.37 billion constant 2024 US$ 10.34 billion constant 2024 US$ 12.50 billion constant 2024 US$ 10
2020s 14.05 billion constant 2024 US$ 11.79 billion constant 2024 US$ 16.90 billion constant 2024 US$ 6

Countries ranked near Singapore

  1. 21 Algeria 24.13 billion constant 2024 US$ compare
  2. 22 Brazil 23.64 billion constant 2024 US$ compare
  3. 23 Taiwan 17.34 billion constant 2024 US$ compare
  4. 25 Norway 16.09 billion constant 2024 US$ compare
  5. 26 Qatar 16.08 billion constant 2024 US$ compare
  6. 27 Indonesia 15.33 billion constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Singapore

All data for Singapore →

Frequently asked questions

What is military spending in Singapore?
Military spending in Singapore was 16.90 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 Singapore?
The highest recorded value was 16.90 billion constant 2024 US$ in 2025.
What is the lowest military spending recorded in Singapore?
The lowest recorded value was 1.03 billion constant 2024 US$ in 1970.
How does Singapore rank for military spending?
Singapore ranks 24th out of 162 countries with data for 2025.
Is military spending rising or falling in Singapore?
Over the last ten years it is up 48.9%. The long-run trend across the full record is volatile.
Where does this Singapore 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 — 56 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.