Military spending in Sri Lanka

Sri Lanka: Military spending was 1.36 billion constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
1.36 billion constant 2024 US$
Change on year
up 7.8%
World rank
79th
of 162 countries
All-time high
2.16 billion constant 2024 US$
in 2015
All-time low
8.31 million constant 2024 US$
in 1951
Years of data
75
1951–2025

Military spending in Sri Lanka, 1951–2025

0500.0M1.0B1.5B2.0B195119882025

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

Analysis

Sri Lanka recorded 1.36 billion constant 2024 US$ for military spending in 2025.

That represents a change of up 7.8% on the previous year and down 37.0% over ten years.

Over the whole period, military spending in Sri Lanka peaked at 2.16 billion constant 2024 US$ in 2015 and was at its lowest, 8.31 million constant 2024 US$, in 1951.

Sri Lanka ranks 79th 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
1950s 27.04 million constant 2024 US$ 8.31 million constant 2024 US$ 53.80 million constant 2024 US$ 9
1960s 48.17 million constant 2024 US$ 41.87 million constant 2024 US$ 54.98 million constant 2024 US$ 10
1970s 84.80 million constant 2024 US$ 64.17 million constant 2024 US$ 122.68 million constant 2024 US$ 10
1980s 347.26 million constant 2024 US$ 91.99 million constant 2024 US$ 723.93 million constant 2024 US$ 10
1990s 1.14 billion constant 2024 US$ 525.91 million constant 2024 US$ 1.68 billion constant 2024 US$ 10
2000s 1.45 billion constant 2024 US$ 1.10 billion constant 2024 US$ 1.89 billion constant 2024 US$ 10
2010s 1.86 billion constant 2024 US$ 1.67 billion constant 2024 US$ 2.16 billion constant 2024 US$ 10
2020s 1.42 billion constant 2024 US$ 1.20 billion constant 2024 US$ 1.74 billion constant 2024 US$ 6

Countries ranked near Sri Lanka

  1. 77 Bahrain 1.46 billion constant 2024 US$ compare
  2. 78 Estonia 1.44 billion constant 2024 US$ compare
  3. 80 Kenya 1.36 billion constant 2024 US$ compare
  4. 81 Tunisia 1.35 billion constant 2024 US$ compare
  5. 82 Kazakhstan 1.31 billion constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Sri Lanka

All data for Sri Lanka →

Frequently asked questions

What is military spending in Sri Lanka?
Military spending in Sri Lanka was 1.36 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 Sri Lanka?
The highest recorded value was 2.16 billion constant 2024 US$ in 2015.
What is the lowest military spending recorded in Sri Lanka?
The lowest recorded value was 8.31 million constant 2024 US$ in 1951.
How does Sri Lanka rank for military spending?
Sri Lanka ranks 79th out of 162 countries with data for 2025.
Is military spending rising or falling in Sri Lanka?
Over the last ten years it is down 37.0%. The long-run trend across the full record is volatile.
Where does this Sri Lanka 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 — 75 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.