Namibia Military Spending/Defense Budget 1991-2024

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Namibia military spending/defense budget for 2021 was $0.40B, a 9.13% increase from 2020.
  • Namibia military spending/defense budget for 2020 was $0.37B, a 11.07% decline from 2019.
  • Namibia military spending/defense budget for 2019 was $0.41B, a 9.11% decline from 2018.
  • Namibia military spending/defense budget for 2018 was $0.46B, a 0.11% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $293.35B
Russia $65.91B
Iran $24.59B
Brazil $19.19B
Turkey $15.48B
Colombia $10.18B
Algeria $9.11B
Mexico $8.68B
Thailand $6.60B
Romania $5.56B
Iraq $4.73B
Malaysia $3.83B
South Africa $3.27B
Azerbaijan $2.70B
Ecuador $2.42B
Peru $2.36B
Jordan $2.18B
Kazakhstan $1.62B
Serbia $1.27B
Bulgaria $1.22B
Belarus $0.76B
Armenia $0.62B
Dominican Republic $0.58B
Botswana $0.52B
Namibia $0.40B
Paraguay $0.37B
Guatemala $0.34B
Gabon $0.31B
Albania $0.24B
North Macedonia $0.21B
Jamaica $0.21B
Bosnia $0.19B
Equatorial Guinea $0.17B
Montenegro $0.10B
Guyana $0.07B
Fiji $0.07B
Belize $0.02B
Mauritius $0.02B
Costa Rica $0.00B
Namibia Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2021 $0.40B 3.00%
2020 $0.37B 3.23%
2019 $0.41B 3.09%
2018 $0.46B 3.14%
2017 $0.46B 3.35%
2016 $0.43B 3.77%
2015 $0.52B 4.41%
2014 $0.54B 4.20%
2013 $0.39B 3.07%
2012 $0.41B 3.17%
2011 $0.44B 3.57%
2010 $0.40B 3.51%
2009 $0.30B 3.37%
2008 $0.27B 3.14%
2007 $0.23B 2.61%
2006 $0.20B 2.50%
2005 $0.19B 2.65%
2004 $0.17B 2.53%
2003 $0.13B 2.62%
2002 $0.09B 2.62%
2001 $0.10B 3.01%
2000 $0.09B 2.71%
1999 $0.11B 3.12%
1998 $0.08B 2.32%
1997 $0.08B 2.30%
1996 $0.07B 1.90%
1995 $0.07B 1.95%
1994 $0.06B 1.75%
1993 $0.07B 2.46%
1992 $0.12B 4.25%
1991 $0.14B 5.62%