Nigeria Military Spending/Defense Budget 1960-2021

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).
  • Nigeria military spending/defense budget for 2018 was $2.04B, a 26.02% increase from 2017.
  • Nigeria military spending/defense budget for 2017 was $1.62B, a 5.92% decline from 2016.
  • Nigeria military spending/defense budget for 2016 was $1.72B, a 16.57% decline from 2015.
  • Nigeria military spending/defense budget for 2015 was $2.07B, a 12.39% decline from 2014.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
India $66.51B
Pakistan $11.38B
Indonesia $7.44B
Vietnam $5.50B
Ukraine $4.75B
Bangladesh $3.89B
Philippines $3.77B
Morocco $3.70B
Egypt $3.11B
Nigeria $2.04B
Myanmar $2.03B
Angola $1.98B
Sri Lanka $1.68B
Kenya $1.10B
Sudan $1.05B
Tunisia $0.84B
Bolivia $0.62B
Cambodia $0.54B
Cameroon $0.43B
Honduras $0.41B
Zambia $0.38B
Georgia $0.32B
Congo, Rep. $0.29B
El Salvador $0.27B
Ghana $0.22B
Mauritania $0.16B
Kyrgyz Republic $0.12B
Mongolia $0.10B
Eswatini $0.09B
Nicaragua $0.08B
Kosovo $0.06B
Papua New Guinea $0.06B
Lesotho $0.05B
Moldova $0.03B
Timor-Leste $0.02B
Cabo Verde $0.01B
Nigeria Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2018 $2.04B 0.51%
2017 $1.62B 0.43%
2016 $1.72B 0.43%
2015 $2.07B 0.42%
2014 $2.36B 0.41%
2013 $2.42B 0.47%
2012 $2.32B 0.50%
2011 $2.38B 0.58%
2010 $1.99B 0.54%
2009 $1.50B 0.51%
2008 $1.62B 0.49%
2007 $0.97B 0.37%
2006 $0.78B 0.35%
2005 $0.67B 0.40%
2004 $0.64B 0.49%
2003 $0.59B 0.57%
2002 $0.90B 0.95%
2001 $0.57B 0.78%
2000 $0.37B 0.54%
1999 $0.49B 0.86%
1998 $1.15B 0.55%
1997 $0.82B 0.44%
1996 $0.70B 0.41%
1995 $0.64B 0.48%
1994 $0.32B 0.78%
1993 $0.29B 0.93%
1992 $0.17B 0.56%
1991 $0.24B 0.77%
1990 $0.28B 0.83%
1989 $0.17B 0.58%
1988 $0.27B 0.88%
1987 $0.20B 0.77%
1986 $0.52B 1.31%
1985 $1.09B 1.44%
1984 $1.21B 1.56%
1983 $1.63B 2.22%
1982 $1.65B 2.27%
1981 $2.14B 2.77%
1980 $3.03B 3.30%
1979 $3.07B 4.32%
1978 $3.02B 5.33%
1977 $3.14B 6.02%
1976 $2.64B 5.79%
1975 $3.03B 8.12%
1974 $1.35B 4.34%
1973 $1.02B 5.48%
1972 $0.90B 5.39%
1971 $0.64B 4.39%
1970 $0.66B 5.28%
1969 $0.68B 10.32%
1968 $0.37B 9.16%
1967 $0.24B 5.81%
1966 $0.06B 1.10%
1965 $0.07B 1.40%
1964 $0.05B 1.23%
1963 $0.05B 1.10%
1962 $0.04B 1.10%
1961 $0.03B 0.85%
1960 $0.02B 0.70%