Sri Lanka Military Spending
Sri Lanka military spending data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 1.43%.
Sri Lanka · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
Sri Lanka · military spending data as percent of GDP.
Countries by military spending
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Interpretation
Sri Lanka recorded 1.43% for Military Spending in 2024, the latest available observation in this dataset.
Compared with 2023, the indicator decreased by 0.21 percentage points, from 1.64% to 1.43%.
The latest observation is below the average of the last 10 available observations (1.77%).
Across the five latest available observations (2020–2024), the pattern is predominantly downward.
Within the last 10 available observations, the low was 1.34% in 2022 and the high was 2.42% in 2015.