Nigeria – Military Spending

Military Spending / Nigeria

Nigeria Military Spending

Nigeria military spending data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 0.91%.

COUNTRY: Nigeria
UNIT: percent of GDP
SOURCE: World Bank / public data sources
UPDATED: 2026-10-18 17:00:07
GM ECONOMY RATING

Nigeria · Economic Stability Rating

Composite rating based on inflation, growth, debt, unemployment and current account.

BBB
72 / 100
Good stability
Fiscal stability
n/a
Macroeconomic stability
14.1 / 20
External stability
13.0 / 15
Financial robustness
10.0 / 15
Structural stability
10.0 / 15
Future capacity
n/a
Demographic capacity
3.5 / 5
Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 67% of weighted inputs available.
Time range:
Selected year: · Value:

Nigeria · military spending data as percent of GDP.

Latest
0.91%
Previous
0.56%
Range avg.
0.64%
Rank
81

Countries by military spending

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