Nigeria – Military Spending

Nigeria Military Spending

Nigeria military spending data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 0.56%.

COUNTRY: Nigeria

UNIT: percent of GDP

SOURCE: World Bank / public data sources

UPDATED: 2026-08-31 05:08:12

GM ECONOMY RATING

Nigeria · Economic Stability Rating

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

BBB

74 / 100

Good stability

Fiscal stability

n/a

Macroeconomic stability

14.1 / 20

External stability

13.0 / 15

Financial robustness

11.0 / 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:

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