Saudi Arabia Military Spending
Saudi Arabia military spending data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 7.30%.
Saudi Arabia · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
Saudi Arabia · military spending data as percent of GDP.
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Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
Saudi Arabia recorded 7.30% for Military Spending in 2024, the latest available observation in this dataset.
Compared with 2023, the indicator increased by 0.01 percentage points, from 7.28% to 7.30%.
The latest observation is below the average of the last 10 available observations (8.60%).
Across the five latest available observations (2020–2024), the pattern is lower overall, but uneven.
Within the last 10 available observations, the low was 6.40% in 2022 and the high was 13.02% in 2015.