Ratio of military expenditure to gross domestic product (GDP) in Nigeria 2023

The ratio of military expenditure to gross domestic product (GDP) in Nigeria increased by 0.2 percentage points (+30.77 percent) in 2023 in comparison to the previous year. In total, the ratio amounted to 0.81 percent in 2023.
These figures refer to the total amount of money spent on a country's military, as a share of its gross domestic product (GDP). These figures apply to current expenditure on a country's armed forces, including peacekeeping forces and defense ministries, among others.

Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like Mali and Sierra Leone.