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

The ratio of military expenditure to gross domestic product (GDP) in Singapore increased by 0.1 percentage points (+3.88 percent) in 2023. In total, the ratio amounted to 2.66 percent in 2023. This increase was preceded by a declining ratio.
Military expenditure figures refer to the amount of money spent on a country's armed forces, including peacekeeping and defense operations, among others. When comparing international figures, there may be some inconsistencies depending on what respective countries consider as military spending.

Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like Brunei and Timor-Leste.