Sri Lanka Military Spending/Defense Budget 1960-2024

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Sri Lanka military spending/defense budget for 2022 was $1.05B, a 38.14% decline from 2021.
  • Sri Lanka military spending/defense budget for 2021 was $1.70B, a 14.57% increase from 2020.
  • Sri Lanka military spending/defense budget for 2020 was $1.49B, a 4.72% decline from 2019.
  • Sri Lanka military spending/defense budget for 2019 was $1.56B, a 4.81% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
India $81.36B
Ukraine $44.00B
Pakistan $10.34B
Indonesia $8.99B
Morocco $5.00B
Bangladesh $4.81B
Egypt $4.65B
Philippines $3.97B
Nigeria $3.11B
Myanmar $1.86B
Angola $1.62B
Tunisia $1.16B
Kenya $1.14B
Sri Lanka $1.05B
Bolivia $0.64B
Cambodia $0.61B
Honduras $0.48B
El Salvador $0.42B
Cameroon $0.42B
Georgia $0.36B
Zambia $0.33B
Republic of Congo $0.27B
Ghana $0.23B
Mauritania $0.23B
Kyrgyz Republic $0.15B
Mongolia $0.12B
Kosovo $0.11B
Papua New Guinea $0.10B
Nicaragua $0.08B
Eswatini $0.07B
Moldova $0.05B
Timor-Leste $0.04B
Lesotho $0.03B
Cabo Verde $0.01B
Sri Lanka Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2022 $1.05B 1.43%
2021 $1.70B 1.89%
2020 $1.49B 1.74%
2019 $1.56B 1.75%
2018 $1.64B 1.73%
2017 $1.87B 1.98%
2016 $1.74B 1.98%
2015 $2.06B 2.42%
2014 $1.91B 2.41%
2013 $1.60B 2.15%
2012 $1.47B 2.16%
2011 $1.75B 2.69%
2010 $1.53B 2.70%
2009 $1.52B 3.16%
2008 $1.51B 3.24%
2007 $1.05B 3.26%
2006 $0.79B 2.80%
2005 $0.64B 2.64%
2004 $0.62B 3.00%
2003 $0.54B 2.87%
2002 $0.57B 3.34%
2001 $0.68B 4.29%
2000 $0.82B 5.03%
1999 $0.63B 4.03%
1998 $0.73B 4.64%
1997 $0.70B 4.63%
1996 $0.77B 5.52%
1995 $0.76B 5.86%
1994 $0.44B 3.73%
1993 $0.35B 3.43%
1992 $0.33B 3.37%
1991 $0.28B 3.08%
1990 $0.19B 2.33%
1989 $0.13B 1.80%
1988 $0.17B 2.37%
1987 $0.23B 3.39%
1986 $0.17B 2.70%
1985 $0.19B 3.16%
1984 $0.06B 0.92%
1983 $0.05B 0.89%
1982 $0.03B 0.54%
1981 $0.03B 0.63%
1980 $0.03B 0.77%
1979 $0.03B 0.83%
1978 $0.02B 0.80%
1977 $0.03B 0.68%
1976 $0.02B 0.66%
1975 $0.03B 0.80%
1974 $0.03B 0.80%
1973 $0.03B 0.87%
1971 $0.03B 1.36%
1970 $0.02B 0.92%
1969 $0.02B 0.81%
1968 $0.01B 0.79%
1967 $0.02B 0.85%
1966 $0.02B 0.87%
1965 $0.01B 0.85%
1964 $0.01B 0.85%
1963 $0.01B 0.90%
1962 $0.02B 1.08%
1961 $0.02B 1.18%
1960 $0.02B 1.18%