Malaysia 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).
  • Malaysia military spending/defense budget for 2022 was $3.67B, a 0.13% decline from 2021.
  • Malaysia military spending/defense budget for 2021 was $3.68B, a 8.92% increase from 2020.
  • Malaysia military spending/defense budget for 2020 was $3.37B, a 3.35% increase from 2019.
  • Malaysia military spending/defense budget for 2019 was $3.27B, a 5.22% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $291.96B
Russia $86.37B
Brazil $20.21B
Turkey $10.64B
Colombia $9.94B
Algeria $9.15B
Mexico $8.54B
Iran $6.85B
Thailand $5.72B
Romania $5.19B
Lebanon $4.74B
Iraq $4.68B
Malaysia $3.67B
South Africa $3.00B
Azerbaijan $2.99B
Peru $2.85B
Ecuador $2.49B
Jordan $2.32B
Serbia $1.43B
Bulgaria $1.34B
Kazakhstan $1.13B
Belarus $0.82B
Armenia $0.80B
Dominican Republic $0.76B
Botswana $0.49B
Guatemala $0.43B
Namibia $0.37B
Paraguay $0.37B
Albania $0.29B
Gabon $0.28B
North Macedonia $0.22B
Jamaica $0.22B
Bosnia $0.18B
Equatorial Guinea $0.16B
Montenegro $0.10B
Guyana $0.08B
Fiji $0.07B
Belize $0.02B
Mauritius $0.02B
Venezuela $0.00B
Costa Rica $0.00B
Malaysia Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2022 $3.67B 0.96%
2021 $3.68B 0.99%
2020 $3.37B 1.00%
2019 $3.27B 0.89%
2018 $3.45B 0.96%
2017 $3.49B 1.10%
2016 $4.17B 1.38%
2015 $4.53B 1.50%
2014 $4.92B 1.46%
2013 $4.92B 1.50%
2012 $4.51B 1.41%
2011 $4.69B 1.55%
2010 $3.85B 1.49%
2009 $3.96B 1.87%
2008 $4.41B 1.82%
2007 $3.97B 1.96%
2006 $3.27B 2.01%
2005 $3.12B 2.17%
2004 $2.82B 2.26%
2003 $2.88B 2.61%
2002 $2.24B 2.22%
2001 $1.93B 2.08%
2000 $1.53B 1.63%
1999 $1.66B 2.10%
1998 $1.16B 1.61%
1997 $2.09B 2.09%
1996 $2.42B 2.40%
1995 $2.44B 2.75%
1994 $2.12B 2.85%
1993 $1.92B 2.88%
1992 $1.77B 2.99%
1991 $1.57B 3.20%
1990 $1.13B 2.56%
1989 $1.02B 2.62%
1988 $0.86B 2.43%
1987 $1.33B 4.15%
1986 $0.89B 3.22%
1985 $1.08B 3.45%
1984 $1.27B 3.75%
1983 $1.34B 4.42%
1982 $1.44B 5.37%
1981 $1.45B 5.79%
1980 $1.04B 4.23%
1979 $0.78B 3.67%
1978 $0.61B 3.71%
1977 $0.64B 4.85%
1976 $0.44B 3.98%
1975 $0.44B 4.72%
1974 $0.40B 4.18%
1973 $0.30B 3.87%
1972 $0.25B 4.98%
1971 $0.23B 5.37%
1970 $0.20B 5.17%
1969 $0.14B 3.92%
1968 $0.15B 4.45%
1967 $0.14B 4.50%
1966 $0.15B 4.73%
1965 $0.12B 4.01%
1964 $0.08B 3.16%
1963 $0.06B 2.42%
1962 $0.04B 2.19%
1961 $0.04B 2.23%
1960 $0.05B 2.68%