Nepal Military Spending/Defense Budget 1970-2024

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).
  • Nepal military spending/defense budget for 2022 was $0.43B, a 4.97% decline from 2021.
  • Nepal military spending/defense budget for 2021 was $0.45B, a 3.75% increase from 2020.
  • Nepal military spending/defense budget for 2020 was $0.43B, a 1.33% increase from 2019.
  • Nepal military spending/defense budget for 2019 was $0.43B, a 0.16% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Ethiopia $1.03B
Uganda $0.92B
Tanzania $0.83B
Burkina Faso $0.56B
Mali $0.52B
Guinea $0.44B
Senegal $0.43B
Nepal $0.43B
South Sudan $0.38B
Democratic Republic of Congo $0.37B
Chad $0.36B
Togo $0.34B
Mozambique $0.28B
Niger $0.24B
Zimbabwe $0.18B
Rwanda $0.18B
Somalia $0.12B
Tajikistan $0.10B
Burundi $0.10B
Madagascar $0.10B
Benin $0.10B
Malawi $0.08B
Central African Republic $0.04B
Guinea-Bissau $0.02B
Sierra Leone $0.02B
Liberia $0.02B
Gambia $0.02B
Haiti $0.01B
Nepal Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2022 $0.43B 1.14%
2021 $0.45B 1.23%
2020 $0.43B 1.32%
2019 $0.43B 1.24%
2018 $0.43B 1.35%
2017 $0.44B 1.49%
2016 $0.36B 1.47%
2015 $0.32B 1.37%
2014 $0.33B 1.43%
2013 $0.28B 1.34%
2012 $0.26B 1.24%
2011 $0.28B 1.35%
2010 $0.25B 1.37%
2009 $0.21B 1.44%
2008 $0.19B 1.60%
2007 $0.17B 1.55%
2006 $0.16B 1.75%
2005 $0.16B 1.93%
2004 $0.13B 1.79%
2003 $0.10B 1.59%
2002 $0.09B 1.45%
2001 $0.06B 1.10%
2000 $0.05B 0.96%
1999 $0.05B 0.95%
1998 $0.04B 0.93%
1997 $0.04B 0.88%
1996 $0.04B 0.90%
1995 $0.04B 0.94%
1994 $0.04B 0.97%
1993 $0.04B 1.05%
1992 $0.04B 1.07%
1991 $0.04B 1.10%
1990 $0.04B 1.08%
1989 $0.04B 1.11%
1988 $0.04B 1.08%
1987 $0.03B 1.16%
1986 $0.03B 1.18%
1985 $0.03B 1.20%
1984 $0.03B 1.22%
1983 $0.03B 1.25%
1982 $0.03B 1.09%
1981 $0.02B 0.99%
1980 $0.02B 1.03%
1979 $0.02B 0.91%
1978 $0.01B 0.86%
1977 $0.01B 0.89%
1976 $0.01B 0.86%
1975 $0.01B 0.68%
1974 $0.01B 0.61%
1973 $0.01B 0.66%
1972 $0.01B 0.65%
1971 $0.01B 0.62%
1970 $0.01B 0.59%