Liberia Military Spending

Defense budget and military expenditure data (1965–2027)

Data updated: July 7, 2026

Key Facts (2026 estimate)

Military Expenditure

$41 million

Ranked #145 of 153 countries worldwide

Percent of GDP

1.0%

Ranked #131 of 163 countries by % of GDP

Year-over-Year Change

+2.5%

From $40M in 2025

Historical Peak Spending

$68 million

Reached in 2023

Liberia Defense Budget Summary

In 2026, Liberia is estimated to have spent $41 million on military and defense, representing 1.0% of the country's Gross Domestic Product (GDP). This budget covers the armed forces including army, navy, and air force expenditures. Liberia is the #145 highest military spender in the world by absolute spending.

Compared to the previous year (2025), defense spending increased by 2.5%, from $40 million to $41 million. This change in the military budget reflects growing defense priorities.

The highest percentage of GDP allocated to defense spending was 29.7% in 1994. The historical average military budget is 2.4% of GDP.

Data source: SIPRI Military Expenditure Database. Values are in constant 2024 US dollars. Data for 2026 is an estimate based on government budget announcements.

Historical Military Spending

Military Spending (% of GDP)

Military Spending (USD Billions, 2024 prices)

Historical Data

YearPercent of GDPUSD (millions)
2027(estimate)0.99%$42M
2026(estimate)0.99%$41M
20250.85%$40M
20240.71%$34M
20231.42%$68M
20221.31%$62M
20210.85%$38M
20200.42%$18M
20190.42%$21M
20180.41%$27M
20170.40%$34M
20160.45%$42M
20150.48%$46M
20140.47%$49M
20130.50%$55M
20120.57%$60M
20110.57%$56M
20100.43%$39M
20090.41%$35M
20080.23%$20M
20070.26%$20M
20060.35%$26M
20050.85%$59M
20040.35%$25M
199429.73%
199318.98%
199210.13%
19917.18%
19882.41%
19872.29%
19862.90%
19852.95%
19842.94%
19834.71%
19825.02%
19813.11%
19801.49%
19791.15%
19781.24%
19771.15%
19761.07%
19750.95%
19740.93%
19730.97%
19721.10%
19711.19%
19701.10%
19690.99%
19681.10%
19671.17%
19661.15%
19651.18%

Related countries