Nigeria Military Spending

Defense budget and military expenditure data (1960–2027)

Data updated: July 7, 2026

Key Facts (2026 estimate)

Military Expenditure

$1.8 billion

Ranked #68 of 153 countries worldwide

Percent of GDP

1.2%

Ranked #115 of 163 countries by % of GDP

Year-over-Year Change

+5.0%

From $1.8B in 2025

Historical Peak Spending

$4.7 billion

Reached in 1975

Nigeria Defense Budget Summary

In 2026, Nigeria is estimated to have spent $1.8 billion on military and defense, representing 1.2% of the country's Gross Domestic Product (GDP). This budget covers the armed forces including army, navy, and air force expenditures. Nigeria is the #68 highest military spender in the world by absolute spending.

Compared to the previous year (2025), defense spending increased by 5.0%, from $1.8 billion to $1.8 billion. This change in the military budget reflects growing defense priorities.

The highest percentage of GDP allocated to defense spending was 10.3% in 1969. The historical average military budget is 1.9% 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)1.20%$1,932M
2026(estimate)1.20%$1,844M
20250.91%$1,756M
20240.56%$1,135M
20230.84%$1,780M
20220.65%$1,478M
20211.01%$2,380M
20200.63%$1,522M
20190.46%$1,182M
20180.51%$1,289M
20170.43%$1,092M
20160.43%$1,142M
20150.42%$1,183M
20140.41%$1,212M
20130.47%$1,333M
20120.50%$1,387M
20110.58%$1,575M
20100.54%$1,414M
20090.51%$1,205M
20080.49%$1,159M
20070.37%$825M
20060.35%$711M
20050.40%$682M
20040.49%$772M
20030.57%$793M
20020.95%$1,288M
20010.78%$853M
20000.54%$599M
19990.86%$776M
19980.55%$458M
19970.44%$359M
19960.41%$334M
19950.48%$394M
19940.78%$342M
19930.93%$487M
19920.56%$360M
19910.77%$419M
19900.83%$437M
19890.58%$264M
19880.88%$389M
19870.77%$396M
19861.31%$494M
19851.44%$561M
19841.56%$574M
19832.22%$859M
19822.27%$998M
19812.77%$1,275M
19803.30%$1,934M
19794.32%$2,381M
19785.33%$2,754M
19776.02%$3,532M
19765.79%$3,329M
19758.12%$4,655M
19744.34%$2,849M
19735.48%$2,530M
19725.39%$2,363M
19714.39%$1,873M
19705.28%$2,256M
196910.32%$2,652M
19689.16%$1,575M
19675.81%$1,019M
19661.10%$228M
19651.40%$296M
19641.23%$254M
19631.10%$214M
19621.10%$177M
19610.85%$136M
19600.70%$120M

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