In 2022, the ratio of military expenditure to gross domestic product (GDP) in Seychelles decreased by 1.4 percentage points (-50.36 percent) compared to 2021. This was a significant decrease in the ratio. Nevertheless, the last two years recorded a significantly higher ratio than the preceding years. These figures refer to the total amount of money spent on a country's military, as a share of its gross domestic product (GDP). These figures apply to current expenditure on a country's armed forces, including peacekeeping forces and defense ministries, among others.
Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like Burundi and Zambia.
Seychelles: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022
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World Bank. (October 24, 2024). Seychelles: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/810575/ratio-of-military-expenditure-to-gross-domestic-product-gdp-seychelles/
World Bank. "Seychelles: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022." Chart. October 24, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/810575/ratio-of-military-expenditure-to-gross-domestic-product-gdp-seychelles/
World Bank. (2024). Seychelles: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/810575/ratio-of-military-expenditure-to-gross-domestic-product-gdp-seychelles/
World Bank. "Seychelles: Ratio of Military Spending to Gross Domestic Product (Gdp) from 2012 to 2022." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/810575/ratio-of-military-expenditure-to-gross-domestic-product-gdp-seychelles/
World Bank, Seychelles: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 Statista, https://www.statista.com/statistics/810575/ratio-of-military-expenditure-to-gross-domestic-product-gdp-seychelles/ (last visited November 21, 2024)
Seychelles: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/810575/ratio-of-military-expenditure-to-gross-domestic-product-gdp-seychelles/
