The ratio of military expenditure to gross domestic product (GDP) in South Africa decreased by 0.1 percentage points (-12.35 percent) in 2022 in comparison to the previous year. As a result, the ratio in South Africa saw its lowest number in 2022 with 0.74 percent. Notably, the ratio is continuously decreasing over the last years. Military expenditure refers to the total amount of money spent on a country's armed forces, including peacekeeping and defense operations. This figure is then given as a share of its gross domestic product (not total government expenditure). When comparing international figures there may be some discrepancies depending on what countries consider military spending.
Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like Lesotho and Botswana.
South Africa: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022
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World Bank. (October 24, 2024). South Africa: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/810601/ratio-of-military-expenditure-to-gross-domestic-product-gdp-south-africa/
World Bank. "South Africa: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022." Chart. October 24, 2024. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/810601/ratio-of-military-expenditure-to-gross-domestic-product-gdp-south-africa/
World Bank. (2024). South Africa: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022. Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/810601/ratio-of-military-expenditure-to-gross-domestic-product-gdp-south-africa/
World Bank. "South Africa: Ratio of Military Spending to Gross Domestic Product (Gdp) from 2012 to 2022." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/810601/ratio-of-military-expenditure-to-gross-domestic-product-gdp-south-africa/
World Bank, South Africa: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 Statista, https://www.statista.com/statistics/810601/ratio-of-military-expenditure-to-gross-domestic-product-gdp-south-africa/ (last visited November 18, 2024)
South Africa: 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/810601/ratio-of-military-expenditure-to-gross-domestic-product-gdp-south-africa/