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. (September 19, 2024). South Africa: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph]. In Statista. Retrieved October 04, 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. September 19, 2024. Statista. Accessed October 04, 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: October 04, 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., 19 Sep 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 October 04, 2024)
South Africa: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph], World Bank, September 19, 2024. [Online]. Available: https://www.statista.com/statistics/810601/ratio-of-military-expenditure-to-gross-domestic-product-gdp-south-africa/