Ratio of military expenditure to gross domestic product (GDP) in Sri Lanka 2021
In 2021, the ratio of military expenditure to gross domestic product (GDP) in Sri Lanka did not change in comparison to the previous year. The ratio of military expenditure to gross domestic product (GDP) remained at 1.88 percent.
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 statistics on other topics about Sri Lanka with key insights such as share of total labor force working for the armed forces, tax rate on international trade as a share of revenue earned, and proportion of seats held by women in the national parliament.
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 statistics on other topics about Sri Lanka with key insights such as share of total labor force working for the armed forces, tax rate on international trade as a share of revenue earned, and proportion of seats held by women in the national parliament.
