Liberia LR: Military Expenditure as % of General Government Expenditure

2004 - 2017 | Yearly | % | World Bank

Liberia LR: Military Expenditure as % of General Government Expenditure data was reported at 1.731 % in 2017. This records a decrease from the previous number of 1.938 % for 2016. Liberia LR: Military Expenditure as % of General Government Expenditure data is updated yearly, averaging 2.296 % from Dec 2004 (Median) to 2017, with 14 observations. The data reached an all-time high of 10.422 % in 2005 and a record low of 1.217 % in 2008. Liberia LR: Military Expenditure as % of General Government Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Liberia – Table LR.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

View Liberia's Liberia LR: Military Expenditure as % of General Government Expenditure from 2004 to 2017 in the chart:

Liberia Liberia LR: Military Expenditure as % of General Government Expenditure

What was Liberia's Liberia LR: Military Expenditure as % of General Government Expenditure in 2017?

Last Previous Min Max Unit Frequency Range
1.731 2017 1.938 2016 1.217 2008 10.422 2005 % yearly 2004 - 2017

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Liberia Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 2,151.070 2027 yearly 2000 - 2027
Forecast: Nominal GDP Per Capita (USD) 873.833 2027 yearly 2000 - 2027
Forecast: Real GDP Growth (%) 5.680 2027 yearly 2001 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (LRD bn) 1.506 2029 yearly 2000 - 2029
Forecast: Government Net Debt (LRD bn) 3.281 2029 yearly 2000 - 2029
Forecast: Government Revenue (LRD bn) 1.426 2029 yearly 2000 - 2029
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 6.095 2028 yearly 1998 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 4.988 2028 yearly 1999 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -1.080 2029 yearly 2000 - 2029

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