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Military Expenditure (Local Currency) in Zimbabwe

Source: World Bank, SIPRI, National Statistical Office
Last Updated: Dec 1, 2022

Military expenditure in local currency reached ZWD 0.547 bil in 2019 in Zimbabwe, according to the SIPRI Military Expenditure Database. This is 30.1% more than in the previous year.

Historically, military expenditure in local currency in Zimbabwe reached an all time high of ZWD 0.677 bil in 2002 and an all time low of ZWD 0.016 bil in 1965.

Zimbabwe has been ranked 128th within the group of 145 countries we follow in terms of interest rate on military expenditure in local currency.


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