February 20, 2024
GlobalFirepower has released the list of defence spending budgets across 145 countries in the world.
In Africa, Algeria has the highest defence budget rankings for 2024, holding the 22nd position globally.
Morocco and Egypt closely follow, securing the 29th and 35th positions on the global scale.
Nigeria occupies the 56th position in the world and 4th in Africa.
The United States, China, Russia and India, unsurprisingly, have the largest militaries.
The United States has the highest military spending of any nation.
The US military spending includes all of the Department of Defense’s regular activities, war spending, the nuclear weapon program, international military assistance, and other Pentagon-related spending.
Global Firepower is an annually-updated, statistics-based website tracking defense-related information of 145 nations, which tracks the annual defence spending budgets of each participant in the GFP.
This includes funds allocated by governments to cover various aspects of a standing fighting force namely procurement, maintenance/support, and pensions.
Here is a list of Africa’s defence budgets 2024
1. Algeria ($21.6 billion)
2. Morocco ($12B)
3. Egypt ($9.4B)
4. Nigeria ($4B)
5. Libya ($3.4B)
6. South Africa ($2.7B)
7. Kenya ($2.2B)
8. Tanzania ($1.9B)
9. Botswana ($1.64B)
10. Angola ($1.62B)
