Military expenditure in local currency rose 206% to MWK 146,989,750,000 bil in Malawi in 2023, according to the SIPRI Military Expenditure Database.
Historically, military expenditure in local currency in Malawi reached an all time high of MWK 146,989,750,000 bil in 2023 and an all time low of MWK 0.001 bil in 1965. When compared to Malawi's main peers, military expenditure in local currency in Mozambique amounted to MZN 24,024,666,667 bil, ZAR 51,243,475,000 bil in South Africa, TNS 2,185,132,500,000 bil in Tanzania and ZMW 7,462,500,000 bil in Zambia in 2023.
Malawi has been ranked 54th within the group of 148 countries we follow in terms of military expenditure in local currency, 23 places above the position seen 10 years ago.
| Military Expenditure (Local Currency) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Angola | AOA bil | 508 | 501 | 536 | 574 | 615 | ||||||||||||||||
| Botswana | BWP bil | 5.41 | 5.08 | 5.53 | 5.70 | 5.95 | ||||||||||||||||
| Dem. Republic of the Congo | CDF bil | 429 | 477 | 582 | 670 | 611 | ||||||||||||||||
| Kenya | KES bil | 105 | 113 | 114 | 119 | 130 | ||||||||||||||||
| Lesotho | LSL bil | 0.698 | 0.676 | 0.648 | 0.636 | 0.547 | ||||||||||||||||
| Malawi | MWK bil | 34.6 | 42.7 | 62.5 | 73.5 | 72.9 | ||||||||||||||||
| Mozambique | MZN bil | 8.30 | 11.9 | 13.5 | 20.0 | 20.2 | ||||||||||||||||
| Namibia | NAD bil | 6.04 | 6.03 | 5.98 | 6.06 | 5.91 | ||||||||||||||||
| South Africa | ZAR bil | 47.9 | 48.0 | 49.6 | 53.2 | 50.1 | ||||||||||||||||
| Swaziland | SZL bil | 1.16 | 1.27 | 1.25 | 1.26 | 1.23 | ||||||||||||||||
| Tanzania | TNS bil | 1,254 | 1,365 | 1,428 | 1,566 | 1,753 | ||||||||||||||||
| Uganda | UGX bil | 1,252 | 1,522 | 2,400 | 3,660 | 3,805 | ||||||||||||||||
| Zambia | ZMW bil | ... | 3.20 | 3.96 | 3.77 | 3.88 | 4.34 | |||||||||||||||
| Zimbabwe | ZWD bil | ... | ... | ... | 0.341 | 0.420 | 1.37 | 3.11 | 23.8 |
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