Indonesia's Military Spending is Seventh Largest in Asia
- A Small
- A Medium
- A Bigger
Indonesia is the seventh-largest military spender in Asia. Globally, it ranks 25th, contributing 0.5% to global military expenditure.
This position is due to Indonesia's military spending reaching US$9.4 billion or Rp136.3 trillion (Rp14,500/USD exchange rate) in 2020. According to the Stockholm International Peace Research Institute (SIPRI), this equates to 0.9% of the national GDP.
China holds the top position in Asia, with an estimated military expenditure of US$252 billion. India and Japan follow with military spending of US$72.9 billion and US$49.1 billion, respectively.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
Related Data
Market Data
| Name | Value | % | |
|---|---|---|---|
| Inflasi yoy (Jul) | 2,88% | -0.46 | |
| Inflasi mom (Jul) | -0,14% | -0.58 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Mar) | 8,07% | -0.18 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 18 | +0.13 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Neraca perdagangan (Jun) | -450,50 | -72.02 | |
| Ekspor Migas (Jun) | 1,07 | +40.52 | |
| Impor Migas (Jun) | 4,56 | +0.96 | |
| Ekspor (Jun) | 25,46 | +9.72 | |
| Impor (Jun) | 25,91 | +4.41 | |
| Kunjungan Wisman (Mei) | 1,38 | +10.69 | |
| NTP (Jul) | 116,16 | +1.32 |