Military Expenditure in Egypt, 1962-2022

Military Expenditure in Egypt, 1962-2022

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TGM StatBox. (2024). Military Expenditure in Egypt, 1962-2022. TGM StatBox.
Chart Details
Timeframe: 1960-2023
Country: Egypt
Published date: 2024
Note: Military expenditure by World Development Indicators (WDI) refers to the financial resources a country allocates for its armed forces. This includes spending on personnel (salaries, pensions), military equipment, infrastructure, operations, and research and development.
Key Takeaways
Egypt's military spending reached its zenith in the late 1960s and early 1970s, peaking at 17.3% of GDP in 1974, reflecting heavy expenditures during the Arab-Israeli conflicts. Following the peace treaty with Israel in 1979, expenditures began a steady decline, falling to around 6.5% by 1979 and further to 3.5% in 1990.

The 21st century saw continued reductions, with spending stabilizing at approximately 1.1% by 2020. This decline highlights Egypt's economic focus on infrastructure development and modernization, alongside reduced external military engagements.

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