Suicides among veterans made up almost 5% of all deaths by suicide in 2021, the Office for National Statistics (ONS) said.
It is the first time such analysis of suicide among UK armed forces veterans in England and Wales has been published.
By collecting and analysing data, the ONS said the aim is to increase understanding of where services and support are needed most among veterans.
The analysis was based on death registration records linked to Census 2021 and the Ministry of Defence (MOD) Service Leavers Database (SLD).
It found that there were 253 suicides among UK armed forces veterans in 2021 out of a total of 5,175 suicides in people aged 16 years and over across the two nations, equating to 4.9%.
The vast majority - 237 or 93.7% of veterans who died by suicide were male, while 16 (6.3%) were female.
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