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Bolivia · Military expenditure

Bolivia Military expenditure

The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31

Latest · 20241.37%
Previous · 20231.3%
Highest · 19813.9%
Lowest · 20220.9733%

Bolivia's military expenditure stands at 1.37% as of 2024-12-31, up from 1.3% in 2023. Historical data runs from 1961 to 2024 (60 observations).

Recent trend

In 2024, Bolivia's military expenditure was 1.37%, up from 1.3% in 2023.

In 2023, Bolivia's military expenditure was 1.3%, up from 0.9733% in 2022.

In 2022, Bolivia's military expenditure was 0.9733%, down from 1.33% in 2021.

In 2021, Bolivia's military expenditure was 1.33%, down from 1.39% in 2020.

In 2020, Bolivia's military expenditure was 1.39%, down from 1.45% in 2019.

Bolivia Military expenditure — historical data

YearValueChange
20241.37%+0.0664%
20231.3%+0.3311%
20220.9733%-0.3525%
20211.33%-0.0662%
20201.39%-0.0592%
20191.45%-0.0456%
20181.5%-0.0395%
20171.54%+0.006%
20161.53%-0.229%
20151.76%-0.1375%
20141.9%+0.0557%
20131.84%-0.0044%
20121.85%+0.1615%
20111.68%-1.1%
20102.79%+1.02%
20091.76%-0.4326%
20082.19%+0.7049%
20071.49%+0.0228%
20061.47%-0.2508%
20051.72%-0.1795%
20041.9%-0.249%
20032.15%+0.1551%
20021.99%-0.3301%
20012.32%+0.2575%
20002.06%-0.0703%
19992.13%-0.5578%
19982.69%+0.4175%
19972.27%+0.2868%
19961.99%-0.1094%
19952.1%-0.1541%
19942.25%+0.334%
19931.92%-0.5898%
19922.51%-0.1822%
19912.69%-0.1276%
19902.82%+0.6596%
19892.16%+0.1353%
19882.02%-0.3563%
19872.38%+0.0317%
19862.35%+0.3316%
19852.01%-0.1568%
19842.17%+0.6715%
19831.5%-0.4825%
19821.98%-1.92%
19813.9%+0.7298%
19803.17%+0.4639%
19792.71%+0.1095%
19782.6%+0.3515%
19772.25%-0.1197%
19762.37%-0.0041%
19752.37%+0.5346%
19741.84%+0.214%
19731.62%+0.0271%
19721.6%+0.204%
19711.39%-0.2206%
19701.61%+0.294%
19691.32%-0.0319%
19681.35%+0.0237%
19631.33%+0.1677%
19621.16%-0.0448%
19611.2%

The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).

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Frequently asked questions

What is Bolivia's military expenditure?

Bolivia's military expenditure is 1.37% as of 2024-12-31, compared with 1.3% in 2023. The World Bank — World Development Indicators (CC BY 4.0)

What was the highest military expenditure in Bolivia?

The highest recorded value is 3.9% (1981); the lowest is 0.9733% (2022), across data from 1961 to 2024.

Where does this data come from?

The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.