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Chile · Military expenditure

Chile Military expenditure

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

Latest · 20241.58%
Previous · 20231.63%
Highest · 19828.88%
Lowest · 20221.54%

Chile's military expenditure stands at 1.58% as of 2024-12-31, down from 1.63% in 2023. Historical data runs from 1960 to 2024 (65 observations).

Recent trend

In 2024, Chile's military expenditure was 1.58%, down from 1.63% in 2023.

In 2023, Chile's military expenditure was 1.63%, up from 1.54% in 2022.

In 2022, Chile's military expenditure was 1.54%, down from 1.65% in 2021.

In 2021, Chile's military expenditure was 1.65%, down from 2.07% in 2020.

In 2020, Chile's military expenditure was 2.07%, up from 1.86% in 2019.

Chile Military expenditure — historical data

YearValueChange
20241.58%-0.0525%
20231.63%+0.0893%
20221.54%-0.1064%
20211.65%-0.4181%
20202.07%+0.2008%
20191.86%-0.0129%
20181.88%-0.063%
20171.94%+0.0164%
20161.92%+0.0145%
20151.91%-0.0575%
20141.97%-0.0275%
20131.99%-0.0513%
20122.05%-0.2177%
20112.26%+0.0094%
20102.25%-0.0223%
20092.28%-0.3071%
20082.58%+0.2527%
20072.33%-0.1751%
20062.51%-0.0287%
20052.53%-0.1775%
20042.71%+0.0093%
20032.7%+0.1714%
20022.53%-0.1155%
20012.65%-0.0416%
20002.69%-0.0141%
19992.7%+0.1265%
19982.58%+0.1026%
19972.47%+0.0503%
19962.42%-0.1388%
19952.56%-0.0355%
19942.6%-0.1094%
19932.71%+0.0784%
19922.63%-0.2213%
19912.85%-0.5518%
19903.4%-0.1884%
19893.59%-0.55%
19884.14%-1.5%
19875.64%-0.6499%
19866.29%-0.6126%
19856.9%-0.7048%
19847.61%+0.0302%
19837.58%-1.3%
19828.88%+1.86%
19817.02%+0.54%
19806.48%+0.1495%
19796.33%-0.3956%
19786.73%-0.1871%
19776.92%+0.8302%
19766.09%-0.6575%
19756.74%-0.367%
19747.11%+0.8257%
19736.28%-0.3416%
19726.63%+0.3606%
19716.26%+1.81%
19704.45%+2.19%
19692.26%-0.2662%
19682.53%-0.1866%
19672.71%-0.0223%
19662.74%-0.1498%
19652.89%+0.2505%
19642.64%-0.2302%
19632.87%-0.1783%
19623.04%-0.4837%
19613.53%+0.409%
19603.12%

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 Chile's military expenditure?

Chile's military expenditure is 1.58% as of 2024-12-31, compared with 1.63% in 2023. The World Bank — World Development Indicators (CC BY 4.0)

What was the highest military expenditure in Chile?

The highest recorded value is 8.88% (1982); the lowest is 1.54% (2022), across data from 1960 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.