Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Peru's military expenditure stands at 0.9093% as of 2024-12-31, down from 1.24% in 2023. Historical data runs from 1960 to 2024 (65 observations).
In 2024, Peru's military expenditure was 0.9093%, down from 1.24% in 2023.
In 2023, Peru's military expenditure was 1.24%, up from 1.14% in 2022.
In 2022, Peru's military expenditure was 1.14%, down from 1.16% in 2021.
In 2021, Peru's military expenditure was 1.16%, down from 1.32% in 2020.
In 2020, Peru's military expenditure was 1.32%, up from 1.21% in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 0.9093% | -0.3266% |
| 2023 | 1.24% | +0.1007% |
| 2022 | 1.14% | -0.0294% |
| 2021 | 1.16% | -0.1523% |
| 2020 | 1.32% | +0.1109% |
| 2019 | 1.21% | +0.0161% |
| 2018 | 1.19% | -0.0754% |
| 2017 | 1.27% | -0.0567% |
| 2016 | 1.32% | -0.4232% |
| 2015 | 1.75% | +0.1426% |
| 2014 | 1.6% | -0.0406% |
| 2013 | 1.64% | +0.1596% |
| 2012 | 1.48% | +0.1123% |
| 2011 | 1.37% | -0.1058% |
| 2010 | 1.48% | -0.0527% |
| 2009 | 1.53% | +0.2829% |
| 2008 | 1.25% | -0.0572% |
| 2007 | 1.3% | -0.1523% |
| 2006 | 1.46% | -0.1251% |
| 2005 | 1.58% | +0.199% |
| 2004 | 1.38% | -0.1273% |
| 2003 | 1.51% | -0.0323% |
| 2002 | 1.54% | -0.2102% |
| 2001 | 1.75% | -0.0369% |
| 2000 | 1.79% | -0.1417% |
| 1999 | 1.93% | -0.086% |
| 1998 | 2.02% | +0.0199% |
| 1997 | 2% | -0.5053% |
| 1996 | 2.5% | -0.1333% |
| 1995 | 2.64% | +0.1611% |
| 1994 | 2.47% | -0.2719% |
| 1993 | 2.75% | +0.2391% |
| 1992 | 2.51% | +0.4872% |
| 1991 | 2.02% | -0.6626% |
| 1990 | 2.68% | +0.4919% |
| 1989 | 2.19% | +0.0053% |
| 1988 | 2.19% | -1.23% |
| 1987 | 3.41% | +0.0622% |
| 1986 | 3.35% | -0.5209% |
| 1985 | 3.87% | +0.5126% |
| 1984 | 3.36% | -1.49% |
| 1983 | 4.85% | -0.2667% |
| 1982 | 5.11% | +1.13% |
| 1981 | 3.98% | -0.5742% |
| 1980 | 4.56% | +1.21% |
| 1979 | 3.35% | -2.85% |
| 1978 | 6.2% | -2.01% |
| 1977 | 8.21% | +2.54% |
| 1976 | 5.68% | +0.4606% |
| 1975 | 5.22% | +1.28% |
| 1974 | 3.93% | +0.0076% |
| 1973 | 3.93% | +0.2946% |
| 1972 | 3.63% | +0.0113% |
| 1971 | 3.62% | +0.1131% |
| 1970 | 3.51% | +1.12% |
| 1969 | 2.39% | +0.0302% |
| 1968 | 2.36% | -2.35% |
| 1967 | 4.7% | +1.86% |
| 1966 | 2.84% | -0.2548% |
| 1965 | 3.1% | -0.2419% |
| 1964 | 3.34% | +0.0238% |
| 1963 | 3.32% | +0.8913% |
| 1962 | 2.43% | -0.2197% |
| 1961 | 2.64% | +0.1368% |
| 1960 | 2.51% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Peru's military expenditure is 0.9093% as of 2024-12-31, compared with 1.24% in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 8.21% (1977); the lowest is 0.9093% (2024), across data from 1960 to 2024.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.