Arms imports — all countries

Arms imports — Latin America & Caribbean

Arms imports in Latin America & Caribbean in 2024 — 644,000,000 M TIV. Since 1960, the indicator has fallen by 47.2%.

2024 644,000,000 M TIV +67.27% vs 2023
World rank
Period maximum 4,339,000,000 M TIV1981
Period minimum 385,000,000 M TIV2023

Trend over time

1960–2024 · million TIV (constant 1990 prices)

Arms imports — Latin America & Caribbean, 1960–202402,000,000,0004,000,000,0006,000,000,00019601967197419811988199520022009201620231960: 1,219,000,000 M TIV1962: 1,761,000,000 M TIV1964: 432,000,000 M TIV1966: 679,000,000 M TIV1969: 792,000,000 M TIV1971: 1,448,000,000 M TIV1973: 2,823,000,000 M TIV1975: 2,624,000,000 M TIV1977: 3,283,000,000 M TIV1979: 2,356,000,000 M TIV1981: 4,339,000,000 M TIV1983: 3,791,000,000 M TIV1985: 2,008,000,000 M TIV1987: 1,720,000,000 M TIV1989: 1,555,000,000 M TIV1991: 1,199,000,000 M TIV1993: 527,000,000 M TIV1995: 849,000,000 M TIV1997: 2,085,000,000 M TIV1999: 1,228,000,000 M TIV2001: 1,231,000,000 M TIV2003: 534,000,000 M TIV2005: 1,188,000,000 M TIV2008: 1,663,000,000 M TIV2010: 1,558,000,000 M TIV2012: 1,678,000,000 M TIV2014: 1,130,000,000 M TIV2016: 1,025,000,000 M TIV2018: 549,000,000 M TIV2021: 594,000,000 M TIV2024: 644,000,000 M TIV
Change over the period: −575,000,000 (−47.17%) Average annual rate: -0.99 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Latin America & Caribbean

Latin America & Caribbean 644,000,000 M TIV
World 28,815,000,000 M TIV
Arms imports — Latin America & Caribbean, by year Latin America & Caribbean All countries CSV XLSX
Year M TIV Change Change, %
2024 644,000,000 +259,000,000 +67.27%
2023 385,000,000
2021 594,000,000 −376,000,000 −38.76%
2020 970,000,000
2018 549,000,000 −38,000,000 −6.47%
2017 587,000,000 −438,000,000 −42.73%
2016 1,025,000,000 −360,000,000 −25.99%
2015 1,385,000,000 +255,000,000 +22.57%
2014 1,130,000,000 −443,000,000 −28.16%
2013 1,573,000,000 −105,000,000 −6.26%
2012 1,678,000,000 −72,000,000 −4.11%
2011 1,750,000,000 +192,000,000 +12.32%
2010 1,558,000,000 +199,000,000 +14.64%
2009 1,359,000,000 −304,000,000 −18.28%
2008 1,663,000,000
2006 2,063,000,000 +875,000,000 +73.65%
2005 1,188,000,000 +434,000,000 +57.56%
2004 754,000,000 +220,000,000 +41.2%
2003 534,000,000 −144,000,000 −21.24%
2002 678,000,000 −553,000,000 −44.92%
2001 1,231,000,000 +206,000,000 +20.1%
2000 1,025,000,000 −203,000,000 −16.53%
1999 1,228,000,000 +456,000,000 +59.07%
1998 772,000,000 −1,313,000,000 −62.97%
1997 2,085,000,000 +1,009,000,000 +93.77%
1996 1,076,000,000 +227,000,000 +26.74%
1995 849,000,000 −143,000,000 −14.42%
1994 992,000,000 +465,000,000 +88.24%
1993 527,000,000 −84,000,000 −13.75%
1992 611,000,000 −588,000,000 −49.04%
1991 1,199,000,000 +105,000,000 +9.6%
1990 1,094,000,000 −461,000,000 −29.65%
1989 1,555,000,000 +378,000,000 +32.12%
1988 1,177,000,000 −543,000,000 −31.57%
1987 1,720,000,000 +161,000,000 +10.33%
1986 1,559,000,000 −449,000,000 −22.36%
1985 2,008,000,000 −1,682,000,000 −45.58%
1984 3,690,000,000 −101,000,000 −2.66%
1983 3,791,000,000 +154,000,000 +4.23%
1982 3,637,000,000 −702,000,000 −16.18%
1981 4,339,000,000 +1,459,000,000 +50.66%
1980 2,880,000,000 +524,000,000 +22.24%
1979 2,356,000,000 −841,000,000 −26.31%
1978 3,197,000,000 −86,000,000 −2.62%
1977 3,283,000,000 +449,000,000 +15.84%
1976 2,834,000,000 +210,000,000 +8%
1975 2,624,000,000 +230,000,000 +9.61%
1974 2,394,000,000 −429,000,000 −15.2%
1973 2,823,000,000 +734,000,000 +35.14%
1972 2,089,000,000 +641,000,000 +44.27%
1971 1,448,000,000 +576,000,000 +66.06%
1970 872,000,000 +80,000,000 +10.1%
1969 792,000,000 −409,000,000 −34.05%
1968 1,201,000,000
1966 679,000,000 +190,000,000 +38.85%
1965 489,000,000 +57,000,000 +13.19%
1964 432,000,000 −314,000,000 −42.09%
1963 746,000,000 −1,015,000,000 −57.64%
1962 1,761,000,000 +531,000,000 +43.17%
1961 1,230,000,000 +11,000,000 +0.9%
1960 1,219,000,000

About the indicator

Transfers of major conventional weapons into the country, in SIPRI trend-indicator values (TIV) in constant 1990 prices. The indicator reflects dependence on arms supplies from abroad: countries with a developed defense industry have low imports alongside high military expenditure.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.