Military expenditure share of the budget — all countries

Military expenditure share of the budget — South America

Military expenditure share of the budget in South America in 2024 — 3.38%. Since 2000, the indicator has fallen by 3.82 pp.

2024 3.38% +0.1 pp vs 2023
World rank
Period maximum 7.2%2000
Period minimum 3.28%2023

Trend over time

2000–2024 · % of government expenditure

Military expenditure share of the budget — South America, 2000–20243456782000200320062009201220152018202120242000: 7.2%2001: 5.9%2002: 5.8%2003: 5.42%2004: 5.5%2005: 5.22%2006: 4.85%2007: 4.8%2008: 4.72%2009: 4.75%2010: 4.75%2011: 4.32%2012: 4.34%2013: 4.29%2014: 4.1%2015: 3.9%2016: 3.85%2017: 4.03%2018: 4.1%2019: 4.09%2020: 4.06%2021: 3.76%2022: 3.32%2023: 3.28%2024: 3.38%
Change over the period: −3.82 pp Annual average: -0.16 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: South America

South America 3.38%
World 6.75%
Military expenditure share of the budget — South America, by year South America All countries CSV XLSX
Year % Change, pp
2024 3.38 +0.1 pp
2023 3.28 −0.04 pp
2022 3.32 −0.44 pp
2021 3.76 −0.3 pp
2020 4.06 −0.04 pp
2019 4.09 −0.01 pp
2018 4.1 +0.07 pp
2017 4.03 +0.18 pp
2016 3.85 −0.06 pp
2015 3.9 −0.2 pp
2014 4.1 −0.18 pp
2013 4.29 −0.06 pp
2012 4.34 +0.03 pp
2011 4.32 −0.43 pp
2010 4.75 +0 pp
2009 4.75 +0.03 pp
2008 4.72 −0.08 pp
2007 4.8 −0.05 pp
2006 4.85 −0.37 pp
2005 5.22 −0.29 pp
2004 5.5 +0.09 pp
2003 5.42 −0.38 pp
2002 5.8 −0.1 pp
2001 5.9 −1.3 pp
2000 7.2

About the indicator

Military expenditure as a percent of total general government expenditure. Unlike the share of GDP it shows priorities inside the budget: a country can spend little on defense as a percent of GDP, yet with a small state that will be a substantial part of all government spending — and the other way round.

Important: The aggregate for country groups is weighted by government consumption in dollars: it makes up about two thirds of all budget spending, and the source does not publish budget expenditure in absolute terms.

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