Military expenditure (% of GDP) — all countries

Military expenditure (% of GDP) — Mercosur

Military expenditure (% of GDP) in Mercosur in 2024 — 0.94%. Since 1960, the indicator has fallen by 1.2 pp.

2024 0.94% −0.04 pp vs 2023
World rank
Period maximum 2.58%1978
Period minimum 0.94%2024

Trend over time

1960–2024 · % of GDP

Military expenditure (% of GDP) — Mercosur, 1960–20240.511.522.5319601967197419811988199520022009201620231960: 2.14%1962: 2.51%1964: 1.55%1966: 2.1%1968: 2.22%1970: 2.45%1972: 2.21%1974: 1.89%1976: 2.47%1978: 2.58%1980: 1.74%1982: 1.79%1984: 1.65%1986: 1.61%1988: 2.15%1990: 2.15%1992: 1.53%1994: 1.85%1996: 1.58%1998: 1.55%2000: 1.58%2002: 1.78%2004: 1.36%2006: 1.37%2008: 1.33%2010: 1.43%2012: 1.28%2014: 1.26%2016: 1.23%2018: 1.33%2020: 1.23%2022: 0.99%2024: 0.94%
Change over the period: −1.2 pp Annual average: -0.02 pp

Comparison, 2024

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

Mercosur 0.94%
World 2.47%
Military expenditure (% of GDP) — Mercosur, by year Mercosur All countries CSV XLSX
Year % Change, pp
2024 0.94 −0.04 pp
2023 0.98 −0.01 pp
2022 0.99 −0.08 pp
2021 1.07 −0.16 pp
2020 1.23 −0.04 pp
2019 1.27 −0.06 pp
2018 1.33 +0.04 pp
2017 1.29 +0.06 pp
2016 1.23 −0.02 pp
2015 1.25 −0.01 pp
2014 1.26 +0.01 pp
2013 1.25 −0.03 pp
2012 1.28 −0.03 pp
2011 1.31 −0.13 pp
2010 1.43 +0 pp
2009 1.43 +0.1 pp
2008 1.33 −0.02 pp
2007 1.35 −0.01 pp
2006 1.37 −0.04 pp
2005 1.41 +0.05 pp
2004 1.36 −0.08 pp
2003 1.44 −0.34 pp
2002 1.78 +0.05 pp
2001 1.72 +0.15 pp
2000 1.58 +0.04 pp
1999 1.54 −0.01 pp
1998 1.55 +0.06 pp
1997 1.49 −0.09 pp
1996 1.58 −0.2 pp
1995 1.79 −0.07 pp
1994 1.85 +0.09 pp
1993 1.76 +0.23 pp
1992 1.53 −0.3 pp
1991 1.83 −0.31 pp
1990 2.15 −0.42 pp
1989 2.57 +0.42 pp
1988 2.15 +0.22 pp
1987 1.93 +0.32 pp
1986 1.61 −0.14 pp
1985 1.75 +0.1 pp
1984 1.65 −0.22 pp
1983 1.87 +0.08 pp
1982 1.79 −0.09 pp
1981 1.88 +0.13 pp
1980 1.74 −0.57 pp
1979 2.31 −0.27 pp
1978 2.58 +0.3 pp
1977 2.28 −0.19 pp
1976 2.47 +0.42 pp
1975 2.05 +0.16 pp
1974 1.89 −0.2 pp
1973 2.09 −0.12 pp
1972 2.21 −0.07 pp
1971 2.29 −0.17 pp
1970 2.45 +0.15 pp
1969 2.3 +0.08 pp
1968 2.22 −0 pp
1967 2.23 +0.13 pp
1966 2.1 +0.01 pp
1965 2.08 +0.54 pp
1964 1.55 −0.45 pp
1963 2 −0.51 pp
1962 2.51 +0.28 pp
1961 2.23 +0.09 pp
1960 2.14

About the indicator

Military expenditure as a percent of GDP under the SIPRI definition: current and capital spending on the armed forces, including peacekeeping forces, defense ministries, paramilitary forces, military R&D, pensions of military personnel and military aid. The NATO benchmark for member states is at least 2% of GDP.

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