Military expenditure (% of GDP) — all countries

Military expenditure (% of GDP) — Peru

Military expenditure (% of GDP) in Peru in 2024 — 0.91%. Ranked 116 in the world out of 147. Since 1960, the indicator has fallen by 1.6 pp.

2024 0.91% −0.33 pp vs 2023
World rank 116of 147
Period maximum 8.21%1977
Period minimum 0.91%2024

Trend over time

1960–2024 · % of GDP

Military expenditure (% of GDP) — Peru, 1960–202402.557.51019601967197419811988199520022009201620231960: 2.51%1962: 2.43%1964: 3.34%1966: 2.84%1968: 2.36%1970: 3.51%1972: 3.63%1974: 3.93%1976: 5.68%1978: 6.2%1980: 4.56%1982: 5.11%1984: 3.36%1986: 3.35%1988: 2.19%1990: 2.68%1992: 2.51%1994: 2.47%1996: 2.5%1998: 2.02%2000: 1.79%2002: 1.54%2004: 1.38%2006: 1.46%2008: 1.25%2010: 1.48%2012: 1.48%2014: 1.6%2016: 1.32%2018: 1.19%2020: 1.32%2022: 1.14%2024: 0.91%
Change over the period: −1.6 pp Annual average: -0.02 pp

Comparison, 2024

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

Peru 0.91%
World 2.47%
South America computed 1.27%
Military expenditure (% of GDP) — Peru, by year Peru All countries CSV XLSX
Year % Change, pp
2024 0.91 −0.33 pp
2023 1.24 +0.1 pp
2022 1.14 −0.03 pp
2021 1.16 −0.15 pp
2020 1.32 +0.11 pp
2019 1.21 +0.02 pp
2018 1.19 −0.08 pp
2017 1.27 −0.06 pp
2016 1.32 −0.42 pp
2015 1.75 +0.14 pp
2014 1.6 −0.04 pp
2013 1.64 +0.16 pp
2012 1.48 +0.11 pp
2011 1.37 −0.11 pp
2010 1.48 −0.05 pp
2009 1.53 +0.28 pp
2008 1.25 −0.06 pp
2007 1.3 −0.15 pp
2006 1.46 −0.13 pp
2005 1.58 +0.2 pp
2004 1.38 −0.13 pp
2003 1.51 −0.03 pp
2002 1.54 −0.21 pp
2001 1.75 −0.04 pp
2000 1.79 −0.14 pp
1999 1.93 −0.09 pp
1998 2.02 +0.02 pp
1997 2 −0.51 pp
1996 2.5 −0.13 pp
1995 2.64 +0.16 pp
1994 2.47 −0.27 pp
1993 2.75 +0.24 pp
1992 2.51 +0.49 pp
1991 2.02 −0.66 pp
1990 2.68 +0.49 pp
1989 2.19 +0.01 pp
1988 2.19 −1.23 pp
1987 3.41 +0.06 pp
1986 3.35 −0.52 pp
1985 3.87 +0.51 pp
1984 3.36 −1.49 pp
1983 4.85 −0.27 pp
1982 5.11 +1.13 pp
1981 3.98 −0.57 pp
1980 4.56 +1.21 pp
1979 3.35 −2.85 pp
1978 6.2 −2.01 pp
1977 8.21 +2.54 pp
1976 5.68 +0.46 pp
1975 5.22 +1.28 pp
1974 3.93 +0.01 pp
1973 3.93 +0.29 pp
1972 3.63 +0.01 pp
1971 3.62 +0.11 pp
1970 3.51 +1.12 pp
1969 2.39 +0.03 pp
1968 2.36 −2.35 pp
1967 4.7 +1.86 pp
1966 2.84 −0.25 pp
1965 3.1 −0.24 pp
1964 3.34 +0.02 pp
1963 3.32 +0.89 pp
1962 2.43 −0.22 pp
1961 2.64 +0.14 pp
1960 2.51

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.