Military expenditure in dollars — all countries

Military expenditure in dollars — Bolivia

Military expenditure in dollars in Bolivia in 2024 — 655,130,126 US$. Ranked 88 in the world out of 151. Since 1961, the indicator has risen by 13,174.1%.

2024 655M US$ +11.26% vs 2023
World rank 88of 151
Period maximum 655M US$2024
Period minimum 4.94M US$1961

Trend over time

1961–2024 · US$

Military expenditure in dollars — Bolivia, 1961–20240200M400M600M800M19611968197519821989199620032010201720241961: 4,935,418 US$1962: 5,195,619 US$1963: 6,404,292 US$1968: 11,583,124 US$1969: 12,254,609 US$1970: 16,787,136 US$1971: 15,863,843 US$1972: 20,700,641 US$1973: 21,129,140 US$1974: 39,766,636 US$1975: 58,304,466 US$1976: 66,776,056 US$1977: 73,254,330 US$1978: 97,672,439 US$1979: 119,737,096 US$1980: 159,008,135 US$1981: 238,715,538 US$1982: 123,726,844 US$1983: 89,973,483 US$1984: 144,680,786 US$1985: 131,208,000 US$1986: 92,869,207 US$1987: 103,362,387 US$1988: 92,916,952 US$1989: 101,690,872 US$1990: 137,065,128 US$1991: 143,643,960 US$1992: 141,441,910 US$1993: 109,897,118 US$1994: 134,595,240 US$1995: 140,760,863 US$1996: 146,963,018 US$1997: 180,200,447 US$1998: 228,677,000 US$1999: 176,744,242 US$2000: 173,245,423 US$2001: 188,919,479 US$2002: 157,345,536 US$2003: 173,406,475 US$2004: 166,383,142 US$2005: 163,958,866 US$2006: 167,909,986 US$2007: 195,364,181 US$2008: 365,826,318 US$2009: 305,420,457 US$2010: 547,246,000 US$2011: 403,569,202 US$2012: 499,873,230 US$2013: 564,512,108 US$2014: 625,909,655 US$2015: 580,617,340 US$2016: 519,309,934 US$2017: 574,126,113 US$2018: 602,855,918 US$2019: 593,158,569 US$2020: 510,495,827 US$2021: 536,247,233 US$2022: 429,365,591 US$2023: 588,816,404 US$2024: 655,130,126 US$
Change over the period: +650M (+13,174.06%) Average annual rate: 8.07 %

Comparison, 2024

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

Bolivia 655M US$
World 2.65T US$
South America computed 53.6B US$
Lower-middle-income countries computed 210B US$
Military expenditure in dollars — Bolivia, by year Bolivia All countries CSV XLSX
Year US$ Change Change, %
2024 655M +66.31M +11.26%
2023 589M +159M +37.14%
2022 429M −107M −19.93%
2021 536M +25.75M +5.04%
2020 510M −82.66M −13.94%
2019 593M −9.7M −1.61%
2018 603M +28.73M +5%
2017 574M +54.82M +10.56%
2016 519M −61.31M −10.56%
2015 581M −45.29M −7.24%
2014 626M +61.4M +10.88%
2013 565M +64.64M +12.93%
2012 500M +96.3M +23.86%
2011 404M −144M −26.25%
2010 547M +242M +79.18%
2009 305M −60.41M −16.51%
2008 366M +170M +87.25%
2007 195M +27.45M +16.35%
2006 168M +3.95M +2.41%
2005 164M −2.42M −1.46%
2004 166M −7.02M −4.05%
2003 173M +16.06M +10.21%
2002 157M −31.57M −16.71%
2001 189M +15.67M +9.05%
2000 173M −3.5M −1.98%
1999 177M −51.93M −22.71%
1998 229M +48.48M +26.9%
1997 180M +33.24M +22.62%
1996 147M +6.2M +4.41%
1995 141M +6.17M +4.58%
1994 135M +24.7M +22.47%
1993 110M −31.54M −22.3%
1992 141M −2.2M −1.53%
1991 144M +6.58M +4.8%
1990 137M +35.37M +34.79%
1989 102M +8.77M +9.44%
1988 92.92M −10.45M −10.11%
1987 103M +10.49M +11.3%
1986 92.87M −38.34M −29.22%
1985 131M −13.47M −9.31%
1984 145M +54.71M +60.8%
1983 89.97M −33.75M −27.28%
1982 124M −115M −48.17%
1981 239M +79.71M +50.13%
1980 159M +39.27M +32.8%
1979 120M +22.06M +22.59%
1978 97.67M +24.42M +33.33%
1977 73.25M +6.48M +9.7%
1976 66.78M +8.47M +14.53%
1975 58.3M +18.54M +46.62%
1974 39.77M +18.64M +88.21%
1973 21.13M +428,499 +2.07%
1972 20.7M +4.84M +30.49%
1971 15.86M −923,292 −5.5%
1970 16.79M +4.53M +36.99%
1969 12.25M +671,485 +5.8%
1968 11.58M
1963 6.4M +1.21M +23.26%
1962 5.2M +260,201 +5.27%
1961 4.94M

About the indicator

Military expenditure in current US dollars under the SIPRI definition. It allows absolute defense budgets to be compared, but not military capability: the purchasing power of the dollar in defense differs widely between countries, so equal budgets buy different amounts of personnel and equipment.

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