Military expenditure in dollars — all countries

Military expenditure in dollars — Chile

Military expenditure in dollars in Chile in 2024 — 5,105,441,707 US$. Ranked 44 in the world out of 151. Since 1960, the indicator has risen by 3,926.7%.

2024 5.11B US$ −6.67% vs 2023
World rank 44of 151
Period maximum 5.69B US$2011
Period minimum 127M US$1960

Trend over time

1960–2024 · US$

Military expenditure in dollars — Chile, 1960–202402B4B6B19601967197419811988199520022009201620231960: 126,791,043 US$1962: 162,626,224 US$1964: 149,950,378 US$1966: 186,697,965 US$1968: 173,781,024 US$1970: 388,383,950 US$1972: 745,661,189 US$1974: 1,103,190,481 US$1976: 599,806,959 US$1978: 1,036,145,035 US$1980: 1,787,179,487 US$1982: 2,160,747,854 US$1984: 1,462,262,953 US$1986: 1,114,393,822 US$1988: 999,951,023 US$1990: 1,031,475,584 US$1992: 1,168,858,391 US$1994: 1,466,048,832 US$1996: 1,904,105,834 US$1998: 2,112,373,123 US$2000: 2,103,460,610 US$2002: 1,779,553,138 US$2004: 2,687,320,866 US$2006: 3,855,358,069 US$2008: 4,641,877,576 US$2010: 4,894,081,125 US$2012: 5,466,101,782 US$2014: 5,102,777,422 US$2016: 4,796,010,962 US$2018: 5,545,831,933 US$2020: 5,246,204,733 US$2022: 4,649,295,736 US$2024: 5,105,441,707 US$
Change over the period: +4.98B (+3,926.66%) Average annual rate: 5.94 %

Comparison, 2024

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

Chile 5.11B US$
World 2.65T US$
South America computed 53.6B US$
Military expenditure in dollars — Chile, by year Chile All countries CSV XLSX
Year US$ Change Change, %
2024 5.11B −365M −6.67%
2023 5.47B +821M +17.65%
2022 4.65B −545M −10.49%
2021 5.19B −52.15M −0.99%
2020 5.25B +64.05M +1.24%
2019 5.18B −364M −6.56%
2018 5.55B +176M +3.27%
2017 5.37B +574M +11.97%
2016 4.8B +165M +3.57%
2015 4.63B −472M −9.25%
2014 5.1B −427M −7.72%
2013 5.53B +63.78M +1.17%
2012 5.47B −221M −3.88%
2011 5.69B +793M +16.2%
2010 4.89B +992M +25.42%
2009 3.9B −740M −15.93%
2008 4.64B +619M +15.4%
2007 4.02B +167M +4.33%
2006 3.86B +755M +24.35%
2005 3.1B +413M +15.37%
2004 2.69B +619M +29.95%
2003 2.07B +288M +16.21%
2002 1.78B −114M −6%
2001 1.89B −210M −10%
2000 2.1B +60.33M +2.95%
1999 2.04B −69.24M −3.28%
1998 2.11B −8.33M −0.39%
1997 2.12B +217M +11.38%
1996 1.9B +76.11M +4.16%
1995 1.83B +362M +24.69%
1994 1.47B +175M +13.55%
1993 1.29B +122M +10.45%
1992 1.17B +131M +12.6%
1991 1.04B +6.56M +0.64%
1990 1.03B +42.54M +4.3%
1989 989M −11.02M −1.1%
1988 1,000M −167M −14.3%
1987 1.17B +52.39M +4.7%
1986 1.11B −23.24M −2.04%
1985 1.14B −325M −22.2%
1984 1.46B −35.42M −2.37%
1983 1.5B −663M −30.69%
1982 2.16B −132M −5.74%
1981 2.29B +505M +28.26%
1980 1.79B +474M +36.12%
1979 1.31B +277M +26.71%
1978 1.04B +112M +12.13%
1977 924M +324M +54.06%
1976 600M +113M +23.23%
1975 487M −616M −55.88%
1974 1.1B +97.27M +9.67%
1973 1.01B +260M +34.9%
1972 746M +94.07M +14.44%
1971 652M +263M +67.77%
1970 388M +208M +115.79%
1969 180M +6.2M +3.57%
1968 174M −8.92M −4.88%
1967 183M −3.99M −2.14%
1966 187M +18.48M +10.99%
1965 168M +18.27M +12.18%
1964 150M −2.97M −1.94%
1963 153M −9.71M −5.97%
1962 163M +1.7M +1.05%
1961 161M +34.14M +26.93%
1960 127M

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.