Military expenditure in dollars — all countries

Military expenditure in dollars — Ecuador

Military expenditure in dollars in Ecuador in 2024 — 2,698,000,000 US$. Ranked 55 in the world out of 151. Since 1960, the indicator has risen by 11,944.6%.

2024 2.7B US$ +0.22% vs 2023
World rank 55of 151
Period maximum 2.79B US$2014
Period minimum 17.1M US$1963

Trend over time

1960–2024 · US$

Military expenditure in dollars — Ecuador, 1960–202401B2B3B19601967197419811988199520022009201620231960: 22,400,000 US$1962: 18,300,000 US$1964: 20,600,000 US$1966: 22,900,000 US$1968: 29,300,000 US$1970: 30,700,000 US$1972: 37,300,000 US$1974: 74,800,000 US$1976: 117,000,000 US$1978: 164,000,000 US$1980: 209,000,000 US$1982: 229,000,000 US$1984: 193,000,000 US$1986: 207,000,000 US$1988: 198,000,000 US$1990: 202,000,000 US$1992: 211,000,000 US$1994: 291,000,000 US$1996: 419,000,000 US$1998: 549,000,000 US$2000: 266,000,000 US$2002: 505,000,000 US$2004: 710,000,000 US$2006: 950,000,000 US$2008: 1,646,000,000 US$2010: 2,094,000,000 US$2012: 2,589,776,000 US$2014: 2,786,519,000 US$2016: 2,513,200,000 US$2018: 2,549,400,000 US$2020: 2,356,300,000 US$2022: 2,586,480,000 US$2024: 2,698,000,000 US$
Change over the period: +2.68B (+11,944.64%) Average annual rate: 7.77 %

Comparison, 2024

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

Ecuador 2.7B US$
World 2.65T US$
South America computed 53.6B US$
Upper-middle-income countries computed 471B US$
Military expenditure in dollars — Ecuador, by year Ecuador All countries CSV XLSX
Year US$ Change Change, %
2024 2.7B +6M +0.22%
2023 2.69B +106M +4.08%
2022 2.59B +178M +7.38%
2021 2.41B +52.51M +2.23%
2020 2.36B +10.3M +0.44%
2019 2.35B −203M −7.98%
2018 2.55B +86.7M +3.52%
2017 2.46B −50.5M −2.01%
2016 2.51B −84.31M −3.25%
2015 2.6B −189M −6.78%
2014 2.79B +50.69M +1.85%
2013 2.74B +146M +5.64%
2012 2.59B +136M +5.55%
2011 2.45B +360M +17.18%
2010 2.09B +145M +7.44%
2009 1.95B +303M +18.41%
2008 1.65B +336M +25.65%
2007 1.31B +360M +37.89%
2006 950M −4M −0.42%
2005 954M +244M +34.37%
2004 710M −29M −3.92%
2003 739M +234M +46.34%
2002 505M +121M +31.51%
2001 384M +118M +44.36%
2000 266M −30M −10.14%
1999 296M −253M −46.08%
1998 549M +50M +10.02%
1997 499M +80M +19.09%
1996 419M −56M −11.79%
1995 475M +184M +63.23%
1994 291M +15M +5.43%
1993 276M +65M +30.81%
1992 211M +2M +0.96%
1991 209M +7M +3.47%
1990 202M +13M +6.88%
1989 189M −9M −4.55%
1988 198M −9M −4.35%
1987 207M +0 +0%
1986 207M −77M −27.11%
1985 284M +91M +47.15%
1984 193M −7M −3.5%
1983 200M −29M −12.66%
1982 229M −5M −2.14%
1981 234M +25M +11.96%
1980 209M +23M +12.37%
1979 186M +22M +13.41%
1978 164M −41M −20%
1977 205M +88M +75.21%
1976 117M +15M +14.71%
1975 102M +27.2M +36.36%
1974 74.8M +25.6M +52.03%
1973 49.2M +11.9M +31.9%
1972 37.3M +7.6M +25.59%
1971 29.7M −1M −3.26%
1970 30.7M −9M −22.67%
1969 39.7M +10.4M +35.49%
1968 29.3M +4M +15.81%
1967 25.3M +2.4M +10.48%
1966 22.9M −900,000 −3.78%
1965 23.8M +3.2M +15.53%
1964 20.6M +3.5M +20.47%
1963 17.1M −1.2M −6.56%
1962 18.3M −400,000 −2.14%
1961 18.7M −3.7M −16.52%
1960 22.4M

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.