Military expenditure in dollars — all countries

Military expenditure in dollars — Central America

Military expenditure in dollars in Central America in 2024 — 18,283,484,254 US$. Since 1960, the indicator has risen by 17,414.8%.

2024 18.28B US$ +36.75% vs 2023
World rank
Period maximum 18.28B US$2024
Period minimum 104M US$1960

Trend over time

1960–2024 · US$

Military expenditure in dollars — Central America, 1960–202405B10B15B20B19601967197419811988199520022009201620231960: 104,388,550 US$1962: 121,202,642 US$1964: 144,567,805 US$1966: 162,591,676 US$1968: 189,760,759 US$1970: 234,482,437 US$1972: 303,958,001 US$1974: 480,845,662 US$1976: 656,543,719 US$1978: 713,318,630 US$1980: 1,082,080,064 US$1982: 1,198,669,991 US$1984: 1,683,613,882 US$1986: 1,226,961,191 US$1988: 1,542,366,375 US$1990: 2,794,420,976 US$1992: 2,243,788,952 US$1994: 3,041,931,013 US$1996: 2,275,773,517 US$1998: 2,644,129,772 US$2000: 3,390,076,710 US$2002: 3,598,600,876 US$2004: 3,199,955,316 US$2006: 3,432,942,049 US$2008: 4,867,954,039 US$2010: 5,389,626,852 US$2012: 6,460,759,887 US$2014: 7,581,463,518 US$2016: 6,316,392,065 US$2018: 6,870,678,928 US$2020: 9,178,126,418 US$2022: 11,535,471,811 US$2024: 18,283,484,254 US$
Change over the period: +18.18B (+17,414.84%) Average annual rate: 8.41 %

Comparison, 2024

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

Central America 18.28B US$
World 2.65T US$
Military expenditure in dollars — Central America, by year Central America All countries CSV XLSX
Year US$ Change Change, %
2024 18.28B +4.91B +36.75%
2023 13.37B +1.83B +15.91%
2022 11.54B +1.64B +16.57%
2021 9.9B +717M +7.82%
2020 9.18B +1.38B +17.76%
2019 7.79B +923M +13.44%
2018 6.87B +795M +13.08%
2017 6.08B −241M −3.81%
2016 6.32B −59.4M −0.93%
2015 6.38B −1.21B −15.9%
2014 7.58B +275M +3.76%
2013 7.31B +846M +13.09%
2012 6.46B +277M +4.48%
2011 6.18B +794M +14.74%
2010 5.39B +322M +6.36%
2009 5.07B +199M +4.1%
2008 4.87B +194M +4.16%
2007 4.67B +1.24B +36.14%
2006 3.43B −35.3M −1.02%
2005 3.47B +268M +8.38%
2004 3.2B −192M −5.66%
2003 3.39B −207M −5.74%
2002 3.6B −76.89M −2.09%
2001 3.68B +285M +8.42%
2000 3.39B +360M +11.89%
1999 3.03B +386M +14.59%
1998 2.64B +58.08M +2.25%
1997 2.59B +310M +13.63%
1996 2.28B +303M +15.38%
1995 1.97B −1.07B −35.16%
1994 3.04B +476M +18.55%
1993 2.57B +322M +14.36%
1992 2.24B +322M +16.74%
1991 1.92B −872M −31.22%
1990 2.79B +1.03B +58.57%
1989 1.76B +220M +14.26%
1988 1.54B +202M +15.05%
1987 1.34B +114M +9.26%
1986 1.23B −587M −32.36%
1985 1.81B +130M +7.74%
1984 1.68B +523M +45.11%
1983 1.16B −38.44M −3.21%
1982 1.2B −462M −27.81%
1981 1.66B +578M +53.45%
1980 1.08B +175M +19.24%
1979 907M +194M +27.22%
1978 713M +105M +17.22%
1977 609M −48.03M −7.32%
1976 657M +51.25M +8.47%
1975 605M +124M +25.88%
1974 481M +118M +32.44%
1973 363M +59.1M +19.44%
1972 304M +62.2M +25.73%
1971 242M +7.28M +3.1%
1970 234M +15.19M +6.93%
1969 219M +29.54M +15.56%
1968 190M +21.4M +12.71%
1967 168M +5.77M +3.55%
1966 163M +12.08M +8.02%
1965 151M +5.95M +4.11%
1964 145M +7.83M +5.73%
1963 137M +15.53M +12.82%
1962 121M +14.45M +13.53%
1961 107M +2.37M +2.27%
1960 104M

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.