Military expenditure in Bolivia
Bolivia: Military expenditure was 4.53 billion current LCU in 2024. ◆ Volatile
Military expenditure in Bolivia, 1961–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
Bolivia recorded 4.53 billion current LCU for military expenditure in 2024. That is the highest value across all 60 years on record.
That represents a change of up 11.3% on the previous year and up 4.7% over ten years.
Over the whole period, military expenditure in Bolivia peaked at 4.53 billion current LCU in 2024 and was at its lowest, 58.63 current LCU, in 1961.
Bolivia ranks 117th of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 95.93 current LCU | 58.63 current LCU | 145.59 current LCU | 5 |
| 1970s | 1,025 current LCU | 188.46 current LCU | 2,443 current LCU | 10 |
| 1980s | 94.12 million current LCU | 3,899 current LCU | 273.72 million current LCU | 10 |
| 1990s | 724.72 million current LCU | 434.86 million current LCU | 1.26 billion current LCU | 10 |
| 2000s | 1.51 billion current LCU | 1.07 billion current LCU | 2.65 billion current LCU | 10 |
| 2010s | 3.82 billion current LCU | 2.80 billion current LCU | 4.33 billion current LCU | 10 |
| 2020s | 3.76 billion current LCU | 2.96 billion current LCU | 4.53 billion current LCU | 5 |
Countries ranked near Bolivia
More public sector data for Bolivia
- Arms imports 0 SIPRI trend indicator values (2024)
- Tax revenue 17.0% (2007)
- Taxes on income, profits and capital gains 9.6% (2007)
- Taxes on goods and services 49.3% (2007)
- Net investment in nonfinancial assets 3.0% (2007)
- Net lending (+) / net borrowing (-) 1.2% (2007)
- Interest payments 8.0% (2007)
- Grants and other revenue 27.8% (2007)
- Interest payments 9.5% (2007)
- Other taxes 2.9% (2007)
Frequently asked questions
- What is military expenditure in Bolivia?
- Military expenditure in Bolivia was 4.53 billion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Bolivia?
- The highest recorded value was 4.53 billion current LCU in 2024.
- What is the lowest military expenditure recorded in Bolivia?
- The lowest recorded value was 58.63 current LCU in 1961.
- How does Bolivia rank for military expenditure?
- Bolivia ranks 117th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Bolivia?
- Over the last ten years it is up 4.7%. The long-run trend across the full record is volatile.
- Where does this Bolivia data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military expenditure in local currency at current prices (by calendar year)