Military expenditure in Chile
Chile: Military expenditure was 4.82 trillion current LCU in 2024. ◆ Volatile
Military expenditure in Chile, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
In 2024, military expenditure in Chile stood at 4.82 trillion current LCU. That is the highest value across all 65 years on record.
The figure is up 4.9% on the previous year and up 65.6% over ten years.
Over the whole period, military expenditure in Chile peaked at 4.82 trillion current LCU in 2024 and was at its lowest, 133,000 current LCU, in 1960.
That places Chile 15th out of 167 countries with data for 2024, putting it in the top 10%.
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 | 599,000 current LCU | 133,000 current LCU | 1.55 million current LCU | 10 |
| 1970s | 11.26 billion current LCU | 4.38 million current LCU | 48.90 billion current LCU | 10 |
| 1980s | 169.41 billion current LCU | 69.70 billion current LCU | 264.00 billion current LCU | 10 |
| 1990s | 664.99 billion current LCU | 314.50 billion current LCU | 1.04 trillion current LCU | 10 |
| 2000s | 1.71 trillion current LCU | 1.14 trillion current LCU | 2.43 trillion current LCU | 10 |
| 2010s | 3.05 trillion current LCU | 2.50 trillion current LCU | 3.65 trillion current LCU | 10 |
| 2020s | 4.32 trillion current LCU | 3.95 trillion current LCU | 4.82 trillion current LCU | 5 |
Countries ranked near Chile
More public sector data for Chile
- Arms imports 14.00 million SIPRI trend indicator values (2024)
- Tax revenue 18.3% (2024)
- Taxes on income, profits and capital gains 31.8% (2024)
- Taxes on goods and services 47.0% (2024)
- Net investment in nonfinancial assets 1.4% (2024)
- Net lending (+) / net borrowing (-) -2.8% (2024)
- Interest payments 5.2% (2024)
- Grants and other revenue 11.0% (2024)
- Interest payments 4.3% (2023)
- Other taxes 3.8% (2024)
Frequently asked questions
- What is military expenditure in Chile?
- Military expenditure in Chile was 4.82 trillion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Chile?
- The highest recorded value was 4.82 trillion current LCU in 2024.
- What is the lowest military expenditure recorded in Chile?
- The lowest recorded value was 133,000 current LCU in 1960.
- How does Chile rank for military expenditure?
- Chile ranks 15th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Chile?
- Over the last ten years it is up 65.6%. The long-run trend across the full record is volatile.
- Where does this Chile 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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About this data
Military expenditure in local currency at current prices (by calendar year)