Military expenditure in Ecuador

Ecuador: Military expenditure was 2.70 billion current LCU in 2024. ◆ Volatile

Latest (2024)
2.70 billion current LCU
Change on year
up 0.2%
World rank
125th
of 167 countries
All-time high
2.79 billion current LCU
in 2014
All-time low
17.10 million current LCU
in 1963
Years of data
65
1960–2024

Military expenditure in Ecuador, 1960–2024

01.0B2.0B3.0B196019922024

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.

Analysis

The most recent figure for military expenditure in Ecuador is 2.70 billion current LCU, measured in 2024.

The figure is up 0.2% on the previous year and down 3.2% over ten years.

Over the whole period, military expenditure in Ecuador peaked at 2.79 billion current LCU in 2014 and was at its lowest, 17.10 million current LCU, in 1963.

That places Ecuador 125th out of 167 countries with data for 2024, putting it 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

DecadeAverage LowestHighest Years
1960s 23.81 million current LCU 17.10 million current LCU 39.70 million current LCU 10
1970s 99.57 million current LCU 29.70 million current LCU 205.00 million current LCU 10
1980s 215.00 million current LCU 189.00 million current LCU 284.00 million current LCU 10
1990s 342.70 million current LCU 202.00 million current LCU 549.00 million current LCU 10
2000s 941.30 million current LCU 266.00 million current LCU 1.95 billion current LCU 10
2010s 2.51 billion current LCU 2.09 billion current LCU 2.79 billion current LCU 10
2020s 2.55 billion current LCU 2.36 billion current LCU 2.70 billion current LCU 5

Countries ranked near Ecuador

  1. 122 Nicaragua 3.87 billion current LCU compare
  2. 123 Guatemala 3.22 billion current LCU compare
  3. 124 Cuba 2.92 billion current LCU compare
  4. 126 Tajikistan 2.66 billion current LCU compare
  5. 127 Slovakia 2.63 billion current LCU compare
  6. 128 Haiti 2.61 billion current LCU compare

See the full ranking of 167 places →

More public sector data for Ecuador

All data for Ecuador →

Frequently asked questions

What is military expenditure in Ecuador?
Military expenditure in Ecuador was 2.70 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 Ecuador?
The highest recorded value was 2.79 billion current LCU in 2014.
What is the lowest military expenditure recorded in Ecuador?
The lowest recorded value was 17.10 million current LCU in 1963.
How does Ecuador rank for military expenditure?
Ecuador ranks 125th out of 167 countries with data for 2024.
Is military expenditure rising or falling in Ecuador?
Over the last ten years it is down 3.2%. The long-run trend across the full record is volatile.
Where does this Ecuador 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.

Download this data

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About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 8,248 data points, 1960–2024
Last refreshed

Military expenditure in local currency at current prices (by calendar year)