Military expenditure in Ecuador
Ecuador: Military expenditure was 2.70 billion current LCU in 2024. ◆ Volatile
Military expenditure in Ecuador, 1960–2024
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
| Decade | Average | Lowest | Highest | 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
More public sector data for Ecuador
- Arms imports 25.00 million SIPRI trend indicator values (2024)
- Tax revenue 13.1% (2022)
- Taxes on income, profits and capital gains 12.3% (2022)
- Taxes on goods and services 21.1% (2022)
- Net investment in nonfinancial assets 0.5% (2022)
- Net lending (+) / net borrowing (-) -0.0% (2022)
- Interest payments 4.7% (2022)
- Grants and other revenue 41.7% (2022)
- Interest payments 4.7% (2022)
- Other taxes 2.5% (2022)
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.
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About this data
Military expenditure in local currency at current prices (by calendar year)