Military expenditure in Peru
Peru: Military expenditure was 9.63 billion current LCU in 2024. ◆ Volatile
Military expenditure in Peru, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
Peru recorded 9.63 billion current LCU for military expenditure in 2024.
That represents a change of down 22.2% on the previous year and up 5.4% over ten years.
Over the whole period, military expenditure in Peru peaked at 12.38 billion current LCU in 2023 and was at its lowest, 1.34 current LCU, in 1960.
That places Peru 104th 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 | 3.49 current LCU | 1.34 current LCU | 7.38 current LCU | 10 |
| 1970s | 44.04 current LCU | 8.44 current LCU | 117 current LCU | 10 |
| 1980s | 244,422 current LCU | 274 current LCU | 2.30 million current LCU | 10 |
| 1990s | 2.26 billion current LCU | 146.00 million current LCU | 3.43 billion current LCU | 10 |
| 2000s | 3.79 billion current LCU | 2.95 billion current LCU | 5.57 billion current LCU | 10 |
| 2010s | 8.40 billion current LCU | 6.16 billion current LCU | 10.55 billion current LCU | 10 |
| 2020s | 10.45 billion current LCU | 9.27 billion current LCU | 12.38 billion current LCU | 5 |
Countries ranked near Peru
More public sector data for Peru
- Arms imports 4.00 million SIPRI trend indicator values (2024)
- Tax revenue 15.9% (2021)
- Taxes on income, profits and capital gains 29.5% (2021)
- Taxes on goods and services 36.3% (2021)
- Net investment in nonfinancial assets 1.6% (2021)
- Net lending (+) / net borrowing (-) -3.2% (2021)
- Interest payments 6.6% (2021)
- Grants and other revenue 15.2% (2021)
- Interest payments 6.1% (2021)
- Other taxes 8.5% (2021)
Frequently asked questions
- What is military expenditure in Peru?
- Military expenditure in Peru was 9.63 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 Peru?
- The highest recorded value was 12.38 billion current LCU in 2023.
- What is the lowest military expenditure recorded in Peru?
- The lowest recorded value was 1.34 current LCU in 1960.
- How does Peru rank for military expenditure?
- Peru ranks 104th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Peru?
- Over the last ten years it is up 5.4%. The long-run trend across the full record is volatile.
- Where does this Peru 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)