Military expenditure in Bolivia
Bolivia: Military expenditure was 655.13 million current USD in 2024. ◆ Volatile
Military expenditure in Bolivia, 1961–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
In 2024, military expenditure in Bolivia stood at 655.13 million current USD. That is the highest value across all 60 years on record.
The figure is up 11.3% on the previous year and up 4.7% over ten years.
Over the whole period, military expenditure in Bolivia peaked at 655.13 million current USD in 2024 and was at its lowest, 4.94 million current USD, in 1961.
That places Bolivia 96th 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 | 8.07 million current USD | 4.94 million current USD | 12.25 million current USD | 5 |
| 1970s | 53.00 million current USD | 15.86 million current USD | 119.74 million current USD | 10 |
| 1980s | 127.82 million current USD | 89.97 million current USD | 238.72 million current USD | 10 |
| 1990s | 154.00 million current USD | 109.90 million current USD | 228.68 million current USD | 10 |
| 2000s | 205.78 million current USD | 157.35 million current USD | 365.83 million current USD | 10 |
| 2010s | 551.12 million current USD | 403.57 million current USD | 625.91 million current USD | 10 |
| 2020s | 544.01 million current USD | 429.37 million current USD | 655.13 million current USD | 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 655.13 million current USD 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 655.13 million current USD in 2024.
- What is the lowest military expenditure recorded in Bolivia?
- The lowest recorded value was 4.94 million current USD in 1961.
- How does Bolivia rank for military expenditure?
- Bolivia ranks 96th 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 USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)