Military expenditure in Chile
Chile: Military expenditure was 5.11 billion current USD in 2024. ◆ Volatile
Military expenditure in Chile, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
Chile recorded 5.11 billion current USD for military expenditure in 2024.
That represents a change of down 6.7% on the previous year and up 0.1% over ten years.
Over the whole period, military expenditure in Chile peaked at 5.69 billion current USD in 2011 and was at its lowest, 126.79 million current USD, in 1960.
Chile ranks 47th of 167 countries on this measure, 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 | 164.46 million current USD | 126.79 million current USD | 186.70 million current USD | 10 |
| 1970s | 825.44 million current USD | 388.38 million current USD | 1.31 billion current USD | 10 |
| 1980s | 1.46 billion current USD | 988.93 million current USD | 2.29 billion current USD | 10 |
| 1990s | 1.60 billion current USD | 1.03 billion current USD | 2.12 billion current USD | 10 |
| 2000s | 3.01 billion current USD | 1.78 billion current USD | 4.64 billion current USD | 10 |
| 2010s | 5.22 billion current USD | 4.63 billion current USD | 5.69 billion current USD | 10 |
| 2020s | 5.13 billion current USD | 4.65 billion current USD | 5.47 billion current USD | 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 5.11 billion current USD 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 5.69 billion current USD in 2011.
- What is the lowest military expenditure recorded in Chile?
- The lowest recorded value was 126.79 million current USD in 1960.
- How does Chile rank for military expenditure?
- Chile ranks 47th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Chile?
- Over the last ten years it is up 0.1%. 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 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)