Military expenditure in Colombia
Colombia: Military expenditure was 15.10 billion current USD in 2024. ◆ Volatile
Military expenditure in Colombia, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
In 2024, military expenditure in Colombia stood at 15.10 billion current USD. That is the highest value across all 65 years on record.
The figure is up 40.0% on the previous year and up 27.4% over ten years.
Over the whole period, military expenditure in Colombia peaked at 15.10 billion current USD in 2024 and was at its lowest, 75.96 million current USD, in 1960.
Colombia ranks 25th of 167 countries on this measure, in the top quarter.
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 | 149.60 million current USD | 75.96 million current USD | 190.00 million current USD | 10 |
| 1970s | 253.15 million current USD | 162.66 million current USD | 467.69 million current USD | 10 |
| 1980s | 751.24 million current USD | 611.25 million current USD | 889.73 million current USD | 10 |
| 1990s | 2.30 billion current USD | 889.98 million current USD | 4.32 billion current USD | 10 |
| 2000s | 5.21 billion current USD | 3.03 billion current USD | 9.05 billion current USD | 10 |
| 2010s | 10.49 billion current USD | 8.68 billion current USD | 12.50 billion current USD | 10 |
| 2020s | 11.05 billion current USD | 9.55 billion current USD | 15.10 billion current USD | 5 |
Countries ranked near Colombia
More public sector data for Colombia
- Arms imports 19.00 million SIPRI trend indicator values (2024)
- Tax revenue 15.2% (2024)
- Taxes on income, profits and capital gains 24.1% (2024)
- Taxes on goods and services 24.3% (2024)
- Net investment in nonfinancial assets 0.8% (2024)
- Net lending (+) / net borrowing (-) -4.6% (2024)
- Interest payments 13.9% (2024)
- Grants and other revenue 28.4% (2024)
- Interest payments 13.2% (2023)
- Other taxes 1.8% (2024)
Frequently asked questions
- What is military expenditure in Colombia?
- Military expenditure in Colombia was 15.10 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 Colombia?
- The highest recorded value was 15.10 billion current USD in 2024.
- What is the lowest military expenditure recorded in Colombia?
- The lowest recorded value was 75.96 million current USD in 1960.
- How does Colombia rank for military expenditure?
- Colombia ranks 25th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Colombia?
- Over the last ten years it is up 27.4%. The long-run trend across the full record is volatile.
- Where does this Colombia 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.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)