Military expenditure in Peru
Peru: Military expenditure was 2.57 billion current USD in 2024. ◆ Volatile
Military expenditure in Peru, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
Peru recorded 2.57 billion current USD for military expenditure in 2024.
Compared with earlier readings it is down 22.5% on the previous year and down 20.3% over ten years.
Over the whole period, military expenditure in Peru peaked at 3.31 billion current USD in 2015 and was at its lowest, 49.09 million current USD, in 1960.
Peru ranks 60th 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 | 116.01 million current USD | 49.09 million current USD | 243.98 million current USD | 10 |
| 1970s | 526.78 million current USD | 218.09 million current USD | 1.03 billion current USD | 10 |
| 1980s | 939.43 million current USD | 666.31 million current USD | 1.46 billion current USD | 10 |
| 1990s | 1.06 billion current USD | 697.74 million current USD | 1.41 billion current USD | 10 |
| 2000s | 1.16 billion current USD | 839.61 million current USD | 1.85 billion current USD | 10 |
| 2010s | 2.78 billion current USD | 2.18 billion current USD | 3.31 billion current USD | 10 |
| 2020s | 2.80 billion current USD | 2.57 billion current USD | 3.31 billion current USD | 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 2.57 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 Peru?
- The highest recorded value was 3.31 billion current USD in 2015.
- What is the lowest military expenditure recorded in Peru?
- The lowest recorded value was 49.09 million current USD in 1960.
- How does Peru rank for military expenditure?
- Peru ranks 60th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Peru?
- Over the last ten years it is down 20.3%. 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 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)