Latin America: military expenditure as percentage of GDP 2019, by country

In 2019, the military expenditure of Colombia accounted for approximately 3.2 percent of the country's gross domestic product (GDP), one of the highest shares in Latin America and the Caribbean. Cuba is also one of the countries in the region with the highest military budget in relation to its GDP, having spent a sum comparable to 2.9 percent of its GDP on military expenditures in 2018, the latest year with available information for that nation.

Still, Brazil is the Latin American country with the largest number of active military personnel.

Military expenditure as percentage of Gross Domestic Product (GDP) in selected countries of Latin America and the Caribbean in 2019

Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

April 2020

Region

Central and South America, Mexico

Survey time period

2019 or latest year available

Supplementary notes

* Data from 2018.
** Data from 2017.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Single Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "Security sector in the Netherlands"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.