LatAm: military spending as share of govt. expenditure 2018, by country

During 2018, the military spending of Colombia accounted for 11.6 percent of the country's governmental expenditure. In Latin America, Colombia is followed by Chile, whose military expenditure accounted for approximately 7.4 percent of the government's expenses.

Likewise, Colombia is the Latin American country with the highest military expenditure as percentage of its Gross Domestic Product (GDP).

Military spending as percentage of government expenditure in selected countries of Latin America in 2018

Share of government expenses
Colombia 11.6%
Chile7.4%
Honduras*6.5%
Ecuador 6.4%
Uruguay 5.8%
Peru 5.6%
Paraguay 4.8%
Guyana 4.4%
Jamaica 4.4%
El Salvador *4.2%
Dominican Republic4.1%
Bolivia 3.9%
Belize 3.9%
Brazil 3.9%
Guatemala 2.9%
Trinidad & Tobago2.4%
Nicaragua 2.2%
Mexico 2.1%
Argentina2.1%
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 2019

Region

Central and South America, Mexico

Survey time period

2018

Supplementary notes

* Estimates.
** The source informs that data for the indicated countries remains uncertain due to unreliable inflation figures.

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$59 / Month *

Corporate Account
Full access

Corporate solution including all features.

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

Statistics on "The Iraq Inquiry"

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.