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LatAm: military spending as share of govt. expenditure 2019, by country

The military spending of Colombia accounted for 11 percent of the country's governmental expenditure throughout 2019, the highest share of government expenses in Latin America. Chile accounted for the second highest, with a military expenditure of approximately 7.2 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 2019

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Source

Release date

April 2020

Region

LAC

Survey time period

2019 or latest year available

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