LatAm: military spending as share of govt. expenditure 2021, by country

The military spending of Colombia accounted for 9.57 percent of the country's governmental expenditure throughout 2021, the highest share of government expenses in Latin America. Uruguay accounted for the second highest, with a military expenditure of approximately 6.65 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).