Military expenditure in selected countries in Latin America in 2017 (in million U.S. dollars)

LatAm: value of military spending 2017, by country The statistic shows the annual value of military spending in selected countries of Latin America in 2017. That year, the military expenditure of Brazil amounted to approximately 29.3 billion U.S. dollars.
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Military spending in million U.S. dollars
Brazil 29,283
Colombia 9,714
Mexico 5,781
Argentina**5,681
Chile5,135
Ecuador 2,427
Peru 2,086
Uruguay 1,242
Bolivia 657
Dominican Republic496
Venezuela **465
Honduras *364
Paraguay 348
Guatemala 284
El Salvador *247
Trinidad & Tobago202
Jamaica 131
Nicaragua 83.9
Guyana 57.3
Belize 22.8
Haiti0.1
Military spending in million U.S. dollars
Brazil 29,283
Colombia 9,714
Mexico 5,781
Argentina**5,681
Chile5,135
Ecuador 2,427
Peru 2,086
Uruguay 1,242
Bolivia 657
Dominican Republic496
Venezuela **465
Honduras *364
Paraguay 348
Guatemala 284
El Salvador *247
Trinidad & Tobago202
Jamaica 131
Nicaragua 83.9
Guyana 57.3
Belize 22.8
Haiti0.1
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The statistic shows the annual value of military spending in selected countries of Latin America in 2017. That year, the military expenditure of Brazil amounted to approximately 29.3 billion U.S. dollars.
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Release date
April 2018
Region
Central and South America, Mexico
Survey time period
2017
Special properties
Based on 2016 constant prices and exchange rates.
Supplementary notes
* Estimates.
** The source informs that data for the indicated countries remains uncertain due to unreliable inflation figures.
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