In 2021, the government of Ecuador spent approximately 2.41 billion U.S. dollars in the military sector. Compared to the 2.4 billion dollars spent a year earlier, this represents a slight increase of 2.1 percent. In the last three years, the annual value of military expenditure in Ecuador has been continuously increasing. Further, Ecuador is among the top three Latin American countries that spends the most on the military sector in relation to its Gross Domestic Product (GDP).
Military expenditure in Ecuador from 2013 to 2021
(in billion U.S. dollars)
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SIPRI. (April 25, 2022). Military expenditure in Ecuador from 2013 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 04, 2022, from https://www.statista.com/statistics/794486/military-spending-value-ecuador/
SIPRI. "Military expenditure in Ecuador from 2013 to 2021 (in billion U.S. dollars)." Chart. April 25, 2022. Statista. Accessed July 04, 2022. https://www.statista.com/statistics/794486/military-spending-value-ecuador/
SIPRI. (2022). Military expenditure in Ecuador from 2013 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 04, 2022. https://www.statista.com/statistics/794486/military-spending-value-ecuador/
SIPRI. "Military Expenditure in Ecuador from 2013 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 25 Apr 2022, https://www.statista.com/statistics/794486/military-spending-value-ecuador/
SIPRI, Military expenditure in Ecuador from 2013 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/794486/military-spending-value-ecuador/ (last visited July 04, 2022)
