Colombia: military expenditure as percentage of GDP 2007-2018

The military spending as percentage of the Gross Domestic Product (GDP) of Colombia has decreased throughout recent years. In 2018, the military expenditure reported by Colombia accounted for approximately 3.2 percent of the country's GDP, down from 3.9 percent of the GDP in 2009.

Nevertheless, Colombia's military expenditures as percentage of GDP is one of the highest in Latin America as a whole.

Military expenditure as percentage of Gross Domestic Product (GDP) in Colombia from 2007 to 2018

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Source

Release date

April 2019

Region

Colombia

Survey time period

2007 to 2018

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