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Colombia: military expenditure as percentage of GDP 2007-2021

Published by Teresa Romero, May 23, 2022
The military spending as percentage of the Gross Domestic Product (GDP) of Colombia has barely fluctuated throughout recent years, oscillating between 3.1 and 3.9 from 2007 to 2021. In 2021, the military expenditure reported by Colombia decreased to approximately 3.4 percent of the country's GDP.

Furthermore, Colombia's military expenditures as percentage of GDP is the highest in Latin America as a whole, ranking first in the list.

Military expenditure as percentage of Gross Domestic Product (GDP) in Colombia from 2007 to 2021

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