The ratio of military expenditure to gross domestic product (GDP) in Bolivia increased by 0.1 percentage points (+7.09 percent) since the previous year. In total, the ratio amounted to 1.48 percent in 2022. Military expenditure figures refer to the amount of money spent on a country's armed forces, including peacekeeping and defense operations, among others. When comparing international figures, there may be some inconsistencies depending on what respective countries consider as military spending.
Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like Ecuador and Peru.
Bolivia: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022
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World Bank. (June 28, 2024). Bolivia: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/810342/ratio-of-military-expenditure-to-gross-domestic-product-gdp-bolivia/
World Bank. "Bolivia: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022." Chart. June 28, 2024. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/810342/ratio-of-military-expenditure-to-gross-domestic-product-gdp-bolivia/
World Bank. (2024). Bolivia: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/810342/ratio-of-military-expenditure-to-gross-domestic-product-gdp-bolivia/
World Bank. "Bolivia: Ratio of Military Spending to Gross Domestic Product (Gdp) from 2012 to 2022." Statista, Statista Inc., 28 Jun 2024, https://www.statista.com/statistics/810342/ratio-of-military-expenditure-to-gross-domestic-product-gdp-bolivia/
World Bank, Bolivia: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 Statista, https://www.statista.com/statistics/810342/ratio-of-military-expenditure-to-gross-domestic-product-gdp-bolivia/ (last visited July 27, 2024)
Bolivia: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph], World Bank, June 28, 2024. [Online]. Available: https://www.statista.com/statistics/810342/ratio-of-military-expenditure-to-gross-domestic-product-gdp-bolivia/