The ratio of military expenditure to gross domestic product (GDP) in Chile decreased to 1.83 percent since the previous year. As a result, the ratio in Chile saw its lowest number in 2022 with 1.83 percent. Military expenditure refers to the total amount of money spent on a country's armed forces, including peacekeeping and defense operations. This figure is then given as a share of its gross domestic product (not total government expenditure). When comparing international figures there may be some discrepancies depending on what countries consider military spending.
Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like Uruguay and Argentina.
Chile: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022
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World Bank. (June 28, 2024). Chile: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph]. In Statista. Retrieved September 17, 2024, from https://www.statista.com/statistics/810369/ratio-of-military-expenditure-to-gross-domestic-product-gdp-chile/
World Bank. "Chile: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022." Chart. June 28, 2024. Statista. Accessed September 17, 2024. https://www.statista.com/statistics/810369/ratio-of-military-expenditure-to-gross-domestic-product-gdp-chile/
World Bank. (2024). Chile: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022. Statista. Statista Inc.. Accessed: September 17, 2024. https://www.statista.com/statistics/810369/ratio-of-military-expenditure-to-gross-domestic-product-gdp-chile/
World Bank. "Chile: Ratio of Military Spending to Gross Domestic Product (Gdp) from 2012 to 2022." Statista, Statista Inc., 28 Jun 2024, https://www.statista.com/statistics/810369/ratio-of-military-expenditure-to-gross-domestic-product-gdp-chile/
World Bank, Chile: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 Statista, https://www.statista.com/statistics/810369/ratio-of-military-expenditure-to-gross-domestic-product-gdp-chile/ (last visited September 17, 2024)
Chile: 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/810369/ratio-of-military-expenditure-to-gross-domestic-product-gdp-chile/