Bolivia - Military expenditure

Military expenditure (current USD)

The latest value for Military expenditure (current USD) in Bolivia was 608,968,400 as of 2020. Over the past 59 years, the value for this indicator has fluctuated between 625,885,100 in 2014 and 4,935,418 in 1961.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another).

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1961 4,935,418
1962 5,195,619
1963 6,404,293
1968 11,583,120
1969 12,254,610
1970 16,787,140
1971 15,863,840
1972 20,700,640
1973 21,129,140
1974 39,766,640
1975 58,304,470
1976 66,776,060
1977 73,254,330
1978 97,672,440
1979 119,737,100
1980 159,008,100
1981 238,715,500
1982 123,726,800
1983 89,973,480
1984 144,680,800
1985 131,208,000
1986 92,869,210
1987 103,362,400
1988 92,916,950
1989 101,690,900
1990 137,065,100
1991 143,644,000
1992 141,441,900
1993 109,897,100
1994 134,595,200
1995 140,760,900
1996 146,963,000
1997 180,200,400
1998 228,677,000
1999 176,744,200
2000 173,245,400
2001 184,397,600
2002 160,437,900
2003 173,431,300
2004 168,881,600
2005 169,262,300
2006 179,525,500
2007 221,280,700
2008 327,194,700
2009 345,777,800
2010 327,413,200
2011 403,568,600
2012 499,870,000
2013 564,409,900
2014 625,885,100
2015 575,524,200
2016 552,381,200
2017 574,070,200
2018 618,842,100
2019 598,213,100
2020 608,968,400

Military expenditure (current LCU)

The value for Military expenditure (current LCU) in Bolivia was 4,136,045,000.00 as of 2019. As the graph below shows, over the past 58 years this indicator reached a maximum value of 4,324,866,000.00 in 2014 and a minimum value of 58.63 in 1961.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

Year Value
1961 58.63
1962 61.72
1963 76.08
1968 137.61
1969 145.58
1970 199.43
1971 188.46
1972 275.22
1973 422.79
1974 795.73
1975 1,166.67
1976 1,336.19
1977 1,465.82
1978 1,954.43
1979 2,443.03
1980 3,898.88
1981 5,853.31
1982 7,927.39
1983 20,840.56
1984 453,705.90
1985 57,735,320.00
1986 178,490,900.00
1987 212,394,200.00
1988 218,377,100.00
1989 273,719,300.00
1990 434,859,700.00
1991 514,333,000.00
1992 551,697,000.00
1993 468,720,000.00
1994 621,900,000.00
1995 675,700,000.00
1996 745,780,000.00
1997 946,820,000.00
1998 1,260,040,000.00
1999 1,027,310,000.00
2000 1,071,270,000.00
2001 1,218,300,000.00
2002 1,150,340,000.00
2003 1,328,340,000.00
2004 1,340,290,000.00
2005 1,365,280,000.00
2006 1,438,290,000.00
2007 1,737,330,000.00
2008 2,368,340,000.00
2009 2,427,360,000.00
2010 2,297,350,000.00
2011 2,799,539,000.00
2012 3,454,102,000.00
2013 3,900,072,000.00
2014 4,324,866,000.00
2015 3,976,500,000.00
2016 3,818,043,000.00
2017 3,981,797,000.00
2018 4,277,695,000.00
2019 4,136,045,000.00

Military expenditure (% of GDP)

Military expenditure (% of GDP) in Bolivia was 1.57 as of 2020. Its highest value over the past 59 years was 3.90 in 1981, while its lowest value was 1.16 in 1962.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1961 1.20
1962 1.16
1963 1.33
1968 1.35
1969 1.32
1970 1.61
1971 1.39
1972 1.60
1973 1.62
1974 1.84
1975 2.37
1976 2.37
1977 2.25
1978 2.60
1979 2.71
1980 3.17
1981 3.90
1982 1.98
1983 1.50
1984 2.17
1985 2.01
1986 2.35
1987 2.38
1988 2.02
1989 2.16
1990 2.82
1991 2.69
1992 2.51
1993 1.92
1994 2.25
1995 2.10
1996 1.99
1997 2.27
1998 2.69
1999 2.13
2000 2.06
2001 2.26
2002 2.03
2003 2.15
2004 1.92
2005 1.77
2006 1.57
2007 1.69
2008 1.96
2009 1.99
2010 1.67
2011 1.68
2012 1.85
2013 1.84
2014 1.90
2015 1.74
2016 1.63
2017 1.54
2018 1.54
2019 1.46
2020 1.57

Military expenditure (% of general government expenditure)

Military expenditure (% of general government expenditure) in Bolivia was 4.35 as of 2020. Its highest value over the past 32 years was 12.36 in 1990, while its lowest value was 3.91 in 2015.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1988 8.43
1989 8.84
1990 12.36
1991 11.12
1992 9.92
1993 7.05
1994 8.41
1995 8.13
1996 7.63
1997 8.04
1998 8.98
1999 7.26
2000 7.04
2001 7.09
2002 6.10
2003 6.71
2004 5.95
2005 5.34
2006 5.25
2007 5.17
2008 5.55
2009 5.57
2010 5.29
2011 4.76
2012 5.12
2013 4.79
2014 4.39
2015 3.91
2016 4.08
2017 3.98
2018 4.14
2019 4.06
2020 4.35

Classification

Topic: Public Sector Indicators

Sub-Topic: Defense & arms trade