Peru - Military expenditure

Military expenditure (current USD)

The latest value for Military expenditure (current USD) in Peru was 2,633,123,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 3,312,215,000 in 2015 and 49,085,690 in 1960.

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
1960 49,085,690
1961 63,020,430
1962 66,368,380
1963 97,315,440
1964 120,432,500
1965 132,736,800
1966 145,041,000
1967 243,980,700
1968 113,178,300
1969 128,940,600
1970 218,087,900
1971 247,286,800
1972 276,485,800
1973 364,341,100
1974 454,780,400
1975 710,909,900
1976 778,394,400
1977 1,031,640,000
1978 665,178,600
1979 520,650,200
1980 948,572,800
1981 994,511,200
1982 1,268,695,000
1983 927,159,600
1984 666,310,900
1985 666,976,400
1986 867,539,000
1987 1,455,232,000
1988 736,618,200
1989 862,654,200
1990 777,066,900
1991 697,734,700
1992 904,617,800
1993 956,586,500
1994 1,111,162,000
1995 1,413,464,000
1996 1,396,469,000
1997 1,178,754,000
1998 1,141,809,000
1999 992,217,700
2000 912,005,800
2001 904,235,500
2002 839,613,200
2003 891,253,900
2004 922,046,100
2005 1,203,039,000
2006 1,291,060,000
2007 1,332,655,000
2008 1,503,664,000
2009 1,848,563,000
2010 2,178,946,000
2011 2,355,168,000
2012 2,857,983,000
2013 3,305,452,000
2014 3,217,575,000
2015 3,312,215,000
2016 2,536,072,000
2017 2,665,785,000
2018 2,648,683,000
2019 2,766,847,000
2020 2,633,123,000

Military expenditure (current LCU)

The value for Military expenditure (current LCU) in Peru was 9,049,400,000.00 as of 2019. As the graph below shows, over the past 59 years this indicator reached a maximum value of 10,547,550,000.00 in 2015 and a minimum value of 1.34 in 1960.

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
1960 1.34
1961 1.69
1962 1.78
1963 2.61
1964 3.23
1965 3.56
1966 3.89
1967 7.38
1968 4.38
1969 4.99
1970 8.44
1971 9.57
1972 10.70
1973 14.10
1974 17.60
1975 28.70
1976 43.40
1977 86.90
1978 104.00
1979 117.00
1980 274.00
1981 420.00
1982 885.00
1983 1,510.00
1984 2,310.00
1985 7,320.00
1986 12,100.00
1987 24,500.00
1988 94,900.00
1989 2,300,000.00
1990 146,000,000.00
1991 539,000,000.00
1992 1,127,000,000.00
1993 1,902,000,000.00
1994 2,439,000,000.00
1995 3,185,000,000.00
1996 3,426,000,000.00
1997 3,140,400,000.00
1998 3,345,500,000.00
1999 3,357,000,000.00
2000 3,182,900,000.00
2001 3,171,000,000.00
2002 2,952,500,000.00
2003 3,100,200,000.00
2004 3,147,100,000.00
2005 3,965,026,000.00
2006 4,226,970,000.00
2007 4,168,599,000.00
2008 4,397,330,000.00
2009 5,566,966,000.00
2010 6,155,783,000.00
2011 6,486,368,000.00
2012 7,538,188,000.00
2013 8,931,000,000.00
2014 9,134,837,000.00
2015 10,547,550,000.00
2016 8,561,577,000.00
2017 8,704,710,000.00
2018 8,704,370,000.00
2019 9,049,400,000.00

Military expenditure (% of GDP)

Military expenditure (% of GDP) in Peru was 1.34 as of 2020. Its highest value over the past 60 years was 8.21 in 1977, while its lowest value was 1.17 in 2018.

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
1960 2.51
1961 2.64
1962 2.43
1963 3.32
1964 3.34
1965 3.10
1966 2.84
1967 4.70
1968 2.36
1969 2.39
1970 3.51
1971 3.62
1972 3.63
1973 3.93
1974 3.93
1975 5.22
1976 5.68
1977 8.21
1978 6.20
1979 3.35
1980 4.56
1981 3.98
1982 5.11
1983 4.85
1984 3.36
1985 3.87
1986 3.35
1987 3.41
1988 2.19
1989 2.19
1990 2.68
1991 2.02
1992 2.51
1993 2.75
1994 2.47
1995 2.64
1996 2.50
1997 2.00
1998 2.02
1999 1.93
2000 1.79
2001 1.75
2002 1.54
2003 1.51
2004 1.38
2005 1.60
2006 1.47
2007 1.30
2008 1.23
2009 1.52
2010 1.46
2011 1.38
2012 1.48
2013 1.64
2014 1.59
2015 1.73
2016 1.30
2017 1.25
2018 1.17
2019 1.19
2020 1.34

Military expenditure (% of general government expenditure)

Military expenditure (% of general government expenditure) in Peru was 4.83 as of 2020. Its highest value over the past 20 years was 8.46 in 2001, while its lowest value was 4.83 in 2020.

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
2000 8.33
2001 8.46
2002 7.92
2003 7.57
2004 7.13
2005 7.95
2006 7.70
2007 7.01
2008 6.32
2009 7.11
2010 6.98
2011 6.98
2012 7.29
2013 7.59
2014 7.03
2015 7.73
2016 6.20
2017 5.87
2018 5.49
2019 5.60
2020 4.83

Classification

Topic: Public Sector Indicators

Sub-Topic: Defense & arms trade