Colombia vs Latin America & Caribbean: Military expenditure (current USD), annual growth rate
Military expenditure (current USD), annual growth rate over time
- Colombia
- Latin America & Caribbean
How they compare
Colombia currently reports 40.05 % change on previous year against 10.62 % change on previous year in Latin America & Caribbean, a difference of 29.43 % change on previous year.
That makes Colombia's figure about 3.8 times Latin America & Caribbean's.
The two have swapped places 24 times across 64 shared years of data; in 1961 it was Colombia ahead.
Colombia ranks 13th and Latin America & Caribbean ranks 16th of 164 countries.
Across the 7 decades both report, Colombia averaged higher in 5 and Latin America & Caribbean in 2.
Head to head by decade
| Decade | Colombia | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 8.31 % change on previous year | 10.46 % change on previous year | 2.14 % change on previous year | Latin America & Caribbean |
| 1970s | 16.26 % change on previous year | 19.37 % change on previous year | 3.11 % change on previous year | Latin America & Caribbean |
| 1980s | 7.34 % change on previous year | 3.4 % change on previous year | 3.94 % change on previous year | Colombia |
| 1990s | 17 % change on previous year | 5.18 % change on previous year | 11.82 % change on previous year | Colombia |
| 2000s | 11.54 % change on previous year | 9.11 % change on previous year | 2.43 % change on previous year | Colombia |
| 2010s | 1.85 % change on previous year | 1.38 % change on previous year | 0.4626 % change on previous year | Colombia |
| 2020s | 9.41 % change on previous year | 4.22 % change on previous year | 5.19 % change on previous year | Colombia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure (current usd), annual growth rate, Colombia or Latin America & Caribbean?
- Colombia, at 40.05 % change on previous year against 10.62 % change on previous year in Latin America & Caribbean as of 2024.
- What is the difference in military expenditure (current usd), annual growth rate between Colombia and Latin America & Caribbean?
- 29.43 % change on previous year, with Colombia ahead.
- How many years of comparable data are there for Colombia and Latin America & Caribbean?
- 64 years are reported by both, from 1961 to 2024.
- How do Colombia and Latin America & Caribbean rank globally for military expenditure (current usd), annual growth rate?
- Colombia ranks 13th and Latin America & Caribbean ranks 16th of 164 countries.
- Where does this data come from?
- Statizoid (derived), published as Military expenditure (current USD), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.