Latin America & Caribbean (excluding high income) vs Russia: Military expenditure (current USD), annual growth rate
Military expenditure (current USD), annual growth rate over time
- Latin America & Caribbean (excluding high income)
- Russia
How they compare
Russia currently reports 36.41 % change on previous year against 12.04 % change on previous year in Latin America & Caribbean (excluding high income), a difference of 24.37 % change on previous year.
That makes Russia's figure about 3.0 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 14 times across 31 shared years of data; in 1994 it was Russia ahead.
Latin America & Caribbean (excluding high income) ranks 15th and Russia ranks 16th of 41 groups.
Across the 4 decades both report, Latin America & Caribbean (excluding high income) averaged higher in 1 and Russia in 3.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Russia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.5 % change on previous year | 5.06 % change on previous year | 0.4447 % change on previous year | Latin America & Caribbean (excluding high income) |
| 2000s | 9.47 % change on previous year | 23.74 % change on previous year | 14.27 % change on previous year | Russia |
| 2010s | 1.13 % change on previous year | 3.11 % change on previous year | 1.98 % change on previous year | Russia |
| 2020s | 4.5 % change on previous year | 19.97 % change on previous year | 15.47 % change on previous year | Russia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure (current usd), annual growth rate, Latin America & Caribbean (excluding high income) or Russia?
- Russia, at 36.41 % change on previous year against 12.04 % change on previous year in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in military expenditure (current usd), annual growth rate between Latin America & Caribbean (excluding high income) and Russia?
- 24.37 % change on previous year, with Russia ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Russia?
- 31 years are reported by both, from 1994 to 2024.
- How do Latin America & Caribbean (excluding high income) and Russia rank globally for military expenditure (current usd), annual growth rate?
- Latin America & Caribbean (excluding high income) ranks 15th and Russia ranks 16th of 41 groups.
- 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.