Latin America & Caribbean vs Netherlands: Military expenditure (current USD), annual growth rate

Latin America & Caribbean
10.62 % change on previous year
in 2024
Netherlands
39.43 % change on previous year
in 2024
Latin America & Caribbean rank
16th
Netherlands rank
14th

Military expenditure (current USD), annual growth rate over time

  • Latin America & Caribbean
  • Netherlands
-200204060196119922024

How they compare

Netherlands currently reports 39.43 % change on previous year against 10.62 % change on previous year in Latin America & Caribbean, a difference of 28.81 % change on previous year.

That makes Netherlands's figure about 3.7 times Latin America & Caribbean's.

The two have swapped places 26 times across 64 shared years of data; in 1961 it was Netherlands ahead.

Latin America & Caribbean ranks 16th and Netherlands ranks 14th of 41 groups.

Across the 7 decades both report, Latin America & Caribbean averaged higher in 5 and Netherlands in 2.

Head to head by decade

Decade Latin America & Caribbean Netherlands Difference Ahead
1960s 10.46 % change on previous year 9.55 % change on previous year 0.9082 % change on previous year Latin America & Caribbean
1970s 19.37 % change on previous year 17.61 % change on previous year 1.76 % change on previous year Latin America & Caribbean
1980s 3.4 % change on previous year 3.44 % change on previous year 0.04 % change on previous year Netherlands
1990s 5.18 % change on previous year 1.32 % change on previous year 3.86 % change on previous year Latin America & Caribbean
2000s 9.11 % change on previous year 6.08 % change on previous year 3.03 % change on previous year Latin America & Caribbean
2010s 1.38 % change on previous year 0.3124 % change on previous year 1.07 % change on previous year Latin America & Caribbean
2020s 4.22 % change on previous year 15.03 % change on previous year 10.8 % change on previous year Netherlands

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 or Netherlands?
Netherlands, at 39.43 % 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 Latin America & Caribbean and Netherlands?
28.81 % change on previous year, with Netherlands ahead.
How many years of comparable data are there for Latin America & Caribbean and Netherlands?
64 years are reported by both, from 1961 to 2024.
How do Latin America & Caribbean and Netherlands rank globally for military expenditure (current usd), annual growth rate?
Latin America & Caribbean ranks 16th and Netherlands ranks 14th 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.

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Latin America & Caribbean vs Netherlands: Military expenditure (current USD), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-annual-growth-rate/latin-america-and-caribbean/netherlands/

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About this data

Indicator
Military expenditure (current USD), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 10,048 data points, 1961–2024
Last refreshed

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.