Latin America & Caribbean vs Russia: Military expenditure (current USD), annual growth rate
Latin America & Caribbean
10.62 % change on previous year
in 2024
Russia
36.41 % change on previous year
in 2024
Latin America & Caribbean rank
16th
Russia rank
16th
Military expenditure (current USD), annual growth rate over time
- Latin America & Caribbean
- Russia
How they compare
Russia currently reports 36.41 % change on previous year against 10.62 % change on previous year in Latin America & Caribbean, a difference of 25.79 % change on previous year.
That makes Russia's figure about 3.4 times Latin America & Caribbean's.
The two have swapped places 12 times across 31 shared years of data; in 1994 it was Russia ahead.
Latin America & Caribbean ranks 16th and Russia ranks 16th of 41 groups.
Across the 4 decades both report, Latin America & Caribbean averaged higher in 1 and Russia in 3.
Head to head by decade
| Decade | Latin America & Caribbean | Russia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.63 % change on previous year | 5.06 % change on previous year | 0.5724 % change on previous year | Latin America & Caribbean |
| 2000s | 9.11 % change on previous year | 23.74 % change on previous year | 14.63 % change on previous year | Russia |
| 2010s | 1.38 % change on previous year | 3.11 % change on previous year | 1.72 % change on previous year | Russia |
| 2020s | 4.22 % change on previous year | 19.97 % change on previous year | 15.75 % 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 or Russia?
- Russia, at 36.41 % 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 Russia?
- 25.79 % change on previous year, with Russia ahead.
- How many years of comparable data are there for Latin America & Caribbean and Russia?
- 31 years are reported by both, from 1994 to 2024.
- How do Latin America & Caribbean and Russia rank globally for military expenditure (current usd), annual growth rate?
- Latin America & Caribbean ranks 16th 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.