Indonesia vs Latin America & Caribbean (excluding high income): Military expenditure (current USD), gaps filled

Indonesia
11.04 billion current USD
in 2024
Latin America & Caribbean (excluding high income)
66.10 billion current USD
in 2024
Indonesia rank
28th
Latin America & Caribbean (excluding high income) rank
26th

Military expenditure (current USD), gaps filled over time

  • Indonesia
  • Latin America & Caribbean (excluding high income)
020.0B40.0B60.0B80.0B196019922024

How they compare

Latin America & Caribbean (excluding high income) currently reports 66.10 billion current USD against 11.04 billion current USD in Indonesia, a difference of 55.06 billion current USD.

That makes Latin America & Caribbean (excluding high income)'s figure about 6.0 times Indonesia's.

Across all 51 years both countries report, Latin America & Caribbean (excluding high income) has been ahead every year.

Indonesia ranks 28th and Latin America & Caribbean (excluding high income) ranks 26th of 167 countries.

Latin America & Caribbean (excluding high income) has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Indonesia Latin America & Caribbean (excluding high income) Difference Ahead
1970s 1.28 billion current USD 7.62 billion current USD 6.34 billion current USD Latin America & Caribbean (excluding high income)
1980s 1.93 billion current USD 11.65 billion current USD 9.71 billion current USD Latin America & Caribbean (excluding high income)
1990s 2.01 billion current USD 21.48 billion current USD 19.48 billion current USD Latin America & Caribbean (excluding high income)
2000s 2.26 billion current USD 31.94 billion current USD 29.68 billion current USD Latin America & Caribbean (excluding high income)
2010s 7.18 billion current USD 61.15 billion current USD 53.98 billion current USD Latin America & Caribbean (excluding high income)
2020s 10.12 billion current USD 55.09 billion current USD 44.96 billion current USD Latin America & Caribbean (excluding high income)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), gaps filled, Indonesia or Latin America & Caribbean (excluding high income)?
Latin America & Caribbean (excluding high income), at 66.10 billion current USD against 11.04 billion current USD in Indonesia as of 2024.
What is the difference in military expenditure (current usd), gaps filled between Indonesia and Latin America & Caribbean (excluding high income)?
55.06 billion current USD, with Latin America & Caribbean (excluding high income) ahead.
How many years of comparable data are there for Indonesia and Latin America & Caribbean (excluding high income)?
51 years are reported by both, from 1974 to 2024.
How do Indonesia and Latin America & Caribbean (excluding high income) rank globally for military expenditure (current usd), gaps filled?
Indonesia ranks 28th and Latin America & Caribbean (excluding high income) ranks 26th of 167 countries.
Where does this data come from?
Statizoid (derived), published as Military expenditure (current USD), gaps filled. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Indonesia vs Latin America & Caribbean (excluding high income): Military expenditure (current USD), gaps filled. Statizoid, drawing on Statizoid (derived). Retrieved 13 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-gaps-filled/indonesia/latin-america-and-caribbean-excluding-high-income/

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About this data

Indicator
Military expenditure (current USD), gaps filled
Unit
current USD
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,708 data points, 1960–2024
Last refreshed

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.