Latin America & Caribbean vs Singapore: Military expenditure (current USD), per unit of GDP

Latin America & Caribbean
0.0104 current USD per US$ of GDP
in 2024
Singapore
0.0263 current USD per US$ of GDP
in 2024
Latin America & Caribbean rank
41st
Singapore rank
38th

Military expenditure (current USD), per unit of GDP over time

  • Latin America & Caribbean
  • Singapore
0.010.020.030.040.050.06196019922024

How they compare

Singapore currently reports 0.0263 current USD per US$ of GDP against 0.0104 current USD per US$ of GDP in Latin America & Caribbean, a difference of 0.0159 current USD per US$ of GDP.

That makes Singapore's figure about 2.5 times Latin America & Caribbean's.

Across all 55 years both countries report, Singapore has been ahead every year.

Latin America & Caribbean ranks 41st and Singapore ranks 38th of 41 groups.

Singapore has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Latin America & Caribbean Singapore Difference Ahead
1970s 0.0178 current USD per US$ of GDP 0.0521 current USD per US$ of GDP 0.0343 current USD per US$ of GDP Singapore
1980s 0.0164 current USD per US$ of GDP 0.0483 current USD per US$ of GDP 0.0319 current USD per US$ of GDP Singapore
1990s 0.0135 current USD per US$ of GDP 0.0451 current USD per US$ of GDP 0.0316 current USD per US$ of GDP Singapore
2000s 0.0115 current USD per US$ of GDP 0.043 current USD per US$ of GDP 0.0315 current USD per US$ of GDP Singapore
2010s 0.0118 current USD per US$ of GDP 0.0304 current USD per US$ of GDP 0.0187 current USD per US$ of GDP Singapore
2020s 0.0104 current USD per US$ of GDP 0.026 current USD per US$ of GDP 0.0157 current USD per US$ of GDP Singapore

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), per unit of gdp, Latin America & Caribbean or Singapore?
Singapore, at 0.0263 current USD per US$ of GDP against 0.0104 current USD per US$ of GDP in Latin America & Caribbean as of 2024.
What is the difference in military expenditure (current usd), per unit of gdp between Latin America & Caribbean and Singapore?
0.0159 current USD per US$ of GDP, with Singapore ahead.
How many years of comparable data are there for Latin America & Caribbean and Singapore?
55 years are reported by both, from 1970 to 2024.
How do Latin America & Caribbean and Singapore rank globally for military expenditure (current usd), per unit of gdp?
Latin America & Caribbean ranks 41st and Singapore ranks 38th of 41 groups.
Where does this data come from?
Statizoid (derived), published as Military expenditure (current USD), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latin America & Caribbean vs Singapore: Military expenditure (current USD), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 12 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-per-unit-of-gdp/latin-america-and-caribbean/singapore/

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About this data

Indicator
Military expenditure (current USD), per unit of GDP
Unit
current USD per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,381 data points, 1960–2024
Last refreshed

Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.