Algeria vs Latin America & Caribbean: Military expenditure
Algeria
21.81 billion current USD
in 2024
Latin America & Caribbean
73.38 billion current USD
in 2024
Algeria rank
21st
Latin America & Caribbean rank
24th
Military expenditure over time
- Algeria
- Latin America & Caribbean
How they compare
Latin America & Caribbean currently reports 73.38 billion current USD against 21.81 billion current USD in Algeria, a difference of 51.57 billion current USD.
That makes Latin America & Caribbean's figure about 3.4 times Algeria's.
Across all 64 years both countries report, Latin America & Caribbean has been ahead every year.
Algeria ranks 21st and Latin America & Caribbean ranks 24th of 167 countries.
Latin America & Caribbean has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Algeria | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 84.80 million current USD | 1.70 billion current USD | 1.62 billion current USD | Latin America & Caribbean |
| 1970s | 332.98 million current USD | 6.83 billion current USD | 6.49 billion current USD | Latin America & Caribbean |
| 1980s | 967.12 million current USD | 13.52 billion current USD | 12.55 billion current USD | Latin America & Caribbean |
| 1990s | 1.33 billion current USD | 23.65 billion current USD | 22.32 billion current USD | Latin America & Caribbean |
| 2000s | 3.15 billion current USD | 35.47 billion current USD | 32.32 billion current USD | Latin America & Caribbean |
| 2010s | 9.63 billion current USD | 67.62 billion current USD | 57.99 billion current USD | Latin America & Caribbean |
| 2020s | 13.61 billion current USD | 61.92 billion current USD | 48.32 billion current USD | Latin America & Caribbean |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure, Algeria or Latin America & Caribbean?
- Latin America & Caribbean, at 73.38 billion current USD against 21.81 billion current USD in Algeria as of 2024.
- What is the difference in military expenditure between Algeria and Latin America & Caribbean?
- 51.57 billion current USD, with Latin America & Caribbean ahead.
- How many years of comparable data are there for Algeria and Latin America & Caribbean?
- 64 years are reported by both, from 1960 to 2024.
- How do Algeria and Latin America & Caribbean rank globally for military expenditure?
- Algeria ranks 21st and Latin America & Caribbean ranks 24th of 167 countries.
- Where does this data come from?
- SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current USD). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)