Colombia vs Latin America & Caribbean: Military expenditure
Colombia
15.10 billion current USD
in 2024
Latin America & Caribbean
73.38 billion current USD
in 2024
Colombia rank
25th
Latin America & Caribbean rank
26th
Military expenditure over time
- Colombia
- Latin America & Caribbean
How they compare
Latin America & Caribbean currently reports 73.38 billion current USD against 15.10 billion current USD in Colombia, a difference of 58.28 billion current USD.
That makes Latin America & Caribbean's figure about 4.9 times Colombia's.
Across all 65 years both countries report, Latin America & Caribbean has been ahead every year.
Colombia ranks 25th and Latin America & Caribbean ranks 26th of 168 countries.
Latin America & Caribbean has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Colombia | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 149.60 million current USD | 1.68 billion current USD | 1.53 billion current USD | Latin America & Caribbean |
| 1970s | 253.15 million current USD | 6.83 billion current USD | 6.57 billion current USD | Latin America & Caribbean |
| 1980s | 751.24 million current USD | 13.52 billion current USD | 12.77 billion current USD | Latin America & Caribbean |
| 1990s | 2.30 billion current USD | 23.65 billion current USD | 21.35 billion current USD | Latin America & Caribbean |
| 2000s | 5.21 billion current USD | 35.47 billion current USD | 30.26 billion current USD | Latin America & Caribbean |
| 2010s | 10.49 billion current USD | 67.62 billion current USD | 57.12 billion current USD | Latin America & Caribbean |
| 2020s | 11.05 billion current USD | 61.92 billion current USD | 50.87 billion current USD | Latin America & Caribbean |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure, Colombia or Latin America & Caribbean?
- Latin America & Caribbean, at 73.38 billion current USD against 15.10 billion current USD in Colombia as of 2024.
- What is the difference in military expenditure between Colombia and Latin America & Caribbean?
- 58.28 billion current USD, with Latin America & Caribbean ahead.
- How many years of comparable data are there for Colombia and Latin America & Caribbean?
- 65 years are reported by both, from 1960 to 2024.
- How do Colombia and Latin America & Caribbean rank globally for military expenditure?
- Colombia ranks 25th and Latin America & Caribbean ranks 26th of 168 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)