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

Indonesia
15.03 billion current USD
in 2025
Latin America & Caribbean (excluding high income)
65.63 billion current USD
in 2025
Indonesia rank
27th
Latin America & Caribbean (excluding high income) rank
29th

Military expenditure (current USD) over time

  • Indonesia
  • Latin America & Caribbean (excluding high income)
020.0B40.0B60.0B80.0B196019922025

How they compare

Latin America & Caribbean (excluding high income) currently reports 65.63 billion current USD against 15.03 billion current USD in Indonesia, a difference of 50.61 billion current USD.

That makes Latin America & Caribbean (excluding high income)'s figure about 4.4 times Indonesia's.

Across all 52 years both countries report, Latin America & Caribbean (excluding high income) has been ahead every year.

Indonesia ranks 27th and Latin America & Caribbean (excluding high income) ranks 29th of 168 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 61.08 billion current USD 53.90 billion current USD Latin America & Caribbean (excluding high income)
2020s 11.10 billion current USD 57.32 billion current USD 46.22 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, Indonesia or Latin America & Caribbean (excluding high income)?
Latin America & Caribbean (excluding high income), at 65.63 billion current USD against 15.03 billion current USD in Indonesia as of 2025.
What is the difference in military expenditure between Indonesia and Latin America & Caribbean (excluding high income)?
50.61 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)?
52 years are reported by both, from 1974 to 2025.
How do Indonesia and Latin America & Caribbean (excluding high income) rank globally for military expenditure?
Indonesia ranks 27th and Latin America & Caribbean (excluding high income) ranks 29th 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

Share, cite or embed this page

Cite this page

Indonesia vs Latin America & Caribbean (excluding high income): Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 08 November 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/indonesia/latin-america-and-caribbean-excluding-high-income/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://public-sector.statizoid.com/compare/military-expenditure-current-usd/indonesia/latin-america-and-caribbean-excluding-high-income/">Indonesia vs Latin America & Caribbean (excluding high income): Military expenditure</a> — Statizoid

About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
212 places, 10,705 data points, 1960–2025
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)