Latin America & Caribbean (excluding high income) vs Norway: Military expenditure

Latin America & Caribbean (excluding high income)
66.10 billion current USD
in 2024
Norway
10.44 billion current USD
in 2024
Latin America & Caribbean (excluding high income) rank
29th
Norway rank
29th

Military expenditure over time

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

How they compare

Latin America & Caribbean (excluding high income) currently reports 66.10 billion current USD against 10.44 billion current USD in Norway, a difference of 55.67 billion current USD.

That makes Latin America & Caribbean (excluding high income)'s figure about 6.3 times Norway's.

Across all 65 years both countries report, Latin America & Caribbean (excluding high income) has been ahead every year.

Latin America & Caribbean (excluding high income) ranks 29th and Norway ranks 29th of 44 groups.

Latin America & Caribbean (excluding high income) has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Latin America & Caribbean (excluding high income) Norway Difference Ahead
1960s 1.51 billion current USD 243.40 million current USD 1.27 billion current USD Latin America & Caribbean (excluding high income)
1970s 5.85 billion current USD 839.31 million current USD 5.01 billion current USD Latin America & Caribbean (excluding high income)
1980s 11.65 billion current USD 2.08 billion current USD 9.57 billion current USD Latin America & Caribbean (excluding high income)
1990s 21.48 billion current USD 3.40 billion current USD 18.09 billion current USD Latin America & Caribbean (excluding high income)
2000s 31.94 billion current USD 4.77 billion current USD 27.17 billion current USD Latin America & Caribbean (excluding high income)
2010s 61.15 billion current USD 6.94 billion current USD 54.22 billion current USD Latin America & Caribbean (excluding high income)
2020s 55.09 billion current USD 8.72 billion current USD 46.37 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, Latin America & Caribbean (excluding high income) or Norway?
Latin America & Caribbean (excluding high income), at 66.10 billion current USD against 10.44 billion current USD in Norway as of 2024.
What is the difference in military expenditure between Latin America & Caribbean (excluding high income) and Norway?
55.67 billion current USD, with Latin America & Caribbean (excluding high income) ahead.
How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Norway?
65 years are reported by both, from 1960 to 2024.
How do Latin America & Caribbean (excluding high income) and Norway rank globally for military expenditure?
Latin America & Caribbean (excluding high income) ranks 29th and Norway ranks 29th of 44 groups.
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.

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Latin America & Caribbean (excluding high income) vs Norway: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 09 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/latin-america-and-caribbean-excluding-high-income/norway/

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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, 10,618 data points, 1960–2024
Last refreshed

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