Latin America & Caribbean vs Norway: Military expenditure (current USD)

Latin America & Caribbean
73.39 billion current USD
in 2025
Norway
17.03 billion current USD
in 2025
Latin America & Caribbean rank
27th
Norway rank
24th

Military expenditure (current USD) over time

  • Latin America & Caribbean
  • Norway
020.0B40.0B60.0B80.0B196019922025

How they compare

Latin America & Caribbean currently reports 73.39 billion current USD against 17.03 billion current USD in Norway, a difference of 56.36 billion current USD.

That makes Latin America & Caribbean's figure about 4.3 times Norway's.

Across all 66 years both countries report, Latin America & Caribbean has been ahead every year.

Latin America & Caribbean ranks 27th and Norway ranks 24th of 44 groups.

Latin America & Caribbean has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Latin America & Caribbean Norway Difference Ahead
1960s 1.68 billion current USD 243.40 million current USD 1.44 billion current USD Latin America & Caribbean
1970s 6.83 billion current USD 839.31 million current USD 5.99 billion current USD Latin America & Caribbean
1980s 13.52 billion current USD 2.08 billion current USD 11.44 billion current USD Latin America & Caribbean
1990s 23.65 billion current USD 3.40 billion current USD 20.25 billion current USD Latin America & Caribbean
2000s 35.47 billion current USD 4.77 billion current USD 30.70 billion current USD Latin America & Caribbean
2010s 67.54 billion current USD 6.94 billion current USD 60.60 billion current USD Latin America & Caribbean
2020s 64.35 billion current USD 10.16 billion current USD 54.19 billion current USD Latin America & Caribbean

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Latin America & Caribbean or Norway?
Latin America & Caribbean, at 73.39 billion current USD against 17.03 billion current USD in Norway as of 2025.
What is the difference in military expenditure between Latin America & Caribbean and Norway?
56.36 billion current USD, with Latin America & Caribbean ahead.
How many years of comparable data are there for Latin America & Caribbean and Norway?
66 years are reported by both, from 1960 to 2025.
How do Latin America & Caribbean and Norway rank globally for military expenditure?
Latin America & Caribbean ranks 27th and Norway ranks 24th 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 vs Norway: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 November 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/latin-america-and-caribbean/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, 10,705 data points, 1960–2025
Last refreshed

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