Latin America & Caribbean vs Qatar: Military expenditure

Latin America & Caribbean
73.38 billion current USD
in 2024
Qatar
15.41 billion current USD
in 2022
Latin America & Caribbean rank
24th
Qatar rank
24th

Military expenditure over time

  • Latin America & Caribbean
  • Qatar
020.0B40.0B60.0B80.0B196019922024

How they compare

Latin America & Caribbean currently reports 73.38 billion current USD against 15.41 billion current USD in Qatar, a difference of 57.97 billion current USD.

That makes Latin America & Caribbean's figure about 4.8 times Qatar's.

Across all 22 years both countries report, Latin America & Caribbean has been ahead every year.

Latin America & Caribbean ranks 24th and Qatar ranks 24th of 42 groups.

Latin America & Caribbean has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Latin America & Caribbean Qatar Difference Ahead
1980s 13.80 billion current USD 1.02 billion current USD 12.79 billion current USD Latin America & Caribbean
1990s 17.19 billion current USD 843.21 million current USD 16.35 billion current USD Latin America & Caribbean
2000s 37.52 billion current USD 1.26 billion current USD 36.25 billion current USD Latin America & Caribbean
2010s 68.69 billion current USD 1.88 billion current USD 66.82 billion current USD Latin America & Caribbean
2020s 57.72 billion current USD 13.50 billion current USD 44.21 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 Qatar?
Latin America & Caribbean, at 73.38 billion current USD against 15.41 billion current USD in Qatar as of 2024.
What is the difference in military expenditure between Latin America & Caribbean and Qatar?
57.97 billion current USD, with Latin America & Caribbean ahead.
How many years of comparable data are there for Latin America & Caribbean and Qatar?
22 years are reported by both, from 1980 to 2022.
How do Latin America & Caribbean and Qatar rank globally for military expenditure?
Latin America & Caribbean ranks 24th and Qatar ranks 24th of 42 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 Qatar: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 01 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/latin-america-and-caribbean/qatar/

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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
211 places, 10,601 data points, 1960–2024
Last refreshed

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