Latin America & Caribbean vs Singapore: Military expenditure

Latin America & Caribbean
73.38 billion current USD
in 2024
Singapore
15.06 billion current USD
in 2024
Latin America & Caribbean rank
26th
Singapore rank
26th

Military expenditure over time

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

How they compare

Latin America & Caribbean currently reports 73.38 billion current USD against 15.06 billion current USD in Singapore, a difference of 58.32 billion current USD.

That makes Latin America & Caribbean's figure about 4.9 times Singapore's.

Across all 55 years both countries report, Latin America & Caribbean has been ahead every year.

Latin America & Caribbean ranks 26th and Singapore ranks 26th of 44 groups.

Latin America & Caribbean has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Latin America & Caribbean Singapore Difference Ahead
1970s 6.83 billion current USD 263.35 million current USD 6.56 billion current USD Latin America & Caribbean
1980s 13.52 billion current USD 937.04 million current USD 12.58 billion current USD Latin America & Caribbean
1990s 23.65 billion current USD 3.26 billion current USD 20.39 billion current USD Latin America & Caribbean
2000s 35.47 billion current USD 5.57 billion current USD 29.90 billion current USD Latin America & Caribbean
2010s 67.62 billion current USD 9.56 billion current USD 58.06 billion current USD Latin America & Caribbean
2020s 61.92 billion current USD 12.41 billion current USD 49.51 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 Singapore?
Latin America & Caribbean, at 73.38 billion current USD against 15.06 billion current USD in Singapore as of 2024.
What is the difference in military expenditure between Latin America & Caribbean and Singapore?
58.32 billion current USD, with Latin America & Caribbean ahead.
How many years of comparable data are there for Latin America & Caribbean and Singapore?
55 years are reported by both, from 1970 to 2024.
How do Latin America & Caribbean and Singapore rank globally for military expenditure?
Latin America & Caribbean ranks 26th and Singapore ranks 26th 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.

Individual pages

Share, cite or embed this page

Cite this page

Latin America & Caribbean vs Singapore: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 04 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/latin-america-and-caribbean/singapore/

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/latin-america-and-caribbean/singapore/">Latin America & Caribbean vs Singapore: 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, 10,618 data points, 1960–2024
Last refreshed

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