Latin America & the Caribbean (IDA & IBRD countries) vs United States: Military expenditure
Latin America & the Caribbean (IDA & IBRD countries)
3.3%
in 2024
United States
9.1%
in 2024
Latin America & the Caribbean (IDA & IBRD countries) rank
41st
United States rank
39th
Military expenditure over time
- Latin America & the Caribbean (IDA & IBRD countries)
- United States
How they compare
United States currently reports 9.1% against 3.3% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 5.8%.
That makes United States's figure about 2.8 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 24 years both countries report, United States has been ahead every year.
Latin America & the Caribbean (IDA & IBRD countries) ranks 41st and United States ranks 39th of 43 groups.
United States has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | United States | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.3% | 11.4% | 7.2% | United States |
| 2010s | 3.7% | 10.6% | 6.9% | United States |
| 2020s | 3.4% | 8.7% | 5.3% | United States |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure, Latin America & the Caribbean (IDA & IBRD countries) or United States?
- United States, at 9.1% against 3.3% in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
- What is the difference in military expenditure between Latin America & the Caribbean (IDA & IBRD countries) and United States?
- 5.8%, with United States ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and United States?
- 24 years are reported by both, from 2001 to 2024.
- How do Latin America & the Caribbean (IDA & IBRD countries) and United States rank globally for military expenditure?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 41st and United States ranks 39th of 43 groups.
- Where does this data come from?
- SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (% of general government expenditure). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Military expenditure expressed as a percentage of general government expenditure