Arms imports (SIPRI trend indicator values), annual growth rate in Latin America & Caribbean
Latin America & Caribbean: Arms imports (SIPRI trend indicator values), annual growth rate was 67.27 % change on previous year in 2024. ◆ Volatile
Arms imports (SIPRI trend indicator values), annual growth rate in Latin America & Caribbean, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for arms imports (sipri trend indicator values), annual growth rate in Latin America & Caribbean is 67.27 % change on previous year, measured in 2024.
That represents a change of up 273.5% on the previous year and up 338.9% over ten years.
Over the whole period, arms imports (sipri trend indicator values), annual growth rate in Latin America & Caribbean peaked at 93.77 % change on previous year in 1997 and was at its lowest, -62.97 % change on previous year, in 1998.
That places Latin America & Caribbean 1st out of 42 groups with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Arms imports (SIPRI trend indicator values), annual growth rate in Latin America & Caribbean, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 0.9024 % change on previous year | — |
| 1962 | 43.17 % change on previous year | +4684.1% |
| 1963 | -57.64 % change on previous year | -233.5% |
| 1964 | -42.09 % change on previous year | -27.0% |
| 1965 | 13.19 % change on previous year | -131.3% |
| 1966 | 38.85 % change on previous year | +194.5% |
| 1969 | -34.05 % change on previous year | -187.6% |
| 1970 | 10.1 % change on previous year | -129.7% |
| 1971 | 66.06 % change on previous year | +553.9% |
| 1972 | 44.27 % change on previous year | -33.0% |
| 1973 | 35.14 % change on previous year | -20.6% |
| 1974 | -15.2 % change on previous year | -143.3% |
| 1975 | 9.61 % change on previous year | -163.2% |
| 1976 | 8 % change on previous year | -16.7% |
| 1977 | 15.84 % change on previous year | +98.0% |
| 1978 | -2.62 % change on previous year | -116.5% |
| 1979 | -26.31 % change on previous year | +904.2% |
| 1980 | 22.24 % change on previous year | -184.5% |
| 1981 | 50.66 % change on previous year | +127.8% |
| 1982 | -16.18 % change on previous year | -131.9% |
| 1983 | 4.23 % change on previous year | -126.2% |
| 1984 | -2.66 % change on previous year | -162.9% |
| 1985 | -45.58 % change on previous year | +1610.9% |
| 1986 | -22.36 % change on previous year | -50.9% |
| 1987 | 10.33 % change on previous year | -146.2% |
| 1988 | -31.57 % change on previous year | -405.7% |
| 1989 | 32.12 % change on previous year | -201.7% |
| 1990 | -29.65 % change on previous year | -192.3% |
| 1991 | 9.6 % change on previous year | -132.4% |
| 1992 | -49.04 % change on previous year | -611.0% |
| 1993 | -13.75 % change on previous year | -72.0% |
| 1994 | 88.24 % change on previous year | -741.8% |
| 1995 | -14.42 % change on previous year | -116.3% |
| 1996 | 26.74 % change on previous year | -285.5% |
| 1997 | 93.77 % change on previous year | +250.7% |
| 1998 | -62.97 % change on previous year | -167.2% |
| 1999 | 59.07 % change on previous year | -193.8% |
| 2000 | -16.53 % change on previous year | -128.0% |
| 2001 | 20.1 % change on previous year | -221.6% |
| 2002 | -44.92 % change on previous year | -323.5% |
| 2003 | -21.24 % change on previous year | -52.7% |
| 2004 | 41.2 % change on previous year | -294.0% |
| 2005 | 57.56 % change on previous year | +39.7% |
| 2006 | 73.65 % change on previous year | +28.0% |
| 2009 | -18.28 % change on previous year | -124.8% |
| 2010 | 14.64 % change on previous year | -180.1% |
| 2011 | 12.32 % change on previous year | -15.8% |
| 2012 | -4.11 % change on previous year | -133.4% |
| 2013 | -6.26 % change on previous year | +52.1% |
| 2014 | -28.16 % change on previous year | +350.1% |
| 2015 | 22.57 % change on previous year | -180.1% |
| 2016 | -25.99 % change on previous year | -215.2% |
| 2017 | -42.73 % change on previous year | +64.4% |
| 2018 | -6.47 % change on previous year | -84.9% |
| 2021 | -38.76 % change on previous year | +498.8% |
| 2024 | 67.27 % change on previous year | -273.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -5.38 % change on previous year | -57.64 % change on previous year | 43.17 % change on previous year | 7 |
| 1970s | 14.49 % change on previous year | -26.31 % change on previous year | 66.06 % change on previous year | 10 |
| 1980s | 0.1222 % change on previous year | -45.58 % change on previous year | 50.66 % change on previous year | 10 |
| 1990s | 10.76 % change on previous year | -62.97 % change on previous year | 93.77 % change on previous year | 10 |
| 2000s | 11.44 % change on previous year | -44.92 % change on previous year | 73.65 % change on previous year | 8 |
| 2010s | -7.13 % change on previous year | -42.73 % change on previous year | 22.57 % change on previous year | 9 |
| 2020s | 14.25 % change on previous year | -38.76 % change on previous year | 67.27 % change on previous year | 2 |
Countries ranked near Latin America & Caribbean
- 1 Botswana 1,000 % change on previous year compare
- 2 Slovakia 893.33 % change on previous year compare
- 3 Azerbaijan 833.33 % change on previous year compare
- 4 Papua New Guinea 600 % change on previous year compare
More public sector data for Latin America & Caribbean
- Arms imports 644.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.9725 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 644.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 110.81 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0104 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 10.62 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 73.38 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 19.2 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 3,308 current USD per square kilometre (2023)
Frequently asked questions
- What is arms imports (sipri trend indicator values), annual growth rate in Latin America & Caribbean?
- Arms imports (sipri trend indicator values), annual growth rate in Latin America & Caribbean was 67.27 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest arms imports (sipri trend indicator values), annual growth rate recorded in Latin America & Caribbean?
- The highest recorded value was 93.77 % change on previous year in 1997.
- What is the lowest arms imports (sipri trend indicator values), annual growth rate recorded in Latin America & Caribbean?
- The lowest recorded value was -62.97 % change on previous year in 1998.
- How does Latin America & Caribbean rank for arms imports (sipri trend indicator values), annual growth rate?
- Latin America & Caribbean ranks 1st out of 42 groups with data for 2024.
- Is arms imports (sipri trend indicator values), annual growth rate rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 338.9%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean data come from?
- The figures come from Statizoid (derived), published as part of Arms imports (SIPRI trend indicator values), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Arms imports (SIPRI trend indicator values). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Arms imports Arms Transfers Programme, Stockholm International Peace Research Institute (SIPRI)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Arms imports (SIPRI trend indicator values). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.