Arms imports in Latin America & the Caribbean (IDA & IBRD countries)

Latin America & the Caribbean (IDA & IBRD countries): Arms imports was 644.00 million SIPRI trend indicator values in 2024. ◆ Volatile

Latest (2024)
644.00 million SIPRI trend indicator values
Change on year
up 67.3%
Rank
36th
of 45 groups
All-time high
3.38 billion SIPRI trend indicator values
in 1981
All-time low
180.00 million SIPRI trend indicator values
in 1964
Years of data
61
1960–2024

Arms imports in Latin America & the Caribbean (IDA & IBRD countries), 1960–2024

01.0B2.0B3.0B196019922024

Source: Arms Transfers Programme, Stockholm International Peace Research Institute (SIPRI). Measured in SIPRI trend indicator values.

Analysis

The most recent figure for arms imports in Latin America & the Caribbean (IDA & IBRD countries) is 644.00 million SIPRI trend indicator values, measured in 2024.

The figure is up 67.3% on the previous year and down 41.5% over ten years.

Over the whole period, arms imports in Latin America & the Caribbean (IDA & IBRD countries) peaked at 3.38 billion SIPRI trend indicator values in 1981 and was at its lowest, 180.00 million SIPRI trend indicator values, in 1964.

That places Latin America & the Caribbean (IDA & IBRD countries) 36th out of 45 groups with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Arms imports in Latin America & the Caribbean (IDA & IBRD countries), year by year

Annual values for Arms imports (SIPRI trend indicator values) in Latin America & the Caribbean (IDA & IBRD countries), 1960 to 2024.
Year SIPRI trend indicator values Change
1960 1.07 billion SIPRI trend indicator values
1961 706.00 million SIPRI trend indicator values -33.8%
1962 424.00 million SIPRI trend indicator values -39.9%
1963 458.00 million SIPRI trend indicator values +8.0%
1964 180.00 million SIPRI trend indicator values -60.7%
1965 354.00 million SIPRI trend indicator values +96.7%
1966 447.00 million SIPRI trend indicator values +26.3%
1968 1.05 billion SIPRI trend indicator values +134.0%
1969 637.00 million SIPRI trend indicator values -39.1%
1970 717.00 million SIPRI trend indicator values +12.6%
1971 1.29 billion SIPRI trend indicator values +79.4%
1972 1.64 billion SIPRI trend indicator values +27.3%
1973 2.40 billion SIPRI trend indicator values +46.8%
1974 1.99 billion SIPRI trend indicator values -17.4%
1975 2.42 billion SIPRI trend indicator values +22.1%
1976 2.52 billion SIPRI trend indicator values +3.9%
1977 2.67 billion SIPRI trend indicator values +6.2%
1978 2.68 billion SIPRI trend indicator values +0.3%
1979 1.95 billion SIPRI trend indicator values -27.5%
1980 2.53 billion SIPRI trend indicator values +30.1%
1981 3.38 billion SIPRI trend indicator values +33.3%
1982 2.67 billion SIPRI trend indicator values -20.8%
1983 3.01 billion SIPRI trend indicator values +12.7%
1984 3.26 billion SIPRI trend indicator values +8.3%
1985 1.66 billion SIPRI trend indicator values -49.3%
1986 1.25 billion SIPRI trend indicator values -24.8%
1987 1.65 billion SIPRI trend indicator values +32.1%
1988 1.01 billion SIPRI trend indicator values -38.6%
1989 1.46 billion SIPRI trend indicator values +44.7%
1990 923.00 million SIPRI trend indicator values -36.8%
1991 1.04 billion SIPRI trend indicator values +12.4%
1992 611.00 million SIPRI trend indicator values -41.1%
1993 527.00 million SIPRI trend indicator values -13.7%
1994 992.00 million SIPRI trend indicator values +88.2%
1995 849.00 million SIPRI trend indicator values -14.4%
1996 1.08 billion SIPRI trend indicator values +26.7%
1997 2.08 billion SIPRI trend indicator values +93.8%
1998 772.00 million SIPRI trend indicator values -63.0%
1999 1.23 billion SIPRI trend indicator values +59.1%
2000 992.00 million SIPRI trend indicator values -19.2%
2001 1.23 billion SIPRI trend indicator values +24.1%
2002 678.00 million SIPRI trend indicator values -44.9%
2003 534.00 million SIPRI trend indicator values -21.2%
2004 746.00 million SIPRI trend indicator values +39.7%
2005 1.19 billion SIPRI trend indicator values +58.8%
2006 2.06 billion SIPRI trend indicator values +74.1%
2008 1.66 billion SIPRI trend indicator values -19.4%
2009 1.36 billion SIPRI trend indicator values -18.3%
2010 1.56 billion SIPRI trend indicator values +14.7%
2011 1.75 billion SIPRI trend indicator values +12.3%
2012 1.68 billion SIPRI trend indicator values -4.1%
2013 1.57 billion SIPRI trend indicator values -6.3%
2014 1.10 billion SIPRI trend indicator values -30.1%
2015 1.37 billion SIPRI trend indicator values +24.5%
2016 1.00 billion SIPRI trend indicator values -26.6%
2017 575.00 million SIPRI trend indicator values -42.8%
2018 549.00 million SIPRI trend indicator values -4.5%
2020 970.00 million SIPRI trend indicator values +76.7%
2021 594.00 million SIPRI trend indicator values -38.8%
2023 385.00 million SIPRI trend indicator values -35.2%
2024 644.00 million SIPRI trend indicator values +67.3%

Averages by decade

DecadeAverage LowestHighest Years
1960s 590.89 million SIPRI trend indicator values 180.00 million SIPRI trend indicator values 1.07 billion SIPRI trend indicator values 9
1970s 2.03 billion SIPRI trend indicator values 717.00 million SIPRI trend indicator values 2.68 billion SIPRI trend indicator values 10
1980s 2.19 billion SIPRI trend indicator values 1.01 billion SIPRI trend indicator values 3.38 billion SIPRI trend indicator values 10
1990s 1.01 billion SIPRI trend indicator values 527.00 million SIPRI trend indicator values 2.08 billion SIPRI trend indicator values 10
2000s 1.16 billion SIPRI trend indicator values 534.00 million SIPRI trend indicator values 2.06 billion SIPRI trend indicator values 9
2010s 1.24 billion SIPRI trend indicator values 549.00 million SIPRI trend indicator values 1.75 billion SIPRI trend indicator values 9
2020s 648.25 million SIPRI trend indicator values 385.00 million SIPRI trend indicator values 970.00 million SIPRI trend indicator values 4

Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)

  1. 33 Israel 211.00 million SIPRI trend indicator values compare
  2. 34 New Zealand 200.00 million SIPRI trend indicator values compare
  3. 35 France 188.00 million SIPRI trend indicator values compare
  4. 36 Indonesia 186.00 million SIPRI trend indicator values compare
  5. 37 Serbia 153.00 million SIPRI trend indicator values compare
  6. 38 Belarus 151.00 million SIPRI trend indicator values compare
  7. 39 Canada 149.00 million SIPRI trend indicator values compare

See the full ranking of 218 places →

More public sector data for Latin America & the Caribbean (IDA & IBRD countries)

All data for Latin America & the Caribbean (IDA & IBRD countries) →

Frequently asked questions

What is arms imports in Latin America & the Caribbean (IDA & IBRD countries)?
Arms imports in Latin America & the Caribbean (IDA & IBRD countries) was 644.00 million SIPRI trend indicator values in 2024, according to Arms Transfers Programme, Stockholm International Peace Research Institute (SIPRI).
What is the highest arms imports recorded in Latin America & the Caribbean (IDA & IBRD countries)?
The highest recorded value was 3.38 billion SIPRI trend indicator values in 1981.
What is the lowest arms imports recorded in Latin America & the Caribbean (IDA & IBRD countries)?
The lowest recorded value was 180.00 million SIPRI trend indicator values in 1964.
How does Latin America & the Caribbean (IDA & IBRD countries) rank for arms imports?
Latin America & the Caribbean (IDA & IBRD countries) ranks 36th out of 45 groups with data for 2024.
Is arms imports rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
Over the last ten years it is down 41.5%. The long-run trend across the full record is volatile.
Where does this Latin America & the Caribbean (IDA & IBRD countries) data come from?
The figures come from Arms Transfers Programme, Stockholm International Peace Research Institute (SIPRI), published as part of Arms imports (SIPRI trend indicator values). Statizoid updates them automatically from the source API.

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Arms imports in Latin America & the Caribbean (IDA & IBRD countries). Statizoid, drawing on Arms Transfers Programme, Stockholm International Peace Research Institute (SIPRI). Retrieved 09 September 2026, from https://public-sector.statizoid.com/stat/arms-imports-sipri-trend-indicator-values/latin-america-and-the-caribbean-ida-and-ibrd-countries/

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About this data

Indicator
Arms imports (SIPRI trend indicator values)
Unit
SIPRI trend indicator values
Source
Arms Transfers Programme, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
218 places, 9,426 data points, 1960–2024
Last refreshed

Arms transfers (imports) cover the volume of transfers of major arms through sales and gifts, and those made through manufacturing licenses. Data cover major conventional weapons such as aircraft, armored vehicles, artillery, radar systems, missiles, and ships. Figures are SIPRI Trend Indicator Values (TIVs). A '0' indicates that the volume of deliveries is between 0 and 0.5 million SIPRI TIV.