Military expenditure (current LCU) in Bolivia

Bolivia: Military expenditure (current LCU) was 4.76 billion current LCU in 2025. ◆ Volatile

Latest (2025)
4.76 billion current LCU
Change on year
up 20.6%
World rank
121st
of 168 countries
All-time high
4.76 billion current LCU
in 2025
All-time low
58.63 current LCU
in 1961
Years of data
61
1961–2025

Military expenditure in Bolivia, 1961–2025

01.0B2.0B3.0B4.0B5.0B196119932025

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.

Analysis

Bolivia recorded 4.76 billion current LCU for military expenditure in 2025. That is the highest value across all 61 years on record.

That represents a change of up 20.6% on the previous year and up 18.5% over ten years.

Over the whole period, military expenditure in Bolivia peaked at 4.76 billion current LCU in 2025 and was at its lowest, 58.63 current LCU, in 1961.

Bolivia ranks 121st of 168 countries on this measure, in the middle of the range.

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

Military expenditure (current LCU) in Bolivia, year by year

Annual values for Military expenditure (current LCU) in Bolivia, 1961 to 2025.
Year current LCU Change
1961 58.63 current LCU —
1962 61.72 current LCU +5.3%
1963 76.08 current LCU +23.3%
1968 137.61 current LCU +80.9%
1969 145.59 current LCU +5.8%
1970 199.43 current LCU +37.0%
1971 188.46 current LCU -5.5%
1972 275.21 current LCU +46.0%
1973 422.79 current LCU +53.6%
1974 795.73 current LCU +88.2%
1975 1,167 current LCU +46.6%
1976 1,336 current LCU +14.5%
1977 1,466 current LCU +9.7%
1978 1,954 current LCU +33.3%
1979 2,443 current LCU +25.0%
1980 3,899 current LCU +59.6%
1981 5,853 current LCU +50.1%
1982 7,927 current LCU +35.4%
1983 20,841 current LCU +162.9%
1984 453,706 current LCU +2077.0%
1985 57.74 million current LCU +12625.3%
1986 178.49 million current LCU +209.2%
1987 212.39 million current LCU +19.0%
1988 218.38 million current LCU +2.8%
1989 273.72 million current LCU +25.3%
1990 434.86 million current LCU +58.9%
1991 514.33 million current LCU +18.3%
1992 551.70 million current LCU +7.3%
1993 468.72 million current LCU -15.0%
1994 621.90 million current LCU +32.7%
1995 675.70 million current LCU +8.7%
1996 745.78 million current LCU +10.4%
1997 946.82 million current LCU +27.0%
1998 1.26 billion current LCU +33.1%
1999 1.03 billion current LCU -18.5%
2000 1.07 billion current LCU +4.3%
2001 1.25 billion current LCU +16.5%
2002 1.13 billion current LCU -9.6%
2003 1.33 billion current LCU +17.7%
2004 1.32 billion current LCU -0.6%
2005 1.32 billion current LCU +0.2%
2006 1.35 billion current LCU +1.7%
2007 1.53 billion current LCU +14.0%
2008 2.65 billion current LCU +72.6%
2009 2.14 billion current LCU -19.0%
2010 3.84 billion current LCU +79.1%
2011 2.80 billion current LCU -27.1%
2012 3.45 billion current LCU +23.4%
2013 3.90 billion current LCU +12.9%
2014 4.33 billion current LCU +10.9%
2015 4.01 billion current LCU -7.2%
2016 3.59 billion current LCU -10.5%
2017 3.98 billion current LCU +10.9%
2018 4.17 billion current LCU +4.6%
2019 4.10 billion current LCU -1.6%
2020 3.52 billion current LCU -14.1%
2021 3.70 billion current LCU +5.1%
2022 2.96 billion current LCU -20.0%
2023 4.07 billion current LCU +37.4%
2024 3.94 billion current LCU -3.0%
2025 4.76 billion current LCU +20.6%

Bolivia compared with similar countries

  • Bolivia's 4.76 billion current LCU is below the median for lower middle income countries, which is 121.21 billion current LCU, 4% of the median. (40 countries reporting)
  • Bolivia's 4.76 billion current LCU is below the median for Latin America & Caribbean, which is 12.18 billion current LCU, 39% of the median. (24 countries reporting)

Biggest year-on-year movements

Years where Military expenditure (current LCU) in Bolivia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1985 +12625.3% 453,706 current LCU 57.74 million current LCU
1984 +2077.0% 20,841 current LCU 453,706 current LCU
1986 +209.2% 57.74 million current LCU 178.49 million current LCU

Averages by decade

DecadeAverage LowestHighest Years
1960s 95.93 current LCU 58.63 current LCU 145.59 current LCU 5
1970s 1,025 current LCU 188.46 current LCU 2,443 current LCU 10
1980s 94.12 million current LCU 3,899 current LCU 273.72 million current LCU 10
1990s 724.72 million current LCU 434.86 million current LCU 1.26 billion current LCU 10
2000s 1.51 billion current LCU 1.07 billion current LCU 2.65 billion current LCU 10
2010s 3.82 billion current LCU 2.80 billion current LCU 4.33 billion current LCU 10
2020s 3.83 billion current LCU 2.96 billion current LCU 4.76 billion current LCU 6

Countries ranked near Bolivia

  1. 118 Haiti 5.12 billion current LCU compare
  2. 119 New Zealand 4.91 billion current LCU compare
  3. 120 Guatemala 4.86 billion current LCU compare
  4. 122 Bulgaria 4.49 billion current LCU compare
  5. 123 Tunisia 4.45 billion current LCU compare
  6. 124 Nicaragua 4.28 billion current LCU compare

See the full ranking of 168 places →

More public sector data for Bolivia

All data for Bolivia →

Frequently asked questions

What is military expenditure in Bolivia?
Military expenditure in Bolivia was 4.76 billion current LCU in 2025, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Bolivia?
The highest recorded value was 4.76 billion current LCU in 2025.
What is the lowest military expenditure recorded in Bolivia?
The lowest recorded value was 58.63 current LCU in 1961.
How does Bolivia rank for military expenditure?
Bolivia ranks 121st out of 168 countries with data for 2025.
Is military expenditure rising or falling in Bolivia?
Over the last ten years it is up 18.5%. The long-run trend across the full record is volatile.
Where does this Bolivia data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.

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Military expenditure in Bolivia. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 November 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-lcu/bolivia/

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About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
168 places, 8,396 data points, 1960–2025
Last refreshed

Military expenditure in local currency at current prices (by calendar year)