Military expenditure in Chile
Chile: Military expenditure was 4.82 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
4.82 trillion current LCU
Change on year
up 4.9%
World rank
15th
of 168 countries
All-time high
4.82 trillion current LCU
in 2024
All-time low
133,000 current LCU
in 1960
Years of data
65
1960–2024
Military expenditure in Chile, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
In 2024, military expenditure in Chile stood at 4.82 trillion current LCU. That is the highest value across all 65 years on record.
The figure is up 4.9% on the previous year and up 65.6% over ten years.
Over the whole period, military expenditure in Chile peaked at 4.82 trillion current LCU in 2024 and was at its lowest, 133,000 current LCU, in 1960.
That places Chile 15th out of 168 countries 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.
Military expenditure in Chile, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 133,000 current LCU | — |
| 1961 | 169,000 current LCU | +27.1% |
| 1962 | 172,000 current LCU | +1.8% |
| 1963 | 248,000 current LCU | +44.2% |
| 1964 | 346,000 current LCU | +39.5% |
| 1965 | 531,000 current LCU | +53.5% |
| 1966 | 719,000 current LCU | +35.4% |
| 1967 | 926,000 current LCU | +28.8% |
| 1968 | 1.20 million current LCU | +29.0% |
| 1969 | 1.55 million current LCU | +29.8% |
| 1970 | 4.38 million current LCU | +182.4% |
| 1971 | 7.96 million current LCU | +81.6% |
| 1972 | 15.54 million current LCU | +95.3% |
| 1973 | 72.07 million current LCU | +363.9% |
| 1974 | 654.00 million current LCU | +807.5% |
| 1975 | 2.39 billion current LCU | +265.4% |
| 1976 | 7.83 billion current LCU | +227.6% |
| 1977 | 19.90 billion current LCU | +154.2% |
| 1978 | 32.80 billion current LCU | +64.8% |
| 1979 | 48.90 billion current LCU | +49.1% |
| 1980 | 69.70 billion current LCU | +42.5% |
| 1981 | 89.40 billion current LCU | +28.3% |
| 1982 | 110.00 billion current LCU | +23.0% |
| 1983 | 118.00 billion current LCU | +7.3% |
| 1984 | 144.00 billion current LCU | +22.0% |
| 1985 | 183.00 billion current LCU | +27.1% |
| 1986 | 215.00 billion current LCU | +17.5% |
| 1987 | 256.00 billion current LCU | +19.1% |
| 1988 | 245.00 billion current LCU | -4.3% |
| 1989 | 264.00 billion current LCU | +7.8% |
| 1990 | 314.50 billion current LCU | +19.1% |
| 1991 | 362.50 billion current LCU | +15.3% |
| 1992 | 423.80 billion current LCU | +16.9% |
| 1993 | 521.80 billion current LCU | +23.1% |
| 1994 | 616.00 billion current LCU | +18.1% |
| 1995 | 725.30 billion current LCU | +17.7% |
| 1996 | 785.00 billion current LCU | +8.2% |
| 1997 | 889.20 billion current LCU | +13.3% |
| 1998 | 972.30 billion current LCU | +9.3% |
| 1999 | 1.04 trillion current LCU | +6.9% |
| 2000 | 1.14 trillion current LCU | +9.2% |
| 2001 | 1.20 trillion current LCU | +5.9% |
| 2002 | 1.23 trillion current LCU | +2.0% |
| 2003 | 1.43 trillion current LCU | +16.6% |
| 2004 | 1.64 trillion current LCU | +14.6% |
| 2005 | 1.74 trillion current LCU | +6.0% |
| 2006 | 2.04 trillion current LCU | +17.8% |
| 2007 | 2.10 trillion current LCU | +2.8% |
| 2008 | 2.43 trillion current LCU | +15.4% |
| 2009 | 2.19 trillion current LCU | -9.8% |
| 2010 | 2.50 trillion current LCU | +14.1% |
| 2011 | 2.75 trillion current LCU | +10.1% |
| 2012 | 2.66 trillion current LCU | -3.3% |
| 2013 | 2.74 trillion current LCU | +3.0% |
| 2014 | 2.91 trillion current LCU | +6.3% |
| 2015 | 3.03 trillion current LCU | +4.1% |
| 2016 | 3.25 trillion current LCU | +7.2% |
| 2017 | 3.48 trillion current LCU | +7.2% |
| 2018 | 3.56 trillion current LCU | +2.2% |
| 2019 | 3.65 trillion current LCU | +2.5% |
| 2020 | 4.16 trillion current LCU | +14.0% |
| 2021 | 3.95 trillion current LCU | -5.1% |
| 2022 | 4.07 trillion current LCU | +3.0% |
| 2023 | 4.60 trillion current LCU | +13.0% |
| 2024 | 4.82 trillion current LCU | +4.9% |
Chile compared with similar countries
- Chile's 4.82 trillion current LCU is above the median for high income countries, which is 14.02 billion current LCU, 343.7× the median. (54 countries reporting)
- Chile's 4.82 trillion current LCU is above the median for Latin America & Caribbean, which is 12.04 billion current LCU, 400.4× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Military expenditure in Chile 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.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +807.5% | 72.07 million current LCU | 654.00 million current LCU |
| 1973 | +363.9% | 15.54 million current LCU | 72.07 million current LCU |
| 1975 | +265.4% | 654.00 million current LCU | 2.39 billion current LCU |
| 1976 | +227.6% | 2.39 billion current LCU | 7.83 billion current LCU |
| 1970 | +182.4% | 1.55 million current LCU | 4.38 million current LCU |
| 1977 | +154.2% | 7.83 billion current LCU | 19.90 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 599,000 current LCU | 133,000 current LCU | 1.55 million current LCU | 10 |
| 1970s | 11.26 billion current LCU | 4.38 million current LCU | 48.90 billion current LCU | 10 |
| 1980s | 169.41 billion current LCU | 69.70 billion current LCU | 264.00 billion current LCU | 10 |
| 1990s | 664.99 billion current LCU | 314.50 billion current LCU | 1.04 trillion current LCU | 10 |
| 2000s | 1.71 trillion current LCU | 1.14 trillion current LCU | 2.43 trillion current LCU | 10 |
| 2010s | 3.05 trillion current LCU | 2.50 trillion current LCU | 3.65 trillion current LCU | 10 |
| 2020s | 4.32 trillion current LCU | 3.95 trillion current LCU | 4.82 trillion current LCU | 5 |
Countries ranked near Chile
More public sector data for Chile
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- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
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- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
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Frequently asked questions
- What is military expenditure in Chile?
- Military expenditure in Chile was 4.82 trillion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Chile?
- The highest recorded value was 4.82 trillion current LCU in 2024.
- What is the lowest military expenditure recorded in Chile?
- The lowest recorded value was 133,000 current LCU in 1960.
- How does Chile rank for military expenditure?
- Chile ranks 15th out of 168 countries with data for 2024.
- Is military expenditure rising or falling in Chile?
- Over the last ten years it is up 65.6%. The long-run trend across the full record is volatile.
- Where does this Chile 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.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military expenditure in local currency at current prices (by calendar year)