Military expenditure (current LCU) in Chile

Chile: Military expenditure (current LCU) was 5.07 trillion current LCU in 2025. ◆ Volatile

Latest (2025)
5.07 trillion current LCU
Change on year
down 2.4%
World rank
16th
of 168 countries
All-time high
5.20 trillion current LCU
in 2024
All-time low
133,000 current LCU
in 1960
Years of data
66
1960–2025

Military expenditure in Chile, 1960–2025

02.0T4.0T6.0T196019922025

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

Analysis

In 2025, military expenditure in Chile stood at 5.07 trillion current LCU.

The figure is down 2.4% on the previous year and up 67.3% over ten years.

Over the whole period, military expenditure in Chile peaked at 5.20 trillion current LCU in 2024 and was at its lowest, 133,000 current LCU, in 1960.

That places Chile 16th out of 168 countries with data for 2025, putting it in the top 10%.

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

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

Annual values for Military expenditure (current LCU) in Chile, 1960 to 2025.
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 5.20 trillion current LCU +13.1%
2025 5.07 trillion current LCU -2.4%

Chile compared with similar countries

  • Chile's 5.07 trillion current LCU is above the median for high income countries, which is 17.84 billion current LCU, 284.2× the median. (54 countries reporting)
  • Chile's 5.07 trillion current LCU is above the median for Latin America & Caribbean, which is 12.18 billion current LCU, 416.2× the median. (24 countries reporting)

Biggest year-on-year movements

Years where Military expenditure (current LCU) 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.

YearChange FromTo
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

DecadeAverage LowestHighest 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 4.50 trillion current LCU 3.95 trillion current LCU 5.20 trillion current LCU 6

Countries ranked near Chile

  1. 13 Iraq 8.45 trillion current LCU compare
  2. 14 India 8.02 trillion current LCU compare
  3. 15 Guinea 5.20 trillion current LCU compare
  4. 17 Argentina 4.82 trillion current LCU compare
  5. 18 Uganda 4.67 trillion current LCU compare
  6. 19 Ukraine 3.51 trillion current LCU compare

See the full ranking of 168 places →

More public sector data for Chile

All data for Chile →

Frequently asked questions

What is military expenditure in Chile?
Military expenditure in Chile was 5.07 trillion current LCU in 2025, 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 5.20 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 16th out of 168 countries with data for 2025.
Is military expenditure rising or falling in Chile?
Over the last ten years it is up 67.3%. 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.

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Military expenditure in Chile. 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/chile/

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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)