Military expenditure (current USD), annual growth rate in Chile

Chile: Military expenditure (current USD), annual growth rate was -6.67 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-6.67 % change on previous year
Change on year
down 137.8%
World rank
144th
of 164 countries
All-time high
115.79 % change on previous year
in 1970
All-time low
-55.88 % change on previous year
in 1975
Years of data
64
1961–2024

Military expenditure (current USD), annual growth rate in Chile, 1961–2024

-50050100196119922024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for military expenditure (current usd), annual growth rate in Chile is -6.67 % change on previous year, measured in 2024.

That represents a change of down 137.8% on the previous year and up 13.7% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in Chile peaked at 115.79 % change on previous year in 1970 and was at its lowest, -55.88 % change on previous year, in 1975.

Chile ranks 144th of 164 countries on this measure, in the bottom quarter.

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

Military expenditure (current USD), annual growth rate in Chile, year by year

Annual values for Military expenditure (current USD), annual growth rate in Chile, 1961 to 2024.
Year % change on previous year Change
1961 26.93 % change on previous year —
1962 1.05 % change on previous year -96.1%
1963 -5.97 % change on previous year -666.8%
1964 -1.94 % change on previous year -67.5%
1965 12.18 % change on previous year -727.8%
1966 10.99 % change on previous year -9.8%
1967 -2.14 % change on previous year -119.5%
1968 -4.88 % change on previous year +128.4%
1969 3.57 % change on previous year -173.0%
1970 115.79 % change on previous year +3145.6%
1971 67.77 % change on previous year -41.5%
1972 14.44 % change on previous year -78.7%
1973 34.9 % change on previous year +141.8%
1974 9.67 % change on previous year -72.3%
1975 -55.88 % change on previous year -677.9%
1976 23.23 % change on previous year -141.6%
1977 54.06 % change on previous year +132.7%
1978 12.13 % change on previous year -77.6%
1979 26.71 % change on previous year +120.2%
1980 36.12 % change on previous year +35.3%
1981 28.26 % change on previous year -21.8%
1982 -5.74 % change on previous year -120.3%
1983 -30.69 % change on previous year +434.7%
1984 -2.36 % change on previous year -92.3%
1985 -22.2 % change on previous year +838.7%
1986 -2.04 % change on previous year -90.8%
1987 4.7 % change on previous year -330.0%
1988 -14.3 % change on previous year -404.1%
1989 -1.1 % change on previous year -92.3%
1990 4.3 % change on previous year -490.5%
1991 0.636 % change on previous year -85.2%
1992 12.6 % change on previous year +1881.6%
1993 10.45 % change on previous year -17.1%
1994 13.55 % change on previous year +29.7%
1995 24.69 % change on previous year +82.1%
1996 4.16 % change on previous year -83.1%
1997 11.37 % change on previous year +173.2%
1998 -0.3928 % change on previous year -103.5%
1999 -3.28 % change on previous year +734.5%
2000 2.95 % change on previous year -190.1%
2001 -10 % change on previous year -438.7%
2002 -6 % change on previous year -40.0%
2003 16.21 % change on previous year -370.2%
2004 29.95 % change on previous year +84.8%
2005 15.37 % change on previous year -48.7%
2006 24.35 % change on previous year +58.4%
2007 4.33 % change on previous year -82.2%
2008 15.4 % change on previous year +255.2%
2009 -15.93 % change on previous year -203.5%
2010 25.42 % change on previous year -259.5%
2011 16.2 % change on previous year -36.3%
2012 -3.88 % change on previous year -124.0%
2013 1.17 % change on previous year -130.1%
2014 -7.72 % change on previous year -761.9%
2015 -9.25 % change on previous year +19.8%
2016 3.57 % change on previous year -138.6%
2017 11.97 % change on previous year +235.4%
2018 3.27 % change on previous year -72.6%
2019 -6.56 % change on previous year -300.3%
2020 1.24 % change on previous year -118.8%
2021 -0.9939 % change on previous year -180.4%
2022 -10.49 % change on previous year +955.3%
2023 17.65 % change on previous year -268.3%
2024 -6.67 % change on previous year -137.8%

Chile compared with similar countries

  • Chile's -6.67 % change on previous year is below the median for high income countries, which is 10.89 % change on previous year. (52 countries reporting)
  • Chile's -6.67 % change on previous year is below the median for Latin America & Caribbean, which is 3.65 % change on previous year. (23 countries reporting)

Biggest year-on-year movements

Years where Military expenditure (current USD), annual growth rate 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
1970 +3145.6% 3.57 % change on previous year 115.79 % change on previous year
1992 +1881.6% 0.636 % change on previous year 12.6 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 4.42 % change on previous year -5.97 % change on previous year 26.93 % change on previous year 9
1970s 30.28 % change on previous year -55.88 % change on previous year 115.79 % change on previous year 10
1980s -0.9345 % change on previous year -30.69 % change on previous year 36.12 % change on previous year 10
1990s 7.81 % change on previous year -3.28 % change on previous year 24.69 % change on previous year 10
2000s 7.66 % change on previous year -15.93 % change on previous year 29.95 % change on previous year 10
2010s 3.42 % change on previous year -9.25 % change on previous year 25.42 % change on previous year 10
2020s 0.1483 % change on previous year -10.49 % change on previous year 17.65 % change on previous year 5

Countries ranked near Chile

  1. 141 Mauritania -6.17 % change on previous year compare
  2. 142 Papua New Guinea -6.23 % change on previous year compare
  3. 143 El Salvador -6.5 % change on previous year compare
  4. 145 Zambia -7.29 % change on previous year compare
  5. 146 Tajikistan -13.57 % change on previous year compare
  6. 147 Argentina -14.43 % change on previous year compare

See the full ranking of 208 places →

More public sector data for Chile

All data for Chile →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in Chile?
Military expenditure (current usd), annual growth rate in Chile was -6.67 % change on previous year in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in Chile?
The highest recorded value was 115.79 % change on previous year in 1970.
What is the lowest military expenditure (current usd), annual growth rate recorded in Chile?
The lowest recorded value was -55.88 % change on previous year in 1975.
How does Chile rank for military expenditure (current usd), annual growth rate?
Chile ranks 144th out of 164 countries with data for 2024.
Is military expenditure (current usd), annual growth rate rising or falling in Chile?
Over the last ten years it is up 13.7%. The long-run trend across the full record is volatile.
Where does this Chile data come from?
The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), annual growth rate in Chile. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/chile/

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How this figure is calculated

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Military expenditure (current USD), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 10,048 data points, 1961–2024
Last refreshed

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.