Military expenditure (current USD), annual growth rate in Peru
Peru: Military expenditure (current USD), annual growth rate was -22.47 % change on previous year in 2024. ◆ Volatile
Military expenditure (current USD), annual growth rate in Peru, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for military expenditure (current usd), annual growth rate in Peru is -22.47 % change on previous year, measured in 2024.
The figure is down 223.5% on the previous year and down 745.0% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Peru peaked at 82.19 % change on previous year in 1980 and was at its lowest, -53.61 % change on previous year, in 1968.
That places Peru 152nd out of 164 countries 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.9 % change on previous year | -53.61 % change on previous year | 68.22 % change on previous year | 9 |
| 1970s | 19.2 % change on previous year | -35.52 % change on previous year | 69.14 % change on previous year | 10 |
| 1980s | 12.52 % change on previous year | -49.38 % change on previous year | 82.19 % change on previous year | 10 |
| 1990s | 2.56 % change on previous year | -15.59 % change on previous year | 29.65 % change on previous year | 10 |
| 2000s | 7.03 % change on previous year | -8.08 % change on previous year | 30.48 % change on previous year | 10 |
| 2010s | 4.88 % change on previous year | -23.43 % change on previous year | 21.35 % change on previous year | 10 |
| 2020s | -0.5765 % change on previous year | -22.47 % change on previous year | 18.2 % change on previous year | 5 |
Countries ranked near Peru
- 149 Timor-Leste -15.81 % change on previous year compare
- 150 Seychelles -19.16 % change on previous year compare
- 151 Malawi -21.39 % change on previous year compare
- 153 Egypt -24.34 % change on previous year compare
- 154 Angola -26.11 % change on previous year compare
- 155 Togo -29.31 % change on previous year compare
More public sector data for Peru
- Arms imports 4.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.1169 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -81.82 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 4.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 74.97 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0088 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 2.57 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 17.19 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 2,585 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Peru?
- Military expenditure (current usd), annual growth rate in Peru was -22.47 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Peru?
- The highest recorded value was 82.19 % change on previous year in 1980.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Peru?
- The lowest recorded value was -53.61 % change on previous year in 1968.
- How does Peru rank for military expenditure (current usd), annual growth rate?
- Peru ranks 152nd out of 164 countries with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Peru?
- Over the last ten years it is down 745.0%. The long-run trend across the full record is volatile.
- Where does this Peru 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.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
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
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.