Military expenditure (current USD), gaps filled in Bolivia

Bolivia: Military expenditure (current USD), gaps filled was 655.13 million current USD in 2024. ◆ Volatile

Latest (2024)
655.13 million current USD
Change on year
up 11.3%
World rank
96th
of 167 countries
All-time high
655.13 million current USD
in 2024
All-time low
4.94 million current USD
in 1961
Years of data
60
1961–2024

Military expenditure (current USD), gaps filled in Bolivia, 1961–2024

0200.0M400.0M600.0M196119922024

Source: Statizoid (derived). Measured in current USD.

Analysis

In 2024, military expenditure (current usd), gaps filled in Bolivia stood at 655.13 million current USD. That is the highest value across all 60 years on record.

The figure is up 11.3% on the previous year and up 4.7% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in Bolivia peaked at 655.13 million current USD in 2024 and was at its lowest, 4.94 million current USD, in 1961.

Bolivia ranks 96th of 167 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 USD), gaps filled in Bolivia, year by year

Annual values for Military expenditure (current USD), gaps filled in Bolivia, 1961 to 2024.
Year current USD Change
1961 4.94 million current USD —
1962 5.20 million current USD +5.3%
1963 6.40 million current USD +23.3%
1968 11.58 million current USD +80.9%
1969 12.25 million current USD +5.8%
1970 16.79 million current USD +37.0%
1971 15.86 million current USD -5.5%
1972 20.70 million current USD +30.5%
1973 21.13 million current USD +2.1%
1974 39.77 million current USD +88.2%
1975 58.30 million current USD +46.6%
1976 66.78 million current USD +14.5%
1977 73.25 million current USD +9.7%
1978 97.67 million current USD +33.3%
1979 119.74 million current USD +22.6%
1980 159.01 million current USD +32.8%
1981 238.72 million current USD +50.1%
1982 123.73 million current USD -48.2%
1983 89.97 million current USD -27.3%
1984 144.68 million current USD +60.8%
1985 131.21 million current USD -9.3%
1986 92.87 million current USD -29.2%
1987 103.36 million current USD +11.3%
1988 92.92 million current USD -10.1%
1989 101.69 million current USD +9.4%
1990 137.06 million current USD +34.8%
1991 143.64 million current USD +4.8%
1992 141.44 million current USD -1.5%
1993 109.90 million current USD -22.3%
1994 134.59 million current USD +22.5%
1995 140.76 million current USD +4.6%
1996 146.96 million current USD +4.4%
1997 180.20 million current USD +22.6%
1998 228.68 million current USD +26.9%
1999 176.74 million current USD -22.7%
2000 173.25 million current USD -2.0%
2001 188.92 million current USD +9.0%
2002 157.35 million current USD -16.7%
2003 173.41 million current USD +10.2%
2004 166.38 million current USD -4.1%
2005 163.96 million current USD -1.5%
2006 167.91 million current USD +2.4%
2007 195.36 million current USD +16.4%
2008 365.83 million current USD +87.3%
2009 305.42 million current USD -16.5%
2010 547.25 million current USD +79.2%
2011 403.57 million current USD -26.3%
2012 499.87 million current USD +23.9%
2013 564.51 million current USD +12.9%
2014 625.91 million current USD +10.9%
2015 580.62 million current USD -7.2%
2016 519.31 million current USD -10.6%
2017 574.13 million current USD +10.6%
2018 602.86 million current USD +5.0%
2019 593.16 million current USD -1.6%
2020 510.50 million current USD -13.9%
2021 536.25 million current USD +5.0%
2022 429.37 million current USD -19.9%
2023 588.82 million current USD +37.1%
2024 655.13 million current USD +11.3%

Bolivia compared with similar countries

  • Bolivia's 655.13 million current USD is above the median for lower middle income countries, which is 493.99 million current USD, 1.3× the median. (40 countries reporting)
  • Bolivia's 655.13 million current USD is above the median for Latin America & Caribbean, which is 420.19 million current USD, 1.6× the median. (24 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 8.07 million current USD 4.94 million current USD 12.25 million current USD 5
1970s 53.00 million current USD 15.86 million current USD 119.74 million current USD 10
1980s 127.82 million current USD 89.97 million current USD 238.72 million current USD 10
1990s 154.00 million current USD 109.90 million current USD 228.68 million current USD 10
2000s 205.78 million current USD 157.35 million current USD 365.83 million current USD 10
2010s 551.12 million current USD 403.57 million current USD 625.91 million current USD 10
2020s 544.01 million current USD 429.37 million current USD 655.13 million current USD 5

Countries ranked near Bolivia

  1. 93 Luxembourg 871.64 million current USD compare
  2. 94 Cambodia 720.54 million current USD compare
  3. 95 Cote d'Ivoire 658.35 million current USD compare
  4. 97 Lebanon 635.47 million current USD compare
  5. 98 Georgia 615.86 million current USD compare
  6. 99 Cyprus 598.19 million current USD compare

See the full ranking of 211 places →

More public sector data for Bolivia

All data for Bolivia →

Frequently asked questions

What is military expenditure (current usd), gaps filled in Bolivia?
Military expenditure (current usd), gaps filled in Bolivia was 655.13 million current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in Bolivia?
The highest recorded value was 655.13 million current USD in 2024.
What is the lowest military expenditure (current usd), gaps filled recorded in Bolivia?
The lowest recorded value was 4.94 million current USD in 1961.
How does Bolivia rank for military expenditure (current usd), gaps filled?
Bolivia ranks 96th out of 167 countries with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in Bolivia?
Over the last ten years it is up 4.7%. The long-run trend across the full record is volatile.
Where does this Bolivia data come from?
The figures come from Statizoid (derived), published as part of Military expenditure (current USD), gaps filled. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), gaps filled in Bolivia. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/bolivia/

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How this figure is calculated

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

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), gaps filled
Unit
current USD
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,708 data points, 1960–2024
Last refreshed

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.