Military expenditure (current USD), gaps filled in Chile

Chile: Military expenditure (current USD), gaps filled was 5.11 billion current USD in 2024. ◆ Volatile

Latest (2024)
5.11 billion current USD
Change on year
down 6.7%
World rank
47th
of 167 countries
All-time high
5.69 billion current USD
in 2011
All-time low
126.79 million current USD
in 1960
Years of data
65
1960–2024

Military expenditure (current USD), gaps filled in Chile, 1960–2024

02.0B4.0B6.0B196019922024

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

Analysis

In 2024, military expenditure (current usd), gaps filled in Chile stood at 5.11 billion current USD.

That represents a change of down 6.7% on the previous year and up 0.1% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in Chile peaked at 5.69 billion current USD in 2011 and was at its lowest, 126.79 million current USD, in 1960.

That places Chile 47th out of 167 countries with data for 2024, putting it 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 Chile, year by year

Annual values for Military expenditure (current USD), gaps filled in Chile, 1960 to 2024.
Year current USD Change
1960 126.79 million current USD —
1961 160.93 million current USD +26.9%
1962 162.63 million current USD +1.1%
1963 152.92 million current USD -6.0%
1964 149.95 million current USD -1.9%
1965 168.22 million current USD +12.2%
1966 186.70 million current USD +11.0%
1967 182.71 million current USD -2.1%
1968 173.78 million current USD -4.9%
1969 179.98 million current USD +3.6%
1970 388.38 million current USD +115.8%
1971 651.59 million current USD +67.8%
1972 745.66 million current USD +14.4%
1973 1.01 billion current USD +34.9%
1974 1.10 billion current USD +9.7%
1975 486.72 million current USD -55.9%
1976 599.81 million current USD +23.2%
1977 924.04 million current USD +54.1%
1978 1.04 billion current USD +12.1%
1979 1.31 billion current USD +26.7%
1980 1.79 billion current USD +36.1%
1981 2.29 billion current USD +28.3%
1982 2.16 billion current USD -5.7%
1983 1.50 billion current USD -30.7%
1984 1.46 billion current USD -2.4%
1985 1.14 billion current USD -22.2%
1986 1.11 billion current USD -2.0%
1987 1.17 billion current USD +4.7%
1988 999.95 million current USD -14.3%
1989 988.93 million current USD -1.1%
1990 1.03 billion current USD +4.3%
1991 1.04 billion current USD +0.6%
1992 1.17 billion current USD +12.6%
1993 1.29 billion current USD +10.5%
1994 1.47 billion current USD +13.6%
1995 1.83 billion current USD +24.7%
1996 1.90 billion current USD +4.2%
1997 2.12 billion current USD +11.4%
1998 2.11 billion current USD -0.4%
1999 2.04 billion current USD -3.3%
2000 2.10 billion current USD +3.0%
2001 1.89 billion current USD -10.0%
2002 1.78 billion current USD -6.0%
2003 2.07 billion current USD +16.2%
2004 2.69 billion current USD +29.9%
2005 3.10 billion current USD +15.4%
2006 3.86 billion current USD +24.4%
2007 4.02 billion current USD +4.3%
2008 4.64 billion current USD +15.4%
2009 3.90 billion current USD -15.9%
2010 4.89 billion current USD +25.4%
2011 5.69 billion current USD +16.2%
2012 5.47 billion current USD -3.9%
2013 5.53 billion current USD +1.2%
2014 5.10 billion current USD -7.7%
2015 4.63 billion current USD -9.3%
2016 4.80 billion current USD +3.6%
2017 5.37 billion current USD +12.0%
2018 5.55 billion current USD +3.3%
2019 5.18 billion current USD -6.6%
2020 5.25 billion current USD +1.2%
2021 5.19 billion current USD -1.0%
2022 4.65 billion current USD -10.5%
2023 5.47 billion current USD +17.7%
2024 5.11 billion current USD -6.7%

Chile compared with similar countries

  • Chile's 5.11 billion current USD is below the median for high income countries, which is 6.62 billion current USD, 77% of the median. (54 countries reporting)
  • Chile's 5.11 billion current USD is above the median for Latin America & Caribbean, which is 420.19 million current USD, 12.2× the median. (24 countries reporting)

Biggest year-on-year movements

Years where Military expenditure (current USD), gaps filled 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 +115.8% 179.98 million current USD 388.38 million current USD

Averages by decade

DecadeAverage LowestHighest Years
1960s 164.46 million current USD 126.79 million current USD 186.70 million current USD 10
1970s 825.44 million current USD 388.38 million current USD 1.31 billion current USD 10
1980s 1.46 billion current USD 988.93 million current USD 2.29 billion current USD 10
1990s 1.60 billion current USD 1.03 billion current USD 2.12 billion current USD 10
2000s 3.01 billion current USD 1.78 billion current USD 4.64 billion current USD 10
2010s 5.22 billion current USD 4.63 billion current USD 5.69 billion current USD 10
2020s 5.13 billion current USD 4.65 billion current USD 5.47 billion current USD 5

Countries ranked near Chile

  1. 44 Morocco 5.52 billion current USD compare
  2. 45 Vietnam 5.50 billion current USD compare
  3. 46 Austria 5.26 billion current USD compare
  4. 48 Myanmar 5.01 billion current USD compare
  5. 49 Hungary 4.73 billion current USD compare
  6. 50 Portugal 4.64 billion current USD compare

See the full ranking of 211 places →

More public sector data for Chile

All data for Chile →

Frequently asked questions

What is military expenditure (current usd), gaps filled in Chile?
Military expenditure (current usd), gaps filled in Chile was 5.11 billion current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in Chile?
The highest recorded value was 5.69 billion current USD in 2011.
What is the lowest military expenditure (current usd), gaps filled recorded in Chile?
The lowest recorded value was 126.79 million current USD in 1960.
How does Chile rank for military expenditure (current usd), gaps filled?
Chile ranks 47th out of 167 countries with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in Chile?
Over the last ten years it is up 0.1%. 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), gaps filled. Statizoid updates them automatically from the source API.

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

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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.