Military expenditure (current USD), gaps filled in Ecuador

Ecuador: Military expenditure (current USD), gaps filled was 2.70 billion current USD in 2024. ◆ Volatile

Latest (2024)
2.70 billion current USD
Change on year
up 0.2%
World rank
58th
of 167 countries
All-time high
2.79 billion current USD
in 2014
All-time low
17.10 million current USD
in 1963
Years of data
65
1960–2024

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

01.0B2.0B3.0B196019922024

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

Analysis

In 2024, military expenditure (current usd), gaps filled in Ecuador stood at 2.70 billion current USD.

That represents a change of up 0.2% on the previous year and down 3.2% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in Ecuador peaked at 2.79 billion current USD in 2014 and was at its lowest, 17.10 million current USD, in 1963.

Ecuador ranks 58th 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 Ecuador, year by year

Annual values for Military expenditure (current USD), gaps filled in Ecuador, 1960 to 2024.
Year current USD Change
1960 22.40 million current USD —
1961 18.70 million current USD -16.5%
1962 18.30 million current USD -2.1%
1963 17.10 million current USD -6.6%
1964 20.60 million current USD +20.5%
1965 23.80 million current USD +15.5%
1966 22.90 million current USD -3.8%
1967 25.30 million current USD +10.5%
1968 29.30 million current USD +15.8%
1969 39.70 million current USD +35.5%
1970 30.70 million current USD -22.7%
1971 29.70 million current USD -3.3%
1972 37.30 million current USD +25.6%
1973 49.20 million current USD +31.9%
1974 74.80 million current USD +52.0%
1975 102.00 million current USD +36.4%
1976 117.00 million current USD +14.7%
1977 205.00 million current USD +75.2%
1978 164.00 million current USD -20.0%
1979 186.00 million current USD +13.4%
1980 209.00 million current USD +12.4%
1981 234.00 million current USD +12.0%
1982 229.00 million current USD -2.1%
1983 200.00 million current USD -12.7%
1984 193.00 million current USD -3.5%
1985 284.00 million current USD +47.2%
1986 207.00 million current USD -27.1%
1987 207.00 million current USD +0.0%
1988 198.00 million current USD -4.3%
1989 189.00 million current USD -4.5%
1990 202.00 million current USD +6.9%
1991 209.00 million current USD +3.5%
1992 211.00 million current USD +1.0%
1993 276.00 million current USD +30.8%
1994 291.00 million current USD +5.4%
1995 475.00 million current USD +63.2%
1996 419.00 million current USD -11.8%
1997 499.00 million current USD +19.1%
1998 549.00 million current USD +10.0%
1999 296.00 million current USD -46.1%
2000 266.00 million current USD -10.1%
2001 384.00 million current USD +44.4%
2002 505.00 million current USD +31.5%
2003 739.00 million current USD +46.3%
2004 710.00 million current USD -3.9%
2005 954.00 million current USD +34.4%
2006 950.00 million current USD -0.4%
2007 1.31 billion current USD +37.9%
2008 1.65 billion current USD +25.6%
2009 1.95 billion current USD +18.4%
2010 2.09 billion current USD +7.4%
2011 2.45 billion current USD +17.2%
2012 2.59 billion current USD +5.5%
2013 2.74 billion current USD +5.6%
2014 2.79 billion current USD +1.9%
2015 2.60 billion current USD -6.8%
2016 2.51 billion current USD -3.2%
2017 2.46 billion current USD -2.0%
2018 2.55 billion current USD +3.5%
2019 2.35 billion current USD -8.0%
2020 2.36 billion current USD +0.4%
2021 2.41 billion current USD +2.2%
2022 2.59 billion current USD +7.4%
2023 2.69 billion current USD +4.1%
2024 2.70 billion current USD +0.2%

Ecuador compared with similar countries

  • Ecuador's 2.70 billion current USD is above the median for upper middle income countries, which is 1.38 billion current USD, 2.0× the median. (48 countries reporting)
  • Ecuador's 2.70 billion current USD is above the median for Latin America & Caribbean, which is 420.19 million current USD, 6.4× the median. (24 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 23.81 million current USD 17.10 million current USD 39.70 million current USD 10
1970s 99.57 million current USD 29.70 million current USD 205.00 million current USD 10
1980s 215.00 million current USD 189.00 million current USD 284.00 million current USD 10
1990s 342.70 million current USD 202.00 million current USD 549.00 million current USD 10
2000s 941.30 million current USD 266.00 million current USD 1.95 billion current USD 10
2010s 2.51 billion current USD 2.09 billion current USD 2.79 billion current USD 10
2020s 2.55 billion current USD 2.36 billion current USD 2.70 billion current USD 5

Countries ranked near Ecuador

  1. 55 New Zealand 3.00 billion current USD compare
  2. 56 Slovakia 2.85 billion current USD compare
  3. 57 South Africa 2.84 billion current USD compare
  4. 59 Lithuania 2.63 billion current USD compare
  5. 60 Peru 2.57 billion current USD compare
  6. 61 Jordan 2.56 billion current USD compare

See the full ranking of 211 places →

More public sector data for Ecuador

All data for Ecuador →

Frequently asked questions

What is military expenditure (current usd), gaps filled in Ecuador?
Military expenditure (current usd), gaps filled in Ecuador was 2.70 billion current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in Ecuador?
The highest recorded value was 2.79 billion current USD in 2014.
What is the lowest military expenditure (current usd), gaps filled recorded in Ecuador?
The lowest recorded value was 17.10 million current USD in 1963.
How does Ecuador rank for military expenditure (current usd), gaps filled?
Ecuador ranks 58th out of 167 countries with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in Ecuador?
Over the last ten years it is down 3.2%. The long-run trend across the full record is volatile.
Where does this Ecuador 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 Ecuador. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/ecuador/

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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.