Military expenditure (current USD), per capita in Bolivia

Bolivia: Military expenditure (current USD), per capita was 52.78 current USD per person in 2024. ◆ Volatile

Latest (2024)
52.78 current USD per person
Change on year
up 9.7%
World rank
105th
of 167 countries
All-time high
57.69 current USD per person
in 2014
All-time low
1.31 current USD per person
in 1961
Years of data
60
1961–2024

Military expenditure (current USD), per capita in Bolivia, 1961–2024

0204060196119922024

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

Analysis

Bolivia recorded 52.78 current USD per person for military expenditure (current usd), per capita in 2024.

Compared with earlier readings it is up 9.7% on the previous year and down 8.5% over ten years.

Over the whole period, military expenditure (current usd), per capita in Bolivia peaked at 57.69 current USD per person in 2014 and was at its lowest, 1.31 current USD per person, in 1961.

That places Bolivia 105th 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), per capita in Bolivia, year by year

Annual values for Military expenditure (current USD), per capita in Bolivia, 1961 to 2024.
Year current USD per person Change
1961 1.31 current USD per person —
1962 1.35 current USD per person +3.1%
1963 1.63 current USD per person +20.7%
1968 2.64 current USD per person +62.3%
1969 2.73 current USD per person +3.5%
1970 3.66 current USD per person +33.9%
1971 3.38 current USD per person -7.6%
1972 4.31 current USD per person +27.6%
1973 4.3 current USD per person -0.2%
1974 7.92 current USD per person +84.0%
1975 11.35 current USD per person +43.3%
1976 12.7 current USD per person +11.9%
1977 13.62 current USD per person +7.2%
1978 17.75 current USD per person +30.3%
1979 21.26 current USD per person +19.8%
1980 27.61 current USD per person +29.8%
1981 40.54 current USD per person +46.8%
1982 20.56 current USD per person -49.3%
1983 14.63 current USD per person -28.8%
1984 23.03 current USD per person +57.4%
1985 20.45 current USD per person -11.2%
1986 14.17 current USD per person -30.7%
1987 15.45 current USD per person +9.0%
1988 13.59 current USD per person -12.0%
1989 14.57 current USD per person +7.1%
1990 19.22 current USD per person +32.0%
1991 19.73 current USD per person +2.6%
1992 19.04 current USD per person -3.5%
1993 14.5 current USD per person -23.8%
1994 17.42 current USD per person +20.1%
1995 17.88 current USD per person +2.6%
1996 18.32 current USD per person +2.5%
1997 22.06 current USD per person +20.4%
1998 27.51 current USD per person +24.7%
1999 20.89 current USD per person -24.0%
2000 20.13 current USD per person -3.6%
2001 21.58 current USD per person +7.2%
2002 17.68 current USD per person -18.1%
2003 19.16 current USD per person +8.4%
2004 18.08 current USD per person -5.7%
2005 17.52 current USD per person -3.1%
2006 17.63 current USD per person +0.7%
2007 20.17 current USD per person +14.4%
2008 37.14 current USD per person +84.1%
2009 30.49 current USD per person -17.9%
2010 53.74 current USD per person +76.3%
2011 39 current USD per person -27.4%
2012 47.54 current USD per person +21.9%
2013 52.84 current USD per person +11.2%
2014 57.69 current USD per person +9.2%
2015 52.71 current USD per person -8.6%
2016 46.45 current USD per person -11.9%
2017 50.61 current USD per person +9.0%
2018 52.38 current USD per person +3.5%
2019 50.82 current USD per person -3.0%
2020 43.2 current USD per person -15.0%
2021 44.92 current USD per person +4.0%
2022 35.55 current USD per person -20.9%
2023 48.09 current USD per person +35.3%
2024 52.78 current USD per person +9.7%

Bolivia compared with similar countries

  • Bolivia's 52.78 current USD per person is above the median for lower middle income countries, which is 23.8 current USD per person, 2.2× the median. (40 countries reporting)
  • Bolivia's 52.78 current USD per person is below the median for Latin America & Caribbean, which is 73.61 current USD per person, 72% of the median. (24 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.93 current USD per person 1.31 current USD per person 2.73 current USD per person 5
1970s 10.02 current USD per person 3.38 current USD per person 21.26 current USD per person 10
1980s 20.46 current USD per person 13.59 current USD per person 40.54 current USD per person 10
1990s 19.66 current USD per person 14.5 current USD per person 27.51 current USD per person 10
2000s 21.96 current USD per person 17.52 current USD per person 37.14 current USD per person 10
2010s 50.38 current USD per person 39 current USD per person 57.69 current USD per person 10
2020s 44.91 current USD per person 35.55 current USD per person 52.78 current USD per person 5

Countries ranked near Bolivia

  1. 102 Yemen 56.73 current USD per person compare
  2. 103 Honduras 53.69 current USD per person compare
  3. 104 Philippines 52.81 current USD per person compare
  4. 106 Mongolia 51.31 current USD per person compare
  5. 107 Mauritania 50.31 current USD per person compare
  6. 108 Moldova 46.09 current USD per person 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), per capita in Bolivia?
Military expenditure (current usd), per capita in Bolivia was 52.78 current USD per person in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), per capita recorded in Bolivia?
The highest recorded value was 57.69 current USD per person in 2014.
What is the lowest military expenditure (current usd), per capita recorded in Bolivia?
The lowest recorded value was 1.31 current USD per person in 1961.
How does Bolivia rank for military expenditure (current usd), per capita?
Bolivia ranks 105th out of 167 countries with data for 2024.
Is military expenditure (current usd), per capita rising or falling in Bolivia?
Over the last ten years it is down 8.5%. 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), per capita. Statizoid updates them automatically from the source API.

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

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<a href="https://public-sector.statizoid.com/stat/military-expenditure-current-usd-per-capita/bolivia/">Military expenditure (current USD), per capita in Bolivia</a> — Statizoid

How this figure is calculated

Military expenditure (current USD) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military expenditure (current USD) ÷ Population, total

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), per capita
Unit
current USD per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,601 data points, 1960–2024
Last refreshed

Military expenditure (current USD) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.