Military expenditure (current USD), per capita in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Military expenditure (current USD), per capita was 106.17 current USD per person in 2024. ◆ Volatile
Latest (2024)
106.17 current USD per person
Change on year
up 11.2%
Rank
22nd
of 41 groups
All-time high
125.67 current USD per person
in 2013
All-time low
3.83 current USD per person
in 1961
Years of data
65
1960–2024
Military expenditure (current USD), per capita in Latin America & Caribbean (excluding high income), 1960–2024
Source: Statizoid (derived). Measured in current USD per person.
Analysis
Latin America & Caribbean (excluding high income) recorded 106.17 current USD per person for military expenditure (current usd), per capita in 2024.
The figure is up 11.2% on the previous year and down 7.8% over ten years.
Over the whole period, military expenditure (current usd), per capita in Latin America & Caribbean (excluding high income) peaked at 125.67 current USD per person in 2013 and was at its lowest, 3.83 current USD per person, in 1961.
Latin America & Caribbean (excluding high income) ranks 22nd of 41 groups 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), per capita in Latin America & Caribbean (excluding high income), year by year
| Year | current USD per person | Change |
|---|---|---|
| 1960 | 4.55 current USD per person | — |
| 1961 | 3.83 current USD per person | -15.9% |
| 1962 | 6.15 current USD per person | +60.7% |
| 1963 | 6.42 current USD per person | +4.5% |
| 1964 | 5.91 current USD per person | -8.1% |
| 1965 | 7.16 current USD per person | +21.3% |
| 1966 | 7.53 current USD per person | +5.1% |
| 1967 | 7.93 current USD per person | +5.3% |
| 1968 | 7.6 current USD per person | -4.2% |
| 1969 | 8.2 current USD per person | +7.9% |
| 1970 | 9.34 current USD per person | +13.9% |
| 1971 | 10.36 current USD per person | +11.0% |
| 1972 | 11.7 current USD per person | +12.9% |
| 1973 | 15.04 current USD per person | +28.5% |
| 1974 | 18.39 current USD per person | +22.3% |
| 1975 | 18.33 current USD per person | -0.3% |
| 1976 | 23.65 current USD per person | +29.0% |
| 1977 | 24.57 current USD per person | +3.9% |
| 1978 | 27.5 current USD per person | +11.9% |
| 1979 | 34.21 current USD per person | +24.4% |
| 1980 | 38.65 current USD per person | +13.0% |
| 1981 | 39.36 current USD per person | +1.8% |
| 1982 | 30.6 current USD per person | -22.3% |
| 1983 | 29.56 current USD per person | -3.4% |
| 1984 | 26.76 current USD per person | -9.5% |
| 1985 | 25.14 current USD per person | -6.0% |
| 1986 | 25.15 current USD per person | +0.0% |
| 1987 | 29.58 current USD per person | +17.6% |
| 1988 | 33.42 current USD per person | +13.0% |
| 1989 | 37.76 current USD per person | +13.0% |
| 1990 | 41.13 current USD per person | +8.9% |
| 1991 | 34.78 current USD per person | -15.4% |
| 1992 | 32.85 current USD per person | -5.6% |
| 1993 | 39.97 current USD per person | +21.7% |
| 1994 | 49.82 current USD per person | +24.7% |
| 1995 | 58.1 current USD per person | +16.6% |
| 1996 | 58.94 current USD per person | +1.4% |
| 1997 | 56.95 current USD per person | -3.4% |
| 1998 | 57.95 current USD per person | +1.8% |
| 1999 | 47.27 current USD per person | -18.4% |
| 2000 | 50.4 current USD per person | +6.6% |
| 2001 | 50.33 current USD per person | -0.1% |
| 2002 | 41.29 current USD per person | -18.0% |
| 2003 | 38.99 current USD per person | -5.6% |
| 2004 | 42.97 current USD per person | +10.2% |
| 2005 | 55.96 current USD per person | +30.2% |
| 2006 | 63.68 current USD per person | +13.8% |
| 2007 | 78.72 current USD per person | +23.6% |
| 2008 | 94.6 current USD per person | +20.2% |
| 2009 | 94.5 current USD per person | -0.1% |
| 2010 | 113.9 current USD per person | +20.5% |
| 2011 | 120.3 current USD per person | +5.6% |
| 2012 | 121.91 current USD per person | +1.3% |
| 2013 | 125.67 current USD per person | +3.1% |
| 2014 | 115.19 current USD per person | -8.3% |
| 2015 | 91.99 current USD per person | -20.1% |
| 2016 | 86.18 current USD per person | -6.3% |
| 2017 | 100.92 current USD per person | +17.1% |
| 2018 | 95.26 current USD per person | -5.6% |
| 2019 | 89.63 current USD per person | -5.9% |
| 2020 | 78.96 current USD per person | -11.9% |
| 2021 | 80.59 current USD per person | +2.1% |
| 2022 | 86.78 current USD per person | +7.7% |
| 2023 | 95.44 current USD per person | +10.0% |
| 2024 | 106.17 current USD per person | +11.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.53 current USD per person | 3.83 current USD per person | 8.2 current USD per person | 10 |
| 1970s | 19.31 current USD per person | 9.34 current USD per person | 34.21 current USD per person | 10 |
| 1980s | 31.6 current USD per person | 25.14 current USD per person | 39.36 current USD per person | 10 |
| 1990s | 47.78 current USD per person | 32.85 current USD per person | 58.94 current USD per person | 10 |
| 2000s | 61.14 current USD per person | 38.99 current USD per person | 94.6 current USD per person | 10 |
| 2010s | 106.09 current USD per person | 86.18 current USD per person | 125.67 current USD per person | 10 |
| 2020s | 89.59 current USD per person | 78.96 current USD per person | 106.17 current USD per person | 5 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 19 Germany 1,059 current USD per person compare
- 20 Estonia 1,051 current USD per person compare
- 21 Poland 1,039 current USD per person compare
- 22 Russian Federation 1,037 current USD per person compare
- 23 France 943.45 current USD per person compare
- 24 Republic of Korea 919.23 current USD per person compare
- 25 Lithuania 909.7 current USD per person compare
More public sector data for Latin America & Caribbean (excluding high income)
- Arms imports 611.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.9814 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 64.69 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 611.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per unit of GDP 0.0105 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.04 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 66.10 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 19.76 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 3,143 current USD per square kilometre (2023)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is military expenditure (current usd), per capita in Latin America & Caribbean (excluding high income)?
- Military expenditure (current usd), per capita in Latin America & Caribbean (excluding high income) was 106.17 current USD per person in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), per capita recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 125.67 current USD per person in 2013.
- What is the lowest military expenditure (current usd), per capita recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 3.83 current USD per person in 1961.
- How does Latin America & Caribbean (excluding high income) rank for military expenditure (current usd), per capita?
- Latin America & Caribbean (excluding high income) ranks 22nd out of 41 groups with data for 2024.
- Is military expenditure (current usd), per capita rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is down 7.8%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean (excluding high income) 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.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
- Population, total World Population Prospects, United Nations (UN)
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
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.