Military expenditure (current USD), per unit of GDP in Bolivia, Plurinational State of
Bolivia, Plurinational State of: Military expenditure (current USD), per unit of GDP was 0.0119 current USD per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.0119 current USD per US$ of GDP
Change on year
up 6.1%
World rank
107th
of 166 countries
All-time high
0.0405 current USD per US$ of GDP
in 1981
All-time low
0.0084 current USD per US$ of GDP
in 2022
Years of data
60
1961–2024
Military expenditure (current USD), per unit of GDP in Bolivia, Plurinational State of, 1961–2024
Source: Statizoid (derived). Measured in current USD per US$ of GDP.
Analysis
In 2024, military expenditure (current usd), per unit of gdp in Bolivia, Plurinational State of stood at 0.0119 current USD per US$ of GDP.
Compared with earlier readings it is up 6.1% on the previous year and down 37.1% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in Bolivia, Plurinational State of peaked at 0.0405 current USD per US$ of GDP in 1981 and was at its lowest, 0.0084 current USD per US$ of GDP, in 2022.
Bolivia, Plurinational State of ranks 107th of 166 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 60 years of available data.
Military expenditure (current USD), per unit of GDP in Bolivia, Plurinational State of, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1961 | 0.012 current USD per US$ of GDP | — |
| 1962 | 0.0116 current USD per US$ of GDP | -3.7% |
| 1963 | 0.0133 current USD per US$ of GDP | +14.5% |
| 1968 | 0.0135 current USD per US$ of GDP | +1.8% |
| 1969 | 0.0132 current USD per US$ of GDP | -2.4% |
| 1970 | 0.0165 current USD per US$ of GDP | +25.2% |
| 1971 | 0.0145 current USD per US$ of GDP | -12.3% |
| 1972 | 0.0165 current USD per US$ of GDP | +13.7% |
| 1973 | 0.0167 current USD per US$ of GDP | +1.6% |
| 1974 | 0.0189 current USD per US$ of GDP | +13.2% |
| 1975 | 0.0242 current USD per US$ of GDP | +28.1% |
| 1976 | 0.0244 current USD per US$ of GDP | +0.8% |
| 1977 | 0.0227 current USD per US$ of GDP | -7.1% |
| 1978 | 0.026 current USD per US$ of GDP | +14.5% |
| 1979 | 0.0271 current USD per US$ of GDP | +4.2% |
| 1980 | 0.035 current USD per US$ of GDP | +29.4% |
| 1981 | 0.0405 current USD per US$ of GDP | +15.6% |
| 1982 | 0.0221 current USD per US$ of GDP | -45.4% |
| 1983 | 0.0166 current USD per US$ of GDP | -25.0% |
| 1984 | 0.0235 current USD per US$ of GDP | +41.3% |
| 1985 | 0.0244 current USD per US$ of GDP | +4.0% |
| 1986 | 0.0235 current USD per US$ of GDP | -3.9% |
| 1987 | 0.0238 current USD per US$ of GDP | +1.4% |
| 1988 | 0.0202 current USD per US$ of GDP | -15.0% |
| 1989 | 0.0216 current USD per US$ of GDP | +6.7% |
| 1990 | 0.0282 current USD per US$ of GDP | +30.6% |
| 1991 | 0.0269 current USD per US$ of GDP | -4.5% |
| 1992 | 0.0251 current USD per US$ of GDP | -6.8% |
| 1993 | 0.0192 current USD per US$ of GDP | -23.5% |
| 1994 | 0.0225 current USD per US$ of GDP | +17.4% |
| 1995 | 0.021 current USD per US$ of GDP | -6.8% |
| 1996 | 0.0199 current USD per US$ of GDP | -5.2% |
| 1997 | 0.0227 current USD per US$ of GDP | +14.4% |
| 1998 | 0.0269 current USD per US$ of GDP | +18.4% |
| 1999 | 0.0213 current USD per US$ of GDP | -20.7% |
| 2000 | 0.0206 current USD per US$ of GDP | -3.3% |
| 2001 | 0.0232 current USD per US$ of GDP | +12.5% |
| 2002 | 0.0199 current USD per US$ of GDP | -14.2% |
| 2003 | 0.0215 current USD per US$ of GDP | +7.8% |
| 2004 | 0.019 current USD per US$ of GDP | -11.6% |
| 2005 | 0.0172 current USD per US$ of GDP | -9.5% |
| 2006 | 0.0147 current USD per US$ of GDP | -14.6% |
| 2007 | 0.0149 current USD per US$ of GDP | +1.6% |
| 2008 | 0.0219 current USD per US$ of GDP | +47.3% |
| 2009 | 0.0176 current USD per US$ of GDP | -19.7% |
| 2010 | 0.0279 current USD per US$ of GDP | +58.1% |
| 2011 | 0.0168 current USD per US$ of GDP | -39.5% |
| 2012 | 0.0185 current USD per US$ of GDP | +9.6% |
| 2013 | 0.0184 current USD per US$ of GDP | -0.2% |
| 2014 | 0.019 current USD per US$ of GDP | +3.0% |
| 2015 | 0.0176 current USD per US$ of GDP | -7.2% |
| 2016 | 0.0153 current USD per US$ of GDP | -13.0% |
| 2017 | 0.0125 current USD per US$ of GDP | -18.3% |
| 2018 | 0.0125 current USD per US$ of GDP | -0.4% |
| 2019 | 0.0121 current USD per US$ of GDP | -2.9% |
| 2020 | 0.0121 current USD per US$ of GDP | -0.2% |
| 2021 | 0.0112 current USD per US$ of GDP | -7.2% |
| 2022 | 0.0084 current USD per US$ of GDP | -24.8% |
| 2023 | 0.0112 current USD per US$ of GDP | +33.5% |
| 2024 | 0.0119 current USD per US$ of GDP | +6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0127 current USD per US$ of GDP | 0.0116 current USD per US$ of GDP | 0.0135 current USD per US$ of GDP | 5 |
| 1970s | 0.0208 current USD per US$ of GDP | 0.0145 current USD per US$ of GDP | 0.0271 current USD per US$ of GDP | 10 |
| 1980s | 0.0251 current USD per US$ of GDP | 0.0166 current USD per US$ of GDP | 0.0405 current USD per US$ of GDP | 10 |
| 1990s | 0.0234 current USD per US$ of GDP | 0.0192 current USD per US$ of GDP | 0.0282 current USD per US$ of GDP | 10 |
| 2000s | 0.019 current USD per US$ of GDP | 0.0147 current USD per US$ of GDP | 0.0232 current USD per US$ of GDP | 10 |
| 2010s | 0.017 current USD per US$ of GDP | 0.0121 current USD per US$ of GDP | 0.0279 current USD per US$ of GDP | 10 |
| 2020s | 0.011 current USD per US$ of GDP | 0.0084 current USD per US$ of GDP | 0.0121 current USD per US$ of GDP | 5 |
Countries ranked near Bolivia, Plurinational State of
- 104 El Salvador 0.0122 current USD per US$ of GDP compare
- 105 Guinea-Bissau 0.0122 current USD per US$ of GDP compare
- 106 Seychelles 0.0121 current USD per US$ of GDP compare
- 108 Jamaica 0.0119 current USD per US$ of GDP compare
- 109 Congo, Democratic Republic of the 0.0119 current USD per US$ of GDP compare
- 110 Rwanda 0.0116 current USD per US$ of GDP compare
More public sector data for Bolivia, Plurinational State of
- Arms imports 0 SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -23.53 % change on previous year (2020)
- Arms imports (SIPRI trend indicator values), gaps filled 0 SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 52.78 current USD per person (2024)
- Military expenditure (current USD), annual growth rate 11.26 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 655.13 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 24 SIPRI trend indicator values per square kilometre (2020)
- Military expenditure (current USD), per square kilometre 543.54 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), per unit of gdp in Bolivia, Plurinational State of?
- Military expenditure (current usd), per unit of gdp in Bolivia, Plurinational State of was 0.0119 current USD per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), per unit of gdp recorded in Bolivia, Plurinational State of?
- The highest recorded value was 0.0405 current USD per US$ of GDP in 1981.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in Bolivia, Plurinational State of?
- The lowest recorded value was 0.0084 current USD per US$ of GDP in 2022.
- How does Bolivia, Plurinational State of rank for military expenditure (current usd), per unit of gdp?
- Bolivia, Plurinational State of ranks 107th out of 166 countries with data for 2024.
- Is military expenditure (current usd), per unit of gdp rising or falling in Bolivia, Plurinational State of?
- Over the last ten years it is down 37.1%. The long-run trend across the full record is falling.
- Where does this Bolivia, Plurinational State of data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military expenditure (current USD) ÷ GDP (current US$)
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.