Military expenditure (current USD), per unit of GDP in Peru
Peru: Military expenditure (current USD), per unit of GDP was 0.0088 current USD per US$ of GDP in 2024. ◆ Volatile
Latest (2024)
0.0088 current USD per US$ of GDP
Change on year
down 28.8%
World rank
130th
of 166 countries
All-time high
0.0709 current USD per US$ of GDP
in 1977
All-time low
0.0088 current USD per US$ of GDP
in 2024
Years of data
65
1960–2024
Military expenditure (current USD), per unit of GDP in Peru, 1960–2024
Source: Statizoid (derived). Measured in current USD per US$ of GDP.
Analysis
Peru recorded 0.0088 current USD per US$ of GDP for military expenditure (current usd), per unit of gdp in 2024. That is the lowest value across all 65 years on record.
That represents a change of down 28.8% on the previous year and down 45.1% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in Peru peaked at 0.0709 current USD per US$ of GDP in 1977 and was at its lowest, 0.0088 current USD per US$ of GDP, in 2024.
Peru ranks 130th of 166 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current USD), per unit of GDP in Peru, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0191 current USD per US$ of GDP | — |
| 1961 | 0.0217 current USD per US$ of GDP | +14.0% |
| 1962 | 0.0202 current USD per US$ of GDP | -7.1% |
| 1963 | 0.027 current USD per US$ of GDP | +33.8% |
| 1964 | 0.0277 current USD per US$ of GDP | +2.3% |
| 1965 | 0.0257 current USD per US$ of GDP | -7.1% |
| 1966 | 0.0237 current USD per US$ of GDP | -7.7% |
| 1967 | 0.0394 current USD per US$ of GDP | +65.9% |
| 1968 | 0.0197 current USD per US$ of GDP | -49.9% |
| 1969 | 0.0201 current USD per US$ of GDP | +1.8% |
| 1970 | 0.0293 current USD per US$ of GDP | +46.1% |
| 1971 | 0.0298 current USD per US$ of GDP | +1.7% |
| 1972 | 0.0301 current USD per US$ of GDP | +0.9% |
| 1973 | 0.0331 current USD per US$ of GDP | +10.1% |
| 1974 | 0.0328 current USD per US$ of GDP | -1.0% |
| 1975 | 0.042 current USD per US$ of GDP | +27.9% |
| 1976 | 0.0483 current USD per US$ of GDP | +14.9% |
| 1977 | 0.0709 current USD per US$ of GDP | +47.0% |
| 1978 | 0.0532 current USD per US$ of GDP | -24.9% |
| 1979 | 0.0326 current USD per US$ of GDP | -38.7% |
| 1980 | 0.0523 current USD per US$ of GDP | +60.3% |
| 1981 | 0.0459 current USD per US$ of GDP | -12.2% |
| 1982 | 0.0582 current USD per US$ of GDP | +26.7% |
| 1983 | 0.0535 current USD per US$ of GDP | -8.2% |
| 1984 | 0.0379 current USD per US$ of GDP | -29.2% |
| 1985 | 0.0442 current USD per US$ of GDP | +16.8% |
| 1986 | 0.0397 current USD per US$ of GDP | -10.3% |
| 1987 | 0.0394 current USD per US$ of GDP | -0.6% |
| 1988 | 0.0477 current USD per US$ of GDP | +20.9% |
| 1989 | 0.0383 current USD per US$ of GDP | -19.6% |
| 1990 | 0.0294 current USD per US$ of GDP | -23.3% |
| 1991 | 0.0203 current USD per US$ of GDP | -30.9% |
| 1992 | 0.0252 current USD per US$ of GDP | +23.8% |
| 1993 | 0.0275 current USD per US$ of GDP | +9.2% |
| 1994 | 0.0248 current USD per US$ of GDP | -9.9% |
| 1995 | 0.0265 current USD per US$ of GDP | +7.1% |
| 1996 | 0.0253 current USD per US$ of GDP | -4.7% |
| 1997 | 0.0203 current USD per US$ of GDP | -19.8% |
| 1998 | 0.0206 current USD per US$ of GDP | +1.5% |
| 1999 | 0.0198 current USD per US$ of GDP | -3.9% |
| 2000 | 0.0176 current USD per US$ of GDP | -10.9% |
| 2001 | 0.0174 current USD per US$ of GDP | -1.4% |
| 2002 | 0.0153 current USD per US$ of GDP | -11.8% |
| 2003 | 0.0152 current USD per US$ of GDP | -1.0% |
| 2004 | 0.0138 current USD per US$ of GDP | -9.0% |
| 2005 | 0.0158 current USD per US$ of GDP | +14.5% |
| 2006 | 0.0146 current USD per US$ of GDP | -7.9% |
| 2007 | 0.013 current USD per US$ of GDP | -10.4% |
| 2008 | 0.0125 current USD per US$ of GDP | -4.4% |
| 2009 | 0.0153 current USD per US$ of GDP | +22.7% |
| 2010 | 0.0148 current USD per US$ of GDP | -3.5% |
| 2011 | 0.0137 current USD per US$ of GDP | -7.2% |
| 2012 | 0.0148 current USD per US$ of GDP | +8.2% |
| 2013 | 0.0164 current USD per US$ of GDP | +10.8% |
| 2014 | 0.016 current USD per US$ of GDP | -2.5% |
| 2015 | 0.0175 current USD per US$ of GDP | +8.9% |
| 2016 | 0.0132 current USD per US$ of GDP | -24.3% |
| 2017 | 0.0126 current USD per US$ of GDP | -4.4% |
| 2018 | 0.0119 current USD per US$ of GDP | -5.8% |
| 2019 | 0.0121 current USD per US$ of GDP | +1.8% |
| 2020 | 0.0132 current USD per US$ of GDP | +8.7% |
| 2021 | 0.0117 current USD per US$ of GDP | -10.9% |
| 2022 | 0.0114 current USD per US$ of GDP | -3.1% |
| 2023 | 0.0123 current USD per US$ of GDP | +8.6% |
| 2024 | 0.0088 current USD per US$ of GDP | -28.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0244 current USD per US$ of GDP | 0.0191 current USD per US$ of GDP | 0.0394 current USD per US$ of GDP | 10 |
| 1970s | 0.0402 current USD per US$ of GDP | 0.0293 current USD per US$ of GDP | 0.0709 current USD per US$ of GDP | 10 |
| 1980s | 0.0457 current USD per US$ of GDP | 0.0379 current USD per US$ of GDP | 0.0582 current USD per US$ of GDP | 10 |
| 1990s | 0.024 current USD per US$ of GDP | 0.0198 current USD per US$ of GDP | 0.0294 current USD per US$ of GDP | 10 |
| 2000s | 0.0151 current USD per US$ of GDP | 0.0125 current USD per US$ of GDP | 0.0176 current USD per US$ of GDP | 10 |
| 2010s | 0.0143 current USD per US$ of GDP | 0.0119 current USD per US$ of GDP | 0.0175 current USD per US$ of GDP | 10 |
| 2020s | 0.0115 current USD per US$ of GDP | 0.0088 current USD per US$ of GDP | 0.0132 current USD per US$ of GDP | 5 |
Countries ranked near Peru
- 127 Mexico 0.0091 current USD per US$ of GDP compare
- 128 Bangladesh 0.009 current USD per US$ of GDP compare
- 129 Angola 0.0089 current USD per US$ of GDP compare
- 131 Equatorial Guinea 0.0085 current USD per US$ of GDP compare
- 132 Guyana 0.0082 current USD per US$ of GDP compare
- 133 Indonesia 0.0079 current USD per US$ of GDP compare
More public sector data for Peru
- Arms imports 4.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.1169 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 -81.82 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 4.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 74.97 current USD per person (2024)
- Military expenditure (current USD), annual growth rate -22.47 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 2.57 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 17.19 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 2,585 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), per unit of gdp in Peru?
- Military expenditure (current usd), per unit of gdp in Peru was 0.0088 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 Peru?
- The highest recorded value was 0.0709 current USD per US$ of GDP in 1977.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in Peru?
- The lowest recorded value was 0.0088 current USD per US$ of GDP in 2024.
- How does Peru rank for military expenditure (current usd), per unit of gdp?
- Peru ranks 130th out of 166 countries with data for 2024.
- Is military expenditure (current usd), per unit of gdp rising or falling in Peru?
- Over the last ten years it is down 45.1%. The long-run trend across the full record is volatile.
- Where does this Peru 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.
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 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.