Military expenditure (current USD) in Bolivia
Bolivia: Military expenditure (current USD) was 688.31 million current USD in 2025. ◆ Volatile
Latest (2025)
688.31 million current USD
Change on year
up 20.6%
World rank
96th
of 168 countries
All-time high
688.31 million current USD
in 2025
All-time low
4.94 million current USD
in 1961
Years of data
61
1961–2025
Military expenditure in Bolivia, 1961–2025
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
In 2025, military expenditure in Bolivia stood at 688.31 million current USD. That is the highest value across all 61 years on record.
The figure is up 20.6% on the previous year and up 18.5% over ten years.
Over the whole period, military expenditure in Bolivia peaked at 688.31 million current USD in 2025 and was at its lowest, 4.94 million current USD, in 1961.
That places Bolivia 96th out of 168 countries with data for 2025, 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) in Bolivia, year by year
| Year | current USD | Change |
|---|---|---|
| 1961 | 4.94 million current USD | — |
| 1962 | 5.20 million current USD | +5.3% |
| 1963 | 6.40 million current USD | +23.3% |
| 1968 | 11.58 million current USD | +80.9% |
| 1969 | 12.25 million current USD | +5.8% |
| 1970 | 16.79 million current USD | +37.0% |
| 1971 | 15.86 million current USD | -5.5% |
| 1972 | 20.70 million current USD | +30.5% |
| 1973 | 21.13 million current USD | +2.1% |
| 1974 | 39.77 million current USD | +88.2% |
| 1975 | 58.30 million current USD | +46.6% |
| 1976 | 66.78 million current USD | +14.5% |
| 1977 | 73.25 million current USD | +9.7% |
| 1978 | 97.67 million current USD | +33.3% |
| 1979 | 119.74 million current USD | +22.6% |
| 1980 | 159.01 million current USD | +32.8% |
| 1981 | 238.72 million current USD | +50.1% |
| 1982 | 123.73 million current USD | -48.2% |
| 1983 | 89.97 million current USD | -27.3% |
| 1984 | 144.68 million current USD | +60.8% |
| 1985 | 131.21 million current USD | -9.3% |
| 1986 | 92.87 million current USD | -29.2% |
| 1987 | 103.36 million current USD | +11.3% |
| 1988 | 92.92 million current USD | -10.1% |
| 1989 | 101.69 million current USD | +9.4% |
| 1990 | 137.06 million current USD | +34.8% |
| 1991 | 143.64 million current USD | +4.8% |
| 1992 | 141.44 million current USD | -1.5% |
| 1993 | 109.90 million current USD | -22.3% |
| 1994 | 134.59 million current USD | +22.5% |
| 1995 | 140.76 million current USD | +4.6% |
| 1996 | 146.96 million current USD | +4.4% |
| 1997 | 180.20 million current USD | +22.6% |
| 1998 | 228.68 million current USD | +26.9% |
| 1999 | 176.74 million current USD | -22.7% |
| 2000 | 173.25 million current USD | -2.0% |
| 2001 | 188.92 million current USD | +9.0% |
| 2002 | 157.35 million current USD | -16.7% |
| 2003 | 173.41 million current USD | +10.2% |
| 2004 | 166.38 million current USD | -4.1% |
| 2005 | 163.96 million current USD | -1.5% |
| 2006 | 167.91 million current USD | +2.4% |
| 2007 | 195.36 million current USD | +16.4% |
| 2008 | 365.83 million current USD | +87.3% |
| 2009 | 305.42 million current USD | -16.5% |
| 2010 | 547.25 million current USD | +79.2% |
| 2011 | 403.57 million current USD | -26.3% |
| 2012 | 499.87 million current USD | +23.9% |
| 2013 | 564.51 million current USD | +12.9% |
| 2014 | 625.91 million current USD | +10.9% |
| 2015 | 580.62 million current USD | -7.2% |
| 2016 | 519.46 million current USD | -10.5% |
| 2017 | 576.29 million current USD | +10.9% |
| 2018 | 603.07 million current USD | +4.6% |
| 2019 | 593.50 million current USD | -1.6% |
| 2020 | 509.90 million current USD | -14.1% |
| 2021 | 535.70 million current USD | +5.1% |
| 2022 | 428.31 million current USD | -20.0% |
| 2023 | 588.71 million current USD | +37.4% |
| 2024 | 570.91 million current USD | -3.0% |
| 2025 | 688.31 million current USD | +20.6% |
Bolivia compared with similar countries
- Bolivia's 688.31 million current USD is above the median for lower middle income countries, which is 590.39 million current USD, 1.2× the median. (40 countries reporting)
- Bolivia's 688.31 million current USD is above the median for Latin America & Caribbean, which is 606.56 million current USD, 1.1× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.07 million current USD | 4.94 million current USD | 12.25 million current USD | 5 |
| 1970s | 53.00 million current USD | 15.86 million current USD | 119.74 million current USD | 10 |
| 1980s | 127.82 million current USD | 89.97 million current USD | 238.72 million current USD | 10 |
| 1990s | 154.00 million current USD | 109.90 million current USD | 228.68 million current USD | 10 |
| 2000s | 205.78 million current USD | 157.35 million current USD | 365.83 million current USD | 10 |
| 2010s | 551.40 million current USD | 403.57 million current USD | 625.91 million current USD | 10 |
| 2020s | 553.64 million current USD | 428.31 million current USD | 688.31 million current USD | 6 |
Countries ranked near Bolivia
More public sector data for Bolivia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- 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)
Frequently asked questions
- What is military expenditure in Bolivia?
- Military expenditure in Bolivia was 688.31 million current USD in 2025, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Bolivia?
- The highest recorded value was 688.31 million current USD in 2025.
- What is the lowest military expenditure recorded in Bolivia?
- The lowest recorded value was 4.94 million current USD in 1961.
- How does Bolivia rank for military expenditure?
- Bolivia ranks 96th out of 168 countries with data for 2025.
- Is military expenditure rising or falling in Bolivia?
- Over the last ten years it is up 18.5%. The long-run trend across the full record is volatile.
- Where does this Bolivia data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)