Military expenditure in Ecuador
Ecuador: Military expenditure was 2.70 billion current USD in 2024. ◆ Volatile
Latest (2024)
2.70 billion current USD
Change on year
up 0.2%
World rank
58th
of 168 countries
All-time high
2.79 billion current USD
in 2014
All-time low
17.10 million current USD
in 1963
Years of data
65
1960–2024
Military expenditure in Ecuador, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
The most recent figure for military expenditure in Ecuador is 2.70 billion current USD, measured in 2024.
The figure is up 0.2% on the previous year and down 3.2% over ten years.
Over the whole period, military expenditure in Ecuador peaked at 2.79 billion current USD in 2014 and was at its lowest, 17.10 million current USD, in 1963.
Ecuador ranks 58th of 168 countries 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 in Ecuador, year by year
| Year | current USD | Change |
|---|---|---|
| 1960 | 22.40 million current USD | — |
| 1961 | 18.70 million current USD | -16.5% |
| 1962 | 18.30 million current USD | -2.1% |
| 1963 | 17.10 million current USD | -6.6% |
| 1964 | 20.60 million current USD | +20.5% |
| 1965 | 23.80 million current USD | +15.5% |
| 1966 | 22.90 million current USD | -3.8% |
| 1967 | 25.30 million current USD | +10.5% |
| 1968 | 29.30 million current USD | +15.8% |
| 1969 | 39.70 million current USD | +35.5% |
| 1970 | 30.70 million current USD | -22.7% |
| 1971 | 29.70 million current USD | -3.3% |
| 1972 | 37.30 million current USD | +25.6% |
| 1973 | 49.20 million current USD | +31.9% |
| 1974 | 74.80 million current USD | +52.0% |
| 1975 | 102.00 million current USD | +36.4% |
| 1976 | 117.00 million current USD | +14.7% |
| 1977 | 205.00 million current USD | +75.2% |
| 1978 | 164.00 million current USD | -20.0% |
| 1979 | 186.00 million current USD | +13.4% |
| 1980 | 209.00 million current USD | +12.4% |
| 1981 | 234.00 million current USD | +12.0% |
| 1982 | 229.00 million current USD | -2.1% |
| 1983 | 200.00 million current USD | -12.7% |
| 1984 | 193.00 million current USD | -3.5% |
| 1985 | 284.00 million current USD | +47.2% |
| 1986 | 207.00 million current USD | -27.1% |
| 1987 | 207.00 million current USD | +0.0% |
| 1988 | 198.00 million current USD | -4.3% |
| 1989 | 189.00 million current USD | -4.5% |
| 1990 | 202.00 million current USD | +6.9% |
| 1991 | 209.00 million current USD | +3.5% |
| 1992 | 211.00 million current USD | +1.0% |
| 1993 | 276.00 million current USD | +30.8% |
| 1994 | 291.00 million current USD | +5.4% |
| 1995 | 475.00 million current USD | +63.2% |
| 1996 | 419.00 million current USD | -11.8% |
| 1997 | 499.00 million current USD | +19.1% |
| 1998 | 549.00 million current USD | +10.0% |
| 1999 | 296.00 million current USD | -46.1% |
| 2000 | 266.00 million current USD | -10.1% |
| 2001 | 384.00 million current USD | +44.4% |
| 2002 | 505.00 million current USD | +31.5% |
| 2003 | 739.00 million current USD | +46.3% |
| 2004 | 710.00 million current USD | -3.9% |
| 2005 | 954.00 million current USD | +34.4% |
| 2006 | 950.00 million current USD | -0.4% |
| 2007 | 1.31 billion current USD | +37.9% |
| 2008 | 1.65 billion current USD | +25.6% |
| 2009 | 1.95 billion current USD | +18.4% |
| 2010 | 2.09 billion current USD | +7.4% |
| 2011 | 2.45 billion current USD | +17.2% |
| 2012 | 2.59 billion current USD | +5.5% |
| 2013 | 2.74 billion current USD | +5.6% |
| 2014 | 2.79 billion current USD | +1.9% |
| 2015 | 2.60 billion current USD | -6.8% |
| 2016 | 2.51 billion current USD | -3.2% |
| 2017 | 2.46 billion current USD | -2.0% |
| 2018 | 2.55 billion current USD | +3.5% |
| 2019 | 2.35 billion current USD | -8.0% |
| 2020 | 2.36 billion current USD | +0.4% |
| 2021 | 2.41 billion current USD | +2.2% |
| 2022 | 2.59 billion current USD | +7.4% |
| 2023 | 2.69 billion current USD | +4.1% |
| 2024 | 2.70 billion current USD | +0.2% |
Ecuador compared with similar countries
- Ecuador's 2.70 billion current USD is above the median for upper middle income countries, which is 1.38 billion current USD, 2.0× the median. (48 countries reporting)
- Ecuador's 2.70 billion current USD is above the median for Latin America & Caribbean, which is 420.19 million current USD, 6.4× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 23.81 million current USD | 17.10 million current USD | 39.70 million current USD | 10 |
| 1970s | 99.57 million current USD | 29.70 million current USD | 205.00 million current USD | 10 |
| 1980s | 215.00 million current USD | 189.00 million current USD | 284.00 million current USD | 10 |
| 1990s | 342.70 million current USD | 202.00 million current USD | 549.00 million current USD | 10 |
| 2000s | 941.30 million current USD | 266.00 million current USD | 1.95 billion current USD | 10 |
| 2010s | 2.51 billion current USD | 2.09 billion current USD | 2.79 billion current USD | 10 |
| 2020s | 2.55 billion current USD | 2.36 billion current USD | 2.70 billion current USD | 5 |
Countries ranked near Ecuador
More public sector data for Ecuador
- Democracy, 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)
- Elected parliament, 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)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military expenditure in Ecuador?
- Military expenditure in Ecuador was 2.70 billion current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Ecuador?
- The highest recorded value was 2.79 billion current USD in 2014.
- What is the lowest military expenditure recorded in Ecuador?
- The lowest recorded value was 17.10 million current USD in 1963.
- How does Ecuador rank for military expenditure?
- Ecuador ranks 58th out of 168 countries with data for 2024.
- Is military expenditure rising or falling in Ecuador?
- Over the last ten years it is down 3.2%. The long-run trend across the full record is volatile.
- Where does this Ecuador 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.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)