Military expenditure in Bolivia, Plurinational State of

Bolivia, Plurinational State of: Military expenditure was 1.4% in 2024. ▼ Falling

Latest (2024)
1.4%
Change on year
up 5.1%
World rank
99th
of 164 countries
All-time high
3.9%
in 1981
All-time low
1.0%
in 2022
Years of data
60
1961–2024

Military expenditure in Bolivia, Plurinational State of, 1961–2024

1234196119922024

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of GDP.

Analysis

Bolivia, Plurinational State of recorded 1.4% for military expenditure in 2024.

That represents a change of up 5.1% on the previous year and down 27.7% over ten years.

Over the whole period, military expenditure in Bolivia, Plurinational State of peaked at 3.9% in 1981 and was at its lowest, 1.0%, in 2022.

Bolivia, Plurinational State of ranks 99th of 164 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 in Bolivia, Plurinational State of, year by year

Annual values for Military expenditure (% of GDP) in Bolivia, Plurinational State of, 1961 to 2024.
Year % of GDP Change
1961 1.2%
1962 1.2% -3.7%
1963 1.3% +14.5%
1968 1.4% +1.8%
1969 1.3% -2.4%
1970 1.6% +22.3%
1971 1.4% -13.7%
1972 1.6% +14.7%
1973 1.6% +1.7%
1974 1.8% +13.2%
1975 2.4% +29.1%
1976 2.4% -0.2%
1977 2.2% -5.1%
1978 2.6% +15.6%
1979 2.7% +4.2%
1980 3.2% +17.1%
1981 3.9% +23.0%
1982 2.0% -49.2%
1983 1.5% -24.3%
1984 2.2% +44.8%
1985 2.0% -7.2%
1986 2.3% +16.5%
1987 2.4% +1.4%
1988 2.0% -15.0%
1989 2.2% +6.7%
1990 2.8% +30.6%
1991 2.7% -4.5%
1992 2.5% -6.8%
1993 1.9% -23.5%
1994 2.3% +17.4%
1995 2.1% -6.8%
1996 2.0% -5.2%
1997 2.3% +14.4%
1998 2.7% +18.4%
1999 2.1% -20.7%
2000 2.1% -3.3%
2001 2.3% +12.5%
2002 2.0% -14.2%
2003 2.1% +7.8%
2004 1.9% -11.6%
2005 1.7% -9.5%
2006 1.5% -14.6%
2007 1.5% +1.6%
2008 2.2% +47.3%
2009 1.8% -19.7%
2010 2.8% +58.1%
2011 1.7% -39.5%
2012 1.8% +9.6%
2013 1.8% -0.2%
2014 1.9% +3.0%
2015 1.8% -7.2%
2016 1.5% -13.0%
2017 1.5% +0.4%
2018 1.5% -2.6%
2019 1.5% -3.0%
2020 1.4% -4.1%
2021 1.3% -4.8%
2022 1.0% -26.6%
2023 1.3% +34.0%
2024 1.4% +5.1%

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.3% 1.2% 1.4% 5
1970s 2.0% 1.4% 2.7% 10
1980s 2.4% 1.5% 3.9% 10
1990s 2.3% 1.9% 2.8% 10
2000s 1.9% 1.5% 2.3% 10
2010s 1.8% 1.5% 2.8% 10
2020s 1.3% 1.0% 1.4% 5

Countries ranked near Bolivia, Plurinational State of

  1. 96 Spain 1.4% compare
  2. 97 Sri Lanka 1.4% compare
  3. 98 Japan 1.4% compare
  4. 100 Zambia 1.3% compare
  5. 101 Philippines 1.3% compare
  6. 102 Canada 1.3% compare

See the full ranking of 209 places →

More public sector data for Bolivia, Plurinational State of

All data for Bolivia, Plurinational State of →

Frequently asked questions

What is military expenditure in Bolivia, Plurinational State of?
Military expenditure in Bolivia, Plurinational State of was 1.4% in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Bolivia, Plurinational State of?
The highest recorded value was 3.9% in 1981.
What is the lowest military expenditure recorded in Bolivia, Plurinational State of?
The lowest recorded value was 1.0% in 2022.
How does Bolivia, Plurinational State of rank for military expenditure?
Bolivia, Plurinational State of ranks 99th out of 164 countries with data for 2024.
Is military expenditure rising or falling in Bolivia, Plurinational State of?
Over the last ten years it is down 27.7%. The long-run trend across the full record is falling.
Where does this Bolivia, Plurinational State of data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (% of GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Military expenditure in Bolivia, Plurinational State of. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 02 September 2026, from https://public-sector.statizoid.com/stat/military-expenditure-percent-of-gdp/bolivia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://public-sector.statizoid.com/stat/military-expenditure-percent-of-gdp/bolivia/">Military expenditure in Bolivia, Plurinational State of</a> — Statizoid

About this data

Indicator
Military expenditure (% of GDP)
Unit
% of GDP
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
209 places, 10,533 data points, 1960–2024
Last refreshed

Military expenditure by country as percentage of gross domestic product