Military expenditure in Chile
Chile: Military expenditure was 1.6% in 2024. ◆ Volatile
Latest (2024)
1.6%
Change on year
down 3.2%
World rank
87th
of 164 countries
All-time high
8.9%
in 1982
All-time low
1.5%
in 2022
Years of data
65
1960–2024
Military expenditure in Chile, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of GDP.
Analysis
The most recent figure for military expenditure in Chile is 1.6%, measured in 2024.
Compared with earlier readings it is down 3.2% on the previous year and down 19.8% over ten years.
Over the whole period, military expenditure in Chile peaked at 8.9% in 1982 and was at its lowest, 1.5%, in 2022.
Chile ranks 87th of 164 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 Chile, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 3.1% | — |
| 1961 | 3.5% | +13.1% |
| 1962 | 3.0% | -13.7% |
| 1963 | 2.9% | -5.9% |
| 1964 | 2.6% | -8.0% |
| 1965 | 2.9% | +9.5% |
| 1966 | 2.7% | -5.2% |
| 1967 | 2.7% | -0.8% |
| 1968 | 2.5% | -6.9% |
| 1969 | 2.3% | -10.5% |
| 1970 | 4.5% | +96.8% |
| 1971 | 6.3% | +40.8% |
| 1972 | 6.6% | +5.8% |
| 1973 | 6.3% | -5.2% |
| 1974 | 7.1% | +13.1% |
| 1975 | 6.7% | -5.2% |
| 1976 | 6.1% | -9.8% |
| 1977 | 6.9% | +13.6% |
| 1978 | 6.7% | -2.7% |
| 1979 | 6.3% | -5.9% |
| 1980 | 6.5% | +2.4% |
| 1981 | 7.0% | +8.3% |
| 1982 | 8.9% | +26.4% |
| 1983 | 7.6% | -14.7% |
| 1984 | 7.6% | +0.4% |
| 1985 | 6.9% | -9.3% |
| 1986 | 6.3% | -8.9% |
| 1987 | 5.6% | -10.3% |
| 1988 | 4.1% | -26.6% |
| 1989 | 3.6% | -13.3% |
| 1990 | 3.4% | -5.2% |
| 1991 | 2.8% | -16.2% |
| 1992 | 2.6% | -7.8% |
| 1993 | 2.7% | +3.0% |
| 1994 | 2.6% | -4.0% |
| 1995 | 2.6% | -1.4% |
| 1996 | 2.4% | -5.4% |
| 1997 | 2.5% | +2.1% |
| 1998 | 2.6% | +4.1% |
| 1999 | 2.7% | +4.9% |
| 2000 | 2.7% | -0.5% |
| 2001 | 2.6% | -1.5% |
| 2002 | 2.5% | -4.4% |
| 2003 | 2.7% | +6.8% |
| 2004 | 2.7% | +0.3% |
| 2005 | 2.5% | -6.5% |
| 2006 | 2.5% | -1.1% |
| 2007 | 2.3% | -7.0% |
| 2008 | 2.6% | +10.8% |
| 2009 | 2.3% | -11.9% |
| 2010 | 2.3% | -1.0% |
| 2011 | 2.3% | +0.4% |
| 2012 | 2.0% | -9.6% |
| 2013 | 2.0% | -2.5% |
| 2014 | 2.0% | -1.4% |
| 2015 | 1.9% | -2.9% |
| 2016 | 1.9% | +0.8% |
| 2017 | 1.9% | +0.9% |
| 2018 | 1.9% | -3.2% |
| 2019 | 1.9% | -0.7% |
| 2020 | 2.1% | +10.8% |
| 2021 | 1.6% | -20.2% |
| 2022 | 1.5% | -6.5% |
| 2023 | 1.6% | +5.8% |
| 2024 | 1.6% | -3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.8% | 2.3% | 3.5% | 10 |
| 1970s | 6.4% | 4.5% | 7.1% | 10 |
| 1980s | 6.4% | 3.6% | 8.9% | 10 |
| 1990s | 2.7% | 2.4% | 3.4% | 10 |
| 2000s | 2.6% | 2.3% | 2.7% | 10 |
| 2010s | 2.0% | 1.9% | 2.3% | 10 |
| 2020s | 1.7% | 1.5% | 2.1% | 5 |
Countries ranked near Chile
More public sector data for Chile
- Arms imports 14.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.7083 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 55.56 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 14.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 258.31 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0155 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -6.67 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 5.11 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 12.12 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is military expenditure in Chile?
- Military expenditure in Chile was 1.6% in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Chile?
- The highest recorded value was 8.9% in 1982.
- What is the lowest military expenditure recorded in Chile?
- The lowest recorded value was 1.5% in 2022.
- How does Chile rank for military expenditure?
- Chile ranks 87th out of 164 countries with data for 2024.
- Is military expenditure rising or falling in Chile?
- Over the last ten years it is down 19.8%. The long-run trend across the full record is volatile.
- Where does this Chile 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.
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About this data
Military expenditure by country as percentage of gross domestic product