Military expenditure in Peru
Peru: Military expenditure was 0.9% in 2024. ◆ Volatile
Latest (2024)
0.9%
Change on year
down 26.4%
World rank
131st
of 164 countries
All-time high
8.2%
in 1977
All-time low
0.9%
in 2024
Years of data
65
1960–2024
Military expenditure in Peru, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of GDP.
Analysis
In 2024, military expenditure in Peru stood at 0.9%. That is the lowest value across all 65 years on record.
That represents a change of down 26.4% on the previous year and down 43.3% over ten years.
Over the whole period, military expenditure in Peru peaked at 8.2% in 1977 and was at its lowest, 0.9%, in 2024.
That places Peru 131st out of 164 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure in Peru, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 2.5% | — |
| 1961 | 2.6% | +5.5% |
| 1962 | 2.4% | -8.3% |
| 1963 | 3.3% | +36.8% |
| 1964 | 3.3% | +0.7% |
| 1965 | 3.1% | -7.2% |
| 1966 | 2.8% | -8.2% |
| 1967 | 4.7% | +65.4% |
| 1968 | 2.4% | -49.9% |
| 1969 | 2.4% | +1.3% |
| 1970 | 3.5% | +46.9% |
| 1971 | 3.6% | +3.2% |
| 1972 | 3.6% | +0.3% |
| 1973 | 3.9% | +8.1% |
| 1974 | 3.9% | +0.2% |
| 1975 | 5.2% | +32.6% |
| 1976 | 5.7% | +8.8% |
| 1977 | 8.2% | +44.7% |
| 1978 | 6.2% | -24.5% |
| 1979 | 3.4% | -45.9% |
| 1980 | 4.6% | +36.0% |
| 1981 | 4.0% | -12.6% |
| 1982 | 5.1% | +28.3% |
| 1983 | 4.8% | -5.2% |
| 1984 | 3.4% | -30.7% |
| 1985 | 3.9% | +15.3% |
| 1986 | 3.3% | -13.5% |
| 1987 | 3.4% | +1.9% |
| 1988 | 2.2% | -35.9% |
| 1989 | 2.2% | +0.2% |
| 1990 | 2.7% | +22.5% |
| 1991 | 2.0% | -24.7% |
| 1992 | 2.5% | +24.1% |
| 1993 | 2.7% | +9.5% |
| 1994 | 2.5% | -9.9% |
| 1995 | 2.6% | +6.5% |
| 1996 | 2.5% | -5.1% |
| 1997 | 2.0% | -20.2% |
| 1998 | 2.0% | +1.0% |
| 1999 | 1.9% | -4.3% |
| 2000 | 1.8% | -7.3% |
| 2001 | 1.8% | -2.1% |
| 2002 | 1.5% | -12.0% |
| 2003 | 1.5% | -2.1% |
| 2004 | 1.4% | -8.4% |
| 2005 | 1.6% | +14.4% |
| 2006 | 1.5% | -7.9% |
| 2007 | 1.3% | -10.5% |
| 2008 | 1.2% | -4.4% |
| 2009 | 1.5% | +22.7% |
| 2010 | 1.5% | -3.4% |
| 2011 | 1.4% | -7.2% |
| 2012 | 1.5% | +8.2% |
| 2013 | 1.6% | +10.8% |
| 2014 | 1.6% | -2.5% |
| 2015 | 1.7% | +8.9% |
| 2016 | 1.3% | -24.2% |
| 2017 | 1.3% | -4.3% |
| 2018 | 1.2% | -6.0% |
| 2019 | 1.2% | +1.4% |
| 2020 | 1.3% | +9.2% |
| 2021 | 1.2% | -11.6% |
| 2022 | 1.1% | -2.5% |
| 2023 | 1.2% | +8.9% |
| 2024 | 0.9% | -26.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.0% | 2.4% | 4.7% | 10 |
| 1970s | 4.7% | 3.4% | 8.2% | 10 |
| 1980s | 3.7% | 2.2% | 5.1% | 10 |
| 1990s | 2.4% | 1.9% | 2.7% | 10 |
| 2000s | 1.5% | 1.2% | 1.8% | 10 |
| 2010s | 1.4% | 1.2% | 1.7% | 10 |
| 2020s | 1.2% | 0.9% | 1.3% | 5 |
Countries ranked near Peru
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), per unit of GDP 0.0088 current USD per US$ of GDP (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)
Frequently asked questions
- What is military expenditure in Peru?
- Military expenditure in Peru was 0.9% in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Peru?
- The highest recorded value was 8.2% in 1977.
- What is the lowest military expenditure recorded in Peru?
- The lowest recorded value was 0.9% in 2024.
- How does Peru rank for military expenditure?
- Peru ranks 131st out of 164 countries with data for 2024.
- Is military expenditure rising or falling in Peru?
- Over the last ten years it is down 43.3%. The long-run trend across the full record is volatile.
- Where does this Peru 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