Colombia—Military Spending (% of GDP)
Category: MilitarySource: World Bank World Development IndicatorsGlobal Rank: #22 of 153
Latest Value
3.4%
2024
YoY Change
+13.3%
2023 → 2024
Global Rank
#22
of 153 countries
Maximum
3.9%
2009
Minimum
2.8%
2022
CAGR
+0.4%
25 years
Last
3.4%
Previous
3.0%
Highest
3.9%
Lowest
2.8%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 3.4% | +13.3% |
| 2023 | 3.0% | +6.0% |
| 2022 | 2.8% | -12.4% |
| 2021 | 3.2% | -9.6% |
| 2020 | 3.5% | +12.4% |
| 2019 | 3.1% | +3.7% |
| 2018 | 3.0% | -5.5% |
| 2017 | 3.2% | +4.5% |
| 2016 | 3.1% | -1.2% |
| 2015 | 3.1% | +0.1% |
| 2014 | 3.1% | -5.0% |
| 2013 | 3.3% | +3.7% |
| 2012 | 3.2% | +2.6% |
| 2011 | 3.1% | -15.4% |
| 2010 | 3.6% | -6.4% |
| 2009 | 3.9% | +4.0% |
| 2008 | 3.7% | +13.7% |
| 2007 | 3.3% | -0.3% |
| 2006 | 3.3% | -2.3% |
| 2005 | 3.4% | -2.6% |
| 2004 | 3.5% | +0.0% |
| 2003 | 3.5% | +1.4% |
| 2002 | 3.4% | +2.8% |
| 2001 | 3.3% | +9.6% |
| 2000 | 3.0% |
Top Countries — Military Spending (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Ukraine | 34.5% | 2024 |
| 2 | Israel | 8.8% | 2024 |
| 3 | Algeria | 8.0% | 2024 |
| 4 | Saudi Arabia | 7.3% | 2024 |
| 5 | Russian Federation | 7.1% | 2024 |
| 6 | Myanmar | 6.8% | 2024 |
| 7 | Qatar | 6.5% | 2022 |
| 8 | Oman | 5.6% | 2024 |
| 9 | Armenia | 5.5% | 2024 |
| 10 | Libya | 5.3% | 2023 |
About This Indicator
Definition
Military expenditure by country as percentage of gross domestic product
Methodology
Data compiled by SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), uri: https://www.sipri.org/databases.
Source: World Bank - World Development IndicatorsView original source →