Bolivia—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #90 of 156Updated April 2026
Latest Value
$655.1M
2024
YoY Change
+11.3%
2023 → 2024
Global Rank
#90
of 156 countries
Maximum
$655.1M
2024
Minimum
$157.3M
2002
CAGR
+5.7%
25 years
Last
$655.1M
Previous
$588.8M
Highest
$655.1M
Lowest
$157.3M
Source
World Bank World Development Indicators
Bolivia's military expenditure (usd) was $655.1M in 2024, ranking #90 out of 156 countries. This represents a +11.3% change from 2023. Over the past 25 years, the highest recorded value was $655.1M (2024) and the lowest was $157.3M (2002). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $655.1M | +11.3% |
| 2023 | $588.8M | +37.1% |
| 2022 | $429.4M | -19.9% |
| 2021 | $536.2M | +5.0% |
| 2020 | $510.5M | -13.9% |
| 2019 | $593.2M | -1.6% |
| 2018 | $602.9M | +5.0% |
| 2017 | $574.1M | +10.6% |
| 2016 | $519.3M | -10.6% |
| 2015 | $580.6M | -7.2% |
| 2014 | $625.9M | +10.9% |
| 2013 | $564.5M | +12.9% |
| 2012 | $499.9M | +23.9% |
| 2011 | $403.6M | -26.3% |
| 2010 | $547.2M | +79.2% |
| 2009 | $305.4M | -16.5% |
| 2008 | $365.8M | +87.3% |
| 2007 | $195.4M | +16.4% |
| 2006 | $167.9M | +2.4% |
| 2005 | $164.0M | -1.5% |
| 2004 | $166.4M | -4.1% |
| 2003 | $173.4M | +10.2% |
| 2002 | $157.3M | -16.7% |
| 2001 | $188.9M | +9.0% |
| 2000 | $173.2M |
Top Countries — Military Expenditure (USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | United States | $997.31B | 2024 |
| 2 | China | $313.66B | 2024 |
| 3 | Russian Federation | $148.97B | 2024 |
| 4 | Germany | $88.46B | 2024 |
| 5 | India | $86.13B | 2024 |
| 6 | United Kingdom | $81.76B | 2024 |
| 7 | Saudi Arabia | $80.33B | 2024 |
| 8 | Ukraine | $64.70B | 2024 |
| 9 | France | $64.68B | 2024 |
| 10 | Japan | $55.27B | 2024 |