Bolivia—Military Spending (% of govt expenditure)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #110 of 151Updated April 2026
Latest Value
3.7%
2024
YoY Change
+7.0%
2023 → 2024
Global Rank
#110
of 151 countries
Maximum
8.8%
2010
Minimum
2.8%
2022
CAGR
-2.7%
25 years
Last
3.7%
Previous
3.4%
Highest
8.8%
Lowest
2.8%
Source
World Bank World Development Indicators
Bolivia's military spending (% of govt expenditure) was 3.7% in 2024, ranking #110 out of 151 countries. This represents a +7.0% change from 2023. Over the past 25 years, the highest recorded value was 8.8% (2010) and the lowest was 2.8% (2022). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 3.7% | +7.0% |
| 2023 | 3.4% | +22.0% |
| 2022 | 2.8% | -27.1% |
| 2021 | 3.9% | +5.1% |
| 2020 | 3.7% | -8.9% |
| 2019 | 4.0% | -0.3% |
| 2018 | 4.0% | +1.4% |
| 2017 | 4.0% | +3.9% |
| 2016 | 3.8% | -2.9% |
| 2015 | 3.9% | -10.0% |
| 2014 | 4.4% | -8.5% |
| 2013 | 4.8% | -6.5% |
| 2012 | 5.1% | +7.5% |
| 2011 | 4.8% | -46.1% |
| 2010 | 8.8% | +66.7% |
| 2009 | 5.3% | -14.6% |
| 2008 | 6.2% | +36.2% |
| 2007 | 4.6% | -7.2% |
| 2006 | 4.9% | -5.0% |
| 2005 | 5.2% | -11.8% |
| 2004 | 5.9% | -12.6% |
| 2003 | 6.7% | +12.2% |
| 2002 | 6.0% | -17.7% |
| 2001 | 7.3% | +3.2% |
| 2000 | 7.0% |
Top Countries — Military Spending (% of govt expenditure)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Ukraine | 54.0% | 2024 |
| 2 | Belarus | 50.7% | 2024 |
| 3 | Myanmar | 29.1% | 2024 |
| 4 | Qatar | 26.9% | 2022 |
| 5 | Saudi Arabia | 22.3% | 2024 |
| 6 | Somalia, Fed. Rep. | 21.6% | 2024 |
| 7 | Algeria | 21.4% | 2024 |
| 8 | Oman | 20.1% | 2024 |
| 9 | Singapore | 20.1% | 2024 |
| 10 | Israel | 20.0% | 2024 |