Colombia—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #24 of 156Updated April 2026
Latest Value
$15.10B
2024
YoY Change
+40.0%
2023 → 2024
Global Rank
#24
of 156 countries
Maximum
$15.10B
2024
Minimum
$3.03B
2000
CAGR
+6.9%
25 years
Last
$15.10B
Previous
$10.78B
Highest
$15.10B
Lowest
$3.03B
Source
World Bank World Development Indicators
Colombia's military expenditure (usd) was $15.10B in 2024, ranking #24 out of 156 countries. This represents a +40.0% change from 2023. Over the past 25 years, the highest recorded value was $15.10B (2024) and the lowest was $3.03B (2000). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $15.10B | +40.0% |
| 2023 | $10.78B | +11.6% |
| 2022 | $9.66B | -5.1% |
| 2021 | $10.18B | +6.6% |
| 2020 | $9.55B | -6.0% |
| 2019 | $10.17B | +0.3% |
| 2018 | $10.13B | +1.2% |
| 2017 | $10.02B | +15.5% |
| 2016 | $8.68B | -4.9% |
| 2015 | $9.13B | -23.0% |
| 2014 | $11.85B | -5.3% |
| 2013 | $12.50B | +6.8% |
| 2012 | $11.71B | +13.6% |
| 2011 | $10.31B | -1.1% |
| 2010 | $10.42B | +15.4% |
| 2009 | $9.03B | -0.2% |
| 2008 | $9.05B | +33.6% |
| 2007 | $6.78B | +27.2% |
| 2006 | $5.33B | +8.4% |
| 2005 | $4.91B | +21.1% |
| 2004 | $4.06B | +23.7% |
| 2003 | $3.28B | -2.1% |
| 2002 | $3.35B | +2.5% |
| 2001 | $3.26B | +7.8% |
| 2000 | $3.03B |
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 |