Guatemala—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #107 of 156Updated April 2026
Latest Value
$415.2M
2024
YoY Change
-5.1%
2023 → 2024
Global Rank
#107
of 156 countries
Maximum
$441.4M
2022
Minimum
$104.5M
2005
CAGR
+4.1%
25 years
Last
$415.2M
Previous
$437.6M
Highest
$441.4M
Lowest
$104.5M
Source
World Bank World Development Indicators
Guatemala's military expenditure (usd) was $415.2M in 2024, ranking #107 out of 156 countries. This represents a -5.1% change from 2023. Over the past 25 years, the highest recorded value was $441.4M (2022) and the lowest was $104.5M (2005). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $415.2M | -5.1% |
| 2023 | $437.6M | -0.8% |
| 2022 | $441.4M | +30.7% |
| 2021 | $337.7M | -1.5% |
| 2020 | $342.8M | +3.3% |
| 2019 | $331.9M | +21.5% |
| 2018 | $273.1M | -0.7% |
| 2017 | $275.0M | -5.5% |
| 2016 | $290.9M | +15.2% |
| 2015 | $252.5M | +2.8% |
| 2014 | $245.7M | -1.6% |
| 2013 | $249.8M | +11.3% |
| 2012 | $224.4M | +13.6% |
| 2011 | $197.4M | +16.3% |
| 2010 | $169.8M | +15.2% |
| 2009 | $147.4M | -11.5% |
| 2008 | $166.5M | +22.5% |
| 2007 | $135.9M | +4.1% |
| 2006 | $130.5M | +25.0% |
| 2005 | $104.5M | -9.1% |
| 2004 | $114.9M | -35.7% |
| 2003 | $178.8M | +12.9% |
| 2002 | $158.4M | -19.5% |
| 2001 | $196.8M | +24.7% |
| 2000 | $157.8M |
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 |