Peru—Military Spending (% of govt expenditure)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #101 of 151Updated April 2026
Latest Value
4.1%
2024
YoY Change
-26.3%
2023 → 2024
Global Rank
#101
of 151 countries
Maximum
8.5%
2001
Minimum
4.1%
2024
CAGR
-2.9%
25 years
Last
4.1%
Previous
5.5%
Highest
8.5%
Lowest
4.1%
Source
World Bank World Development Indicators
Peru's military spending (% of govt expenditure) was 4.1% in 2024, ranking #101 out of 151 countries. This represents a -26.3% change from 2023. Over the past 25 years, the highest recorded value was 8.5% (2001) and the lowest was 4.1% (2024). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 4.1% | -26.3% |
| 2023 | 5.5% | +13.0% |
| 2022 | 4.9% | -1.6% |
| 2021 | 5.0% | +0.7% |
| 2020 | 4.9% | -12.0% |
| 2019 | 5.6% | +1.8% |
| 2018 | 5.5% | -6.8% |
| 2017 | 5.9% | -5.2% |
| 2016 | 6.2% | -19.7% |
| 2015 | 7.7% | +10.1% |
| 2014 | 7.0% | -7.2% |
| 2013 | 7.6% | +4.0% |
| 2012 | 7.3% | +4.6% |
| 2011 | 7.0% | +0.3% |
| 2010 | 7.0% | -1.9% |
| 2009 | 7.1% | +13.4% |
| 2008 | 6.3% | -10.9% |
| 2007 | 7.0% | -9.0% |
| 2006 | 7.7% | -3.1% |
| 2005 | 8.0% | +11.5% |
| 2004 | 7.1% | -5.8% |
| 2003 | 7.6% | -4.4% |
| 2002 | 7.9% | -6.4% |
| 2001 | 8.5% | +1.6% |
| 2000 | 8.3% |
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 |