Ecuador vs Peru: Military spending

Ecuador
3.12 billion constant 2022 US$
in 2023
Peru
3.56 billion constant 2022 US$
in 2023
Ecuador rank
63rd
Peru rank
60th

Military spending over time

  • Ecuador
  • Peru
01.0B2.0B3.0B4.0B183919312023

How they compare

Peru currently reports 3.56 billion constant 2022 US$ against 3.12 billion constant 2022 US$ in Ecuador, a difference of 436.07 million constant 2022 US$.

That makes Peru's figure about 1.1 times Ecuador's.

The two have swapped places 4 times across 170 shared years of data; in 1854 it was Peru ahead.

Ecuador ranks 63rd and Peru ranks 60th of 172 countries.

Across the 18 decades both report, Ecuador averaged higher in 1 and Peru in 17.

Head to head by decade

Decade Ecuador Peru Difference Ahead
1850s 37.10 million constant 2022 US$ 171.28 million constant 2022 US$ 134.19 million constant 2022 US$ Peru
1860s 25.88 million constant 2022 US$ 178.75 million constant 2022 US$ 152.87 million constant 2022 US$ Peru
1870s 23.24 million constant 2022 US$ 107.59 million constant 2022 US$ 84.35 million constant 2022 US$ Peru
1880s 21.71 million constant 2022 US$ 63.59 million constant 2022 US$ 41.87 million constant 2022 US$ Peru
1890s 24.29 million constant 2022 US$ 44.62 million constant 2022 US$ 20.33 million constant 2022 US$ Peru
1900s 34.08 million constant 2022 US$ 54.18 million constant 2022 US$ 20.10 million constant 2022 US$ Peru
1910s 45.80 million constant 2022 US$ 43.82 million constant 2022 US$ 1.98 million constant 2022 US$ Ecuador
1920s 20.36 million constant 2022 US$ 75.58 million constant 2022 US$ 55.22 million constant 2022 US$ Peru
1930s 28.25 million constant 2022 US$ 119.58 million constant 2022 US$ 91.32 million constant 2022 US$ Peru
1940s 44.84 million constant 2022 US$ 232.30 million constant 2022 US$ 187.47 million constant 2022 US$ Peru
1950s 134.34 million constant 2022 US$ 395.21 million constant 2022 US$ 260.87 million constant 2022 US$ Peru
1960s 182.01 million constant 2022 US$ 855.54 million constant 2022 US$ 673.53 million constant 2022 US$ Peru
1970s 404.55 million constant 2022 US$ 1.72 billion constant 2022 US$ 1.32 billion constant 2022 US$ Peru
1980s 538.27 million constant 2022 US$ 2.70 billion constant 2022 US$ 2.17 billion constant 2022 US$ Peru
1990s 786.05 million constant 2022 US$ 1.55 billion constant 2022 US$ 762.54 million constant 2022 US$ Peru
2000s 1.07 billion constant 2022 US$ 1.53 billion constant 2022 US$ 456.93 million constant 2022 US$ Peru
2010s 2.26 billion constant 2022 US$ 2.80 billion constant 2022 US$ 533.80 million constant 2022 US$ Peru
2020s 2.89 billion constant 2022 US$ 3.34 billion constant 2022 US$ 453.00 million constant 2022 US$ Peru

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Ecuador or Peru?
Peru, at 3.56 billion constant 2022 US$ against 3.12 billion constant 2022 US$ in Ecuador as of 2023.
What is the difference in military spending between Ecuador and Peru?
436.07 million constant 2022 US$, with Peru ahead.
How many years of comparable data are there for Ecuador and Peru?
170 years are reported by both, from 1854 to 2023.
How do Ecuador and Peru rank globally for military spending?
Ecuador ranks 63rd and Peru ranks 60th of 172 countries.
Where does this data come from?
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ecuador vs Peru: Military spending. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/compare/military-spending-gmsd/ecuador/peru/

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About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.