Military spending in Bolivia
Bolivia: Military spending was 713.62 million constant 2022 US$ in 2023. ◆ Volatile
Latest (2023)
713.62 million constant 2022 US$
Change on year
up 13.0%
World rank
97th
of 172 countries
All-time high
713.62 million constant 2022 US$
in 2023
All-time low
15.84 million constant 2022 US$
in 1956
Years of data
176
1848–2023
Military spending in Bolivia, 1848–2023
Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.
Analysis
The most recent figure for military spending in Bolivia is 713.62 million constant 2022 US$, measured in 2023. That is the highest value across all 176 years on record.
That represents a change of up 13.0% on the previous year and up 51.1% over ten years.
Over the whole period, military spending in Bolivia peaked at 713.62 million constant 2022 US$ in 2023 and was at its lowest, 15.84 million constant 2022 US$, in 1956.
Bolivia ranks 97th of 172 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending in Bolivia, year by year
| Year | constant 2022 US$ | Change |
|---|---|---|
| 1848 | 42.18 million constant 2022 US$ | — |
| 1849 | 41.35 million constant 2022 US$ | -2.0% |
| 1850 | 38.33 million constant 2022 US$ | -7.3% |
| 1851 | 40.90 million constant 2022 US$ | +6.7% |
| 1852 | 39.87 million constant 2022 US$ | -2.5% |
| 1853 | 38.51 million constant 2022 US$ | -3.4% |
| 1854 | 37.76 million constant 2022 US$ | -1.9% |
| 1855 | 35.66 million constant 2022 US$ | -5.6% |
| 1856 | 35.17 million constant 2022 US$ | -1.4% |
| 1857 | 31.88 million constant 2022 US$ | -9.4% |
| 1858 | 35.56 million constant 2022 US$ | +11.6% |
| 1859 | 34.40 million constant 2022 US$ | -3.3% |
| 1860 | 33.95 million constant 2022 US$ | -1.3% |
| 1861 | 29.10 million constant 2022 US$ | -14.3% |
| 1862 | 24.82 million constant 2022 US$ | -14.7% |
| 1863 | 22.34 million constant 2022 US$ | -10.0% |
| 1864 | 20.66 million constant 2022 US$ | -7.5% |
| 1865 | 17.32 million constant 2022 US$ | -16.1% |
| 1866 | 16.73 million constant 2022 US$ | -3.4% |
| 1867 | 17.16 million constant 2022 US$ | +2.6% |
| 1868 | 18.39 million constant 2022 US$ | +7.2% |
| 1869 | 18.84 million constant 2022 US$ | +2.4% |
| 1870 | 17.71 million constant 2022 US$ | -6.0% |
| 1871 | 17.84 million constant 2022 US$ | +0.7% |
| 1872 | 17.44 million constant 2022 US$ | -2.2% |
| 1873 | 19.09 million constant 2022 US$ | +9.4% |
| 1874 | 18.69 million constant 2022 US$ | -2.1% |
| 1875 | 19.70 million constant 2022 US$ | +5.4% |
| 1876 | 21.94 million constant 2022 US$ | +11.4% |
| 1877 | 21.38 million constant 2022 US$ | -2.6% |
| 1878 | 23.92 million constant 2022 US$ | +11.9% |
| 1879 | 23.78 million constant 2022 US$ | -0.6% |
| 1880 | 44.21 million constant 2022 US$ | +85.9% |
| 1881 | 39.87 million constant 2022 US$ | -9.8% |
| 1882 | 39.89 million constant 2022 US$ | +0.0% |
| 1883 | 37.84 million constant 2022 US$ | -5.1% |
| 1884 | 37.18 million constant 2022 US$ | -1.7% |
| 1885 | 33.60 million constant 2022 US$ | -9.6% |
| 1886 | 32.78 million constant 2022 US$ | -2.4% |
| 1887 | 29.75 million constant 2022 US$ | -9.3% |
| 1888 | 31.07 million constant 2022 US$ | +4.4% |
| 1889 | 28.34 million constant 2022 US$ | -8.8% |
| 1890 | 28.05 million constant 2022 US$ | -1.0% |
| 1891 | 24.25 million constant 2022 US$ | -13.5% |
| 1892 | 22.89 million constant 2022 US$ | -5.6% |
| 1893 | 19.80 million constant 2022 US$ | -13.5% |
| 1894 | 18.39 million constant 2022 US$ | -7.1% |
| 1895 | 19.00 million constant 2022 US$ | +3.3% |
| 1896 | 20.94 million constant 2022 US$ | +10.2% |
| 1897 | 20.47 million constant 2022 US$ | -2.2% |
| 1898 | 21.04 million constant 2022 US$ | +2.8% |
| 1899 | 22.59 million constant 2022 US$ | +7.4% |
| 1900 | 24.97 million constant 2022 US$ | +10.5% |
| 1901 | 27.41 million constant 2022 US$ | +9.8% |
| 1902 | 28.00 million constant 2022 US$ | +2.1% |
| 1903 | 26.38 million constant 2022 US$ | -5.8% |
| 1904 | 25.43 million constant 2022 US$ | -3.6% |
| 1905 | 25.76 million constant 2022 US$ | +1.3% |
| 1906 | 26.28 million constant 2022 US$ | +2.0% |
| 1907 | 27.58 million constant 2022 US$ | +5.0% |
| 1908 | 28.26 million constant 2022 US$ | +2.5% |
| 1909 | 33.18 million constant 2022 US$ | +17.4% |
| 1910 | 32.36 million constant 2022 US$ | -2.5% |
| 1911 | 35.19 million constant 2022 US$ | +8.7% |
| 1912 | 44.62 million constant 2022 US$ | +26.8% |
| 1913 | 55.13 million constant 2022 US$ | +23.6% |
| 1914 | 46.17 million constant 2022 US$ | -16.3% |
| 1915 | 54.54 million constant 2022 US$ | +18.1% |
| 1916 | 46.59 million constant 2022 US$ | -14.6% |
| 1917 | 42.18 million constant 2022 US$ | -9.5% |
| 1918 | 39.93 million constant 2022 US$ | -5.3% |
| 1919 | 32.38 million constant 2022 US$ | -18.9% |
| 1920 | 24.63 million constant 2022 US$ | -23.9% |
| 1921 | 26.97 million constant 2022 US$ | +9.5% |
| 1922 | 25.54 million constant 2022 US$ | -5.3% |
| 1923 | 27.76 million constant 2022 US$ | +8.7% |
| 1924 | 31.09 million constant 2022 US$ | +12.0% |
| 1925 | 35.25 million constant 2022 US$ | +13.4% |
| 1926 | 41.55 million constant 2022 US$ | +17.9% |
| 1927 | 46.98 million constant 2022 US$ | +13.1% |
| 1928 | 48.23 million constant 2022 US$ | +2.7% |
| 1929 | 48.77 million constant 2022 US$ | +1.1% |
| 1930 | 47.19 million constant 2022 US$ | -3.2% |
| 1931 | 49.62 million constant 2022 US$ | +5.2% |
| 1932 | 43.49 million constant 2022 US$ | -12.4% |
| 1933 | 228.09 million constant 2022 US$ | +424.5% |
| 1934 | 443.01 million constant 2022 US$ | +94.2% |
| 1935 | 512.60 million constant 2022 US$ | +15.7% |
| 1936 | 70.61 million constant 2022 US$ | -86.2% |
| 1937 | 56.04 million constant 2022 US$ | -20.6% |
| 1938 | 64.13 million constant 2022 US$ | +14.4% |
| 1939 | 60.48 million constant 2022 US$ | -5.7% |
| 1940 | 67.64 million constant 2022 US$ | +11.9% |
| 1941 | 63.45 million constant 2022 US$ | -6.2% |
| 1942 | 73.13 million constant 2022 US$ | +15.3% |
| 1943 | 71.17 million constant 2022 US$ | -2.7% |
| 1944 | 75.65 million constant 2022 US$ | +6.3% |
| 1945 | 86.84 million constant 2022 US$ | +14.8% |
| 1946 | 77.39 million constant 2022 US$ | -10.9% |
| 1947 | 69.19 million constant 2022 US$ | -10.6% |
| 1948 | 66.91 million constant 2022 US$ | -3.3% |
| 1949 | 98.32 million constant 2022 US$ | +46.9% |
| 1950 | 111.93 million constant 2022 US$ | +13.8% |
| 1951 | 118.47 million constant 2022 US$ | +5.8% |
| 1952 | 148.16 million constant 2022 US$ | +25.1% |
| 1953 | 132.82 million constant 2022 US$ | -10.4% |
| 1954 | 30.03 million constant 2022 US$ | -77.4% |
| 1955 | 31.51 million constant 2022 US$ | +4.9% |
| 1956 | 15.84 million constant 2022 US$ | -49.7% |
| 1957 | 19.41 million constant 2022 US$ | +22.6% |
| 1958 | 20.52 million constant 2022 US$ | +5.7% |
| 1959 | 21.55 million constant 2022 US$ | +5.1% |
| 1960 | 28.65 million constant 2022 US$ | +32.9% |
| 1961 | 36.71 million constant 2022 US$ | +28.1% |
| 1962 | 44.80 million constant 2022 US$ | +22.0% |
| 1963 | 67.87 million constant 2022 US$ | +51.5% |
| 1964 | 88.61 million constant 2022 US$ | +30.5% |
| 1965 | 104.45 million constant 2022 US$ | +17.9% |
| 1966 | 106.07 million constant 2022 US$ | +1.5% |
| 1967 | 107.07 million constant 2022 US$ | +0.9% |
| 1968 | 99.89 million constant 2022 US$ | -6.7% |
| 1969 | 104.08 million constant 2022 US$ | +4.2% |
| 1970 | 117.44 million constant 2022 US$ | +12.8% |
| 1971 | 118.32 million constant 2022 US$ | +0.7% |
| 1972 | 139.88 million constant 2022 US$ | +18.2% |
| 1973 | 141.27 million constant 2022 US$ | +1.0% |
| 1974 | 172.65 million constant 2022 US$ | +22.2% |
| 1975 | 224.76 million constant 2022 US$ | +30.2% |
| 1976 | 239.71 million constant 2022 US$ | +6.6% |
| 1977 | 252.53 million constant 2022 US$ | +5.3% |
| 1978 | 287.99 million constant 2022 US$ | +14.0% |
| 1979 | 333.10 million constant 2022 US$ | +15.7% |
| 1980 | 352.74 million constant 2022 US$ | +5.9% |
| 1981 | 378.16 million constant 2022 US$ | +7.2% |
| 1982 | 301.02 million constant 2022 US$ | -20.4% |
| 1983 | 258.23 million constant 2022 US$ | -14.2% |
| 1984 | 289.66 million constant 2022 US$ | +12.2% |
| 1985 | 293.26 million constant 2022 US$ | +1.2% |
| 1986 | 257.75 million constant 2022 US$ | -12.1% |
| 1987 | 291.90 million constant 2022 US$ | +13.3% |
| 1988 | 287.13 million constant 2022 US$ | -1.6% |
| 1989 | 283.65 million constant 2022 US$ | -1.2% |
| 1990 | 271.95 million constant 2022 US$ | -4.1% |
| 1991 | 240.09 million constant 2022 US$ | -11.7% |
| 1992 | 236.13 million constant 2022 US$ | -1.6% |
| 1993 | 230.08 million constant 2022 US$ | -2.6% |
| 1994 | 240.13 million constant 2022 US$ | +4.4% |
| 1995 | 255.34 million constant 2022 US$ | +6.3% |
| 1996 | 269.18 million constant 2022 US$ | +5.4% |
| 1997 | 275.08 million constant 2022 US$ | +2.2% |
| 1998 | 304.81 million constant 2022 US$ | +10.8% |
| 1999 | 271.43 million constant 2022 US$ | -11.0% |
| 2000 | 257.50 million constant 2022 US$ | -5.1% |
| 2001 | 246.33 million constant 2022 US$ | -4.3% |
| 2002 | 241.80 million constant 2022 US$ | -1.8% |
| 2003 | 227.46 million constant 2022 US$ | -5.9% |
| 2004 | 224.95 million constant 2022 US$ | -1.1% |
| 2005 | 208.81 million constant 2022 US$ | -7.2% |
| 2006 | 218.57 million constant 2022 US$ | +4.7% |
| 2007 | 246.13 million constant 2022 US$ | +12.6% |
| 2008 | 323.81 million constant 2022 US$ | +31.6% |
| 2009 | 363.20 million constant 2022 US$ | +12.2% |
| 2010 | 406.96 million constant 2022 US$ | +12.0% |
| 2011 | 405.28 million constant 2022 US$ | -0.4% |
| 2012 | 448.46 million constant 2022 US$ | +10.7% |
| 2013 | 472.17 million constant 2022 US$ | +5.3% |
| 2014 | 490.77 million constant 2022 US$ | +3.9% |
| 2015 | 513.72 million constant 2022 US$ | +4.7% |
| 2016 | 561.46 million constant 2022 US$ | +9.3% |
| 2017 | 656.10 million constant 2022 US$ | +16.9% |
| 2018 | 645.69 million constant 2022 US$ | -1.6% |
| 2019 | 674.37 million constant 2022 US$ | +4.4% |
| 2020 | 637.46 million constant 2022 US$ | -5.5% |
| 2021 | 663.77 million constant 2022 US$ | +4.1% |
| 2022 | 631.69 million constant 2022 US$ | -4.8% |
| 2023 | 713.62 million constant 2022 US$ | +13.0% |
Bolivia compared with similar countries
- Bolivia's 713.62 million constant 2022 US$ is above the median for lower middle income countries, which is 485.52 million constant 2022 US$, 1.5× the median. (42 countries reporting)
- Bolivia's 713.62 million constant 2022 US$ is above the median for Latin America & Caribbean, which is 509.92 million constant 2022 US$, 1.4× the median. (27 countries reporting)
Biggest year-on-year movements
Years where Military spending in Bolivia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1933 | +424.5% | 43.49 million constant 2022 US$ | 228.09 million constant 2022 US$ |
| 1934 | +94.2% | 228.09 million constant 2022 US$ | 443.01 million constant 2022 US$ |
| 1936 | -86.2% | 512.60 million constant 2022 US$ | 70.61 million constant 2022 US$ |
| 1880 | +85.9% | 23.78 million constant 2022 US$ | 44.21 million constant 2022 US$ |
| 1954 | -77.4% | 132.82 million constant 2022 US$ | 30.03 million constant 2022 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1840s | 41.76 million constant 2022 US$ | 41.35 million constant 2022 US$ | 42.18 million constant 2022 US$ | 2 |
| 1850s | 36.81 million constant 2022 US$ | 31.88 million constant 2022 US$ | 40.90 million constant 2022 US$ | 10 |
| 1860s | 21.93 million constant 2022 US$ | 16.73 million constant 2022 US$ | 33.95 million constant 2022 US$ | 10 |
| 1870s | 20.15 million constant 2022 US$ | 17.44 million constant 2022 US$ | 23.92 million constant 2022 US$ | 10 |
| 1880s | 35.45 million constant 2022 US$ | 28.34 million constant 2022 US$ | 44.21 million constant 2022 US$ | 10 |
| 1890s | 21.74 million constant 2022 US$ | 18.39 million constant 2022 US$ | 28.05 million constant 2022 US$ | 10 |
| 1900s | 27.32 million constant 2022 US$ | 24.97 million constant 2022 US$ | 33.18 million constant 2022 US$ | 10 |
| 1910s | 42.91 million constant 2022 US$ | 32.36 million constant 2022 US$ | 55.13 million constant 2022 US$ | 10 |
| 1920s | 35.68 million constant 2022 US$ | 24.63 million constant 2022 US$ | 48.77 million constant 2022 US$ | 10 |
| 1930s | 157.52 million constant 2022 US$ | 43.49 million constant 2022 US$ | 512.60 million constant 2022 US$ | 10 |
| 1940s | 74.97 million constant 2022 US$ | 63.45 million constant 2022 US$ | 98.32 million constant 2022 US$ | 10 |
| 1950s | 65.02 million constant 2022 US$ | 15.84 million constant 2022 US$ | 148.16 million constant 2022 US$ | 10 |
| 1960s | 78.82 million constant 2022 US$ | 28.65 million constant 2022 US$ | 107.07 million constant 2022 US$ | 10 |
| 1970s | 202.76 million constant 2022 US$ | 117.44 million constant 2022 US$ | 333.10 million constant 2022 US$ | 10 |
| 1980s | 299.35 million constant 2022 US$ | 257.75 million constant 2022 US$ | 378.16 million constant 2022 US$ | 10 |
| 1990s | 259.42 million constant 2022 US$ | 230.08 million constant 2022 US$ | 304.81 million constant 2022 US$ | 10 |
| 2000s | 255.86 million constant 2022 US$ | 208.81 million constant 2022 US$ | 363.20 million constant 2022 US$ | 10 |
| 2010s | 527.50 million constant 2022 US$ | 405.28 million constant 2022 US$ | 674.37 million constant 2022 US$ | 10 |
| 2020s | 661.63 million constant 2022 US$ | 631.69 million constant 2022 US$ | 713.62 million constant 2022 US$ | 4 |
Countries ranked near Bolivia
- 94 Sudan 809.71 million constant 2022 US$ compare
- 95 Cote d'Ivoire 800.77 million constant 2022 US$ compare
- 96 Burkina Faso 793.65 million constant 2022 US$ compare
- 98 Cyprus 662.13 million constant 2022 US$ compare
- 99 Luxembourg 641.81 million constant 2022 US$ compare
- 100 Democratic Republic of Congo 640.30 million constant 2022 US$ compare
More reference data data for Bolivia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.7329 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.91 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 5.22 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3892 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 5.22 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.46 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.33 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 18.39 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 25.12 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.12 (2050)
Frequently asked questions
- What is military spending in Bolivia?
- Military spending in Bolivia was 713.62 million constant 2022 US$ in 2023, according to Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Bolivia?
- The highest recorded value was 713.62 million constant 2022 US$ in 2023.
- What is the lowest military spending recorded in Bolivia?
- The lowest recorded value was 15.84 million constant 2022 US$ in 1956.
- How does Bolivia rank for military spending?
- Bolivia ranks 97th out of 172 countries with data for 2023.
- Is military spending rising or falling in Bolivia?
- Over the last ten years it is up 51.1%. The long-run trend across the full record is volatile.
- Where does this Bolivia data come from?
- The figures come from Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.
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About this data
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.