Military spending in Bolivia
Bolivia: Military spending was 713.62 million constant 2022 US$ in 2023. ◆ Volatile
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$, in 1956.
Bolivia ranks 97th of 172 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1840s | 41.76 million constant 2022 US$ | 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
- 100 Democratic Republic of Congo 640.30 million constant 2022 US$ compare
More reference data data for Bolivia
- Spring temperature anomalies 0.5735 °C (2026)
- Summer temperature anomalies -0.2559 °C (2026)
- Temperature anomalies by month 0.4786 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 1.54 °C (2025)
- Winter temperature anomalies -0.1506 °C (2025)
- Consumer price index 197.72 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
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.