Military spending in Chile
Chile: Military spending was 6.31 billion constant 2022 US$ in 2023. ◆ Volatile
Latest (2023)
6.31 billion constant 2022 US$
Change on year
up 3.4%
World rank
45th
of 172 countries
All-time high
6.31 billion constant 2022 US$
in 2023
All-time low
16.82 million constant 2022 US$
in 1893
Years of data
185
1839–2023
Military spending in Chile, 1839–2023
Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.
Analysis
The most recent figure for military spending in Chile is 6.31 billion constant 2022 US$, measured in 2023. That is the highest value across all 185 years on record.
Compared with earlier readings it is up 3.4% on the previous year and up 26.0% over ten years.
Over the whole period, military spending in Chile peaked at 6.31 billion constant 2022 US$ in 2023 and was at its lowest, 16.82 million constant 2022 US$, in 1893.
Chile ranks 45th of 172 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending in Chile, year by year
| Year | constant 2022 US$ | Change |
|---|---|---|
| 1839 | 41.75 million constant 2022 US$ | — |
| 1840 | 48.14 million constant 2022 US$ | +15.3% |
| 1841 | 48.06 million constant 2022 US$ | -0.2% |
| 1842 | 51.81 million constant 2022 US$ | +7.8% |
| 1843 | 51.82 million constant 2022 US$ | +0.0% |
| 1844 | 52.16 million constant 2022 US$ | +0.6% |
| 1845 | 52.11 million constant 2022 US$ | -0.1% |
| 1846 | 53.93 million constant 2022 US$ | +3.5% |
| 1847 | 49.46 million constant 2022 US$ | -8.3% |
| 1848 | 54.88 million constant 2022 US$ | +11.0% |
| 1849 | 54.84 million constant 2022 US$ | -0.1% |
| 1850 | 51.62 million constant 2022 US$ | -5.9% |
| 1851 | 51.92 million constant 2022 US$ | +0.6% |
| 1852 | 49.86 million constant 2022 US$ | -4.0% |
| 1853 | 50.91 million constant 2022 US$ | +2.1% |
| 1854 | 49.78 million constant 2022 US$ | -2.2% |
| 1855 | 51.62 million constant 2022 US$ | +3.7% |
| 1856 | 55.98 million constant 2022 US$ | +8.4% |
| 1857 | 57.85 million constant 2022 US$ | +3.3% |
| 1858 | 64.58 million constant 2022 US$ | +11.6% |
| 1859 | 72.35 million constant 2022 US$ | +12.0% |
| 1860 | 76.71 million constant 2022 US$ | +6.0% |
| 1861 | 64.52 million constant 2022 US$ | -15.9% |
| 1862 | 65.14 million constant 2022 US$ | +1.0% |
| 1863 | 60.69 million constant 2022 US$ | -6.8% |
| 1864 | 63.42 million constant 2022 US$ | +4.5% |
| 1865 | 46.18 million constant 2022 US$ | -27.2% |
| 1866 | 47.54 million constant 2022 US$ | +2.9% |
| 1867 | 49.75 million constant 2022 US$ | +4.6% |
| 1868 | 56.58 million constant 2022 US$ | +13.7% |
| 1869 | 56.76 million constant 2022 US$ | +0.3% |
| 1870 | 55.12 million constant 2022 US$ | -2.9% |
| 1871 | 57.77 million constant 2022 US$ | +4.8% |
| 1872 | 62.51 million constant 2022 US$ | +8.2% |
| 1873 | 71.06 million constant 2022 US$ | +13.7% |
| 1874 | 67.76 million constant 2022 US$ | -4.6% |
| 1875 | 72.18 million constant 2022 US$ | +6.5% |
| 1876 | 73.89 million constant 2022 US$ | +2.4% |
| 1877 | 68.58 million constant 2022 US$ | -7.2% |
| 1878 | 79.91 million constant 2022 US$ | +16.5% |
| 1879 | 79.45 million constant 2022 US$ | -0.6% |
| 1880 | 75.61 million constant 2022 US$ | -4.8% |
| 1881 | 81.42 million constant 2022 US$ | +7.7% |
| 1882 | 44.00 million constant 2022 US$ | -46.0% |
| 1883 | 36.91 million constant 2022 US$ | -16.1% |
| 1884 | 34.90 million constant 2022 US$ | -5.5% |
| 1885 | 20.85 million constant 2022 US$ | -40.2% |
| 1886 | 19.92 million constant 2022 US$ | -4.5% |
| 1887 | 17.12 million constant 2022 US$ | -14.0% |
| 1888 | 19.74 million constant 2022 US$ | +15.3% |
| 1889 | 22.83 million constant 2022 US$ | +15.6% |
| 1890 | 24.65 million constant 2022 US$ | +8.0% |
| 1891 | 19.75 million constant 2022 US$ | -19.9% |
| 1892 | 17.99 million constant 2022 US$ | -8.9% |
| 1893 | 16.82 million constant 2022 US$ | -6.5% |
| 1894 | 17.35 million constant 2022 US$ | +3.1% |
| 1895 | 143.61 million constant 2022 US$ | +727.7% |
| 1896 | 164.29 million constant 2022 US$ | +14.4% |
| 1897 | 184.64 million constant 2022 US$ | +12.4% |
| 1898 | 199.98 million constant 2022 US$ | +8.3% |
| 1899 | 202.31 million constant 2022 US$ | +1.2% |
| 1900 | 201.30 million constant 2022 US$ | -0.5% |
| 1901 | 211.60 million constant 2022 US$ | +5.1% |
| 1902 | 226.77 million constant 2022 US$ | +7.2% |
| 1903 | 224.66 million constant 2022 US$ | -0.9% |
| 1904 | 230.64 million constant 2022 US$ | +2.7% |
| 1905 | 251.83 million constant 2022 US$ | +9.2% |
| 1906 | 270.28 million constant 2022 US$ | +7.3% |
| 1907 | 269.45 million constant 2022 US$ | -0.3% |
| 1908 | 258.73 million constant 2022 US$ | -4.0% |
| 1909 | 387.48 million constant 2022 US$ | +49.8% |
| 1910 | 404.96 million constant 2022 US$ | +4.5% |
| 1911 | 438.21 million constant 2022 US$ | +8.2% |
| 1912 | 452.25 million constant 2022 US$ | +3.2% |
| 1913 | 492.13 million constant 2022 US$ | +8.8% |
| 1914 | 353.92 million constant 2022 US$ | -28.1% |
| 1915 | 344.18 million constant 2022 US$ | -2.8% |
| 1916 | 322.45 million constant 2022 US$ | -6.3% |
| 1917 | 285.05 million constant 2022 US$ | -11.6% |
| 1918 | 245.86 million constant 2022 US$ | -13.7% |
| 1919 | 217.80 million constant 2022 US$ | -11.4% |
| 1920 | 179.41 million constant 2022 US$ | -17.6% |
| 1921 | 242.70 million constant 2022 US$ | +35.3% |
| 1922 | 221.08 million constant 2022 US$ | -8.9% |
| 1923 | 222.10 million constant 2022 US$ | +0.5% |
| 1924 | 217.10 million constant 2022 US$ | -2.3% |
| 1925 | 251.74 million constant 2022 US$ | +16.0% |
| 1926 | 304.04 million constant 2022 US$ | +20.8% |
| 1927 | 337.86 million constant 2022 US$ | +11.1% |
| 1928 | 343.90 million constant 2022 US$ | +1.8% |
| 1929 | 354.39 million constant 2022 US$ | +3.0% |
| 1930 | 316.74 million constant 2022 US$ | -10.6% |
| 1931 | 310.21 million constant 2022 US$ | -2.1% |
| 1932 | 269.21 million constant 2022 US$ | -13.2% |
| 1933 | 219.27 million constant 2022 US$ | -18.6% |
| 1934 | 238.55 million constant 2022 US$ | +8.8% |
| 1935 | 244.69 million constant 2022 US$ | +2.6% |
| 1936 | 253.23 million constant 2022 US$ | +3.5% |
| 1937 | 276.00 million constant 2022 US$ | +9.0% |
| 1938 | 319.09 million constant 2022 US$ | +15.6% |
| 1939 | 354.13 million constant 2022 US$ | +11.0% |
| 1940 | 493.46 million constant 2022 US$ | +39.3% |
| 1941 | 579.81 million constant 2022 US$ | +17.5% |
| 1942 | 641.96 million constant 2022 US$ | +10.7% |
| 1943 | 738.53 million constant 2022 US$ | +15.0% |
| 1944 | 844.94 million constant 2022 US$ | +14.4% |
| 1945 | 992.25 million constant 2022 US$ | +17.4% |
| 1946 | 824.36 million constant 2022 US$ | -16.9% |
| 1947 | 755.63 million constant 2022 US$ | -8.3% |
| 1948 | 775.51 million constant 2022 US$ | +2.6% |
| 1949 | 968.30 million constant 2022 US$ | +24.9% |
| 1950 | 981.50 million constant 2022 US$ | +1.4% |
| 1951 | 1.06 billion constant 2022 US$ | +7.7% |
| 1952 | 1.26 billion constant 2022 US$ | +19.1% |
| 1953 | 1.37 billion constant 2022 US$ | +9.0% |
| 1954 | 988.87 million constant 2022 US$ | -28.0% |
| 1955 | 1.03 billion constant 2022 US$ | +4.1% |
| 1956 | 1.08 billion constant 2022 US$ | +5.1% |
| 1957 | 992.94 million constant 2022 US$ | -8.2% |
| 1958 | 874.50 million constant 2022 US$ | -11.9% |
| 1959 | 727.72 million constant 2022 US$ | -16.8% |
| 1960 | 725.62 million constant 2022 US$ | -0.3% |
| 1961 | 851.77 million constant 2022 US$ | +17.4% |
| 1962 | 916.65 million constant 2022 US$ | +7.6% |
| 1963 | 825.41 million constant 2022 US$ | -10.0% |
| 1964 | 867.21 million constant 2022 US$ | +5.1% |
| 1965 | 918.64 million constant 2022 US$ | +5.9% |
| 1966 | 844.48 million constant 2022 US$ | -8.1% |
| 1967 | 830.03 million constant 2022 US$ | -1.7% |
| 1968 | 781.13 million constant 2022 US$ | -5.9% |
| 1969 | 773.09 million constant 2022 US$ | -1.0% |
| 1970 | 986.51 million constant 2022 US$ | +27.6% |
| 1971 | 1.19 billion constant 2022 US$ | +20.4% |
| 1972 | 1.28 billion constant 2022 US$ | +7.7% |
| 1973 | 1.57 billion constant 2022 US$ | +23.0% |
| 1974 | 2.00 billion constant 2022 US$ | +27.0% |
| 1975 | 1.53 billion constant 2022 US$ | -23.5% |
| 1976 | 1.34 billion constant 2022 US$ | -12.6% |
| 1977 | 1.62 billion constant 2022 US$ | +21.1% |
| 1978 | 2.15 billion constant 2022 US$ | +33.2% |
| 1979 | 2.79 billion constant 2022 US$ | +29.4% |
| 1980 | 3.40 billion constant 2022 US$ | +21.9% |
| 1981 | 3.41 billion constant 2022 US$ | +0.4% |
| 1982 | 3.10 billion constant 2022 US$ | -9.2% |
| 1983 | 2.78 billion constant 2022 US$ | -10.2% |
| 1984 | 2.56 billion constant 2022 US$ | -8.0% |
| 1985 | 2.13 billion constant 2022 US$ | -16.6% |
| 1986 | 1.82 billion constant 2022 US$ | -14.9% |
| 1987 | 1.82 billion constant 2022 US$ | +0.4% |
| 1988 | 1.71 billion constant 2022 US$ | -6.4% |
| 1989 | 1.60 billion constant 2022 US$ | -6.0% |
| 1990 | 1.56 billion constant 2022 US$ | -2.9% |
| 1991 | 1.67 billion constant 2022 US$ | +7.4% |
| 1992 | 1.93 billion constant 2022 US$ | +15.3% |
| 1993 | 2.03 billion constant 2022 US$ | +5.5% |
| 1994 | 2.58 billion constant 2022 US$ | +27.1% |
| 1995 | 3.03 billion constant 2022 US$ | +17.4% |
| 1996 | 3.10 billion constant 2022 US$ | +2.0% |
| 1997 | 3.75 billion constant 2022 US$ | +21.0% |
| 1998 | 3.92 billion constant 2022 US$ | +4.7% |
| 1999 | 3.75 billion constant 2022 US$ | -4.6% |
| 2000 | 3.93 billion constant 2022 US$ | +4.9% |
| 2001 | 3.94 billion constant 2022 US$ | +0.3% |
| 2002 | 3.84 billion constant 2022 US$ | -2.6% |
| 2003 | 3.88 billion constant 2022 US$ | +1.1% |
| 2004 | 4.61 billion constant 2022 US$ | +18.8% |
| 2005 | 4.91 billion constant 2022 US$ | +6.5% |
| 2006 | 5.69 billion constant 2022 US$ | +15.8% |
| 2007 | 6.13 billion constant 2022 US$ | +7.8% |
| 2008 | 6.18 billion constant 2022 US$ | +0.8% |
| 2009 | 5.75 billion constant 2022 US$ | -7.1% |
| 2010 | 5.13 billion constant 2022 US$ | -10.7% |
| 2011 | 5.24 billion constant 2022 US$ | +2.2% |
| 2012 | 5.18 billion constant 2022 US$ | -1.3% |
| 2013 | 5.00 billion constant 2022 US$ | -3.3% |
| 2014 | 4.82 billion constant 2022 US$ | -3.7% |
| 2015 | 4.46 billion constant 2022 US$ | -7.3% |
| 2016 | 4.51 billion constant 2022 US$ | +1.1% |
| 2017 | 5.26 billion constant 2022 US$ | +16.5% |
| 2018 | 5.66 billion constant 2022 US$ | +7.7% |
| 2019 | 6.25 billion constant 2022 US$ | +10.4% |
| 2020 | 6.24 billion constant 2022 US$ | -0.2% |
| 2021 | 5.96 billion constant 2022 US$ | -4.4% |
| 2022 | 6.10 billion constant 2022 US$ | +2.2% |
| 2023 | 6.31 billion constant 2022 US$ | +3.4% |
Chile compared with similar countries
- Chile's 6.31 billion constant 2022 US$ is below the median for high income countries, which is 6.50 billion constant 2022 US$, 97% of the median. (55 countries reporting)
- Chile's 6.31 billion constant 2022 US$ is above the median for Latin America & Caribbean, which is 509.92 million constant 2022 US$, 12.4× the median. (27 countries reporting)
Biggest year-on-year movements
Years where Military spending in Chile changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1895 | +727.7% | 17.35 million constant 2022 US$ | 143.61 million constant 2022 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1830s | 41.75 million constant 2022 US$ | 41.75 million constant 2022 US$ | 41.75 million constant 2022 US$ | 1 |
| 1840s | 51.72 million constant 2022 US$ | 48.06 million constant 2022 US$ | 54.88 million constant 2022 US$ | 10 |
| 1850s | 55.65 million constant 2022 US$ | 49.78 million constant 2022 US$ | 72.35 million constant 2022 US$ | 10 |
| 1860s | 58.73 million constant 2022 US$ | 46.18 million constant 2022 US$ | 76.71 million constant 2022 US$ | 10 |
| 1870s | 68.82 million constant 2022 US$ | 55.12 million constant 2022 US$ | 79.91 million constant 2022 US$ | 10 |
| 1880s | 37.33 million constant 2022 US$ | 17.12 million constant 2022 US$ | 81.42 million constant 2022 US$ | 10 |
| 1890s | 99.14 million constant 2022 US$ | 16.82 million constant 2022 US$ | 202.31 million constant 2022 US$ | 10 |
| 1900s | 253.27 million constant 2022 US$ | 201.30 million constant 2022 US$ | 387.48 million constant 2022 US$ | 10 |
| 1910s | 355.68 million constant 2022 US$ | 217.80 million constant 2022 US$ | 492.13 million constant 2022 US$ | 10 |
| 1920s | 267.43 million constant 2022 US$ | 179.41 million constant 2022 US$ | 354.39 million constant 2022 US$ | 10 |
| 1930s | 280.11 million constant 2022 US$ | 219.27 million constant 2022 US$ | 354.13 million constant 2022 US$ | 10 |
| 1940s | 761.47 million constant 2022 US$ | 493.46 million constant 2022 US$ | 992.25 million constant 2022 US$ | 10 |
| 1950s | 1.04 billion constant 2022 US$ | 727.72 million constant 2022 US$ | 1.37 billion constant 2022 US$ | 10 |
| 1960s | 833.40 million constant 2022 US$ | 725.62 million constant 2022 US$ | 918.64 million constant 2022 US$ | 10 |
| 1970s | 1.64 billion constant 2022 US$ | 986.51 million constant 2022 US$ | 2.79 billion constant 2022 US$ | 10 |
| 1980s | 2.43 billion constant 2022 US$ | 1.60 billion constant 2022 US$ | 3.41 billion constant 2022 US$ | 10 |
| 1990s | 2.73 billion constant 2022 US$ | 1.56 billion constant 2022 US$ | 3.92 billion constant 2022 US$ | 10 |
| 2000s | 4.89 billion constant 2022 US$ | 3.84 billion constant 2022 US$ | 6.18 billion constant 2022 US$ | 10 |
| 2010s | 5.15 billion constant 2022 US$ | 4.46 billion constant 2022 US$ | 6.25 billion constant 2022 US$ | 10 |
| 2020s | 6.15 billion constant 2022 US$ | 5.96 billion constant 2022 US$ | 6.31 billion constant 2022 US$ | 4 |
Countries ranked near Chile
- 42 Romania 6.50 billion constant 2022 US$ compare
- 43 Iraq 6.46 billion constant 2022 US$ compare
- 44 Philippines 6.33 billion constant 2022 US$ compare
- 46 Morocco 6.18 billion constant 2022 US$ compare
- 47 Bangladesh 5.34 billion constant 2022 US$ compare
- 48 Czechia 5.11 billion constant 2022 US$ compare
More reference data data for Chile
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9268 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.22 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 5.33 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2204 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 5.33 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.11 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.46 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 11.45 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 25.25 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.2 (2050)
Frequently asked questions
- What is military spending in Chile?
- Military spending in Chile was 6.31 billion 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 Chile?
- The highest recorded value was 6.31 billion constant 2022 US$ in 2023.
- What is the lowest military spending recorded in Chile?
- The lowest recorded value was 16.82 million constant 2022 US$ in 1893.
- How does Chile rank for military spending?
- Chile ranks 45th out of 172 countries with data for 2023.
- Is military spending rising or falling in Chile?
- Over the last ten years it is up 26.0%. The long-run trend across the full record is volatile.
- Where does this Chile 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.
Download this data
CSV · JSON — 185 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.