Military spending in Chile
Chile: Military spending was 6.31 billion constant 2022 US$ in 2023. ◆ Volatile
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$, in 1893.
Chile ranks 45th of 172 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1830s | 41.75 million constant 2022 US$ | 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
- Spring temperature anomalies -0.1995 °C (2026)
- Summer temperature anomalies 1.21 °C (2026)
- Temperature anomalies by month 1.32 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.5729 °C (2025)
- Winter temperature anomalies 0.2404 °C (2025)
- Consumer price index 185.48 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 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.