Military spending in Colombia

Colombia: Military spending was 12.36 billion constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
12.36 billion constant 2022 US$
Change on year
up 1.3%
World rank
27th
of 172 countries
All-time high
13.24 billion constant 2022 US$
in 2019
All-time low
7.96 million constant 2022 US$
in 1866
Years of data
193
1831–2023

Military spending in Colombia, 1831–2023

05.0B10.0B15.0B183119272023

Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

In 2023, military spending in Colombia stood at 12.36 billion constant 2022 US$.

The figure is up 1.3% on the previous year and up 7.8% over ten years.

Over the whole period, military spending in Colombia peaked at 13.24 billion constant 2022 US$ in 2019 and was at its lowest, 7.96 million constant 2022 US$, in 1866.

That places Colombia 27th out of 172 countries with data for 2023, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending in Colombia, year by year

Annual values for Military spending in Colombia, 1831 to 2023.
Year constant 2022 US$ Change
1831 62.54 million constant 2022 US$
1832 61.57 million constant 2022 US$ -1.5%
1833 68.02 million constant 2022 US$ +10.5%
1834 62.27 million constant 2022 US$ -8.5%
1835 63.27 million constant 2022 US$ +1.6%
1836 56.99 million constant 2022 US$ -9.9%
1837 57.83 million constant 2022 US$ +1.5%
1838 61.24 million constant 2022 US$ +5.9%
1839 61.21 million constant 2022 US$ -0.0%
1840 69.99 million constant 2022 US$ +14.3%
1841 69.33 million constant 2022 US$ -0.9%
1842 71.56 million constant 2022 US$ +3.2%
1843 74.14 million constant 2022 US$ +3.6%
1844 73.43 million constant 2022 US$ -1.0%
1845 66.07 million constant 2022 US$ -10.0%
1846 67.29 million constant 2022 US$ +1.8%
1847 58.60 million constant 2022 US$ -12.9%
1848 59.77 million constant 2022 US$ +2.0%
1849 57.04 million constant 2022 US$ -4.6%
1850 50.44 million constant 2022 US$ -11.6%
1851 48.01 million constant 2022 US$ -4.8%
1852 46.62 million constant 2022 US$ -2.9%
1853 42.92 million constant 2022 US$ -7.9%
1854 39.67 million constant 2022 US$ -7.6%
1855 36.41 million constant 2022 US$ -8.2%
1856 32.83 million constant 2022 US$ -9.9%
1857 28.06 million constant 2022 US$ -14.5%
1858 27.76 million constant 2022 US$ -1.1%
1859 27.14 million constant 2022 US$ -2.2%
1860 24.55 million constant 2022 US$ -9.5%
1861 18.93 million constant 2022 US$ -22.9%
1862 16.61 million constant 2022 US$ -12.3%
1863 13.15 million constant 2022 US$ -20.8%
1864 12.22 million constant 2022 US$ -7.1%
1865 8.16 million constant 2022 US$ -33.2%
1866 7.96 million constant 2022 US$ -2.5%
1867 9.52 million constant 2022 US$ +19.5%
1868 9.49 million constant 2022 US$ -0.2%
1869 11.20 million constant 2022 US$ +17.9%
1870 9.50 million constant 2022 US$ -15.1%
1871 10.11 million constant 2022 US$ +6.4%
1872 11.96 million constant 2022 US$ +18.3%
1873 13.45 million constant 2022 US$ +12.5%
1874 11.33 million constant 2022 US$ -15.8%
1875 9.47 million constant 2022 US$ -16.4%
1876 10.87 million constant 2022 US$ +14.8%
1877 24.59 million constant 2022 US$ +126.3%
1878 27.00 million constant 2022 US$ +9.8%
1879 25.01 million constant 2022 US$ -7.3%
1880 23.00 million constant 2022 US$ -8.0%
1881 25.36 million constant 2022 US$ +10.2%
1882 32.54 million constant 2022 US$ +28.3%
1883 31.36 million constant 2022 US$ -3.6%
1884 34.19 million constant 2022 US$ +9.0%
1885 31.80 million constant 2022 US$ -7.0%
1886 33.17 million constant 2022 US$ +4.3%
1887 29.86 million constant 2022 US$ -10.0%
1888 32.35 million constant 2022 US$ +8.4%
1889 31.09 million constant 2022 US$ -3.9%
1890 32.94 million constant 2022 US$ +6.0%
1891 27.79 million constant 2022 US$ -15.7%
1892 28.71 million constant 2022 US$ +3.3%
1893 27.15 million constant 2022 US$ -5.4%
1894 27.76 million constant 2022 US$ +2.2%
1895 28.66 million constant 2022 US$ +3.3%
1896 26.81 million constant 2022 US$ -6.5%
1897 26.50 million constant 2022 US$ -1.2%
1898 25.66 million constant 2022 US$ -3.2%
1899 63.91 million constant 2022 US$ +149.0%
1900 67.21 million constant 2022 US$ +5.2%
1901 39.91 million constant 2022 US$ -40.6%
1902 39.93 million constant 2022 US$ +0.1%
1903 42.36 million constant 2022 US$ +6.1%
1904 44.67 million constant 2022 US$ +5.5%
1905 43.62 million constant 2022 US$ -2.3%
1906 49.12 million constant 2022 US$ +12.6%
1907 52.04 million constant 2022 US$ +5.9%
1908 55.86 million constant 2022 US$ +7.3%
1909 58.09 million constant 2022 US$ +4.0%
1910 54.74 million constant 2022 US$ -5.8%
1911 54.05 million constant 2022 US$ -1.3%
1912 53.66 million constant 2022 US$ -0.7%
1913 59.39 million constant 2022 US$ +10.7%
1914 53.10 million constant 2022 US$ -10.6%
1915 58.43 million constant 2022 US$ +10.0%
1916 57.08 million constant 2022 US$ -2.3%
1917 51.13 million constant 2022 US$ -10.4%
1918 46.47 million constant 2022 US$ -9.1%
1919 38.77 million constant 2022 US$ -16.6%
1920 38.40 million constant 2022 US$ -1.0%
1921 48.29 million constant 2022 US$ +25.8%
1922 49.98 million constant 2022 US$ +3.5%
1923 44.90 million constant 2022 US$ -10.2%
1924 43.17 million constant 2022 US$ -3.9%
1925 49.70 million constant 2022 US$ +15.1%
1926 58.92 million constant 2022 US$ +18.6%
1927 75.47 million constant 2022 US$ +28.1%
1928 86.36 million constant 2022 US$ +14.4%
1929 86.31 million constant 2022 US$ -0.0%
1930 73.36 million constant 2022 US$ -15.0%
1931 70.09 million constant 2022 US$ -4.5%
1932 75.91 million constant 2022 US$ +8.3%
1933 87.42 million constant 2022 US$ +15.2%
1934 112.29 million constant 2022 US$ +28.5%
1935 111.60 million constant 2022 US$ -0.6%
1936 123.29 million constant 2022 US$ +10.5%
1937 124.29 million constant 2022 US$ +0.8%
1938 148.82 million constant 2022 US$ +19.7%
1939 189.17 million constant 2022 US$ +27.1%
1940 171.06 million constant 2022 US$ -9.6%
1941 159.22 million constant 2022 US$ -6.9%
1942 151.15 million constant 2022 US$ -5.1%
1943 143.79 million constant 2022 US$ -4.9%
1944 175.34 million constant 2022 US$ +21.9%
1945 208.12 million constant 2022 US$ +18.7%
1946 198.57 million constant 2022 US$ -4.6%
1947 201.91 million constant 2022 US$ +1.7%
1948 333.05 million constant 2022 US$ +64.9%
1949 396.12 million constant 2022 US$ +18.9%
1950 199.03 million constant 2022 US$ -49.8%
1951 453.89 million constant 2022 US$ +128.0%
1952 563.99 million constant 2022 US$ +24.3%
1953 736.36 million constant 2022 US$ +30.6%
1954 927.36 million constant 2022 US$ +25.9%
1955 909.72 million constant 2022 US$ -1.9%
1956 961.05 million constant 2022 US$ +5.6%
1957 718.48 million constant 2022 US$ -25.2%
1958 437.85 million constant 2022 US$ -39.1%
1959 387.29 million constant 2022 US$ -11.5%
1960 420.83 million constant 2022 US$ +8.7%
1961 521.30 million constant 2022 US$ +23.9%
1962 682.69 million constant 2022 US$ +31.0%
1963 742.98 million constant 2022 US$ +8.8%
1964 824.48 million constant 2022 US$ +11.0%
1965 847.91 million constant 2022 US$ +2.8%
1966 737.94 million constant 2022 US$ -13.0%
1967 672.02 million constant 2022 US$ -8.9%
1968 678.32 million constant 2022 US$ +0.9%
1969 642.49 million constant 2022 US$ -5.3%
1970 705.99 million constant 2022 US$ +9.9%
1971 969.28 million constant 2022 US$ +37.3%
1972 626.90 million constant 2022 US$ -35.3%
1973 541.77 million constant 2022 US$ -13.6%
1974 541.09 million constant 2022 US$ -0.1%
1975 576.52 million constant 2022 US$ +6.5%
1976 542.81 million constant 2022 US$ -5.8%
1977 552.97 million constant 2022 US$ +1.9%
1978 610.40 million constant 2022 US$ +10.4%
1979 748.97 million constant 2022 US$ +22.7%
1980 742.57 million constant 2022 US$ -0.9%
1981 862.49 million constant 2022 US$ +16.1%
1982 986.65 million constant 2022 US$ +14.4%
1983 1.02 billion constant 2022 US$ +3.5%
1984 1.05 billion constant 2022 US$ +2.5%
1985 975.27 million constant 2022 US$ -6.8%
1986 1.00 billion constant 2022 US$ +2.6%
1987 925.85 million constant 2022 US$ -7.5%
1988 977.30 million constant 2022 US$ +5.6%
1989 1.17 billion constant 2022 US$ +19.3%
1990 1.66 billion constant 2022 US$ +42.4%
1991 1.99 billion constant 2022 US$ +20.0%
1992 1.94 billion constant 2022 US$ -2.6%
1993 2.23 billion constant 2022 US$ +14.8%
1994 2.58 billion constant 2022 US$ +15.7%
1995 3.44 billion constant 2022 US$ +33.4%
1996 4.93 billion constant 2022 US$ +43.5%
1997 4.38 billion constant 2022 US$ -11.2%
1998 4.43 billion constant 2022 US$ +1.2%
1999 3.94 billion constant 2022 US$ -11.1%
2000 4.80 billion constant 2022 US$ +22.0%
2001 4.71 billion constant 2022 US$ -1.9%
2002 4.62 billion constant 2022 US$ -1.9%
2003 4.86 billion constant 2022 US$ +5.3%
2004 5.60 billion constant 2022 US$ +15.2%
2005 6.69 billion constant 2022 US$ +19.5%
2006 6.58 billion constant 2022 US$ -1.7%
2007 9.28 billion constant 2022 US$ +41.2%
2008 10.94 billion constant 2022 US$ +17.8%
2009 10.28 billion constant 2022 US$ -6.0%
2010 9.94 billion constant 2022 US$ -3.3%
2011 8.86 billion constant 2022 US$ -10.9%
2012 9.52 billion constant 2022 US$ +7.4%
2013 11.47 billion constant 2022 US$ +20.5%
2014 13.08 billion constant 2022 US$ +14.0%
2015 11.89 billion constant 2022 US$ -9.1%
2016 10.88 billion constant 2022 US$ -8.4%
2017 12.07 billion constant 2022 US$ +10.9%
2018 12.22 billion constant 2022 US$ +1.2%
2019 13.24 billion constant 2022 US$ +8.3%
2020 12.53 billion constant 2022 US$ -5.3%
2021 12.18 billion constant 2022 US$ -2.8%
2022 12.20 billion constant 2022 US$ +0.2%
2023 12.36 billion constant 2022 US$ +1.3%

Colombia compared with similar countries

  • Colombia's 12.36 billion constant 2022 US$ is above the median for upper middle income countries, which is 1.25 billion constant 2022 US$, 9.9× the median. (49 countries reporting)
  • Colombia's 12.36 billion constant 2022 US$ is above the median for Latin America & Caribbean, which is 509.92 million constant 2022 US$, 24.2× the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending in Colombia 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.

YearChange FromTo
1899 +149.0% 25.66 million constant 2022 US$ 63.91 million constant 2022 US$
1951 +128.0% 199.03 million constant 2022 US$ 453.89 million constant 2022 US$
1877 +126.3% 10.87 million constant 2022 US$ 24.59 million constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1830s 61.66 million constant 2022 US$ 56.99 million constant 2022 US$ 68.02 million constant 2022 US$ 9
1840s 66.72 million constant 2022 US$ 57.04 million constant 2022 US$ 74.14 million constant 2022 US$ 10
1850s 37.99 million constant 2022 US$ 27.14 million constant 2022 US$ 50.44 million constant 2022 US$ 10
1860s 13.18 million constant 2022 US$ 7.96 million constant 2022 US$ 24.55 million constant 2022 US$ 10
1870s 15.33 million constant 2022 US$ 9.47 million constant 2022 US$ 27.00 million constant 2022 US$ 10
1880s 30.47 million constant 2022 US$ 23.00 million constant 2022 US$ 34.19 million constant 2022 US$ 10
1890s 31.59 million constant 2022 US$ 25.66 million constant 2022 US$ 63.91 million constant 2022 US$ 10
1900s 49.28 million constant 2022 US$ 39.91 million constant 2022 US$ 67.21 million constant 2022 US$ 10
1910s 52.68 million constant 2022 US$ 38.77 million constant 2022 US$ 59.39 million constant 2022 US$ 10
1920s 58.15 million constant 2022 US$ 38.40 million constant 2022 US$ 86.36 million constant 2022 US$ 10
1930s 111.62 million constant 2022 US$ 70.09 million constant 2022 US$ 189.17 million constant 2022 US$ 10
1940s 213.83 million constant 2022 US$ 143.79 million constant 2022 US$ 396.12 million constant 2022 US$ 10
1950s 629.50 million constant 2022 US$ 199.03 million constant 2022 US$ 961.05 million constant 2022 US$ 10
1960s 677.10 million constant 2022 US$ 420.83 million constant 2022 US$ 847.91 million constant 2022 US$ 10
1970s 641.67 million constant 2022 US$ 541.09 million constant 2022 US$ 969.28 million constant 2022 US$ 10
1980s 970.43 million constant 2022 US$ 742.57 million constant 2022 US$ 1.17 billion constant 2022 US$ 10
1990s 3.15 billion constant 2022 US$ 1.66 billion constant 2022 US$ 4.93 billion constant 2022 US$ 10
2000s 6.84 billion constant 2022 US$ 4.62 billion constant 2022 US$ 10.94 billion constant 2022 US$ 10
2010s 11.32 billion constant 2022 US$ 8.86 billion constant 2022 US$ 13.24 billion constant 2022 US$ 10
2020s 12.32 billion constant 2022 US$ 12.18 billion constant 2022 US$ 12.53 billion constant 2022 US$ 4

Countries ranked near Colombia

  1. 24 Singapore 15.39 billion constant 2022 US$ compare
  2. 25 Qatar 14.38 billion constant 2022 US$ compare
  3. 26 Pakistan 12.37 billion constant 2022 US$ compare
  4. 28 Mexico 12.06 billion constant 2022 US$ compare
  5. 29 Indonesia 11.67 billion constant 2022 US$ compare
  6. 30 Norway 10.47 billion constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is military spending in Colombia?
Military spending in Colombia was 12.36 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 Colombia?
The highest recorded value was 13.24 billion constant 2022 US$ in 2019.
What is the lowest military spending recorded in Colombia?
The lowest recorded value was 7.96 million constant 2022 US$ in 1866.
How does Colombia rank for military spending?
Colombia ranks 27th out of 172 countries with data for 2023.
Is military spending rising or falling in Colombia?
Over the last ten years it is up 7.8%. The long-run trend across the full record is volatile.
Where does this Colombia 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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Military spending in Colombia. 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/stat/military-spending-gmsd/colombia/

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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.