Military spending in Costa Rica

Costa Rica: Military spending was 601.28 million constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
601.28 million constant 2022 US$
Change on year
up 3.8%
World rank
103rd
of 172 countries
All-time high
601.28 million constant 2022 US$
in 2023
All-time low
6.56 million constant 2022 US$
in 1924
Years of data
104
1920–2023

Military spending in Costa Rica, 1920–2023

0200.0M400.0M600.0M192019712023

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 Costa Rica is 601.28 million constant 2022 US$, measured in 2023. That is the highest value across all 104 years on record.

That represents a change of up 3.8% on the previous year and up 31.1% over ten years.

Over the whole period, military spending in Costa Rica peaked at 601.28 million constant 2022 US$ in 2023 and was at its lowest, 6.56 million constant 2022 US$, in 1924.

That places Costa Rica 103rd out of 172 countries with data for 2023, putting it 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 Costa Rica, year by year

Annual values for Military spending in Costa Rica, 1920 to 2023.
Year constant 2022 US$ Change
1920 7.00 million constant 2022 US$
1921 7.63 million constant 2022 US$ +9.1%
1922 6.80 million constant 2022 US$ -10.9%
1923 6.67 million constant 2022 US$ -1.8%
1924 6.56 million constant 2022 US$ -1.7%
1925 7.53 million constant 2022 US$ +14.7%
1926 8.25 million constant 2022 US$ +9.6%
1927 8.65 million constant 2022 US$ +4.9%
1928 9.10 million constant 2022 US$ +5.2%
1929 9.37 million constant 2022 US$ +3.0%
1930 9.38 million constant 2022 US$ +0.1%
1931 9.22 million constant 2022 US$ -1.8%
1932 9.70 million constant 2022 US$ +5.2%
1933 9.13 million constant 2022 US$ -5.9%
1934 9.85 million constant 2022 US$ +7.9%
1935 9.71 million constant 2022 US$ -1.4%
1936 9.08 million constant 2022 US$ -6.5%
1937 8.33 million constant 2022 US$ -8.3%
1938 9.28 million constant 2022 US$ +11.4%
1939 9.34 million constant 2022 US$ +0.6%
1940 11.65 million constant 2022 US$ +24.7%
1941 12.97 million constant 2022 US$ +11.4%
1942 14.28 million constant 2022 US$ +10.1%
1943 15.82 million constant 2022 US$ +10.8%
1944 18.14 million constant 2022 US$ +14.6%
1945 18.66 million constant 2022 US$ +2.9%
1946 15.20 million constant 2022 US$ -18.6%
1947 13.79 million constant 2022 US$ -9.2%
1948 25.45 million constant 2022 US$ +84.5%
1949 15.85 million constant 2022 US$ -37.7%
1950 13.34 million constant 2022 US$ -15.9%
1951 12.99 million constant 2022 US$ -2.6%
1952 14.23 million constant 2022 US$ +9.5%
1953 14.87 million constant 2022 US$ +4.5%
1954 15.40 million constant 2022 US$ +3.6%
1955 17.20 million constant 2022 US$ +11.7%
1956 19.55 million constant 2022 US$ +13.7%
1957 19.73 million constant 2022 US$ +0.9%
1958 19.48 million constant 2022 US$ -1.3%
1959 18.49 million constant 2022 US$ -5.1%
1960 17.77 million constant 2022 US$ -3.9%
1961 18.76 million constant 2022 US$ +5.6%
1962 18.75 million constant 2022 US$ -0.1%
1963 17.93 million constant 2022 US$ -4.4%
1964 17.98 million constant 2022 US$ +0.3%
1965 18.55 million constant 2022 US$ +3.2%
1966 19.03 million constant 2022 US$ +2.6%
1967 20.47 million constant 2022 US$ +7.5%
1968 25.14 million constant 2022 US$ +22.8%
1969 27.44 million constant 2022 US$ +9.1%
1970 27.81 million constant 2022 US$ +1.3%
1971 33.56 million constant 2022 US$ +20.7%
1972 32.98 million constant 2022 US$ -1.7%
1973 34.39 million constant 2022 US$ +4.3%
1974 38.63 million constant 2022 US$ +12.3%
1975 42.43 million constant 2022 US$ +9.8%
1976 50.67 million constant 2022 US$ +19.4%
1977 56.37 million constant 2022 US$ +11.2%
1978 58.42 million constant 2022 US$ +3.6%
1979 62.74 million constant 2022 US$ +7.4%
1980 56.55 million constant 2022 US$ -9.9%
1981 48.94 million constant 2022 US$ -13.4%
1982 47.32 million constant 2022 US$ -3.3%
1983 53.35 million constant 2022 US$ +12.7%
1984 53.71 million constant 2022 US$ +0.7%
1985 54.22 million constant 2022 US$ +0.9%
1986 56.06 million constant 2022 US$ +3.4%
1987 50.99 million constant 2022 US$ -9.0%
1988 50.91 million constant 2022 US$ -0.2%
1989 57.20 million constant 2022 US$ +12.3%
1990 59.55 million constant 2022 US$ +4.1%
1991 62.55 million constant 2022 US$ +5.0%
1992 88.33 million constant 2022 US$ +41.2%
1993 87.81 million constant 2022 US$ -0.6%
1994 75.82 million constant 2022 US$ -13.7%
1995 76.65 million constant 2022 US$ +1.1%
1996 81.79 million constant 2022 US$ +6.7%
1997 91.32 million constant 2022 US$ +11.7%
1998 105.02 million constant 2022 US$ +15.0%
1999 106.89 million constant 2022 US$ +1.8%
2000 122.23 million constant 2022 US$ +14.3%
2001 127.51 million constant 2022 US$ +4.3%
2002 135.38 million constant 2022 US$ +6.2%
2003 137.69 million constant 2022 US$ +1.7%
2004 144.17 million constant 2022 US$ +4.7%
2005 133.69 million constant 2022 US$ -7.3%
2006 152.22 million constant 2022 US$ +13.9%
2007 182.66 million constant 2022 US$ +20.0%
2008 199.22 million constant 2022 US$ +9.1%
2009 232.35 million constant 2022 US$ +16.6%
2010 262.81 million constant 2022 US$ +13.1%
2011 314.01 million constant 2022 US$ +19.5%
2012 386.14 million constant 2022 US$ +23.0%
2013 458.65 million constant 2022 US$ +18.8%
2014 476.81 million constant 2022 US$ +4.0%
2015 476.67 million constant 2022 US$ -0.0%
2016 486.08 million constant 2022 US$ +2.0%
2017 507.34 million constant 2022 US$ +4.4%
2018 543.25 million constant 2022 US$ +7.1%
2019 589.17 million constant 2022 US$ +8.5%
2020 554.57 million constant 2022 US$ -5.9%
2021 561.87 million constant 2022 US$ +1.3%
2022 579.48 million constant 2022 US$ +3.1%
2023 601.28 million constant 2022 US$ +3.8%

Costa Rica compared with similar countries

  • Costa Rica's 601.28 million constant 2022 US$ is below the median for high income countries, which is 6.50 billion constant 2022 US$, 9% of the median. (55 countries reporting)
  • Costa Rica's 601.28 million constant 2022 US$ is above the median for Latin America & Caribbean, which is 509.92 million constant 2022 US$, 1.2× the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending in Costa Rica 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
1948 +84.5% 13.79 million constant 2022 US$ 25.45 million constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1920s 7.76 million constant 2022 US$ 6.56 million constant 2022 US$ 9.37 million constant 2022 US$ 10
1930s 9.30 million constant 2022 US$ 8.33 million constant 2022 US$ 9.85 million constant 2022 US$ 10
1940s 16.18 million constant 2022 US$ 11.65 million constant 2022 US$ 25.45 million constant 2022 US$ 10
1950s 16.53 million constant 2022 US$ 12.99 million constant 2022 US$ 19.73 million constant 2022 US$ 10
1960s 20.18 million constant 2022 US$ 17.77 million constant 2022 US$ 27.44 million constant 2022 US$ 10
1970s 43.80 million constant 2022 US$ 27.81 million constant 2022 US$ 62.74 million constant 2022 US$ 10
1980s 52.92 million constant 2022 US$ 47.32 million constant 2022 US$ 57.20 million constant 2022 US$ 10
1990s 83.57 million constant 2022 US$ 59.55 million constant 2022 US$ 106.89 million constant 2022 US$ 10
2000s 156.71 million constant 2022 US$ 122.23 million constant 2022 US$ 232.35 million constant 2022 US$ 10
2010s 450.09 million constant 2022 US$ 262.81 million constant 2022 US$ 589.17 million constant 2022 US$ 10
2020s 574.30 million constant 2022 US$ 554.57 million constant 2022 US$ 601.28 million constant 2022 US$ 4

Countries ranked near Costa Rica

  1. 100 Democratic Republic of Congo 640.30 million constant 2022 US$ compare
  2. 101 Botswana 639.15 million constant 2022 US$ compare
  3. 102 Turkmenistan 609.92 million constant 2022 US$ compare
  4. 104 Honduras 583.42 million constant 2022 US$ compare
  5. 105 Zimbabwe 578.61 million constant 2022 US$ compare
  6. 106 Afghanistan 571.73 million constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Costa Rica

All data for Costa Rica →

Frequently asked questions

What is military spending in Costa Rica?
Military spending in Costa Rica was 601.28 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 Costa Rica?
The highest recorded value was 601.28 million constant 2022 US$ in 2023.
What is the lowest military spending recorded in Costa Rica?
The lowest recorded value was 6.56 million constant 2022 US$ in 1924.
How does Costa Rica rank for military spending?
Costa Rica ranks 103rd out of 172 countries with data for 2023.
Is military spending rising or falling in Costa Rica?
Over the last ten years it is up 31.1%. The long-run trend across the full record is volatile.
Where does this Costa Rica 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 Costa Rica. 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/costa-rica/

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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.