Military spending in Ecuador

Ecuador: Military spending was 3.12 billion constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
3.12 billion constant 2022 US$
Change on year
up 6.7%
World rank
63rd
of 172 countries
All-time high
3.12 billion constant 2022 US$
in 2023
All-time low
14.01 million constant 2022 US$
in 1920
Years of data
170
1854–2023

Military spending in Ecuador, 1854–2023

01.0B2.0B3.0B185419382023

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

Analysis

Ecuador recorded 3.12 billion constant 2022 US$ for military spending in 2023. That is the highest value across all 170 years on record.

Compared with earlier readings it is up 6.7% on the previous year and up 35.8% over ten years.

Over the whole period, military spending in Ecuador peaked at 3.12 billion constant 2022 US$ in 2023 and was at its lowest, 14.01 million constant 2022 US$, in 1920.

Ecuador ranks 63rd 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

DecadeAverage LowestHighest Years
1850s 37.10 million constant 2022 US$ 34.06 million constant 2022 US$ 40.08 million constant 2022 US$ 6
1860s 25.88 million constant 2022 US$ 19.74 million constant 2022 US$ 38.00 million constant 2022 US$ 10
1870s 23.24 million constant 2022 US$ 20.34 million constant 2022 US$ 26.11 million constant 2022 US$ 10
1880s 21.71 million constant 2022 US$ 20.51 million constant 2022 US$ 22.54 million constant 2022 US$ 10
1890s 24.29 million constant 2022 US$ 20.39 million constant 2022 US$ 29.25 million constant 2022 US$ 10
1900s 34.08 million constant 2022 US$ 29.97 million constant 2022 US$ 37.54 million constant 2022 US$ 10
1910s 45.80 million constant 2022 US$ 22.09 million constant 2022 US$ 67.83 million constant 2022 US$ 10
1920s 20.36 million constant 2022 US$ 14.01 million constant 2022 US$ 25.56 million constant 2022 US$ 10
1930s 28.25 million constant 2022 US$ 24.59 million constant 2022 US$ 30.27 million constant 2022 US$ 10
1940s 44.84 million constant 2022 US$ 29.72 million constant 2022 US$ 60.08 million constant 2022 US$ 10
1950s 134.34 million constant 2022 US$ 59.54 million constant 2022 US$ 194.30 million constant 2022 US$ 10
1960s 182.01 million constant 2022 US$ 155.96 million constant 2022 US$ 221.71 million constant 2022 US$ 10
1970s 404.55 million constant 2022 US$ 214.71 million constant 2022 US$ 623.39 million constant 2022 US$ 10
1980s 538.27 million constant 2022 US$ 497.69 million constant 2022 US$ 619.17 million constant 2022 US$ 10
1990s 786.05 million constant 2022 US$ 500.21 million constant 2022 US$ 1.08 billion constant 2022 US$ 10
2000s 1.07 billion constant 2022 US$ 664.33 million constant 2022 US$ 2.05 billion constant 2022 US$ 10
2010s 2.26 billion constant 2022 US$ 2.04 billion constant 2022 US$ 2.56 billion constant 2022 US$ 10
2020s 2.89 billion constant 2022 US$ 2.62 billion constant 2022 US$ 3.12 billion constant 2022 US$ 4

Countries ranked near Ecuador

  1. 60 Peru 3.56 billion constant 2022 US$ compare
  2. 61 Myanmar 3.30 billion constant 2022 US$ compare
  3. 62 Syria 3.22 billion constant 2022 US$ compare
  4. 64 Jordan 2.86 billion constant 2022 US$ compare
  5. 65 Slovakia 2.71 billion constant 2022 US$ compare
  6. 66 Yemen 2.45 billion constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Ecuador

All data for Ecuador →

Frequently asked questions

What is military spending in Ecuador?
Military spending in Ecuador was 3.12 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 Ecuador?
The highest recorded value was 3.12 billion constant 2022 US$ in 2023.
What is the lowest military spending recorded in Ecuador?
The lowest recorded value was 14.01 million constant 2022 US$ in 1920.
How does Ecuador rank for military spending?
Ecuador ranks 63rd out of 172 countries with data for 2023.
Is military spending rising or falling in Ecuador?
Over the last ten years it is up 35.8%. The long-run trend across the full record is volatile.
Where does this Ecuador 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 — 170 observations, free to reuse under CC BY 4.0 (Our World in Data).

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.