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.

Military spending in Ecuador, year by year

Annual values for Military spending in Ecuador, 1854 to 2023.
Year constant 2022 US$ Change
1854 38.64 million constant 2022 US$
1855 40.08 million constant 2022 US$ +3.7%
1856 37.32 million constant 2022 US$ -6.9%
1857 34.06 million constant 2022 US$ -8.7%
1858 35.91 million constant 2022 US$ +5.5%
1859 36.56 million constant 2022 US$ +1.8%
1860 38.00 million constant 2022 US$ +3.9%
1861 32.75 million constant 2022 US$ -13.8%
1862 30.75 million constant 2022 US$ -6.1%
1863 26.68 million constant 2022 US$ -13.2%
1864 26.42 million constant 2022 US$ -1.0%
1865 19.74 million constant 2022 US$ -25.3%
1866 20.01 million constant 2022 US$ +1.3%
1867 20.91 million constant 2022 US$ +4.5%
1868 21.65 million constant 2022 US$ +3.5%
1869 21.85 million constant 2022 US$ +0.9%
1870 20.34 million constant 2022 US$ -6.9%
1871 20.58 million constant 2022 US$ +1.2%
1872 21.61 million constant 2022 US$ +5.0%
1873 23.41 million constant 2022 US$ +8.3%
1874 22.82 million constant 2022 US$ -2.5%
1875 23.80 million constant 2022 US$ +4.3%
1876 25.46 million constant 2022 US$ +7.0%
1877 22.80 million constant 2022 US$ -10.4%
1878 26.11 million constant 2022 US$ +14.5%
1879 25.45 million constant 2022 US$ -2.5%
1880 21.89 million constant 2022 US$ -14.0%
1881 22.05 million constant 2022 US$ +0.7%
1882 22.54 million constant 2022 US$ +2.2%
1883 21.53 million constant 2022 US$ -4.5%
1884 22.40 million constant 2022 US$ +4.1%
1885 21.86 million constant 2022 US$ -2.4%
1886 21.89 million constant 2022 US$ +0.2%
1887 21.94 million constant 2022 US$ +0.2%
1888 20.51 million constant 2022 US$ -6.6%
1889 20.51 million constant 2022 US$ +0.0%
1890 21.83 million constant 2022 US$ +6.5%
1891 20.39 million constant 2022 US$ -6.6%
1892 21.85 million constant 2022 US$ +7.2%
1893 21.18 million constant 2022 US$ -3.1%
1894 22.94 million constant 2022 US$ +8.3%
1895 24.89 million constant 2022 US$ +8.5%
1896 26.03 million constant 2022 US$ +4.6%
1897 26.46 million constant 2022 US$ +1.6%
1898 28.04 million constant 2022 US$ +6.0%
1899 29.25 million constant 2022 US$ +4.3%
1900 29.97 million constant 2022 US$ +2.5%
1901 32.27 million constant 2022 US$ +7.7%
1902 36.86 million constant 2022 US$ +14.2%
1903 35.09 million constant 2022 US$ -4.8%
1904 32.95 million constant 2022 US$ -6.1%
1905 34.47 million constant 2022 US$ +4.6%
1906 35.39 million constant 2022 US$ +2.7%
1907 33.00 million constant 2022 US$ -6.8%
1908 33.25 million constant 2022 US$ +0.8%
1909 37.54 million constant 2022 US$ +12.9%
1910 40.46 million constant 2022 US$ +7.8%
1911 42.18 million constant 2022 US$ +4.2%
1912 39.95 million constant 2022 US$ -5.3%
1913 42.93 million constant 2022 US$ +7.5%
1914 67.83 million constant 2022 US$ +58.0%
1915 66.77 million constant 2022 US$ -1.6%
1916 58.06 million constant 2022 US$ -13.0%
1917 43.33 million constant 2022 US$ -25.4%
1918 34.36 million constant 2022 US$ -20.7%
1919 22.09 million constant 2022 US$ -35.7%
1920 14.01 million constant 2022 US$ -36.6%
1921 17.36 million constant 2022 US$ +23.9%
1922 18.55 million constant 2022 US$ +6.9%
1923 19.46 million constant 2022 US$ +4.9%
1924 18.94 million constant 2022 US$ -2.7%
1925 20.19 million constant 2022 US$ +6.6%
1926 22.33 million constant 2022 US$ +10.6%
1927 23.27 million constant 2022 US$ +4.2%
1928 23.92 million constant 2022 US$ +2.8%
1929 25.56 million constant 2022 US$ +6.8%
1930 26.21 million constant 2022 US$ +2.6%
1931 27.58 million constant 2022 US$ +5.2%
1932 26.33 million constant 2022 US$ -4.5%
1933 24.59 million constant 2022 US$ -6.6%
1934 29.72 million constant 2022 US$ +20.8%
1935 28.67 million constant 2022 US$ -3.5%
1936 30.27 million constant 2022 US$ +5.6%
1937 29.41 million constant 2022 US$ -2.9%
1938 29.60 million constant 2022 US$ +0.7%
1939 30.15 million constant 2022 US$ +1.9%
1940 31.56 million constant 2022 US$ +4.7%
1941 29.72 million constant 2022 US$ -5.8%
1942 30.49 million constant 2022 US$ +2.6%
1943 35.12 million constant 2022 US$ +15.2%
1944 46.25 million constant 2022 US$ +31.7%
1945 60.08 million constant 2022 US$ +29.9%
1946 56.13 million constant 2022 US$ -6.6%
1947 51.46 million constant 2022 US$ -8.3%
1948 48.30 million constant 2022 US$ -6.1%
1949 59.24 million constant 2022 US$ +22.6%
1950 59.54 million constant 2022 US$ +0.5%
1951 60.48 million constant 2022 US$ +1.6%
1952 76.56 million constant 2022 US$ +26.6%
1953 118.36 million constant 2022 US$ +54.6%
1954 149.10 million constant 2022 US$ +26.0%
1955 159.69 million constant 2022 US$ +7.1%
1956 180.12 million constant 2022 US$ +12.8%
1957 194.30 million constant 2022 US$ +7.9%
1958 177.20 million constant 2022 US$ -8.8%
1959 168.03 million constant 2022 US$ -5.2%
1960 178.52 million constant 2022 US$ +6.2%
1961 178.01 million constant 2022 US$ -0.3%
1962 170.41 million constant 2022 US$ -4.3%
1963 155.96 million constant 2022 US$ -8.5%
1964 168.32 million constant 2022 US$ +7.9%
1965 185.80 million constant 2022 US$ +10.4%
1966 193.21 million constant 2022 US$ +4.0%
1967 184.72 million constant 2022 US$ -4.4%
1968 183.47 million constant 2022 US$ -0.7%
1969 221.71 million constant 2022 US$ +20.8%
1970 214.71 million constant 2022 US$ -3.2%
1971 228.18 million constant 2022 US$ +6.3%
1972 265.21 million constant 2022 US$ +16.2%
1973 289.91 million constant 2022 US$ +9.3%
1974 346.77 million constant 2022 US$ +19.6%
1975 422.24 million constant 2022 US$ +21.8%
1976 462.73 million constant 2022 US$ +9.6%
1977 593.90 million constant 2022 US$ +28.3%
1978 598.48 million constant 2022 US$ +0.8%
1979 623.39 million constant 2022 US$ +4.2%
1980 593.00 million constant 2022 US$ -4.9%
1981 619.17 million constant 2022 US$ +4.4%
1982 569.75 million constant 2022 US$ -8.0%
1983 517.62 million constant 2022 US$ -9.2%
1984 501.62 million constant 2022 US$ -3.1%
1985 566.03 million constant 2022 US$ +12.8%
1986 498.36 million constant 2022 US$ -12.0%
1987 511.62 million constant 2022 US$ +2.7%
1988 497.69 million constant 2022 US$ -2.7%
1989 507.83 million constant 2022 US$ +2.0%
1990 500.21 million constant 2022 US$ -1.5%
1991 513.25 million constant 2022 US$ +2.6%
1992 561.79 million constant 2022 US$ +9.5%
1993 639.77 million constant 2022 US$ +13.9%
1994 764.59 million constant 2022 US$ +19.5%
1995 1.08 billion constant 2022 US$ +40.7%
1996 1.06 billion constant 2022 US$ -1.6%
1997 1.06 billion constant 2022 US$ -0.2%
1998 956.86 million constant 2022 US$ -9.4%
1999 734.08 million constant 2022 US$ -23.3%
2000 664.33 million constant 2022 US$ -9.5%
2001 722.08 million constant 2022 US$ +8.7%
2002 801.81 million constant 2022 US$ +11.0%
2003 912.79 million constant 2022 US$ +13.8%
2004 903.01 million constant 2022 US$ -1.1%
2005 938.53 million constant 2022 US$ +3.9%
2006 991.52 million constant 2022 US$ +5.6%
2007 1.20 billion constant 2022 US$ +20.9%
2008 1.50 billion constant 2022 US$ +25.3%
2009 2.05 billion constant 2022 US$ +36.7%
2010 2.04 billion constant 2022 US$ -0.7%
2011 2.05 billion constant 2022 US$ +0.3%
2012 2.09 billion constant 2022 US$ +2.0%
2013 2.30 billion constant 2022 US$ +10.1%
2014 2.31 billion constant 2022 US$ +0.5%
2015 2.41 billion constant 2022 US$ +4.5%
2016 2.16 billion constant 2022 US$ -10.3%
2017 2.24 billion constant 2022 US$ +3.4%
2018 2.46 billion constant 2022 US$ +9.8%
2019 2.56 billion constant 2022 US$ +4.1%
2020 2.62 billion constant 2022 US$ +2.6%
2021 2.90 billion constant 2022 US$ +10.3%
2022 2.92 billion constant 2022 US$ +1.0%
2023 3.12 billion constant 2022 US$ +6.7%

Ecuador compared with similar countries

  • Ecuador's 3.12 billion constant 2022 US$ is above the median for upper middle income countries, which is 1.25 billion constant 2022 US$, 2.5× the median. (49 countries reporting)
  • Ecuador's 3.12 billion constant 2022 US$ is above the median for Latin America & Caribbean, which is 509.92 million constant 2022 US$, 6.1× the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending in Ecuador 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
1914 +58.0% 42.93 million constant 2022 US$ 67.83 million constant 2022 US$
1953 +54.6% 76.56 million constant 2022 US$ 118.36 million constant 2022 US$

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.

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Military spending in Ecuador. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/ecuador/

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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.