Military spending per armed forces personnel in Bolivia
Bolivia: Military spending per armed forces personnel was 7,874 constant 2024 US$ in 2020. ▼ Falling
Military spending per armed forces personnel in Bolivia, 1985–2020
Source: Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.
Analysis
The most recent figure for military spending per armed forces personnel in Bolivia is 7,874 constant 2024 US$, measured in 2020.
Compared with earlier readings it is down 14.9% on the previous year and down 28.2% over ten years.
Over the whole period, military spending per armed forces personnel in Bolivia peaked at 13,074 constant 2024 US$ in 1990 and was at its lowest, 5,054 constant 2024 US$, in 2006.
That places Bolivia 132nd out of 160 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 33 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 11,185 constant 2024 US$ | 9,638 constant 2024 US$ | 12,731 constant 2024 US$ | 2 |
| 1990s | 8,727 constant 2024 US$ | 5,317 constant 2024 US$ | 13,074 constant 2024 US$ | 10 |
| 2000s | 6,310 constant 2024 US$ | 5,054 constant 2024 US$ | 8,028 constant 2024 US$ | 10 |
| 2010s | 9,406 constant 2024 US$ | 7,274 constant 2024 US$ | 11,234 constant 2024 US$ | 10 |
| 2020s | 7,874 constant 2024 US$ | 7,874 constant 2024 US$ | 7,874 constant 2024 US$ | 1 |
Countries ranked near Bolivia
More reference data data for Bolivia
- Spring temperature anomalies 0.5735 °C (2026)
- Summer temperature anomalies -0.2559 °C (2026)
- Temperature anomalies by month 0.4786 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 1.54 °C (2025)
- Winter temperature anomalies -0.1506 °C (2025)
- Consumer price index 197.72 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 per armed forces personnel in Bolivia?
- Military spending per armed forces personnel in Bolivia was 7,874 constant 2024 US$ in 2020, according to Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data.
- What is the highest military spending per armed forces personnel recorded in Bolivia?
- The highest recorded value was 13,074 constant 2024 US$ in 1990.
- What is the lowest military spending per armed forces personnel recorded in Bolivia?
- The lowest recorded value was 5,054 constant 2024 US$ in 2006.
- How does Bolivia rank for military spending per armed forces personnel?
- Bolivia ranks 132nd out of 160 countries with data for 2020.
- Is military spending per armed forces personnel rising or falling in Bolivia?
- Over the last ten years it is down 28.2%. The long-run trend across the full record is falling.
- Where does this Bolivia data come from?
- The figures come from Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data, published as part of Military spending per armed forces personnel. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total military expenditure divided by armed forces personnel. 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.