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$, in 2006.
That places Bolivia 132nd out of 160 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 33 years of available data.
Military spending per armed forces personnel in Bolivia, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1985 | 12,731 constant 2024 US$ | — |
| 1989 | 9,638 constant 2024 US$ | -24.3% |
| 1990 | 13,074 constant 2024 US$ | +35.6% |
| 1991 | 11,576 constant 2024 US$ | -11.5% |
| 1992 | 11,426 constant 2024 US$ | -1.3% |
| 1993 | 8,945 constant 2024 US$ | -21.7% |
| 1994 | 12,574 constant 2024 US$ | +40.6% |
| 1995 | 5,416 constant 2024 US$ | -56.9% |
| 1996 | 5,317 constant 2024 US$ | -1.8% |
| 1997 | 5,853 constant 2024 US$ | +10.1% |
| 1998 | 7,234 constant 2024 US$ | +23.6% |
| 1999 | 5,856 constant 2024 US$ | -19.0% |
| 2000 | 5,838 constant 2024 US$ | -0.3% |
| 2001 | 6,793 constant 2024 US$ | +16.4% |
| 2002 | 6,083 constant 2024 US$ | -10.4% |
| 2003 | 6,930 constant 2024 US$ | +13.9% |
| 2004 | 6,656 constant 2024 US$ | -4.0% |
| 2005 | 6,144 constant 2024 US$ | -7.7% |
| 2006 | 5,054 constant 2024 US$ | -17.7% |
| 2007 | 5,302 constant 2024 US$ | +4.9% |
| 2008 | 8,028 constant 2024 US$ | +51.4% |
| 2009 | 6,275 constant 2024 US$ | -21.8% |
| 2010 | 10,963 constant 2024 US$ | +74.7% |
| 2011 | 7,274 constant 2024 US$ | -33.7% |
| 2012 | 8,587 constant 2024 US$ | +18.1% |
| 2013 | 9,171 constant 2024 US$ | +6.8% |
| 2014 | 11,234 constant 2024 US$ | +22.5% |
| 2015 | 10,015 constant 2024 US$ | -10.9% |
| 2016 | 8,647 constant 2024 US$ | -13.7% |
| 2017 | 9,356 constant 2024 US$ | +8.2% |
| 2018 | 9,559 constant 2024 US$ | +2.2% |
| 2019 | 9,251 constant 2024 US$ | -3.2% |
| 2020 | 7,874 constant 2024 US$ | -14.9% |
Bolivia compared with similar countries
- Bolivia's 7,874 constant 2024 US$ is below the median for lower middle income countries, which is 15,998 constant 2024 US$, 49% of the median. (39 countries reporting)
- Bolivia's 7,874 constant 2024 US$ is below the median for Latin America & Caribbean, which is 23,332 constant 2024 US$, 34% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 11,185 constant 2024 US$ | 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
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.7329 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.91 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 5.22 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3892 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 5.22 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.46 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.33 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 18.39 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 25.12 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.12 (2050)
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.
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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.