Military spending per armed forces personnel in Chile
Chile: Military spending per armed forces personnel was 50,602 constant 2024 US$ in 2020. ▲ Rising
Military spending per armed forces personnel in Chile, 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$.
Analysis
The most recent figure for military spending per armed forces personnel in Chile is 50,602 constant 2024 US$, measured in 2020. That is the highest value across all 33 years on record.
Compared with earlier readings it is up 18.4% on the previous year and up 11.5% over ten years.
Over the whole period, military spending per armed forces personnel in Chile peaked at 50,602 constant 2024 US$ in 2020 and was at its lowest, 18,359 constant 2024 US$, in 1995.
That places Chile 50th out of 160 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 24,819 constant 2024 US$ | 22,029 constant 2024 US$ | 27,610 constant 2024 US$ | 2 |
| 1990s | 20,908 constant 2024 US$ | 18,359 constant 2024 US$ | 22,561 constant 2024 US$ | 10 |
| 2000s | 34,174 constant 2024 US$ | 24,317 constant 2024 US$ | 45,200 constant 2024 US$ | 10 |
| 2010s | 44,059 constant 2024 US$ | 40,892 constant 2024 US$ | 48,390 constant 2024 US$ | 10 |
| 2020s | 50,602 constant 2024 US$ | 50,602 constant 2024 US$ | 50,602 constant 2024 US$ | 1 |
Countries ranked near Chile
More reference data data for Chile
- Spring temperature anomalies -0.1995 °C (2026)
- Summer temperature anomalies 1.21 °C (2026)
- Temperature anomalies by month 1.32 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.5729 °C (2025)
- Winter temperature anomalies 0.2404 °C (2025)
- Consumer price index 185.48 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 Chile?
- Military spending per armed forces personnel in Chile was 50,602 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 Chile?
- The highest recorded value was 50,602 constant 2024 US$ in 2020.
- What is the lowest military spending per armed forces personnel recorded in Chile?
- The lowest recorded value was 18,359 constant 2024 US$ in 1995.
- How does Chile rank for military spending per armed forces personnel?
- Chile ranks 50th out of 160 countries with data for 2020.
- Is military spending per armed forces personnel rising or falling in Chile?
- Over the last ten years it is up 11.5%. The long-run trend across the full record is rising.
- Where does this Chile 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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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.