Military spending per armed forces personnel in Peru
Peru: Military spending per armed forces personnel was 19,177 constant 2024 US$ in 2020. ◆ Volatile
Military spending per armed forces personnel in Peru, 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$.
Analysis
Peru recorded 19,177 constant 2024 US$ for military spending per armed forces personnel in 2020.
Compared with earlier readings it is down 1.1% on the previous year and up 37.7% over ten years.
Over the whole period, military spending per armed forces personnel in Peru peaked at 53,170 constant 2024 US$ in 1985 and was at its lowest, 8,481 constant 2024 US$, in 2002.
That places Peru 98th out of 160 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending per armed forces personnel in Peru, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1985 | 53,170 constant 2024 US$ | — |
| 1989 | 21,911 constant 2024 US$ | -58.8% |
| 1990 | 16,144 constant 2024 US$ | -26.3% |
| 1991 | 11,887 constant 2024 US$ | -26.4% |
| 1992 | 15,730 constant 2024 US$ | +32.3% |
| 1993 | 17,867 constant 2024 US$ | +13.6% |
| 1994 | 18,516 constant 2024 US$ | +3.6% |
| 1995 | 13,722 constant 2024 US$ | -25.9% |
| 1996 | 12,139 constant 2024 US$ | -11.5% |
| 1997 | 9,775 constant 2024 US$ | -19.5% |
| 1998 | 9,710 constant 2024 US$ | -0.7% |
| 1999 | 9,904 constant 2024 US$ | +2.0% |
| 2000 | 9,051 constant 2024 US$ | -8.6% |
| 2001 | 9,641 constant 2024 US$ | +6.5% |
| 2002 | 8,481 constant 2024 US$ | -12.0% |
| 2003 | 9,200 constant 2024 US$ | +8.5% |
| 2004 | 10,157 constant 2024 US$ | +10.4% |
| 2005 | 12,593 constant 2024 US$ | +24.0% |
| 2006 | 10,436 constant 2024 US$ | -17.1% |
| 2007 | 10,112 constant 2024 US$ | -3.1% |
| 2008 | 10,453 constant 2024 US$ | +3.4% |
| 2009 | 12,789 constant 2024 US$ | +22.3% |
| 2010 | 13,929 constant 2024 US$ | +8.9% |
| 2011 | 14,198 constant 2024 US$ | +1.9% |
| 2012 | 15,926 constant 2024 US$ | +12.2% |
| 2013 | 18,360 constant 2024 US$ | +15.3% |
| 2014 | 22,067 constant 2024 US$ | +20.2% |
| 2015 | 24,643 constant 2024 US$ | +11.7% |
| 2016 | 19,316 constant 2024 US$ | -21.6% |
| 2017 | 19,068 constant 2024 US$ | -1.3% |
| 2018 | 18,783 constant 2024 US$ | -1.5% |
| 2019 | 19,392 constant 2024 US$ | +3.2% |
| 2020 | 19,177 constant 2024 US$ | -1.1% |
Peru compared with similar countries
- Peru's 19,177 constant 2024 US$ is below the median for upper middle income countries, which is 19,504 constant 2024 US$, 98% of the median. (46 countries reporting)
- Peru's 19,177 constant 2024 US$ is below the median for Latin America & Caribbean, which is 23,332 constant 2024 US$, 82% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 37,541 constant 2024 US$ | 21,911 constant 2024 US$ | 53,170 constant 2024 US$ | 2 |
| 1990s | 13,540 constant 2024 US$ | 9,710 constant 2024 US$ | 18,516 constant 2024 US$ | 10 |
| 2000s | 10,291 constant 2024 US$ | 8,481 constant 2024 US$ | 12,789 constant 2024 US$ | 10 |
| 2010s | 18,568 constant 2024 US$ | 13,929 constant 2024 US$ | 24,643 constant 2024 US$ | 10 |
| 2020s | 19,177 constant 2024 US$ | 19,177 constant 2024 US$ | 19,177 constant 2024 US$ | 1 |
Countries ranked near Peru
More reference data data for Peru
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.15 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 4.39 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 7.94 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3808 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 7.94 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.84 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.94 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 18.98 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 35.25 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.07 (2050)
Frequently asked questions
- What is military spending per armed forces personnel in Peru?
- Military spending per armed forces personnel in Peru was 19,177 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 Peru?
- The highest recorded value was 53,170 constant 2024 US$ in 1985.
- What is the lowest military spending per armed forces personnel recorded in Peru?
- The lowest recorded value was 8,481 constant 2024 US$ in 2002.
- How does Peru rank for military spending per armed forces personnel?
- Peru ranks 98th out of 160 countries with data for 2020.
- Is military spending per armed forces personnel rising or falling in Peru?
- Over the last ten years it is up 37.7%. The long-run trend across the full record is volatile.
- Where does this Peru 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.