Military spending, per unit of GDP in Bolivia
Bolivia: Military spending, per unit of GDP was 0.0136 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
0.0136 constant 2022 US$ per US$ of GDP
Change on year
up 10.0%
World rank
112th
of 170 countries
All-time high
0.1728 constant 2022 US$ per US$ of GDP
in 1965
All-time low
0.0124 constant 2022 US$ per US$ of GDP
in 2022
Years of data
64
1960–2023
Military spending, per unit of GDP in Bolivia, 1960–2023
Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.
Analysis
The most recent figure for military spending, per unit of gdp in Bolivia is 0.0136 constant 2022 US$ per US$ of GDP, measured in 2023.
The figure is up 10.0% on the previous year and down 11.5% over ten years.
Over the whole period, military spending, per unit of gdp in Bolivia peaked at 0.1728 constant 2022 US$ per US$ of GDP in 1965 and was at its lowest, 0.0124 constant 2022 US$ per US$ of GDP, in 2022.
That places Bolivia 112th out of 170 countries with data for 2023, 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 unit of GDP in Bolivia, year by year
| Year | constant 2022 US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.076 constant 2022 US$ per US$ of GDP | — |
| 1961 | 0.0895 constant 2022 US$ per US$ of GDP | +17.8% |
| 1962 | 0.0999 constant 2022 US$ per US$ of GDP | +11.6% |
| 1963 | 0.1406 constant 2022 US$ per US$ of GDP | +40.7% |
| 1964 | 0.1629 constant 2022 US$ per US$ of GDP | +15.9% |
| 1965 | 0.1728 constant 2022 US$ per US$ of GDP | +6.1% |
| 1966 | 0.1585 constant 2022 US$ per US$ of GDP | -8.3% |
| 1967 | 0.1417 constant 2022 US$ per US$ of GDP | -10.6% |
| 1968 | 0.1164 constant 2022 US$ per US$ of GDP | -17.8% |
| 1969 | 0.112 constant 2022 US$ per US$ of GDP | -3.8% |
| 1970 | 0.1155 constant 2022 US$ per US$ of GDP | +3.1% |
| 1971 | 0.108 constant 2022 US$ per US$ of GDP | -6.5% |
| 1972 | 0.1112 constant 2022 US$ per US$ of GDP | +3.0% |
| 1973 | 0.1119 constant 2022 US$ per US$ of GDP | +0.6% |
| 1974 | 0.0822 constant 2022 US$ per US$ of GDP | -26.5% |
| 1975 | 0.0935 constant 2022 US$ per US$ of GDP | +13.7% |
| 1976 | 0.0877 constant 2022 US$ per US$ of GDP | -6.1% |
| 1977 | 0.0782 constant 2022 US$ per US$ of GDP | -10.8% |
| 1978 | 0.0766 constant 2022 US$ per US$ of GDP | -2.1% |
| 1979 | 0.0753 constant 2022 US$ per US$ of GDP | -1.7% |
| 1980 | 0.0777 constant 2022 US$ per US$ of GDP | +3.2% |
| 1981 | 0.0642 constant 2022 US$ per US$ of GDP | -17.4% |
| 1982 | 0.0538 constant 2022 US$ per US$ of GDP | -16.2% |
| 1983 | 0.0476 constant 2022 US$ per US$ of GDP | -11.5% |
| 1984 | 0.047 constant 2022 US$ per US$ of GDP | -1.4% |
| 1985 | 0.0545 constant 2022 US$ per US$ of GDP | +16.2% |
| 1986 | 0.0651 constant 2022 US$ per US$ of GDP | +19.4% |
| 1987 | 0.0671 constant 2022 US$ per US$ of GDP | +3.1% |
| 1988 | 0.0625 constant 2022 US$ per US$ of GDP | -7.0% |
| 1989 | 0.0601 constant 2022 US$ per US$ of GDP | -3.7% |
| 1990 | 0.0559 constant 2022 US$ per US$ of GDP | -7.1% |
| 1991 | 0.0449 constant 2022 US$ per US$ of GDP | -19.6% |
| 1992 | 0.0418 constant 2022 US$ per US$ of GDP | -6.9% |
| 1993 | 0.0401 constant 2022 US$ per US$ of GDP | -4.1% |
| 1994 | 0.0401 constant 2022 US$ per US$ of GDP | +0.1% |
| 1995 | 0.038 constant 2022 US$ per US$ of GDP | -5.3% |
| 1996 | 0.0364 constant 2022 US$ per US$ of GDP | -4.3% |
| 1997 | 0.0347 constant 2022 US$ per US$ of GDP | -4.6% |
| 1998 | 0.0359 constant 2022 US$ per US$ of GDP | +3.4% |
| 1999 | 0.0328 constant 2022 US$ per US$ of GDP | -8.7% |
| 2000 | 0.0307 constant 2022 US$ per US$ of GDP | -6.4% |
| 2001 | 0.0303 constant 2022 US$ per US$ of GDP | -1.3% |
| 2002 | 0.0306 constant 2022 US$ per US$ of GDP | +1.1% |
| 2003 | 0.0281 constant 2022 US$ per US$ of GDP | -8.0% |
| 2004 | 0.0256 constant 2022 US$ per US$ of GDP | -8.9% |
| 2005 | 0.0219 constant 2022 US$ per US$ of GDP | -14.7% |
| 2006 | 0.0191 constant 2022 US$ per US$ of GDP | -12.7% |
| 2007 | 0.0188 constant 2022 US$ per US$ of GDP | -1.7% |
| 2008 | 0.0194 constant 2022 US$ per US$ of GDP | +3.5% |
| 2009 | 0.0209 constant 2022 US$ per US$ of GDP | +7.9% |
| 2010 | 0.0207 constant 2022 US$ per US$ of GDP | -1.1% |
| 2011 | 0.0169 constant 2022 US$ per US$ of GDP | -18.3% |
| 2012 | 0.0166 constant 2022 US$ per US$ of GDP | -2.1% |
| 2013 | 0.0154 constant 2022 US$ per US$ of GDP | -7.0% |
| 2014 | 0.0149 constant 2022 US$ per US$ of GDP | -3.4% |
| 2015 | 0.0156 constant 2022 US$ per US$ of GDP | +4.7% |
| 2016 | 0.0165 constant 2022 US$ per US$ of GDP | +6.3% |
| 2017 | 0.0143 constant 2022 US$ per US$ of GDP | -13.6% |
| 2018 | 0.0133 constant 2022 US$ per US$ of GDP | -6.6% |
| 2019 | 0.0137 constant 2022 US$ per US$ of GDP | +3.1% |
| 2020 | 0.0151 constant 2022 US$ per US$ of GDP | +9.6% |
| 2021 | 0.0139 constant 2022 US$ per US$ of GDP | -8.0% |
| 2022 | 0.0124 constant 2022 US$ per US$ of GDP | -10.6% |
| 2023 | 0.0136 constant 2022 US$ per US$ of GDP | +10.0% |
Bolivia compared with similar countries
- Bolivia's 0.0136 constant 2022 US$ per US$ of GDP is below the median for lower middle income countries, which is 0.0153 constant 2022 US$ per US$ of GDP, 89% of the median. (42 countries reporting)
- Bolivia's 0.0136 constant 2022 US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.0114 constant 2022 US$ per US$ of GDP, 1.2× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.127 constant 2022 US$ per US$ of GDP | 0.076 constant 2022 US$ per US$ of GDP | 0.1728 constant 2022 US$ per US$ of GDP | 10 |
| 1970s | 0.094 constant 2022 US$ per US$ of GDP | 0.0753 constant 2022 US$ per US$ of GDP | 0.1155 constant 2022 US$ per US$ of GDP | 10 |
| 1980s | 0.06 constant 2022 US$ per US$ of GDP | 0.047 constant 2022 US$ per US$ of GDP | 0.0777 constant 2022 US$ per US$ of GDP | 10 |
| 1990s | 0.0401 constant 2022 US$ per US$ of GDP | 0.0328 constant 2022 US$ per US$ of GDP | 0.0559 constant 2022 US$ per US$ of GDP | 10 |
| 2000s | 0.0245 constant 2022 US$ per US$ of GDP | 0.0188 constant 2022 US$ per US$ of GDP | 0.0307 constant 2022 US$ per US$ of GDP | 10 |
| 2010s | 0.0158 constant 2022 US$ per US$ of GDP | 0.0133 constant 2022 US$ per US$ of GDP | 0.0207 constant 2022 US$ per US$ of GDP | 10 |
| 2020s | 0.0137 constant 2022 US$ per US$ of GDP | 0.0124 constant 2022 US$ per US$ of GDP | 0.0151 constant 2022 US$ per US$ of GDP | 4 |
Countries ranked near Bolivia
- 109 Japan 0.0142 constant 2022 US$ per US$ of GDP compare
- 110 New Zealand 0.0141 constant 2022 US$ per US$ of GDP compare
- 111 Slovenia 0.0141 constant 2022 US$ per US$ of GDP compare
- 113 Somalia 0.0136 constant 2022 US$ per US$ of GDP compare
- 114 Bhutan 0.0133 constant 2022 US$ per US$ of GDP compare
- 115 Peru 0.0133 constant 2022 US$ per US$ of GDP compare
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 unit of gdp in Bolivia?
- Military spending, per unit of gdp in Bolivia was 0.0136 constant 2022 US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest military spending, per unit of gdp recorded in Bolivia?
- The highest recorded value was 0.1728 constant 2022 US$ per US$ of GDP in 1965.
- What is the lowest military spending, per unit of gdp recorded in Bolivia?
- The lowest recorded value was 0.0124 constant 2022 US$ per US$ of GDP in 2022.
- How does Bolivia rank for military spending, per unit of gdp?
- Bolivia ranks 112th out of 170 countries with data for 2023.
- Is military spending, per unit of gdp rising or falling in Bolivia?
- Over the last ten years it is down 11.5%. The long-run trend across the full record is volatile.
- Where does this Bolivia data come from?
- The figures come from Statizoid (derived), published as part of Military spending, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military spending ÷ GDP (current US$)
Computed from
- Military spending Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.