Military spending, per unit of GDP in Ecuador

Ecuador: Military spending, per unit of GDP was 0.0258 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile

Latest (2023)
0.0258 constant 2022 US$ per US$ of GDP
Change on year
up 2.6%
World rank
44th
of 170 countries
All-time high
0.1122 constant 2022 US$ per US$ of GDP
in 1962
All-time low
0.0214 constant 2022 US$ per US$ of GDP
in 2017
Years of data
64
1960–2023

Military spending, per unit of GDP in Ecuador, 1960–2023

0.020.040.060.080.10.12196019912023

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 Ecuador is 0.0258 constant 2022 US$ per US$ of GDP, measured in 2023.

That represents a change of up 2.6% on the previous year and up 8.5% over ten years.

Over the whole period, military spending, per unit of gdp in Ecuador peaked at 0.1122 constant 2022 US$ per US$ of GDP in 1962 and was at its lowest, 0.0214 constant 2022 US$ per US$ of GDP, in 2017.

That places Ecuador 44th 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 Ecuador, year by year

Annual values for Military spending, per unit of GDP in Ecuador, 1960 to 2023.
Year constant 2022 US$ per US$ of GDP Change
1960 0.0863 constant 2022 US$ per US$ of GDP
1961 0.1015 constant 2022 US$ per US$ of GDP +17.7%
1962 0.1122 constant 2022 US$ per US$ of GDP +10.6%
1963 0.0855 constant 2022 US$ per US$ of GDP -23.8%
1964 0.075 constant 2022 US$ per US$ of GDP -12.3%
1965 0.0778 constant 2022 US$ per US$ of GDP +3.8%
1966 0.0795 constant 2022 US$ per US$ of GDP +2.2%
1967 0.0723 constant 2022 US$ per US$ of GDP -9.0%
1968 0.0711 constant 2022 US$ per US$ of GDP -1.8%
1969 0.0712 constant 2022 US$ per US$ of GDP +0.3%
1970 0.075 constant 2022 US$ per US$ of GDP +5.3%
1971 0.0828 constant 2022 US$ per US$ of GDP +10.5%
1972 0.0832 constant 2022 US$ per US$ of GDP +0.5%
1973 0.0745 constant 2022 US$ per US$ of GDP -10.5%
1974 0.0525 constant 2022 US$ per US$ of GDP -29.5%
1975 0.0546 constant 2022 US$ per US$ of GDP +3.9%
1976 0.0509 constant 2022 US$ per US$ of GDP -6.8%
1977 0.0539 constant 2022 US$ per US$ of GDP +5.8%
1978 0.0502 constant 2022 US$ per US$ of GDP -6.8%
1979 0.044 constant 2022 US$ per US$ of GDP -12.4%
1980 0.0332 constant 2022 US$ per US$ of GDP -24.6%
1981 0.0284 constant 2022 US$ per US$ of GDP -14.4%
1982 0.0286 constant 2022 US$ per US$ of GDP +0.7%
1983 0.0302 constant 2022 US$ per US$ of GDP +5.6%
1984 0.0297 constant 2022 US$ per US$ of GDP -1.7%
1985 0.033 constant 2022 US$ per US$ of GDP +11.3%
1986 0.0325 constant 2022 US$ per US$ of GDP -1.4%
1987 0.0367 constant 2022 US$ per US$ of GDP +12.7%
1988 0.0381 constant 2022 US$ per US$ of GDP +3.9%
1989 0.0366 constant 2022 US$ per US$ of GDP -4.1%
1990 0.0328 constant 2022 US$ per US$ of GDP -10.2%
1991 0.0302 constant 2022 US$ per US$ of GDP -8.0%
1992 0.031 constant 2022 US$ per US$ of GDP +2.8%
1993 0.0338 constant 2022 US$ per US$ of GDP +8.8%
1994 0.0337 constant 2022 US$ per US$ of GDP -0.3%
1995 0.044 constant 2022 US$ per US$ of GDP +30.7%
1996 0.0419 constant 2022 US$ per US$ of GDP -4.7%
1997 0.0375 constant 2022 US$ per US$ of GDP -10.6%
1998 0.0342 constant 2022 US$ per US$ of GDP -8.8%
1999 0.0374 constant 2022 US$ per US$ of GDP +9.3%
2000 0.0379 constant 2022 US$ per US$ of GDP +1.4%
2001 0.0312 constant 2022 US$ per US$ of GDP -17.6%
2002 0.0296 constant 2022 US$ per US$ of GDP -5.1%
2003 0.0295 constant 2022 US$ per US$ of GDP -0.5%
2004 0.0257 constant 2022 US$ per US$ of GDP -13.0%
2005 0.0233 constant 2022 US$ per US$ of GDP -9.2%
2006 0.0217 constant 2022 US$ per US$ of GDP -6.9%
2007 0.0241 constant 2022 US$ per US$ of GDP +10.8%
2008 0.0246 constant 2022 US$ per US$ of GDP +2.2%
2009 0.0342 constant 2022 US$ per US$ of GDP +39.1%
2010 0.0299 constant 2022 US$ per US$ of GDP -12.4%
2011 0.0259 constant 2022 US$ per US$ of GDP -13.5%
2012 0.0238 constant 2022 US$ per US$ of GDP -8.1%
2013 0.0238 constant 2022 US$ per US$ of GDP -0.0%
2014 0.0225 constant 2022 US$ per US$ of GDP -5.5%
2015 0.0248 constant 2022 US$ per US$ of GDP +10.4%
2016 0.0222 constant 2022 US$ per US$ of GDP -10.7%
2017 0.0214 constant 2022 US$ per US$ of GDP -3.3%
2018 0.0229 constant 2022 US$ per US$ of GDP +6.7%
2019 0.0238 constant 2022 US$ per US$ of GDP +4.0%
2020 0.0274 constant 2022 US$ per US$ of GDP +15.1%
2021 0.027 constant 2022 US$ per US$ of GDP -1.3%
2022 0.0252 constant 2022 US$ per US$ of GDP -6.8%
2023 0.0258 constant 2022 US$ per US$ of GDP +2.6%

Ecuador compared with similar countries

  • Ecuador's 0.0258 constant 2022 US$ per US$ of GDP is above the median for upper middle income countries, which is 0.0152 constant 2022 US$ per US$ of GDP, 1.7× the median. (49 countries reporting)
  • Ecuador's 0.0258 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, 2.3× the median. (27 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.0833 constant 2022 US$ per US$ of GDP 0.0711 constant 2022 US$ per US$ of GDP 0.1122 constant 2022 US$ per US$ of GDP 10
1970s 0.0622 constant 2022 US$ per US$ of GDP 0.044 constant 2022 US$ per US$ of GDP 0.0832 constant 2022 US$ per US$ of GDP 10
1980s 0.0327 constant 2022 US$ per US$ of GDP 0.0284 constant 2022 US$ per US$ of GDP 0.0381 constant 2022 US$ per US$ of GDP 10
1990s 0.0357 constant 2022 US$ per US$ of GDP 0.0302 constant 2022 US$ per US$ of GDP 0.044 constant 2022 US$ per US$ of GDP 10
2000s 0.0282 constant 2022 US$ per US$ of GDP 0.0217 constant 2022 US$ per US$ of GDP 0.0379 constant 2022 US$ per US$ of GDP 10
2010s 0.0241 constant 2022 US$ per US$ of GDP 0.0214 constant 2022 US$ per US$ of GDP 0.0299 constant 2022 US$ per US$ of GDP 10
2020s 0.0264 constant 2022 US$ per US$ of GDP 0.0252 constant 2022 US$ per US$ of GDP 0.0274 constant 2022 US$ per US$ of GDP 4

Countries ranked near Ecuador

  1. 41 Mauritania 0.0275 constant 2022 US$ per US$ of GDP compare
  2. 42 India 0.0272 constant 2022 US$ per US$ of GDP compare
  3. 43 Lithuania 0.027 constant 2022 US$ per US$ of GDP compare
  4. 45 Latvia 0.0257 constant 2022 US$ per US$ of GDP compare
  5. 46 United Kingdom 0.0246 constant 2022 US$ per US$ of GDP compare
  6. 47 Central African Republic 0.0246 constant 2022 US$ per US$ of GDP compare

See the full ranking of 170 places →

More reference data data for Ecuador

All data for Ecuador →

Frequently asked questions

What is military spending, per unit of gdp in Ecuador?
Military spending, per unit of gdp in Ecuador was 0.0258 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 Ecuador?
The highest recorded value was 0.1122 constant 2022 US$ per US$ of GDP in 1962.
What is the lowest military spending, per unit of gdp recorded in Ecuador?
The lowest recorded value was 0.0214 constant 2022 US$ per US$ of GDP in 2017.
How does Ecuador rank for military spending, per unit of gdp?
Ecuador ranks 44th out of 170 countries with data for 2023.
Is military spending, per unit of gdp rising or falling in Ecuador?
Over the last ten years it is up 8.5%. The long-run trend across the full record is volatile.
Where does this Ecuador 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.

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Military spending, per unit of GDP in Ecuador. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp-2/ecuador/

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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

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

Indicator
Military spending, per unit of GDP
Unit
constant 2022 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 9,064 data points, 1960–2023
Last refreshed

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.