Military spending, per unit of GDP in Peru
Peru: Military spending, per unit of GDP was 0.0133 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
0.0133 constant 2022 US$ per US$ of GDP
Change on year
up 0.6%
World rank
115th
of 170 countries
All-time high
0.2008 constant 2022 US$ per US$ of GDP
in 1968
All-time low
0.0129 constant 2022 US$ per US$ of GDP
in 2018
Years of data
64
1960–2023
Military spending, per unit of GDP in Peru, 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 Peru is 0.0133 constant 2022 US$ per US$ of GDP, measured in 2023.
That represents a change of up 0.6% on the previous year and down 16.2% over ten years.
Over the whole period, military spending, per unit of gdp in Peru peaked at 0.2008 constant 2022 US$ per US$ of GDP in 1968 and was at its lowest, 0.0129 constant 2022 US$ per US$ of GDP, in 2018.
Peru ranks 115th of 170 countries on this measure, 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 Peru, year by year
| Year | constant 2022 US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.1681 constant 2022 US$ per US$ of GDP | — |
| 1961 | 0.187 constant 2022 US$ per US$ of GDP | +11.3% |
| 1962 | 0.1861 constant 2022 US$ per US$ of GDP | -0.5% |
| 1963 | 0.1999 constant 2022 US$ per US$ of GDP | +7.4% |
| 1964 | 0.1928 constant 2022 US$ per US$ of GDP | -3.6% |
| 1965 | 0.1833 constant 2022 US$ per US$ of GDP | -4.9% |
| 1966 | 0.1674 constant 2022 US$ per US$ of GDP | -8.7% |
| 1967 | 0.1888 constant 2022 US$ per US$ of GDP | +12.8% |
| 1968 | 0.2008 constant 2022 US$ per US$ of GDP | +6.3% |
| 1969 | 0.1745 constant 2022 US$ per US$ of GDP | -13.1% |
| 1970 | 0.162 constant 2022 US$ per US$ of GDP | -7.2% |
| 1971 | 0.1611 constant 2022 US$ per US$ of GDP | -0.6% |
| 1972 | 0.1549 constant 2022 US$ per US$ of GDP | -3.9% |
| 1973 | 0.1307 constant 2022 US$ per US$ of GDP | -15.6% |
| 1974 | 0.1068 constant 2022 US$ per US$ of GDP | -18.3% |
| 1975 | 0.1121 constant 2022 US$ per US$ of GDP | +4.9% |
| 1976 | 0.1396 constant 2022 US$ per US$ of GDP | +24.6% |
| 1977 | 0.1592 constant 2022 US$ per US$ of GDP | +14.1% |
| 1978 | 0.1638 constant 2022 US$ per US$ of GDP | +2.9% |
| 1979 | 0.1162 constant 2022 US$ per US$ of GDP | -29.1% |
| 1980 | 0.1203 constant 2022 US$ per US$ of GDP | +3.5% |
| 1981 | 0.0953 constant 2022 US$ per US$ of GDP | -20.8% |
| 1982 | 0.1668 constant 2022 US$ per US$ of GDP | +75.0% |
| 1983 | 0.1776 constant 2022 US$ per US$ of GDP | +6.5% |
| 1984 | 0.1763 constant 2022 US$ per US$ of GDP | -0.7% |
| 1985 | 0.1671 constant 2022 US$ per US$ of GDP | -5.2% |
| 1986 | 0.1376 constant 2022 US$ per US$ of GDP | -17.7% |
| 1987 | 0.1195 constant 2022 US$ per US$ of GDP | -13.1% |
| 1988 | 0.1083 constant 2022 US$ per US$ of GDP | -9.4% |
| 1989 | 0.061 constant 2022 US$ per US$ of GDP | -43.7% |
| 1990 | 0.0468 constant 2022 US$ per US$ of GDP | -23.3% |
| 1991 | 0.0306 constant 2022 US$ per US$ of GDP | -34.6% |
| 1992 | 0.0403 constant 2022 US$ per US$ of GDP | +31.8% |
| 1993 | 0.0417 constant 2022 US$ per US$ of GDP | +3.3% |
| 1994 | 0.0324 constant 2022 US$ per US$ of GDP | -22.3% |
| 1995 | 0.035 constant 2022 US$ per US$ of GDP | +8.1% |
| 1996 | 0.0334 constant 2022 US$ per US$ of GDP | -4.6% |
| 1997 | 0.0318 constant 2022 US$ per US$ of GDP | -4.6% |
| 1998 | 0.0305 constant 2022 US$ per US$ of GDP | -4.3% |
| 1999 | 0.0318 constant 2022 US$ per US$ of GDP | +4.4% |
| 2000 | 0.0281 constant 2022 US$ per US$ of GDP | -11.6% |
| 2001 | 0.0273 constant 2022 US$ per US$ of GDP | -2.9% |
| 2002 | 0.0263 constant 2022 US$ per US$ of GDP | -3.7% |
| 2003 | 0.0229 constant 2022 US$ per US$ of GDP | -12.8% |
| 2004 | 0.0203 constant 2022 US$ per US$ of GDP | -11.2% |
| 2005 | 0.0186 constant 2022 US$ per US$ of GDP | -8.7% |
| 2006 | 0.0173 constant 2022 US$ per US$ of GDP | -6.7% |
| 2007 | 0.0163 constant 2022 US$ per US$ of GDP | -6.0% |
| 2008 | 0.0143 constant 2022 US$ per US$ of GDP | -12.5% |
| 2009 | 0.0158 constant 2022 US$ per US$ of GDP | +10.8% |
| 2010 | 0.0134 constant 2022 US$ per US$ of GDP | -14.9% |
| 2011 | 0.0142 constant 2022 US$ per US$ of GDP | +5.3% |
| 2012 | 0.0147 constant 2022 US$ per US$ of GDP | +3.9% |
| 2013 | 0.0158 constant 2022 US$ per US$ of GDP | +7.7% |
| 2014 | 0.0151 constant 2022 US$ per US$ of GDP | -5.0% |
| 2015 | 0.0152 constant 2022 US$ per US$ of GDP | +0.8% |
| 2016 | 0.0139 constant 2022 US$ per US$ of GDP | -8.2% |
| 2017 | 0.0135 constant 2022 US$ per US$ of GDP | -3.4% |
| 2018 | 0.0129 constant 2022 US$ per US$ of GDP | -3.8% |
| 2019 | 0.0141 constant 2022 US$ per US$ of GDP | +9.1% |
| 2020 | 0.016 constant 2022 US$ per US$ of GDP | +13.6% |
| 2021 | 0.0148 constant 2022 US$ per US$ of GDP | -7.9% |
| 2022 | 0.0132 constant 2022 US$ per US$ of GDP | -10.7% |
| 2023 | 0.0133 constant 2022 US$ per US$ of GDP | +0.6% |
Peru compared with similar countries
- Peru's 0.0133 constant 2022 US$ per US$ of GDP is below the median for upper middle income countries, which is 0.0152 constant 2022 US$ per US$ of GDP, 87% of the median. (49 countries reporting)
- Peru's 0.0133 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)
Biggest year-on-year movements
Years where Military spending, per unit of GDP in Peru changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1982 | +75.0% | 0.0953 constant 2022 US$ per US$ of GDP | 0.1668 constant 2022 US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.1849 constant 2022 US$ per US$ of GDP | 0.1674 constant 2022 US$ per US$ of GDP | 0.2008 constant 2022 US$ per US$ of GDP | 10 |
| 1970s | 0.1406 constant 2022 US$ per US$ of GDP | 0.1068 constant 2022 US$ per US$ of GDP | 0.1638 constant 2022 US$ per US$ of GDP | 10 |
| 1980s | 0.133 constant 2022 US$ per US$ of GDP | 0.061 constant 2022 US$ per US$ of GDP | 0.1776 constant 2022 US$ per US$ of GDP | 10 |
| 1990s | 0.0354 constant 2022 US$ per US$ of GDP | 0.0305 constant 2022 US$ per US$ of GDP | 0.0468 constant 2022 US$ per US$ of GDP | 10 |
| 2000s | 0.0207 constant 2022 US$ per US$ of GDP | 0.0143 constant 2022 US$ per US$ of GDP | 0.0281 constant 2022 US$ per US$ of GDP | 10 |
| 2010s | 0.0143 constant 2022 US$ per US$ of GDP | 0.0129 constant 2022 US$ per US$ of GDP | 0.0158 constant 2022 US$ per US$ of GDP | 10 |
| 2020s | 0.0143 constant 2022 US$ per US$ of GDP | 0.0132 constant 2022 US$ per US$ of GDP | 0.016 constant 2022 US$ per US$ of GDP | 4 |
Countries ranked near Peru
- 112 Bolivia 0.0136 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
- 116 Tanzania 0.0131 constant 2022 US$ per US$ of GDP compare
- 117 Jamaica 0.013 constant 2022 US$ per US$ of GDP compare
- 118 Belgium 0.013 constant 2022 US$ per US$ of GDP compare
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 unit of gdp in Peru?
- Military spending, per unit of gdp in Peru was 0.0133 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 Peru?
- The highest recorded value was 0.2008 constant 2022 US$ per US$ of GDP in 1968.
- What is the lowest military spending, per unit of gdp recorded in Peru?
- The lowest recorded value was 0.0129 constant 2022 US$ per US$ of GDP in 2018.
- How does Peru rank for military spending, per unit of gdp?
- Peru ranks 115th out of 170 countries with data for 2023.
- Is military spending, per unit of gdp rising or falling in Peru?
- Over the last ten years it is down 16.2%. The long-run trend across the full record is volatile.
- Where does this Peru 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
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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.