Military spending, per unit of GDP in Bolivia

Bolivia: Military spending, per unit of GDP was 0.0088 constant 2024 US$ per US$ of GDP in 2025. ◆ Volatile

Latest (2025)
0.0088 constant 2024 US$ per US$ of GDP
Change on year
down 15.4%
World rank
120th
of 160 countries
All-time high
0.1476 constant 2024 US$ per US$ of GDP
in 1963
All-time low
0.0088 constant 2024 US$ per US$ of GDP
in 2025
Years of data
61
1961–2025

Military spending, per unit of GDP in Bolivia, 1961–2025

00.050.10.15196119932025

Source: Statizoid (derived). Measured in constant 2024 US$ per US$ of GDP.

Analysis

Bolivia recorded 0.0088 constant 2024 US$ per US$ of GDP for military spending, per unit of gdp in 2025. That is the lowest value across all 61 years on record.

Compared with earlier readings it is down 15.4% on the previous year and down 59.3% over ten years.

Over the whole period, military spending, per unit of gdp in Bolivia peaked at 0.1476 constant 2024 US$ per US$ of GDP in 1963 and was at its lowest, 0.0088 constant 2024 US$ per US$ of GDP, in 2025.

That places Bolivia 120th out of 160 countries with data for 2025, 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

Annual values for Military spending, per unit of GDP in Bolivia, 1961 to 2025.
Year constant 2024 US$ per US$ of GDP Change
1961 0.1408 constant 2024 US$ per US$ of GDP
1962 0.128 constant 2024 US$ per US$ of GDP -9.1%
1963 0.1476 constant 2024 US$ per US$ of GDP +15.3%
1968 0.1057 constant 2024 US$ per US$ of GDP -28.4%
1969 0.1009 constant 2024 US$ per US$ of GDP -4.5%
1970 0.1216 constant 2024 US$ per US$ of GDP +20.5%
1971 0.1029 constant 2024 US$ per US$ of GDP -15.4%
1972 0.1229 constant 2024 US$ per US$ of GDP +19.4%
1973 0.1429 constant 2024 US$ per US$ of GDP +16.3%
1974 0.0993 constant 2024 US$ per US$ of GDP -30.5%
1975 0.1178 constant 2024 US$ per US$ of GDP +18.6%
1976 0.1137 constant 2024 US$ per US$ of GDP -3.5%
1977 0.0976 constant 2024 US$ per US$ of GDP -14.1%
1978 0.1013 constant 2024 US$ per US$ of GDP +3.8%
1979 0.0899 constant 2024 US$ per US$ of GDP -11.2%
1980 0.095 constant 2024 US$ per US$ of GDP +5.6%
1981 0.0831 constant 2024 US$ per US$ of GDP -12.5%
1982 0.053 constant 2024 US$ per US$ of GDP -36.2%
1983 0.0383 constant 2024 US$ per US$ of GDP -27.8%
1984 0.053 constant 2024 US$ per US$ of GDP +38.5%
1985 0.0653 constant 2024 US$ per US$ of GDP +23.2%
1986 0.0729 constant 2024 US$ per US$ of GDP +11.6%
1987 0.0689 constant 2024 US$ per US$ of GDP -5.4%
1988 0.0578 constant 2024 US$ per US$ of GDP -16.2%
1989 0.0613 constant 2024 US$ per US$ of GDP +6.1%
1990 0.0806 constant 2024 US$ per US$ of GDP +31.4%
1991 0.0715 constant 2024 US$ per US$ of GDP -11.3%
1992 0.0648 constant 2024 US$ per US$ of GDP -9.4%
1993 0.0499 constant 2024 US$ per US$ of GDP -23.0%
1994 0.0589 constant 2024 US$ per US$ of GDP +17.9%
1995 0.0517 constant 2024 US$ per US$ of GDP -12.2%
1996 0.0461 constant 2024 US$ per US$ of GDP -10.9%
1997 0.0521 constant 2024 US$ per US$ of GDP +13.2%
1998 0.0601 constant 2024 US$ per US$ of GDP +15.3%
1999 0.0492 constant 2024 US$ per US$ of GDP -18.1%
2000 0.0484 constant 2024 US$ per US$ of GDP -1.7%
2001 0.0572 constant 2024 US$ per US$ of GDP +18.3%
2002 0.0528 constant 2024 US$ per US$ of GDP -7.8%
2003 0.0588 constant 2024 US$ per US$ of GDP +11.4%
2004 0.0516 constant 2024 US$ per US$ of GDP -12.3%
2005 0.045 constant 2024 US$ per US$ of GDP -12.7%
2006 0.0366 constant 2024 US$ per US$ of GDP -18.7%
2007 0.0335 constant 2024 US$ per US$ of GDP -8.4%
2008 0.04 constant 2024 US$ per US$ of GDP +19.1%
2009 0.0301 constant 2024 US$ per US$ of GDP -24.7%
2010 0.0464 constant 2024 US$ per US$ of GDP +54.2%
2011 0.0253 constant 2024 US$ per US$ of GDP -45.6%
2012 0.0264 constant 2024 US$ per US$ of GDP +4.4%
2013 0.0249 constant 2024 US$ per US$ of GDP -5.6%
2014 0.0242 constant 2024 US$ per US$ of GDP -2.6%
2015 0.0216 constant 2024 US$ per US$ of GDP -10.9%
2016 0.0181 constant 2024 US$ per US$ of GDP -16.1%
2017 0.0145 constant 2024 US$ per US$ of GDP -20.3%
2018 0.014 constant 2024 US$ per US$ of GDP -2.9%
2019 0.0134 constant 2024 US$ per US$ of GDP -4.6%
2020 0.0132 constant 2024 US$ per US$ of GDP -1.3%
2021 0.0122 constant 2024 US$ per US$ of GDP -7.8%
2022 0.009 constant 2024 US$ per US$ of GDP -26.2%
2023 0.0117 constant 2024 US$ per US$ of GDP +30.5%
2024 0.0104 constant 2024 US$ per US$ of GDP -11.3%
2025 0.0088 constant 2024 US$ per US$ of GDP -15.4%

Bolivia compared with similar countries

  • Bolivia's 0.0088 constant 2024 US$ per US$ of GDP is below the median for lower middle income countries, which is 0.0124 constant 2024 US$ per US$ of GDP, 71% of the median. (39 countries reporting)
  • Bolivia's 0.0088 constant 2024 US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.0088 constant 2024 US$ per US$ of GDP, 1.0× the median. (22 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.1246 constant 2024 US$ per US$ of GDP 0.1009 constant 2024 US$ per US$ of GDP 0.1476 constant 2024 US$ per US$ of GDP 5
1970s 0.111 constant 2024 US$ per US$ of GDP 0.0899 constant 2024 US$ per US$ of GDP 0.1429 constant 2024 US$ per US$ of GDP 10
1980s 0.0649 constant 2024 US$ per US$ of GDP 0.0383 constant 2024 US$ per US$ of GDP 0.095 constant 2024 US$ per US$ of GDP 10
1990s 0.0585 constant 2024 US$ per US$ of GDP 0.0461 constant 2024 US$ per US$ of GDP 0.0806 constant 2024 US$ per US$ of GDP 10
2000s 0.0454 constant 2024 US$ per US$ of GDP 0.0301 constant 2024 US$ per US$ of GDP 0.0588 constant 2024 US$ per US$ of GDP 10
2010s 0.0229 constant 2024 US$ per US$ of GDP 0.0134 constant 2024 US$ per US$ of GDP 0.0464 constant 2024 US$ per US$ of GDP 10
2020s 0.0109 constant 2024 US$ per US$ of GDP 0.0088 constant 2024 US$ per US$ of GDP 0.0132 constant 2024 US$ per US$ of GDP 6

Countries ranked near Bolivia

  1. 117 Malaysia 0.0096 constant 2024 US$ per US$ of GDP compare
  2. 118 Nepal 0.0094 constant 2024 US$ per US$ of GDP compare
  3. 119 Guyana 0.0089 constant 2024 US$ per US$ of GDP compare
  4. 121 Trinidad and Tobago 0.0088 constant 2024 US$ per US$ of GDP compare
  5. 122 Equatorial Guinea 0.0088 constant 2024 US$ per US$ of GDP compare
  6. 123 Malawi 0.0086 constant 2024 US$ per US$ of GDP compare

See the full ranking of 160 places →

More reference data data for Bolivia

All data for Bolivia →

Frequently asked questions

What is military spending, per unit of gdp in Bolivia?
Military spending, per unit of gdp in Bolivia was 0.0088 constant 2024 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Bolivia?
The highest recorded value was 0.1476 constant 2024 US$ per US$ of GDP in 1963.
What is the lowest military spending, per unit of gdp recorded in Bolivia?
The lowest recorded value was 0.0088 constant 2024 US$ per US$ of GDP in 2025.
How does Bolivia rank for military spending, per unit of gdp?
Bolivia ranks 120th out of 160 countries with data for 2025.
Is military spending, per unit of gdp rising or falling in Bolivia?
Over the last ten years it is down 59.3%. 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.

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

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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 2024 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
160 places, 7,842 data points, 1960–2025
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.