Military spending, per unit of GDP in Peru

Peru: Military spending, per unit of GDP was 0.0072 constant 2024 US$ per US$ of GDP in 2025. ◆ Volatile

Latest (2025)
0.0072 constant 2024 US$ per US$ of GDP
Change on year
down 16.8%
World rank
133rd
of 160 countries
All-time high
0.7846 constant 2024 US$ per US$ of GDP
in 1977
All-time low
0.0072 constant 2024 US$ per US$ of GDP
in 2025
Years of data
66
1960–2025

Military spending, per unit of GDP in Peru, 1960–2025

00.20.40.60.8196019922025

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

Analysis

The most recent figure for military spending, per unit of gdp in Peru is 0.0072 constant 2024 US$ per US$ of GDP, measured in 2025. That is the lowest value across all 66 years on record.

That represents a change of down 16.8% on the previous year and down 64.7% over ten years.

Over the whole period, military spending, per unit of gdp in Peru peaked at 0.7846 constant 2024 US$ per US$ of GDP in 1977 and was at its lowest, 0.0072 constant 2024 US$ per US$ of GDP, in 2025.

Peru ranks 133rd of 160 countries on this measure, in the bottom quarter.

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

Annual values for Military spending, per unit of GDP in Peru, 1960 to 2025.
Year constant 2024 US$ per US$ of GDP Change
1960 0.5551 constant 2024 US$ per US$ of GDP
1961 0.5867 constant 2024 US$ per US$ of GDP +5.7%
1962 0.5113 constant 2024 US$ per US$ of GDP -12.9%
1963 0.6451 constant 2024 US$ per US$ of GDP +26.2%
1964 0.601 constant 2024 US$ per US$ of GDP -6.8%
1965 0.4799 constant 2024 US$ per US$ of GDP -20.1%
1966 0.4072 constant 2024 US$ per US$ of GDP -15.2%
1967 0.694 constant 2024 US$ per US$ of GDP +70.4%
1968 0.3735 constant 2024 US$ per US$ of GDP -46.2%
1969 0.3578 constant 2024 US$ per US$ of GDP -4.2%
1970 0.4978 constant 2024 US$ per US$ of GDP +39.1%
1971 0.4739 constant 2024 US$ per US$ of GDP -4.8%
1972 0.4458 constant 2024 US$ per US$ of GDP -5.9%
1973 0.4484 constant 2024 US$ per US$ of GDP +0.6%
1974 0.3799 constant 2024 US$ per US$ of GDP -15.3%
1975 0.4102 constant 2024 US$ per US$ of GDP +8.0%
1976 0.4877 constant 2024 US$ per US$ of GDP +18.9%
1977 0.7846 constant 2024 US$ per US$ of GDP +60.9%
1978 0.6926 constant 2024 US$ per US$ of GDP -11.7%
1979 0.366 constant 2024 US$ per US$ of GDP -47.2%
1980 0.4738 constant 2024 US$ per US$ of GDP +29.4%
1981 0.3468 constant 2024 US$ per US$ of GDP -26.8%
1982 0.4414 constant 2024 US$ per US$ of GDP +27.3%
1983 0.4482 constant 2024 US$ per US$ of GDP +1.5%
1984 0.3214 constant 2024 US$ per US$ of GDP -28.3%
1985 0.4513 constant 2024 US$ per US$ of GDP +40.4%
1986 0.2893 constant 2024 US$ per US$ of GDP -35.9%
1987 0.1868 constant 2024 US$ per US$ of GDP -35.4%
1988 0.2254 constant 2024 US$ per US$ of GDP +20.7%
1989 0.1071 constant 2024 US$ per US$ of GDP -52.5%
1990 0.0764 constant 2024 US$ per US$ of GDP -28.7%
1991 0.0426 constant 2024 US$ per US$ of GDP -44.3%
1992 0.049 constant 2024 US$ per US$ of GDP +15.1%
1993 0.0575 constant 2024 US$ per US$ of GDP +17.3%
1994 0.0462 constant 2024 US$ per US$ of GDP -19.6%
1995 0.0457 constant 2024 US$ per US$ of GDP -1.1%
1996 0.0425 constant 2024 US$ per US$ of GDP -6.9%
1997 0.0341 constant 2024 US$ per US$ of GDP -19.8%
1998 0.0355 constant 2024 US$ per US$ of GDP +4.1%
1999 0.0381 constant 2024 US$ per US$ of GDP +7.2%
2000 0.0338 constant 2024 US$ per US$ of GDP -11.4%
2001 0.0328 constant 2024 US$ per US$ of GDP -2.8%
2002 0.029 constant 2024 US$ per US$ of GDP -11.7%
2003 0.0277 constant 2024 US$ per US$ of GDP -4.2%
2004 0.0239 constant 2024 US$ per US$ of GDP -13.9%
2005 0.026 constant 2024 US$ per US$ of GDP +8.8%
2006 0.0233 constant 2024 US$ per US$ of GDP -10.3%
2007 0.0196 constant 2024 US$ per US$ of GDP -15.9%
2008 0.0166 constant 2024 US$ per US$ of GDP -15.5%
2009 0.0203 constant 2024 US$ per US$ of GDP +22.7%
2010 0.0181 constant 2024 US$ per US$ of GDP -10.8%
2011 0.0159 constant 2024 US$ per US$ of GDP -12.4%
2012 0.0159 constant 2024 US$ per US$ of GDP +0.0%
2013 0.0175 constant 2024 US$ per US$ of GDP +10.4%
2014 0.0174 constant 2024 US$ per US$ of GDP -0.9%
2015 0.0205 constant 2024 US$ per US$ of GDP +18.1%
2016 0.0159 constant 2024 US$ per US$ of GDP -22.5%
2017 0.0143 constant 2024 US$ per US$ of GDP -10.2%
2018 0.0133 constant 2024 US$ per US$ of GDP -6.6%
2019 0.0134 constant 2024 US$ per US$ of GDP +0.6%
2020 0.015 constant 2024 US$ per US$ of GDP +12.1%
2021 0.0142 constant 2024 US$ per US$ of GDP -5.9%
2022 0.0126 constant 2024 US$ per US$ of GDP -10.9%
2023 0.0126 constant 2024 US$ per US$ of GDP -0.5%
2024 0.0087 constant 2024 US$ per US$ of GDP -30.6%
2025 0.0072 constant 2024 US$ per US$ of GDP -16.8%

Peru compared with similar countries

  • Peru's 0.0072 constant 2024 US$ per US$ of GDP is below the median for upper middle income countries, which is 0.0132 constant 2024 US$ per US$ of GDP, 55% of the median. (46 countries reporting)
  • Peru's 0.0072 constant 2024 US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.0088 constant 2024 US$ per US$ of GDP, 82% of the median. (22 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.5212 constant 2024 US$ per US$ of GDP 0.3578 constant 2024 US$ per US$ of GDP 0.694 constant 2024 US$ per US$ of GDP 10
1970s 0.4987 constant 2024 US$ per US$ of GDP 0.366 constant 2024 US$ per US$ of GDP 0.7846 constant 2024 US$ per US$ of GDP 10
1980s 0.3291 constant 2024 US$ per US$ of GDP 0.1071 constant 2024 US$ per US$ of GDP 0.4738 constant 2024 US$ per US$ of GDP 10
1990s 0.0468 constant 2024 US$ per US$ of GDP 0.0341 constant 2024 US$ per US$ of GDP 0.0764 constant 2024 US$ per US$ of GDP 10
2000s 0.0253 constant 2024 US$ per US$ of GDP 0.0166 constant 2024 US$ per US$ of GDP 0.0338 constant 2024 US$ per US$ of GDP 10
2010s 0.0162 constant 2024 US$ per US$ of GDP 0.0133 constant 2024 US$ per US$ of GDP 0.0205 constant 2024 US$ per US$ of GDP 10
2020s 0.0117 constant 2024 US$ per US$ of GDP 0.0072 constant 2024 US$ per US$ of GDP 0.015 constant 2024 US$ per US$ of GDP 6

Countries ranked near Peru

  1. 130 Luxembourg 0.0079 constant 2024 US$ per US$ of GDP compare
  2. 131 Liberia 0.0077 constant 2024 US$ per US$ of GDP compare
  3. 132 Mexico 0.0075 constant 2024 US$ per US$ of GDP compare
  4. 134 Cote d'Ivoire 0.0072 constant 2024 US$ per US$ of GDP compare
  5. 135 South Africa 0.007 constant 2024 US$ per US$ of GDP compare
  6. 136 Switzerland 0.0069 constant 2024 US$ per US$ of GDP compare

See the full ranking of 160 places →

More reference data data for Peru

All data for Peru →

Frequently asked questions

What is military spending, per unit of gdp in Peru?
Military spending, per unit of gdp in Peru was 0.0072 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 Peru?
The highest recorded value was 0.7846 constant 2024 US$ per US$ of GDP in 1977.
What is the lowest military spending, per unit of gdp recorded in Peru?
The lowest recorded value was 0.0072 constant 2024 US$ per US$ of GDP in 2025.
How does Peru rank for military spending, per unit of gdp?
Peru ranks 133rd out of 160 countries with data for 2025.
Is military spending, per unit of gdp rising or falling in Peru?
Over the last ten years it is down 64.7%. 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.

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

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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.