Military spending in Bolivia
Bolivia: Military spending was 569.70 million constant 2024 US$ in 2025. ◆ Volatile
Latest (2025)
569.70 million constant 2024 US$
Change on year
down 0.2%
World rank
104th
of 162 countries
All-time high
912.10 million constant 2024 US$
in 2010
All-time low
30.92 million constant 2024 US$
in 1956
Years of data
65
1953–2025
Military spending in Bolivia, 1953–2025
Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.
Analysis
In 2025, military spending in Bolivia stood at 569.70 million constant 2024 US$.
Compared with earlier readings it is down 0.2% on the previous year and down 20.1% over ten years.
Over the whole period, military spending in Bolivia peaked at 912.10 million constant 2024 US$ in 2010 and was at its lowest, 30.92 million constant 2024 US$, in 1956.
That places Bolivia 104th out of 162 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending in Bolivia, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1953 | 61.23 million constant 2024 US$ | — |
| 1955 | 41.79 million constant 2024 US$ | -31.8% |
| 1956 | 30.92 million constant 2024 US$ | -26.0% |
| 1957 | 35.50 million constant 2024 US$ | +14.8% |
| 1961 | 57.72 million constant 2024 US$ | +62.6% |
| 1962 | 57.39 million constant 2024 US$ | -0.6% |
| 1963 | 71.25 million constant 2024 US$ | +24.1% |
| 1968 | 90.65 million constant 2024 US$ | +27.2% |
| 1969 | 93.83 million constant 2024 US$ | +3.5% |
| 1970 | 123.64 million constant 2024 US$ | +31.8% |
| 1971 | 112.70 million constant 2024 US$ | -8.8% |
| 1972 | 154.51 million constant 2024 US$ | +37.1% |
| 1973 | 180.53 million constant 2024 US$ | +16.8% |
| 1974 | 208.66 million constant 2024 US$ | +15.6% |
| 1975 | 283.33 million constant 2024 US$ | +35.8% |
| 1976 | 310.54 million constant 2024 US$ | +9.6% |
| 1977 | 315.12 million constant 2024 US$ | +1.5% |
| 1978 | 380.73 million constant 2024 US$ | +20.8% |
| 1979 | 397.52 million constant 2024 US$ | +4.4% |
| 1980 | 430.86 million constant 2024 US$ | +8.4% |
| 1981 | 489.54 million constant 2024 US$ | +13.6% |
| 1982 | 296.60 million constant 2024 US$ | -39.4% |
| 1983 | 207.60 million constant 2024 US$ | -30.0% |
| 1984 | 327.19 million constant 2024 US$ | +57.6% |
| 1985 | 351.37 million constant 2024 US$ | +7.4% |
| 1986 | 288.64 million constant 2024 US$ | -17.9% |
| 1987 | 299.77 million constant 2024 US$ | +3.9% |
| 1988 | 265.69 million constant 2024 US$ | -11.4% |
| 1989 | 289.15 million constant 2024 US$ | +8.8% |
| 1990 | 392.23 million constant 2024 US$ | +35.6% |
| 1991 | 381.99 million constant 2024 US$ | -2.6% |
| 1992 | 365.64 million constant 2024 US$ | -4.3% |
| 1993 | 286.24 million constant 2024 US$ | -21.7% |
| 1994 | 352.06 million constant 2024 US$ | +23.0% |
| 1995 | 347.13 million constant 2024 US$ | -1.4% |
| 1996 | 340.79 million constant 2024 US$ | -1.8% |
| 1997 | 413.20 million constant 2024 US$ | +21.2% |
| 1998 | 510.71 million constant 2024 US$ | +23.6% |
| 1999 | 407.58 million constant 2024 US$ | -20.2% |
| 2000 | 406.30 million constant 2024 US$ | -0.3% |
| 2001 | 465.98 million constant 2024 US$ | +14.7% |
| 2002 | 417.31 million constant 2024 US$ | -10.4% |
| 2003 | 475.42 million constant 2024 US$ | +13.9% |
| 2004 | 452.58 million constant 2024 US$ | -4.8% |
| 2005 | 430.08 million constant 2024 US$ | -5.0% |
| 2006 | 419.51 million constant 2024 US$ | -2.5% |
| 2007 | 440.03 million constant 2024 US$ | +4.9% |
| 2008 | 666.31 million constant 2024 US$ | +51.4% |
| 2009 | 522.04 million constant 2024 US$ | -21.7% |
| 2010 | 912.10 million constant 2024 US$ | +74.7% |
| 2011 | 605.17 million constant 2024 US$ | -33.7% |
| 2012 | 714.41 million constant 2024 US$ | +18.1% |
| 2013 | 763.03 million constant 2024 US$ | +6.8% |
| 2014 | 799.89 million constant 2024 US$ | +4.8% |
| 2015 | 713.06 million constant 2024 US$ | -10.9% |
| 2016 | 615.64 million constant 2024 US$ | -13.7% |
| 2017 | 664.25 million constant 2024 US$ | +7.9% |
| 2018 | 679.67 million constant 2024 US$ | +2.3% |
| 2019 | 656.81 million constant 2024 US$ | -3.4% |
| 2020 | 559.03 million constant 2024 US$ | -14.9% |
| 2021 | 583.02 million constant 2024 US$ | +4.3% |
| 2022 | 458.14 million constant 2024 US$ | -21.4% |
| 2023 | 613.89 million constant 2024 US$ | +34.0% |
| 2024 | 570.91 million constant 2024 US$ | -7.0% |
| 2025 | 569.70 million constant 2024 US$ | -0.2% |
Bolivia compared with similar countries
- Bolivia's 569.70 million constant 2024 US$ is above the median for lower middle income countries, which is 557.82 million constant 2024 US$, 1.0× the median. (39 countries reporting)
- Bolivia's 569.70 million constant 2024 US$ is below the median for Latin America & Caribbean, which is 575.75 million constant 2024 US$, 99% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 42.36 million constant 2024 US$ | 30.92 million constant 2024 US$ | 61.23 million constant 2024 US$ | 4 |
| 1960s | 74.17 million constant 2024 US$ | 57.39 million constant 2024 US$ | 93.83 million constant 2024 US$ | 5 |
| 1970s | 246.73 million constant 2024 US$ | 112.70 million constant 2024 US$ | 397.52 million constant 2024 US$ | 10 |
| 1980s | 324.64 million constant 2024 US$ | 207.60 million constant 2024 US$ | 489.54 million constant 2024 US$ | 10 |
| 1990s | 379.76 million constant 2024 US$ | 286.24 million constant 2024 US$ | 510.71 million constant 2024 US$ | 10 |
| 2000s | 469.56 million constant 2024 US$ | 406.30 million constant 2024 US$ | 666.31 million constant 2024 US$ | 10 |
| 2010s | 712.40 million constant 2024 US$ | 605.17 million constant 2024 US$ | 912.10 million constant 2024 US$ | 10 |
| 2020s | 559.12 million constant 2024 US$ | 458.14 million constant 2024 US$ | 613.89 million constant 2024 US$ | 6 |
Countries ranked near Bolivia
- 101 Guinea 586.16 million constant 2024 US$ compare
- 102 Honduras 581.80 million constant 2024 US$ compare
- 103 Cameroon 580.36 million constant 2024 US$ compare
- 105 Albania 568.10 million constant 2024 US$ compare
- 106 Brunei 560.27 million constant 2024 US$ compare
- 107 Kyrgyzstan 557.82 million constant 2024 US$ 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 in Bolivia?
- Military spending in Bolivia was 569.70 million constant 2024 US$ in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Bolivia?
- The highest recorded value was 912.10 million constant 2024 US$ in 2010.
- What is the lowest military spending recorded in Bolivia?
- The lowest recorded value was 30.92 million constant 2024 US$ in 1956.
- How does Bolivia rank for military spending?
- Bolivia ranks 104th out of 162 countries with data for 2025.
- Is military spending rising or falling in Bolivia?
- Over the last ten years it is down 20.1%. The long-run trend across the full record is volatile.
- Where does this Bolivia data come from?
- The figures come from Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.
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About this data
This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.