Military spending in Chile
Chile: Military spending was 5.15 billion constant 2024 US$ in 2025. ◆ Volatile
Latest (2025)
5.15 billion constant 2024 US$
Change on year
down 6.4%
World rank
50th
of 162 countries
All-time high
5.77 billion constant 2024 US$
in 2020
All-time low
112.23 million constant 2024 US$
in 1954
Years of data
73
1953–2025
Military spending in Chile, 1953–2025
Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.
Analysis
Chile recorded 5.15 billion constant 2024 US$ for military spending in 2025.
That represents a change of down 6.4% on the previous year and up 6.8% over ten years.
Over the whole period, military spending in Chile peaked at 5.77 billion constant 2024 US$ in 2020 and was at its lowest, 112.23 million constant 2024 US$, in 1954.
That places Chile 50th out of 162 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending in Chile, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1953 | 204.87 million constant 2024 US$ | — |
| 1954 | 112.23 million constant 2024 US$ | -45.2% |
| 1955 | 157.87 million constant 2024 US$ | +40.7% |
| 1956 | 200.49 million constant 2024 US$ | +27.0% |
| 1957 | 201.79 million constant 2024 US$ | +0.7% |
| 1958 | 222.49 million constant 2024 US$ | +10.3% |
| 1959 | 169.86 million constant 2024 US$ | -23.7% |
| 1960 | 235.55 million constant 2024 US$ | +38.7% |
| 1961 | 277.92 million constant 2024 US$ | +18.0% |
| 1962 | 249.99 million constant 2024 US$ | -10.0% |
| 1963 | 248.72 million constant 2024 US$ | -0.5% |
| 1964 | 237.69 million constant 2024 US$ | -4.4% |
| 1965 | 283.28 million constant 2024 US$ | +19.2% |
| 1966 | 312.17 million constant 2024 US$ | +10.2% |
| 1967 | 340.19 million constant 2024 US$ | +9.0% |
| 1968 | 346.45 million constant 2024 US$ | +1.8% |
| 1969 | 344.15 million constant 2024 US$ | -0.7% |
| 1970 | 734.59 million constant 2024 US$ | +113.5% |
| 1971 | 1.11 billion constant 2024 US$ | +51.4% |
| 1972 | 1.22 billion constant 2024 US$ | +10.0% |
| 1973 | 1.25 billion constant 2024 US$ | +2.2% |
| 1974 | 1.88 billion constant 2024 US$ | +50.1% |
| 1975 | 1.44 billion constant 2024 US$ | -23.0% |
| 1976 | 1.52 billion constant 2024 US$ | +5.1% |
| 1977 | 2.01 billion constant 2024 US$ | +32.4% |
| 1978 | 2.36 billion constant 2024 US$ | +17.7% |
| 1979 | 2.64 billion constant 2024 US$ | +11.8% |
| 1980 | 2.79 billion constant 2024 US$ | +5.5% |
| 1981 | 2.99 billion constant 2024 US$ | +7.2% |
| 1982 | 3.34 billion constant 2024 US$ | +11.9% |
| 1983 | 2.82 billion constant 2024 US$ | -15.7% |
| 1984 | 2.87 billion constant 2024 US$ | +1.8% |
| 1985 | 2.79 billion constant 2024 US$ | -2.8% |
| 1986 | 2.74 billion constant 2024 US$ | -1.7% |
| 1987 | 2.72 billion constant 2024 US$ | -0.7% |
| 1988 | 2.27 billion constant 2024 US$ | -16.6% |
| 1989 | 2.09 billion constant 2024 US$ | -7.9% |
| 1990 | 1.98 billion constant 2024 US$ | -5.5% |
| 1991 | 1.87 billion constant 2024 US$ | -5.4% |
| 1992 | 1.90 billion constant 2024 US$ | +1.3% |
| 1993 | 2.07 billion constant 2024 US$ | +9.2% |
| 1994 | 2.19 billion constant 2024 US$ | +5.9% |
| 1995 | 2.39 billion constant 2024 US$ | +8.8% |
| 1996 | 2.41 billion constant 2024 US$ | +0.8% |
| 1997 | 2.57 billion constant 2024 US$ | +6.7% |
| 1998 | 2.67 billion constant 2024 US$ | +4.0% |
| 1999 | 2.76 billion constant 2024 US$ | +3.5% |
| 2000 | 2.91 billion constant 2024 US$ | +5.1% |
| 2001 | 2.97 billion constant 2024 US$ | +2.3% |
| 2002 | 2.96 billion constant 2024 US$ | -0.5% |
| 2003 | 3.35 billion constant 2024 US$ | +13.4% |
| 2004 | 3.80 billion constant 2024 US$ | +13.4% |
| 2005 | 3.91 billion constant 2024 US$ | +2.8% |
| 2006 | 4.45 billion constant 2024 US$ | +13.9% |
| 2007 | 4.39 billion constant 2024 US$ | -1.5% |
| 2008 | 4.66 billion constant 2024 US$ | +6.1% |
| 2009 | 4.19 billion constant 2024 US$ | -10.1% |
| 2010 | 4.71 billion constant 2024 US$ | +12.5% |
| 2011 | 5.02 billion constant 2024 US$ | +6.6% |
| 2012 | 4.71 billion constant 2024 US$ | -6.1% |
| 2013 | 4.77 billion constant 2024 US$ | +1.2% |
| 2014 | 4.84 billion constant 2024 US$ | +1.5% |
| 2015 | 4.83 billion constant 2024 US$ | -0.3% |
| 2016 | 4.98 billion constant 2024 US$ | +3.3% |
| 2017 | 5.23 billion constant 2024 US$ | +4.9% |
| 2018 | 5.22 billion constant 2024 US$ | -0.2% |
| 2019 | 5.21 billion constant 2024 US$ | -0.0% |
| 2020 | 5.77 billion constant 2024 US$ | +10.6% |
| 2021 | 5.24 billion constant 2024 US$ | -9.2% |
| 2022 | 4.84 billion constant 2024 US$ | -7.7% |
| 2023 | 5.08 billion constant 2024 US$ | +5.0% |
| 2024 | 5.51 billion constant 2024 US$ | +8.4% |
| 2025 | 5.15 billion constant 2024 US$ | -6.4% |
Chile compared with similar countries
- Chile's 5.15 billion constant 2024 US$ is below the median for high income countries, which is 6.82 billion constant 2024 US$, 76% of the median. (54 countries reporting)
- Chile's 5.15 billion constant 2024 US$ is above the median for Latin America & Caribbean, which is 575.75 million constant 2024 US$, 8.9× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Military spending in Chile changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1970 | +113.5% | 344.15 million constant 2024 US$ | 734.59 million constant 2024 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 181.37 million constant 2024 US$ | 112.23 million constant 2024 US$ | 222.49 million constant 2024 US$ | 7 |
| 1960s | 287.61 million constant 2024 US$ | 235.55 million constant 2024 US$ | 346.45 million constant 2024 US$ | 10 |
| 1970s | 1.62 billion constant 2024 US$ | 734.59 million constant 2024 US$ | 2.64 billion constant 2024 US$ | 10 |
| 1980s | 2.74 billion constant 2024 US$ | 2.09 billion constant 2024 US$ | 3.34 billion constant 2024 US$ | 10 |
| 1990s | 2.28 billion constant 2024 US$ | 1.87 billion constant 2024 US$ | 2.76 billion constant 2024 US$ | 10 |
| 2000s | 3.76 billion constant 2024 US$ | 2.91 billion constant 2024 US$ | 4.66 billion constant 2024 US$ | 10 |
| 2010s | 4.95 billion constant 2024 US$ | 4.71 billion constant 2024 US$ | 5.23 billion constant 2024 US$ | 10 |
| 2020s | 5.26 billion constant 2024 US$ | 4.84 billion constant 2024 US$ | 5.77 billion constant 2024 US$ | 6 |
Countries ranked near Chile
- 47 Morocco 5.88 billion constant 2024 US$ compare
- 48 Thailand 5.57 billion constant 2024 US$ compare
- 49 Portugal 5.50 billion constant 2024 US$ compare
- 51 Azerbaijan 4.67 billion constant 2024 US$ compare
- 52 Myanmar 4.65 billion constant 2024 US$ compare
- 53 Hungary 4.62 billion constant 2024 US$ compare
More reference data data for Chile
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9268 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.22 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 5.33 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2204 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 5.33 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.11 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.46 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 11.45 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 25.25 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.2 (2050)
Frequently asked questions
- What is military spending in Chile?
- Military spending in Chile was 5.15 billion 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 Chile?
- The highest recorded value was 5.77 billion constant 2024 US$ in 2020.
- What is the lowest military spending recorded in Chile?
- The lowest recorded value was 112.23 million constant 2024 US$ in 1954.
- How does Chile rank for military spending?
- Chile ranks 50th out of 162 countries with data for 2025.
- Is military spending rising or falling in Chile?
- Over the last ten years it is up 6.8%. The long-run trend across the full record is volatile.
- Where does this Chile 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.
Download this data
CSV · JSON — 73 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.