Military spending in Colombia

Colombia: Military spending was 13.74 billion constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
13.74 billion constant 2024 US$
Change on year
down 1.0%
World rank
31st
of 162 countries
All-time high
13.88 billion constant 2024 US$
in 2024
All-time low
385.45 million constant 2024 US$
in 1959
Years of data
68
1958–2025

Military spending in Colombia, 1958–2025

05.0B10.0B15.0B195819912025

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 Colombia stood at 13.74 billion constant 2024 US$.

The figure is down 1.0% on the previous year and up 34.0% over ten years.

Over the whole period, military spending in Colombia peaked at 13.88 billion constant 2024 US$ in 2024 and was at its lowest, 385.45 million constant 2024 US$, in 1959.

That places Colombia 31st out of 162 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending in Colombia, year by year

Annual values for Military spending in Colombia, 1958 to 2025.
Year constant 2024 US$ Change
1958 469.24 million constant 2024 US$ —
1959 385.45 million constant 2024 US$ -17.9%
1960 424.00 million constant 2024 US$ +10.0%
1961 506.55 million constant 2024 US$ +19.5%
1962 786.59 million constant 2024 US$ +55.3%
1963 898.54 million constant 2024 US$ +14.2%
1964 857.81 million constant 2024 US$ -4.5%
1965 904.52 million constant 2024 US$ +5.4%
1966 930.68 million constant 2024 US$ +2.9%
1967 955.00 million constant 2024 US$ +2.6%
1968 789.28 million constant 2024 US$ -17.4%
1969 731.36 million constant 2024 US$ -7.3%
1970 900.13 million constant 2024 US$ +23.1%
1971 1.42 billion constant 2024 US$ +57.2%
1972 883.17 million constant 2024 US$ -37.6%
1973 802.80 million constant 2024 US$ -9.1%
1974 796.47 million constant 2024 US$ -0.8%
1975 897.43 million constant 2024 US$ +12.7%
1976 842.51 million constant 2024 US$ -6.1%
1977 816.34 million constant 2024 US$ -3.1%
1978 951.96 million constant 2024 US$ +16.6%
1979 1.08 billion constant 2024 US$ +13.4%
1980 1.24 billion constant 2024 US$ +14.8%
1981 1.17 billion constant 2024 US$ -5.6%
1982 1.16 billion constant 2024 US$ -1.3%
1983 1.53 billion constant 2024 US$ +32.3%
1984 1.74 billion constant 2024 US$ +13.9%
1985 1.60 billion constant 2024 US$ -8.3%
1986 1.74 billion constant 2024 US$ +8.9%
1987 1.87 billion constant 2024 US$ +7.5%
1988 2.15 billion constant 2024 US$ +15.1%
1989 2.19 billion constant 2024 US$ +1.9%
1990 2.29 billion constant 2024 US$ +4.6%
1991 2.27 billion constant 2024 US$ -1.0%
1992 2.59 billion constant 2024 US$ +14.2%
1993 3.34 billion constant 2024 US$ +28.8%
1994 3.49 billion constant 2024 US$ +4.5%
1995 4.07 billion constant 2024 US$ +16.8%
1996 6.31 billion constant 2024 US$ +55.0%
1997 4.06 billion constant 2024 US$ -35.7%
1998 4.84 billion constant 2024 US$ +19.5%
1999 5.15 billion constant 2024 US$ +6.4%
2000 5.23 billion constant 2024 US$ +1.5%
2001 5.75 billion constant 2024 US$ +10.0%
2002 6.04 billion constant 2024 US$ +5.0%
2003 6.35 billion constant 2024 US$ +5.0%
2004 6.77 billion constant 2024 US$ +6.7%
2005 6.90 billion constant 2024 US$ +1.8%
2006 7.29 billion constant 2024 US$ +5.7%
2007 7.74 billion constant 2024 US$ +6.1%
2008 9.14 billion constant 2024 US$ +18.2%
2009 9.61 billion constant 2024 US$ +5.1%
2010 9.53 billion constant 2024 US$ -0.8%
2011 8.87 billion constant 2024 US$ -6.9%
2012 9.50 billion constant 2024 US$ +7.0%
2013 10.34 billion constant 2024 US$ +8.9%
2014 10.20 billion constant 2024 US$ -1.4%
2015 10.25 billion constant 2024 US$ +0.5%
2016 10.11 billion constant 2024 US$ -1.4%
2017 10.79 billion constant 2024 US$ +6.7%
2018 10.60 billion constant 2024 US$ -1.7%
2019 11.40 billion constant 2024 US$ +7.5%
2020 11.76 billion constant 2024 US$ +3.2%
2021 12.28 billion constant 2024 US$ +4.4%
2022 12.02 billion constant 2024 US$ -2.1%
2023 12.20 billion constant 2024 US$ +1.5%
2024 13.88 billion constant 2024 US$ +13.7%
2025 13.74 billion constant 2024 US$ -1.0%

Colombia compared with similar countries

  • Colombia's 13.74 billion constant 2024 US$ is above the median for upper middle income countries, which is 1.62 billion constant 2024 US$, 8.5× the median. (46 countries reporting)
  • Colombia's 13.74 billion constant 2024 US$ is above the median for Latin America & Caribbean, which is 575.75 million constant 2024 US$, 23.9× the median. (22 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1950s 427.35 million constant 2024 US$ 385.45 million constant 2024 US$ 469.24 million constant 2024 US$ 2
1960s 778.43 million constant 2024 US$ 424.00 million constant 2024 US$ 955.00 million constant 2024 US$ 10
1970s 938.54 million constant 2024 US$ 796.47 million constant 2024 US$ 1.42 billion constant 2024 US$ 10
1980s 1.64 billion constant 2024 US$ 1.16 billion constant 2024 US$ 2.19 billion constant 2024 US$ 10
1990s 3.84 billion constant 2024 US$ 2.27 billion constant 2024 US$ 6.31 billion constant 2024 US$ 10
2000s 7.08 billion constant 2024 US$ 5.23 billion constant 2024 US$ 9.61 billion constant 2024 US$ 10
2010s 10.16 billion constant 2024 US$ 8.87 billion constant 2024 US$ 11.40 billion constant 2024 US$ 10
2020s 12.65 billion constant 2024 US$ 11.76 billion constant 2024 US$ 13.88 billion constant 2024 US$ 6

Countries ranked near Colombia

  1. 28 Sweden 14.95 billion constant 2024 US$ compare
  2. 29 Denmark 14.08 billion constant 2024 US$ compare
  3. 30 Mexico 13.78 billion constant 2024 US$ compare
  4. 32 Belgium 13.59 billion constant 2024 US$ compare
  5. 33 Yemen 12.32 billion constant 2024 US$ compare
  6. 34 Pakistan 11.48 billion constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is military spending in Colombia?
Military spending in Colombia was 13.74 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 Colombia?
The highest recorded value was 13.88 billion constant 2024 US$ in 2024.
What is the lowest military spending recorded in Colombia?
The lowest recorded value was 385.45 million constant 2024 US$ in 1959.
How does Colombia rank for military spending?
Colombia ranks 31st out of 162 countries with data for 2025.
Is military spending rising or falling in Colombia?
Over the last ten years it is up 34.0%. The long-run trend across the full record is volatile.
Where does this Colombia 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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Military spending in Colombia. Statizoid, drawing on Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Retrieved 28 September 2026, from https://reference.statizoid.com/stat/military-spending-sipri/colombia/

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About this data

Indicator
Military spending
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
Last refreshed

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.