Military spending sipri in Peru

Peru: Military spending sipri was 2.43 billion in 2025. ◆ Volatile

Latest (2025)
2.43 billion
Change on year
down 4.6%
World rank
65th
of 162 countries
All-time high
11.41 billion
in 1977
All-time low
896.99 million
in 1949
Years of data
77
1949–2025

Military spending sipri in Peru, 1949–2025

02.5B5.0B7.5B10.0B12.5B194919872025

Source: Our World in Data.

Analysis

The most recent figure for military spending sipri in Peru is 2.43 billion, measured in 2025.

That represents a change of down 4.6% on the previous year and down 37.7% over ten years.

Over the whole period, military spending sipri in Peru peaked at 11.41 billion in 1977 and was at its lowest, 896.99 million, in 1949.

Peru ranks 65th of 162 countries on this measure, in the middle of the range.

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

Military spending sipri in Peru, year by year

Annual values for Military spending sipri in Peru, 1949 to 2025.
Year Value Change
1949 896.99 million —
1950 974.09 million +8.6%
1951 1.12 billion +15.3%
1952 1.07 billion -4.7%
1953 1.11 billion +3.3%
1954 1.13 billion +2.2%
1955 1.26 billion +11.7%
1956 1.43 billion +13.2%
1957 1.39 billion -2.8%
1958 1.40 billion +0.7%
1959 1.37 billion -2.2%
1960 1.43 billion +4.5%
1961 1.70 billion +19.1%
1962 1.68 billion -1.2%
1963 2.32 billion +38.2%
1964 2.62 billion +12.7%
1965 2.48 billion -5.3%
1966 2.49 billion +0.4%
1967 4.30 billion +72.8%
1968 2.14 billion -50.2%
1969 2.30 billion +7.2%
1970 3.70 billion +61.0%
1971 3.93 billion +6.2%
1972 4.10 billion +4.3%
1973 4.93 billion +20.4%
1974 5.26 billion +6.8%
1975 6.95 billion +31.9%
1976 7.87 billion +13.3%
1977 11.41 billion +45.0%
1978 8.65 billion -24.2%
1979 5.84 billion -32.5%
1980 8.59 billion +47.2%
1981 7.51 billion -12.6%
1982 9.62 billion +28.1%
1983 7.77 billion -19.2%
1984 5.66 billion -27.2%
1985 6.81 billion +20.3%
1986 6.32 billion -7.1%
1987 6.89 billion +9.0%
1988 3.48 billion -49.5%
1989 2.41 billion -30.7%
1990 2.02 billion -16.3%
1991 1.46 billion -27.5%
1992 1.76 billion +20.5%
1993 2.00 billion +13.6%
1994 2.07 billion +3.6%
1995 2.44 billion +17.5%
1996 2.35 billion -3.6%
1997 1.98 billion -15.6%
1998 1.97 billion -0.7%
1999 1.91 billion -3.0%
2000 1.75 billion -8.6%
2001 1.71 billion -2.3%
2002 1.59 billion -7.1%
2003 1.63 billion +2.7%
2004 1.59 billion -2.1%
2005 1.98 billion +24.0%
2006 2.07 billion +4.5%
2007 2.00 billion -3.1%
2008 2.00 billion -0.3%
2009 2.46 billion +23.0%
2010 2.67 billion +8.9%
2011 2.73 billion +1.9%
2012 3.06 billion +12.2%
2013 3.53 billion +15.3%
2014 3.49 billion -1.1%
2015 3.89 billion +11.7%
2016 3.05 billion -21.6%
2017 3.01 billion -1.3%
2018 2.97 billion -1.5%
2019 3.06 billion +3.2%
2020 3.03 billion -1.1%
2021 3.21 billion +5.8%
2022 3.11 billion -3.2%
2023 3.37 billion +8.4%
2024 2.54 billion -24.4%
2025 2.43 billion -4.6%

Peru compared with similar countries

  • Peru's 2.43 billion is above the median for upper middle income countries, which is 1.62 billion, 1.5× the median. (46 countries reporting)
  • Peru's 2.43 billion is above the median for Latin America & Caribbean, which is 575.75 million, 4.2× the median. (22 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1940s 896.99 million 896.99 million 896.99 million 1
1950s 1.22 billion 974.09 million 1.43 billion 10
1960s 2.34 billion 1.43 billion 4.30 billion 10
1970s 6.26 billion 3.70 billion 11.41 billion 10
1980s 6.51 billion 2.41 billion 9.62 billion 10
1990s 2.00 billion 1.46 billion 2.44 billion 10
2000s 1.88 billion 1.59 billion 2.46 billion 10
2010s 3.15 billion 2.67 billion 3.89 billion 10
2020s 2.95 billion 2.43 billion 3.37 billion 6

Countries ranked near Peru

  1. 62 Ecuador 2.71 billion compare
  2. 63 Serbia 2.55 billion compare
  3. 64 Jordan 2.50 billion compare
  4. 66 Bulgaria 2.40 billion compare
  5. 67 Egypt 2.26 billion compare
  6. 68 Croatia 1.93 billion compare

See the full ranking of 162 places →

More reference data data for Peru

All data for Peru →

Frequently asked questions

What is military spending sipri in Peru?
Military spending sipri in Peru was 2.43 billion in 2025, according to Our World in Data.
What is the highest military spending sipri recorded in Peru?
The highest recorded value was 11.41 billion in 1977.
What is the lowest military spending sipri recorded in Peru?
The lowest recorded value was 896.99 million in 1949.
How does Peru rank for military spending sipri?
Peru ranks 65th out of 162 countries with data for 2025.
Is military spending sipri rising or falling in Peru?
Over the last ten years it is down 37.7%. The long-run trend across the full record is volatile.
Where does this Peru data come from?
The figures come from Our World in Data, published as part of Military spending sipri. Statizoid updates them automatically from the source API.

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Military spending sipri in Peru. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-sipri/peru/

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About this data

Indicator
Military spending sipri
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
Last refreshed