Bolivia Military Spending/Defense Budget 1961-2021

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Bolivia military spending/defense budget for 2019 was $0.60B, a 3.29% decline from 2018.
  • Bolivia military spending/defense budget for 2018 was $0.62B, a 7.8% increase from 2017.
  • Bolivia military spending/defense budget for 2017 was $0.57B, a 3.93% increase from 2016.
  • Bolivia military spending/defense budget for 2016 was $0.55B, a 4.02% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
India $71.12B
Pakistan $10.26B
Indonesia $7.66B
Ukraine $5.23B
Bangladesh $4.36B
Egypt $3.74B
Morocco $3.72B
Philippines $3.47B
Nigeria $1.86B
Sri Lanka $1.67B
Angola $1.47B
Kenya $1.15B
Tunisia $1.00B
Sudan $0.72B
Cambodia $0.60B
Bolivia $0.60B
Cameroon $0.42B
Honduras $0.40B
El Salvador $0.32B
Georgia $0.32B
Congo, Rep. $0.30B
Zambia $0.29B
Ghana $0.23B
Mauritania $0.16B
Kyrgyz Republic $0.12B
Mongolia $0.10B
Eswatini $0.09B
Nicaragua $0.08B
Papua New Guinea $0.08B
Kosovo $0.07B
Lesotho $0.04B
Moldova $0.04B
Timor-Leste $0.03B
Cabo Verde $0.01B
Bolivia Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2019 $0.60B 1.42%
2018 $0.62B 1.54%
2017 $0.57B 1.54%
2016 $0.55B 1.63%
2015 $0.58B 1.74%
2014 $0.63B 1.90%
2013 $0.56B 1.84%
2012 $0.50B 1.85%
2011 $0.40B 1.68%
2010 $0.33B 1.67%
2009 $0.35B 1.99%
2008 $0.33B 1.96%
2007 $0.22B 1.69%
2006 $0.18B 1.57%
2005 $0.17B 1.77%
2004 $0.17B 1.93%
2003 $0.17B 2.15%
2002 $0.16B 2.03%
2001 $0.18B 2.26%
2000 $0.17B 2.06%
1999 $0.18B 2.13%
1998 $0.23B 2.69%
1997 $0.18B 2.27%
1996 $0.15B 1.99%
1995 $0.14B 2.10%
1994 $0.13B 2.25%
1993 $0.11B 1.92%
1992 $0.14B 2.51%
1991 $0.14B 2.69%
1990 $0.14B 2.82%
1989 $0.10B 2.16%
1988 $0.09B 2.02%
1987 $0.10B 2.38%
1986 $0.09B 2.35%
1985 $0.13B 2.01%
1984 $0.14B 2.17%
1983 $0.09B 1.50%
1982 $0.12B 1.98%
1981 $0.24B 3.90%
1980 $0.16B 3.17%
1979 $0.12B 2.71%
1978 $0.10B 2.60%
1977 $0.07B 2.25%
1976 $0.07B 2.37%
1975 $0.06B 2.37%
1974 $0.04B 1.84%
1973 $0.02B 1.62%
1972 $0.02B 1.60%
1971 $0.02B 1.39%
1970 $0.02B 1.61%
1969 $0.01B 1.32%
1968 $0.01B 1.35%
1963 $0.01B 1.33%
1962 $0.01B 1.16%
1961 $0.00B 1.20%