Bolivia Military Spending/Defense Budget 1961-2024

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 2021 was $0.63B, a 22.5% increase from 2020.
  • Bolivia military spending/defense budget for 2020 was $0.51B, a 13.94% decline from 2019.
  • Bolivia military spending/defense budget for 2019 was $0.59B, a 1.61% decline from 2018.
  • Bolivia military spending/defense budget for 2018 was $0.60B, a 5% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
India $76.60B
Pakistan $11.30B
Indonesia $8.26B
Ukraine $5.94B
Morocco $5.38B
Egypt $5.17B
Bangladesh $4.88B
Nigeria $4.47B
Philippines $4.09B
Myanmar $2.11B
Sri Lanka $1.56B
Tunisia $1.25B
Kenya $1.11B
Angola $0.98B
Cambodia $0.64B
Bolivia $0.63B
Cameroon $0.44B
Honduras $0.44B
El Salvador $0.38B
Sudan $0.38B
Republic of Congo $0.31B
Georgia $0.30B
Ghana $0.30B
Zambia $0.28B
Mauritania $0.23B
Kyrgyz Republic $0.12B
Mongolia $0.11B
Papua New Guinea $0.09B
Eswatini $0.08B
Kosovo $0.08B
Nicaragua $0.08B
Moldova $0.05B
Timor-Leste $0.04B
Lesotho $0.04B
Cabo Verde $0.01B
Bolivia Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2021 $0.63B 1.54%
2020 $0.51B 1.32%
2019 $0.59B 1.45%
2018 $0.60B 1.50%
2017 $0.57B 1.54%
2016 $0.52B 1.53%
2015 $0.58B 1.76%
2014 $0.63B 1.90%
2013 $0.56B 1.84%
2012 $0.50B 1.85%
2011 $0.40B 1.68%
2010 $0.34B 1.71%
2009 $0.31B 1.76%
2008 $0.33B 1.96%
2007 $0.20B 1.49%
2006 $0.17B 1.47%
2005 $0.16B 1.72%
2004 $0.17B 1.90%
2003 $0.17B 2.15%
2002 $0.16B 1.99%
2001 $0.19B 2.32%
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%