Bolivia Military Spending/Defense Budget 1961-2020

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 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.
  • Bolivia military spending/defense budget for 2015 was $0.58B, a 8.05% decline from 2014.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
India $66.51B
Pakistan $11.38B
Indonesia $7.44B
Vietnam $5.50B
Ukraine $4.75B
Bangladesh $3.89B
Philippines $3.77B
Morocco $3.70B
Egypt $3.11B
Nigeria $2.04B
Myanmar $2.03B
Angola $1.98B
Sri Lanka $1.68B
Kenya $1.10B
Sudan $1.05B
Tunisia $0.84B
Bolivia $0.62B
Cambodia $0.54B
Cameroon $0.43B
Honduras $0.41B
Zambia $0.38B
Georgia $0.32B
Congo, Rep. $0.29B
El Salvador $0.27B
Ghana $0.22B
Mauritania $0.16B
Kyrgyz Republic $0.12B
Mongolia $0.10B
Eswatini $0.09B
Nicaragua $0.08B
Kosovo $0.06B
Papua New Guinea $0.06B
Lesotho $0.05B
Moldova $0.03B
Timor-Leste $0.02B
Cabo Verde $0.01B
Bolivia Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2018 $0.62B 1.50%
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%