Colombia Military Spending/Defense Budget 1960-2021

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).
  • Colombia military spending/defense budget for 2019 was $10.08B, a 0.5% decline from 2018.
  • Colombia military spending/defense budget for 2018 was $10.13B, a 1.16% increase from 2017.
  • Colombia military spending/defense budget for 2017 was $10.02B, a 15.47% increase from 2016.
  • Colombia military spending/defense budget for 2016 was $8.68B, a 4.94% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $261.08B
Russia $65.10B
Brazil $26.95B
Turkey $20.45B
Iran $12.62B
Algeria $10.30B
Colombia $10.08B
Iraq $7.60B
Thailand $7.31B
Mexico $6.54B
Romania $4.94B
Malaysia $3.77B
South Africa $3.47B
Peru $2.72B
Lebanon $2.52B
Ecuador $2.47B
Bulgaria $2.13B
Jordan $2.03B
Azerbaijan $1.85B
Kazakhstan $1.77B
Serbia $1.14B
Belarus $0.78B
Armenia $0.67B
Dominican Republic $0.62B
Botswana $0.52B
Namibia $0.41B
Paraguay $0.40B
Guatemala $0.34B
Gabon $0.27B
Jamaica $0.25B
Albania $0.20B
Bosnia $0.18B
North Macedonia $0.15B
Montenegro $0.09B
Fiji $0.08B
Guyana $0.07B
Belize $0.02B
Mauritius $0.02B
Costa Rica $0.00B
Colombia Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2019 $10.08B 3.15%
2018 $10.13B 3.07%
2017 $10.02B 3.21%
2016 $8.68B 3.07%
2015 $9.13B 3.11%
2014 $11.85B 3.11%
2013 $12.50B 3.27%
2012 $11.71B 3.16%
2011 $10.31B 3.08%
2010 $10.42B 3.63%
2009 $9.03B 3.86%
2008 $9.05B 3.71%
2007 $6.78B 3.27%
2006 $5.33B 3.28%
2005 $4.91B 3.35%
2004 $4.06B 3.47%
2003 $3.28B 3.46%
2002 $3.35B 3.42%
2001 $3.26B 3.32%
2000 $3.03B 3.03%
1999 $3.25B 3.76%
1998 $3.39B 3.44%
1997 $2.99B 2.80%
1996 $4.32B 4.45%
1995 $2.62B 2.83%
1994 $2.01B 2.51%
1993 $1.53B 2.53%
1992 $1.10B 2.11%
1991 $0.91B 1.85%
1990 $0.89B 1.86%
1989 $0.87B 2.19%
1988 $0.86B 2.20%
1987 $0.72B 1.98%
1986 $0.68B 1.94%
1985 $0.72B 2.05%
1984 $0.89B 2.33%
1983 $0.86B 2.22%
1982 $0.67B 1.71%
1981 $0.64B 1.76%
1980 $0.61B 1.83%
1979 $0.47B 1.67%
1978 $0.36B 1.55%
1977 $0.28B 1.44%
1976 $0.23B 1.49%
1975 $0.23B 1.74%
1974 $0.19B 1.58%
1973 $0.17B 1.69%
1972 $0.17B 1.97%
1971 $0.26B 3.37%
1970 $0.16B 2.26%
1969 $0.13B 2.05%
1968 $0.14B 2.39%
1967 $0.18B 3.12%
1966 $0.17B 3.17%
1965 $0.19B 3.19%
1964 $0.19B 3.18%
1963 $0.17B 3.52%
1962 $0.15B 3.10%
1961 $0.10B 2.14%
1960 $0.08B 1.88%