Colombia Military Spending/Defense Budget 1960-2020

NOTE: All 2020 and later data are UN projections and DO NOT include any impacts of the COVID-19 virus.
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 2018 was $10.60B, a 5.84% 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.
  • Colombia military spending/defense budget for 2015 was $9.13B, a 22.95% decline from 2014.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $250.00B
Russia $61.39B
Brazil $27.77B
Turkey $18.97B
Iran $13.19B
Colombia $10.60B
Algeria $9.58B
Thailand $6.83B
Mexico $6.57B
Iraq $6.32B
Romania $4.61B
South Africa $3.64B
Malaysia $3.47B
Lebanon $2.78B
Peru $2.71B
Ecuador $2.55B
Jordan $1.96B
Azerbaijan $1.71B
Kazakhstan $1.61B
Bulgaria $1.10B
Serbia $0.90B
Belarus $0.72B
Armenia $0.61B
Dominican Republic $0.60B
Botswana $0.53B
Namibia $0.45B
Paraguay $0.39B
Guatemala $0.28B
Gabon $0.26B
Bosnia $0.22B
Jamaica $0.21B
Albania $0.18B
North Macedonia $0.12B
Montenegro $0.08B
Guyana $0.06B
Fiji $0.05B
Mauritius $0.02B
Belize $0.02B
Costa Rica $0.00B
Colombia Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2018 $10.60B 3.17%
2017 $10.02B 3.19%
2016 $8.68B 3.08%
2015 $9.13B 3.13%
2014 $11.85B 3.13%
2013 $12.50B 3.29%
2012 $11.71B 3.17%
2011 $10.31B 3.07%
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%