Peru 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).
  • Peru military spending/defense budget for 2018 was $2.71B, a 1.62% increase from 2017.
  • Peru military spending/defense budget for 2017 was $2.67B, a 5.11% increase from 2016.
  • Peru military spending/defense budget for 2016 was $2.54B, a 23.43% decline from 2015.
  • Peru military spending/defense budget for 2015 was $3.31B, a 2.94% increase 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
Peru Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2018 $2.71B 1.19%
2017 $2.67B 1.24%
2016 $2.54B 1.30%
2015 $3.31B 1.72%
2014 $3.22B 1.58%
2013 $3.31B 1.67%
2012 $2.86B 1.51%
2011 $2.36B 1.40%
2010 $2.18B 1.47%
2009 $1.85B 1.53%
2008 $1.50B 1.24%
2007 $1.33B 1.30%
2006 $1.29B 1.47%
2005 $1.20B 1.60%
2004 $0.92B 1.38%
2003 $0.89B 1.51%
2002 $0.84B 1.54%
2001 $0.90B 1.75%
2000 $0.91B 1.79%
1999 $0.99B 1.93%
1998 $1.14B 2.02%
1997 $1.18B 2.00%
1996 $1.40B 2.50%
1995 $1.41B 2.64%
1994 $1.11B 2.47%
1993 $0.96B 2.75%
1992 $0.90B 2.51%
1991 $0.70B 2.02%
1990 $0.78B 2.68%
1989 $0.86B 2.19%
1988 $0.74B 2.19%
1987 $1.46B 3.41%
1986 $0.87B 3.35%
1985 $0.67B 3.87%
1984 $0.67B 3.36%
1983 $0.93B 4.85%
1982 $1.27B 5.11%
1981 $0.99B 3.98%
1980 $0.95B 4.56%
1979 $0.52B 3.35%
1978 $0.67B 6.20%
1977 $1.03B 8.21%
1976 $0.78B 5.68%
1975 $0.71B 5.22%
1974 $0.45B 3.93%
1973 $0.36B 3.93%
1972 $0.28B 3.63%
1971 $0.25B 3.62%
1970 $0.22B 3.51%
1969 $0.13B 2.39%
1968 $0.11B 2.36%
1967 $0.24B 4.70%
1966 $0.15B 2.84%
1965 $0.13B 3.10%
1964 $0.12B 3.34%
1963 $0.10B 3.32%
1962 $0.07B 2.43%
1961 $0.06B 2.64%
1960 $0.05B 2.51%