* indicates monthly or quarterly data series

Military spending, percent of GDP, 2022:

The average for 2022 based on 11 countries was 1.37 percent. The highest value was in Colombia: 3.08 percent and the lowest value was in Argentina: 0.41 percent. The indicator is available from 1960 to 2022. Below is a chart for all countries where data are available.

Measure: percent; Source: Stockholm International Peace Research Institute
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* indicates monthly or quarterly data series


Countries Military spending, percent of GDP, 2022 Global rank Available data
Colombia 3.08 1 -
Ecuador 2.16 2 -
Uruguay 1.9 3 -
Chile 1.83 4 -
Bolivia 1.48 5 -
Peru 1.15 6 -
Brazil 1.05 7 -
Paraguay 0.83 8 -
Venezuela 0.65 9 -
Guyana 0.57 10 -
Argentina 0.41 11 -



Definition: Military spending includes expenditure on peacekeeping, defense ministries, paramilitary forces, and military space activities. Also: military and civil personnel, including retirement pensions; operations and maintenance; procurement; military research and development; and military aid. Defense and current expenditure for past military activities, such as for veterans' benefits, demobilization, conversion, and weapon destruction, are not included.
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