Military expenditure at constant USD prices from 2014 fell 18.0% to USD 513 mil in Bolivia in 2015, according to the SIPRI Military Expenditure Database.
Historically, military expenditure at constant USD prices from 2014 in Bolivia reached an all time high of USD 626 mil in 2014 and an all time low of USD 208 mil in 1988. When compared to Bolivia's main peers, military expenditure at constant USD prices from 2014 in Brazil amounted to USD 31,954 mil, USD 5,071 mil in Chile, USD 522 mil in Paraguay and USD 3,303 mil in Peru in 2015.
Bolivia has been ranked 82nd within the group of 142 countries we follow in terms of military expenditure at constant USD prices from 2014, 6 places above the position seen 10 years ago.
Military Expenditure (Constant 2014 USD) | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
Argentina | USD mil | 2,455 | 2,713 | 3,048 | 3,443 | 4,218 | ||||||||||||||||
Bolivia | USD mil | 462 | 427 | 474 | 559 | 597 | ||||||||||||||||
Brazil | USD mil | 29,047 | 32,257 | 31,245 | 31,846 | 32,020 | ||||||||||||||||
Chile | USD mil | 4,247 | 4,770 | 5,057 | 4,970 | 5,139 | ||||||||||||||||
Colombia | USD mil | 11,155 | 11,070 | 10,305 | 11,029 | 12,009 | ||||||||||||||||
Paraguay | USD mil | 250 | 278 | 317 | 363 | 401 | ||||||||||||||||
Peru | USD mil | 2,110 | 2,214 | 2,162 | 2,345 | 2,907 | ||||||||||||||||
Uruguay | USD mil | 931 | 939 | 894 | 935 | 1,025 | ||||||||||||||||
Venezuela | USD mil | 6,130 | 4,811 | 4,495 | 7,730 | 8,293 |