Military expenditure in local currency rose 19.3% to BOB 4.56 bil in Bolivia in 2017, according to the SIPRI Military Expenditure Database.
Historically, military expenditure in local currency in Bolivia reached an all time high of BOB 4.56 bil in 2017 and an all time low of BOB < 0.001 bil in 1961. When compared to Bolivia's main peers, military expenditure in local currency in Brazil amounted to BRL 93.1 bil, CLP 3,328 bil in Chile, PYG 1,956 bil in Paraguay and PEN 6.81 bil in Peru in 2017.
Bolivia has been ranked 99th within the group of 147 countries we follow in terms of military expenditure in local currency, 8 places above the position seen 10 years ago.
| Military Expenditure (Local Currency) | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Argentina | ARS bil | 66.6 | 90.4 | 108 | 151 | 200 | ||||||||||||||||
| Bolivia | BOB bil | 3.59 | 3.98 | 4.17 | 4.10 | 3.52 | ||||||||||||||||
| Brazil | BRL bil | 84.5 | 93.1 | 103 | 102 | 101 | ||||||||||||||||
| Chile | CLP bil | 3,247 | 3,480 | 3,557 | 3,646 | 4,189 | ||||||||||||||||
| Colombia | COP bil | 26,528 | 29,530 | 29,962 | 33,346 | 35,290 | ||||||||||||||||
| Paraguay | PYG bil | 1,946 | 1,956 | 2,216 | 2,305 | 2,465 | ||||||||||||||||
| Peru | PEN bil | 8.56 | 8.70 | 8.70 | 9.19 | 9.27 | ||||||||||||||||
| Uruguay | UYU bil | 29.8 | 33.4 | 39.1 | 40.7 | 45.8 | ||||||||||||||||
| Venezuela | VEF bil | 108 | 4,440 | 3,489,538 | 5,391,344,960 | 81,449,000,000 |
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