Military expenditure in local currency reached BOB 4.41 bil in 2022 in Bolivia, according to the SIPRI Military Expenditure Database. This is 12.2% more than in the previous year.
Historically, military expenditure in local currency in Bolivia reached an all time high of BOB 4.41 bil in 2022 and an all time low of BOB < 0.001 bil in 1953.
Bolivia has been ranked 108th within the group of 150 countries we follow in terms of military expenditure in local currency.
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