Military Expenditure in Bolivia remained unchanged at 598 USD Million in 2020 from 598 USD Million in 2019. source: SIPRI
Military Expenditure in Bolivia averaged 336.02 USD Million from 1953 until 2020, reaching an all time high of 722 USD Million in 2014 and a record low of 27.90 USD Million in 1956. Bolivia Military Expenditure - values, historical data and charts - was last updated on June of 2021.
Military Expenditure in Bolivia is expected to reach 630.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bolivia Military Expenditure is projected to trend around 610.00 USD Million in 2022 and 635.00 USD Million in 2023, according to our econometric models.