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 September 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.

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Bolivia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
598.00 598.00 722.00 27.90 1953 - 2020 USD Million Yearly
Constant 2019 prices

Bolivia Government Last Previous Highest Lowest Unit
Government Debt to GDP 67.30 56.50 89.80 35.30 percent of GDP [+]
Government Budget -9.70 -7.20 6.27 -9.70 percent of GDP [+]
Military Expenditure 598.00 598.00 722.00 27.90 USD Million [+]
Government Budget Value 562.30 -1666.50 3902.73 -15404.27 Million BOB [+]
Government Revenues 10685.70 8854.90 13843.48 1159.21 Million BOB [+]
Government Spending 1366738.90 1291189.70 1637803.30 334126.00 BOB Thousand [+]
Fiscal Expenditure 7978.50 7321.00 19623.90 1134.84 Million BOB [+]
Credit Rating 31.00 [+]