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Bolivia - Military expenditure in current prices

657 (million US dollars) in 2017

In 2017, military expenditure for Bolivia was 657 million us dollars. Though Bolivia military expenditure fluctuated substantially in recent years, it tended to increase through 1968 - 2017 period ending at 657 million US dollars in 2017.

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Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Date Value Change, %
2017 657 18.89 %
2016 552 -4.02 %
2015 576 -8.05 %
2014 626 10.89 %
2013 564 12.91 %
2012 500 23.86 %
2011 404 23.26 %
2010 327 -5.31 %
2009 346 5.68 %
2008 327 47.86 %
2007 221 23.26 %
2006 180