Colombia - Military expenditure in constant prices of 2020

10,006 (million US dollars) in 2021

In 2021, real military expenditure for Colombia was 10,006 million US dollars. Between 1972 and 2021, real military expenditure of Colombia grew substantially from 717 to 10,006 million US dollars rising at an increasing annual rate that reached a maximum of 55.01% in 1996 and then decreased to 4.73% in 2021.

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What is real military expenditure?

Figures in constant (2020) US$ are present according to calendar year, calculated on the assumption that, where financial years do not correspond to calendar years, spending is distributed evenly through the year

What is Colombia real military expenditure?