Home Bolivia, Plurinational State of Government Military Spending

Bolivia, Plurinational State of Military Spending

Military expenditure as % of GDP  MS.MIL.XPND.GD.ZS

1.25% −0.12% (-8.5%)
Year 2025 Rank #95 Global Peak 3.90% (1981) Source World Bank

Bolivia, Plurinational State of Military Spending (1961–2025)

Overview

Bolivia, Plurinational State of's military spending stood at 1.25% in 2025, a decline of +0.12% from 2024. Based on recent trends, this figure is projected to reach 1.25% by 2025. Bolivia, Plurinational State of ranked 95th globally.

Data & projection

Year Military Spending YoY change Rank
2027* trend 1.24% - -
2026* trend 1.25% - -
2025* trend 1.25% - -
2025 1.25% −0.12% #95
2024 1.37% +0.07% #60
2023 1.30% +0.33% #55
2022 0.97% −0.35% #35
2021 1.33% −0.07% #62
2020 1.39% −0.06% #64
2019 1.45% −0.05% #78
2018 1.50% −0.04% #86
2017 1.54% +0.01% #86
2016 1.53% −0.23% #88
2015 1.76% −0.14% #98
2014 1.90% +0.06% #106
2013 1.84% −0.00% #100
2012 1.85% +0.16% #100
2011 1.68% −1.10% #91
Show all years (1961-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +16.1% GDP growth 5.1% C/A balance 7.3%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Bolivia, Plurinational State of matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw military spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Bolivia, Plurinational State of's military spending?

Bolivia, Plurinational State of's military spending was 1.25% in 2025. Ranked 95th globally. This represents a 8.5% decrease from the previous year.

What was the highest military spending in Bolivia, Plurinational State of?

Bolivia, Plurinational State of's military spending peaked at 3.90% in 1981.

What was the lowest military spending in Bolivia, Plurinational State of?

The lowest military spending in Bolivia, Plurinational State of was 0.97% in 2022.

How does Bolivia, Plurinational State of rank in military spending?

Bolivia, Plurinational State of ranks 95th globally in military spending as of 2025.

What is the World Bank indicator code for military spending?

The World Bank indicator code is MS.MIL.XPND.GD.ZS. Data sourced from World Bank.

What is the projected military spending of Bolivia, Plurinational State of in 2025?

Bolivia, Plurinational State of's military spending is projected to reach 1.25% by 2025 based on trend extrapolation.

What is the military spending of Bolivia, Plurinational State of in 2025?

The military spending of Bolivia, Plurinational State of in 2025 was 1.25%. This ranks 95th in the world.

Cite this page

APA
Bolivia, Plurinational State of Military Spending. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/bolivia-plurinational-state-of/military-spending
BibTeX
@misc{historysaid_bolivia-plurinational-state-of_military-spending, title = {Bolivia, Plurinational State of Military Spending}, url = {https://historysaid.com/bolivia-plurinational-state-of/military-spending}, publisher = {HistorySaid}, year = {2026} }