Military expenditure as % of GDP MS.MIL.XPND.GD.ZS
1.39%−0.18% (-11.6%)
Year 2025Rank #86 GlobalPeak 8.88% (1982)Source World Bank
Chile Military Spending (1960–2025)
Overview
Chile's military spending stood at 1.39% in 2025, a decline of +0.18% from 2024. Based on recent trends, this figure is projected to reach 1.39% by 2025. Chile ranked 86th globally.
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Chile matched the Export Boom Cycle pattern in 2010. 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 Chile's military spending?▾
Chile's military spending was 1.39% in 2025. Ranked 86th globally. This represents a 11.6% decrease from the previous year.
What was the highest military spending in Chile?▾
Chile's military spending peaked at 8.88% in 1982.
What was the lowest military spending in Chile?▾
The lowest military spending in Chile was 1.39% in 2025.
How does Chile rank in military spending?▾
Chile ranks 86th 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 Chile in 2025?▾
Chile's military spending is projected to reach 1.39% by 2025 based on trend extrapolation.
What is the military spending of Chile in 2025?▾
The military spending of Chile in 2025 was 1.39%. This ranks 86th in the world.
Cite this page
APA
Chile Military Spending. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/chile/military-spending
BibTeX
@misc{historysaid_chile_military-spending,
title = {Chile Military Spending},
url = {https://historysaid.com/chile/military-spending},
publisher = {HistorySaid},
year = {2026}
}