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Colombia - Military Spending 1998

Military expenditure as % of GDP · World Bank
3.44% +0.64% from 1997 Global rank: 110th

Colombia's military spending was 3.44% in 1998, increased +0.64% from 2.80% in 1997. This was the 110th highest globally.

Global Ranking - 1998▾
Military Spending by Country - 1998
RankCountryValueYoY
1st Mauritius 0.20% -13.4%
2nd Ghana 0.33% 16.2%
3rd Malawi 0.34% -16.6%
4th Gambia, The 0.38% -5.6%
5th Mexico 0.41% -2.7%
6th Congo, Democratic Republic of 0.43% -69.6%
7th Jamaica 0.54% -16.8%
8th Nigeria 0.55% 25.8%
9th Chad 0.60% -14.2%
10th Latvia 0.60% 1.1%
11th Moldova 0.62% -30.8%
12th Luxembourg 0.64% 3.7%
13th Sierra Leone 0.64% 34.0%
14th Guatemala 0.72% -3.0%
15th Malta 0.73% -11.8%
16th Nicaragua 0.74% -17.8%
17th Nepal 0.76% 5.3%
18th Dominican Republic 0.78% -2.1%
19th Ireland 0.82% -10.9%
20th Cabo Verde 0.86% 3.3%
21st Papua New Guinea 0.88% -18.2%
22nd Mozambique 0.89% 2.9%
23rd El Salvador 0.92% -8.4%
24th Japan 0.92% 2.1%
25th Panama 0.95% -18.7%
26th Austria 1.02% -2.7%
27th Indonesia 1.02% -32.0%
28th Estonia 1.06% 2.7%
29th Niger 1.06% 13.8%
30th Argentina 1.14% -0.3%
31st Georgia 1.14% -9.3%
32nd Kazakhstan 1.15% 3.3%
33rd Senegal 1.18% -1.5%
34th Switzerland 1.19% -2.9%
35th Kenya 1.22% -9.0%
36th Lithuania 1.22% 64.6%
37th Albania 1.24% -3.5%
38th Guinea 1.25% 7.0%
39th Canada 1.26% 0.8%
40th Fiji 1.26% -7.7%
41st Hungary 1.27% -13.7%
42nd Burkina Faso 1.28% -9.9%
43rd Madagascar 1.35% -9.0%
44th Slovenia 1.37% -2.7%
45th Germany 1.38% -1.5%
46th South Africa 1.38% -12.6%
47th Cameroon 1.40% 7.3%
48th Mali 1.40% -6.2%
49th Guinea-Bissau 1.40% 115.9%
50th Belgium 1.42% -2.8%
51st Portugal 1.42% -7.7%
52nd Finland 1.46% -4.7%
53rd Belarus 1.50% -15.5%
54th Paraguay 1.54% -8.5%
55th Netherlands 1.56% -4.9%
56th Bangladesh 1.57% -0.3%
57th Tanzania 1.60% 3.8%
58th Malaysia 1.61% -23.0%
59th Denmark 1.61% -0.6%
60th Italy 1.64% 1.1%
61st Eswatini 1.65% 10.2%
62nd China 1.66% 1.4%
63rd Brazil 1.66% 5.4%
64th Tunisia 1.68% -2.8%
65th Philippines 1.70% -11.3%
66th European Union 1.71% -2.5%
67th New Zealand 1.71% -0.5%
68th Tajikistan 1.71% 1.1%
69th Seychelles 1.73% -14.4%
70th Slovak Republic 1.74% -23.5%
71st Czechia 1.74% 9.8%
72nd Spain 1.76% 2.0%
73rd Thailand 1.86% -14.6%
74th Sweden 1.86% -1.9%
75th Mauritania 1.86% -37.2%
76th Australia 1.87% 0.2%
77th Mongolia 1.91% 16.3%
78th Poland 1.99% -0.2%
79th Peru 2.02% 1.0%
80th Ecuador 2.02% 11.5%
81st North Macedonia 2.10% -1.4%
82nd Bulgaria 2.13% -1.3%
83rd Norway 2.16% 6.9%
84th France 2.25% -6.1%
85th Uruguay 2.26% -5.9%
86th Namibia 2.32% 0.9%
87th Sudan 2.38% 149.4%
88th Azerbaijan 2.41% 3.8%
89th Uganda 2.44% 15.4%
90th United Kingdom 2.50% -2.5%
91st Myanmar 2.54% 9.8%
92nd Chile 2.58% 4.1%
93rd Lao PDR 2.59% -32.4%
94th Iran, Islamic Republic of 2.63% 5.2%
95th Angola 2.64% -55.8%
96th Egypt, Arab Republic of 2.66% -6.4%
97th Cambodia 2.66% -11.4%
98th Kyrgyz Republic 2.67% -14.3%
99th Bolivia, Plurinational State of 2.69% 18.4%
100th India 2.73% 3.0%
101st Russian Federation 2.73% -32.4%
102nd Korea 2.79% 4.9%
103rd Lesotho 2.85% 5.2%
104th Romania 3.00% -0.4%
105th Serbia 3.06% -9.2%
106th Turkmenistan 3.11% -21.4%
107th Türkiye 3.18% -22.5%
108th United States 3.20% -6.0%
109th Ukraine 3.24% -18.7%
110th Colombia 3.44% 22.8%
111th Greece 3.46% 4.8%
112th Morocco 3.46% -17.6%
113th Armenia 3.53% -9.8%
114th Botswana 3.78% 18.2%
115th Algeria 3.97% 9.0%
116th Lebanon 4.02% -6.5%
117th Rwanda 4.38% 4.9%
118th Sri Lanka 4.64% 0.3%
119th Cyprus 4.68% -16.1%
120th Singapore 5.21% 17.0%
121st Libya 5.30% 29.9%
122nd Bahrain 5.33% 5.2%
123rd Pakistan 5.42% -3.7%
124th Croatia 5.55% -25.8%
125th Djibouti 5.65% 3.2%
126th Syrian Arab Republic 5.81% -1.3%
127th Yemen, Republic of 6.08% 4.8%
128th Jordan 6.27% 2.3%
129th Burundi 6.57% 3.3%
130th Israel 6.71% -6.5%
131st Brunei Darussalam 7.53% 4.8%
132nd Oman 8.22% -12.2%
133rd United Arab Emirates 8.63% 27.7%
134th Kuwait 8.80% 8.8%
135th Saudi Arabia 14.31% 30.1%
136th Eritrea 32.50% 174.0%
Source: World Bank (MS.MIL.XPND.GD.ZS)

FAQ

What was Colombia's military spending in 1998?▾

Colombia's military spending in 1998 was 3.44%. This ranked 110th globally.

How did Colombia's military spending change in 1998?▾

Colombia's military spending increased by 22.8% in 1998 compared to 1997.

Which country had the highest military spending in 1998?▾

Eritrea had the highest military spending in 1998 at 32.50%.

What is the military spending of Colombia in 1998?▾

The military spending of Colombia in 1998 was 3.44%. This ranked 110th globally.

How does 1998 compare to 1997 for Colombia's military spending?▾

Colombia's military spending went from 2.80% in 1997 to 3.44% in 1998, a 22.8% increase.

HistorySaid - pattern alert

Colombia matched the Stagflation Risk pattern in 1998. Historically: 307 occurrences, 117 successful (38%). Outcome 24 months later: 9.2%. View full analysis →

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