Colombia - Military Spending 2023
2.97%
+0.17% from 2022
Colombia's military spending was 2.97% in 2023, increased +0.17% from 2.80% in 2022. This was the 125th highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Haiti | 0.05% | -21.3% |
| 2nd | Mauritius | 0.14% | 1.3% |
| 3rd | Zimbabwe | 0.21% | -78.9% |
| 4th | Ireland | 0.23% | 8.4% |
| 5th | Papua New Guinea | 0.34% | -20.0% |
| 6th | Ghana | 0.40% | 17.8% |
| 7th | Guatemala | 0.42% | -9.2% |
| 8th | Kazakhstan | 0.44% | -14.8% |
| 9th | Malta | 0.50% | 22.6% |
| 10th | Mongolia | 0.54% | 5.6% |
| 11th | Nicaragua | 0.55% | 3.3% |
| 12th | Cabo Verde | 0.57% | 24.2% |
| 13th | Moldova | 0.57% | 58.5% |
| 14th | Gambia, The | 0.58% | -17.7% |
| 15th | Sierra Leone | 0.60% | 3.6% |
| 16th | Guyana | 0.64% | 6.5% |
| 17th | Madagascar | 0.65% | -0.8% |
| 18th | Mexico | 0.66% | -3.7% |
| 19th | Switzerland | 0.71% | 3.5% |
| 20th | Bosnia and Herzegovina | 0.72% | -4.6% |
| 21st | South Africa | 0.75% | -5.5% |
| 22nd | Argentina | 0.76% | 10.4% |
| 23rd | Benin | 0.76% | 19.8% |
| 24th | Luxembourg | 0.77% | 23.6% |
| 25th | Dominican Republic | 0.78% | 14.8% |
| 26th | Egypt, Arab Republic of | 0.81% | -20.3% |
| 27th | Indonesia | 0.82% | 6.9% |
| 28th | Nigeria | 0.84% | 29.6% |
| 29th | Côte d'Ivoire | 0.86% | 0.0% |
| 30th | Austria | 0.87% | 13.6% |
| 31st | Bangladesh | 0.92% | -7.2% |
| 32nd | Paraguay | 0.92% | 5.8% |
| 33rd | Cameroon | 0.93% | -1.4% |
| 34th | Trinidad and Tobago | 0.96% | 25.3% |
| 35th | Kenya | 0.98% | -3.4% |
| 36th | Malaysia | 0.98% | 8.8% |
| 37th | Belize | 0.99% | 1.4% |
| 38th | Brazil | 1.00% | -4.8% |
| 39th | Nepal | 1.07% | -7.4% |
| 40th | Congo, Democratic Republic of | 1.12% | 97.1% |
| 41st | Thailand | 1.13% | -8.9% |
| 42nd | Japan | 1.14% | 12.8% |
| 43rd | Malawi | 1.17% | 24.9% |
| 44th | Philippines | 1.18% | -10.6% |
| 45th | Belgium | 1.18% | 1.9% |
| 46th | Jamaica | 1.19% | -8.1% |
| 47th | Tanzania | 1.21% | 1.6% |
| 48th | New Zealand | 1.22% | 4.2% |
| 49th | Guinea-Bissau | 1.23% | -11.7% |
| 50th | Peru | 1.24% | 8.9% |
| 51st | Rwanda | 1.25% | -6.1% |
| 52nd | Canada | 1.25% | 7.4% |
| 53rd | Kosovo | 1.27% | 10.7% |
| 54th | Somalia, Fed. Rep. | 1.29% | 10.5% |
| 55th | Bolivia, Plurinational State of | 1.30% | 34.0% |
| 56th | Slovenia | 1.32% | 2.0% |
| 57th | Gabon | 1.32% | -2.6% |
| 58th | Fiji | 1.33% | -2.0% |
| 59th | El Salvador | 1.34% | -6.7% |
| 60th | Zambia | 1.34% | 19.9% |
| 61st | Eswatini | 1.38% | -16.4% |
| 62nd | Angola | 1.41% | -0.2% |
| 63rd | Liberia | 1.42% | 8.4% |
| 64th | Netherlands | 1.44% | 10.5% |
| 65th | Portugal | 1.47% | 5.5% |
| 66th | Spain | 1.47% | 4.7% |
| 67th | Czechia | 1.47% | 10.9% |
| 68th | Senegal | 1.48% | -3.1% |
| 69th | Seychelles | 1.49% | 30.5% |
| 70th | Germany | 1.49% | 10.2% |
| 71st | Sweden | 1.50% | 12.8% |
| 72nd | Equatorial Guinea | 1.52% | 16.5% |
| 73rd | Montenegro | 1.52% | -3.5% |
| 74th | Honduras | 1.52% | 4.0% |
| 75th | Cambodia | 1.54% | 0.2% |
| 76th | Romania | 1.60% | -8.4% |
| 77th | Italy | 1.61% | -2.7% |
| 78th | Lebanon | 1.62% | 16.4% |
| 79th | Lesotho | 1.63% | 10.3% |
| 80th | Chile | 1.63% | 5.8% |
| 81st | Sri Lanka | 1.64% | 22.1% |
| 82nd | European Union | 1.64% | 7.9% |
| 83rd | Cyprus | 1.65% | -4.1% |
| 84th | Georgia | 1.66% | 3.2% |
| 85th | China | 1.66% | 2.1% |
| 86th | North Macedonia | 1.69% | 7.1% |
| 87th | Croatia | 1.71% | -5.3% |
| 88th | Türkiye | 1.72% | 3.7% |
| 89th | Albania | 1.74% | 44.0% |
| 90th | Uganda | 1.81% | -2.1% |
| 91st | Norway | 1.81% | 23.8% |
| 92nd | Slovak Republic | 1.84% | 2.1% |
| 93rd | Australia | 1.86% | -1.2% |
| 94th | Mozambique | 1.93% | -12.7% |
| 95th | Bulgaria | 1.94% | 22.5% |
| 96th | France | 1.95% | -0.3% |
| 97th | Niger | 1.98% | 25.6% |
| 98th | Congo, Republic of | 1.98% | 3.6% |
| 99th | Denmark | 2.00% | 46.9% |
| 100th | Finland | 2.01% | 26.4% |
| 101st | Belarus | 2.02% | 22.7% |
| 102nd | Hungary | 2.05% | 11.8% |
| 103rd | South Sudan | 2.10% | 33.1% |
| 104th | Uruguay | 2.12% | 3.6% |
| 105th | Chad | 2.12% | 3.6% |
| 106th | Guinea | 2.13% | -2.5% |
| 107th | Serbia | 2.21% | 1.6% |
| 108th | United Kingdom | 2.23% | 8.4% |
| 109th | Mauritania | 2.26% | 9.8% |
| 110th | Iraq | 2.26% | 38.0% |
| 111th | Ecuador | 2.27% | 2.1% |
| 112th | Iran, Islamic Republic of | 2.35% | 11.4% |
| 113th | India | 2.36% | -1.1% |
| 114th | Central African Republic | 2.38% | 38.9% |
| 115th | Tajikistan | 2.40% | 24.1% |
| 116th | Botswana | 2.46% | -2.4% |
| 117th | Tunisia | 2.49% | -3.3% |
| 118th | Korea | 2.60% | 0.9% |
| 119th | Timor-Leste | 2.65% | 91.9% |
| 120th | Lithuania | 2.71% | 11.0% |
| 121st | Namibia | 2.75% | -5.6% |
| 122nd | Singapore | 2.83% | 17.6% |
| 123rd | Pakistan | 2.88% | -9.3% |
| 124th | Greece | 2.88% | -27.9% |
| 125th | Colombia | 2.97% | 6.0% |
| 126th | Latvia | 2.97% | 31.7% |
| 127th | Brunei Darussalam | 2.98% | 13.9% |
| 128th | Estonia | 3.00% | 40.3% |
| 129th | Togo | 3.05% | -26.4% |
| 130th | Poland | 3.27% | 48.3% |
| 131st | United States | 3.30% | -0.2% |
| 132nd | Burundi | 3.43% | 32.1% |
| 133rd | Kyrgyz Republic | 3.45% | 19.0% |
| 134th | Bahrain | 3.52% | 2.8% |
| 135th | Morocco | 3.59% | -5.8% |
| 136th | Myanmar | 3.75% | -10.0% |
| 137th | Mali | 3.77% | 22.1% |
| 138th | Burkina Faso | 4.08% | 36.8% |
| 139th | Kuwait | 4.77% | 5.7% |
| 140th | Jordan | 4.81% | 0.3% |
| 141st | Azerbaijan | 4.92% | 29.7% |
| 142nd | Libya | 5.29% | 21.6% |
| 143rd | Israel | 5.38% | 21.5% |
| 144th | Russian Federation | 5.40% | 17.3% |
| 145th | Armenia | 5.51% | 34.9% |
| 146th | Oman | 5.53% | 5.0% |
| 147th | Saudi Arabia | 7.28% | 13.9% |
| 148th | Algeria | 7.39% | 82.1% |
| 149th | Ukraine | 36.53% | 42.5% |
FAQ
What was Colombia's military spending in 2023?▾
Colombia's military spending in 2023 was 2.97%. This ranked 125th globally.
How did Colombia's military spending change in 2023?▾
Colombia's military spending increased by 6.0% in 2023 compared to 2022.
Which country had the highest military spending in 2023?▾
Ukraine had the highest military spending in 2023 at 36.53%.
What is the military spending of Colombia in 2023?▾
The military spending of Colombia in 2023 was 2.97%. This ranked 125th globally.
How does 2023 compare to 2022 for Colombia's military spending?▾
Colombia's military spending went from 2.80% in 2022 to 2.97% in 2023, a 6.0% increase.
HistorySaid - pattern alert
Colombia matched the Stagflation Risk pattern in 2023. Historically: 307 occurrences, 117 successful (38%). View full analysis →
Related
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Full ranking 2023
Tax Revenue
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Peak: 1996
Lowest: 1977
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