Bolivia Military Spending/Defense Budget 1961-2025

Bolivia military spending/defense budget for 2022 was 640.31 million US dollars, a 12.36% increase from 2021.
  • Bolivia military spending/defense budget for 2021 was 569.90 million US dollars, a 11.64% increase from 2020.
  • Bolivia military spending/defense budget for 2020 was 510.50 million US dollars, a 13.94% decline from 2019.
  • Bolivia military spending/defense budget for 2019 was 593.16 million US dollars, a 1.61% decline from 2018.
Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).