Military Expenditure in Bolivia increased to 598 USD Million in 2018 from 574 USD Million in 2017. Military Expenditure in Bolivia averaged 455.91 USD Million from 1953 until 2018, reaching an all time high of 750 USD Million in 1998 and a record low of 45.40 USD Million in 1956. source: SIPRI

Military Expenditure in Bolivia is expected to be 650.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bolivia Military Expenditure is projected to trend around 610.00 USD Million in 2020, according to our econometric models.


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Bolivia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
598.00 574.00 750.00 45.40 1953 - 2018 USD Million Yearly
constant 2016 prices

Bolivia Government Last Previous Highest Lowest Unit
Government Debt to GDP 33.30 45.70 78.50 32.20 percent [+]
Government Budget -8.30 -7.40 6.27 -8.30 percent of GDP [+]
Government Budget Value -2428.67 1731.45 3902.73 -15404.27 Million BOB [+]
Government Revenues 8518.12 13799.15 13843.48 1159.21 Million BOB [+]
Government Spending 1464345.00 1265453.00 1607705.00 334126.00 BOB Thousand [+]
Credit Rating 38.00 [+]
Military Expenditure 598.00 574.00 750.00 45.40 USD Million [+]
Fiscal Expenditure 7996.11 9886.15 19623.90 1134.84 Million BOB [+]