Military Expenditure in Colombia decreased to 10133 USD Million in 2020 from 10168 USD Million in 2019. source: SIPRI

Military Expenditure in Colombia averaged 3633.10 USD Million from 1958 until 2020, reaching an all time high of 10168 USD Million in 2019 and a record low of 344 USD Million in 1959. Colombia Military Expenditure - values, historical data and charts - was last updated on August of 2021.

Military Expenditure in Colombia is expected to reach 10100.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Military Expenditure is projected to trend around 10300.00 USD Million in 2022 and 10050.00 USD Million in 2023, according to our econometric models.

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Colombia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
10133.00 10168.00 10168.00 344.00 1958 - 2020 USD Million Yearly
Constant 2019 prices

Colombia Government Last Previous Highest Lowest Unit
Government Debt to GDP 62.80 52.30 62.80 23.30 percent of GDP [+]
Government Budget -7.80 -2.50 0.23 -8.47 percent of GDP [+]
Government Budget Value -11328.49 -8698.62 9730.21 -19580.84 COP Billion [+]
Government Spending 37730.57 37389.21 37730.57 11533.00 COP Billion [+]
Government Revenues 11922.57 14914.98 19915.75 0.09 COP Billion [+]
Fiscal Expenditure 23251.05 23613.61 25021.57 0.12 COP Billion [+]
Credit Rating 56.00 [+]
Military Expenditure 10133.00 10168.00 10168.00 344.00 USD Million [+]