Chile Military Spending/Defense Budget 1960-2024

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).
  • Chile military spending/defense budget for 2021 was $6.23B, a 17.86% increase from 2020.
  • Chile military spending/defense budget for 2020 was $5.29B, a 2.01% increase from 2019.
  • Chile military spending/defense budget for 2019 was $5.18B, a 6.56% decline from 2018.
  • Chile military spending/defense budget for 2018 was $5.55B, a 3.27% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $800.67B
United Kingdom $68.37B
France $56.65B
Germany $56.02B
Saudi Arabia $55.56B
Japan $54.12B
South Korea $50.23B
Italy $32.01B
Australia $31.75B
Canada $26.45B
Israel $24.34B
Spain $19.54B
Netherlands $13.75B
Poland $13.71B
Qatar $11.59B
Singapore $11.12B
Kuwait $9.02B
Norway $8.25B
Greece $8.08B
Sweden $7.89B
Belgium $6.31B
Chile $6.23B
Finland $5.90B
Oman $5.78B
Switzerland $5.74B
Denmark $5.39B
Portugal $4.91B
Czech Republic $3.94B
Austria $3.83B
New Zealand $3.39B
Hungary $2.78B
Argentina $2.59B
Slovak Republic $1.98B
Croatia $1.74B
Bahrain $1.38B
Ireland $1.27B
Uruguay $1.26B
Lithuania $1.24B
Latvia $0.83B
Estonia $0.76B
Slovenia $0.73B
Cyprus $0.52B
Luxembourg $0.46B
Brunei $0.45B
Trinidad and Tobago $0.21B
Malta $0.08B
Seychelles $0.02B
Iceland $0.00B
Panama $0.00B
Chile Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2021 $6.23B 1.96%
2020 $5.29B 2.09%
2019 $5.18B 1.86%
2018 $5.55B 1.86%
2017 $5.37B 1.94%
2016 $4.80B 1.92%
2015 $4.63B 1.90%
2014 $5.10B 1.96%
2013 $5.53B 1.99%
2012 $5.47B 2.05%
2011 $5.69B 2.25%
2010 $4.89B 2.24%
2009 $3.90B 2.26%
2008 $4.64B 2.58%
2007 $4.02B 2.32%
2006 $3.86B 2.49%
2005 $3.10B 2.52%
2004 $2.69B 2.71%
2003 $2.07B 2.73%
2002 $1.78B 2.55%
2001 $1.89B 2.67%
2000 $2.10B 2.70%
1999 $2.04B 2.71%
1998 $2.11B 2.59%
1997 $2.12B 2.50%
1996 $1.90B 2.45%
1995 $1.83B 2.56%
1994 $1.47B 2.60%
1993 $1.29B 2.71%
1992 $1.17B 2.63%
1991 $1.04B 2.85%
1990 $1.03B 3.40%
1989 $0.99B 3.59%
1988 $1.00B 4.14%
1987 $1.17B 5.64%
1986 $1.11B 6.29%
1985 $1.14B 6.90%
1984 $1.46B 7.61%
1983 $1.50B 7.58%
1982 $2.16B 8.88%
1981 $2.29B 7.02%
1980 $1.79B 6.48%
1979 $1.31B 6.33%
1978 $1.04B 6.73%
1977 $0.92B 6.92%
1976 $0.60B 6.09%
1975 $0.49B 6.74%
1974 $1.10B 7.11%
1973 $1.01B 6.28%
1972 $0.75B 6.63%
1971 $0.65B 6.26%
1970 $0.39B 4.45%
1969 $0.18B 2.26%
1968 $0.17B 2.53%
1967 $0.18B 2.71%
1966 $0.19B 2.74%
1965 $0.17B 2.89%
1964 $0.15B 2.64%
1963 $0.15B 2.87%
1962 $0.16B 3.04%
1961 $0.16B 3.53%
1960 $0.13B 3.12%