World Bank Open Data · CC BY 4.0 Some World Bank indicators are published with a lag. The site always shows the latest actually available year for each country and indicator.
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Peru
Military expenditure (% of GDP)

Military expenditure by country as percentage of gross domestic product

Global rank#116out of 147 countries
Go to rankingOpenglobal ranking and map

Historical trend

8.26.44.62.70.9196019922024Peru · 2024: 0.91%Peru

Analytical takeaways

  • Peru records 0.91% for Military expenditure (% of GDP) in 2024, ranking #116 globally out of 147 countries.
  • Military expenditure (% of GDP) declined from 2.51% in 1960 to 0.91% in 2024, a decrease of 1.60%.
  • The country sits in the bottom quartile of the global distribution for this metric, which also makes the page relevant for low-value and lagging-performance searches.

Comparison

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