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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Latin America & Caribbean
Military expenditure (% of GDP)

Within the “Latin America & Caribbean” group, Colombia leads Military expenditure (% of GDP) in 2024 at 3.36%, while Haiti sits at the lower end of the current snapshot with 0.07%. This format is well suited to long-tail regional and income-group queries.

Group leaders

0.00.81.72.53.4ColombiaColombia: 3.36%3.4UruguayUruguay: 2.31%2.3EcuadorEcuador: 2.22%2.2ChileChile: 1.58%1.6HondurasHonduras: 1.58%1.6BoliviaBolivia: 1.37%1.4JamaicaJamaica: 1.27%1.3El SalvadorEl Salvador: 1.19%1.2BrazilBrazil: 0.97%1.0ParaguayParaguay: 0.93%0.9Trinidad and TobagoTrinidad and Tobago: 0.92%0.9PeruPeru: 0.91%0.9

Country table

#CountryValue
1 Colombia 3.36%
2 Uruguay 2.31%
3 Ecuador 2.22%
4 Chile 1.58%
5 Honduras 1.58%
6 Bolivia 1.37%
7 Jamaica 1.27%
8 El Salvador 1.19%
9 Brazil 0.97%
10 Paraguay 0.93%
11 Trinidad and Tobago 0.92%
12 Peru 0.91%
13 Belize 0.90%
14 Mexico 0.89%
15 Guyana 0.87%
16 Dominican Republic 0.78%
17 Argentina 0.62%
18 Nicaragua 0.55%
19 Guatemala 0.37%
20 Haiti 0.07%

Analytical takeaways

  • Inside the Latin America & Caribbean group for Military expenditure (% of GDP) in 2024, Colombia leads with a gap of 1.05% to the next country.
  • The peer set on this page covers 20 countries, and the lower end of the current distribution sits with Haiti at 0.07%.
  • This page bridges the global ranking context with a more relevant regional or income-based comparison layer.