Military expenditure at constant USD prices from 2014 fell 11.3% to USD 2,592 mil in Ecuador in 2015, according to the SIPRI Military Expenditure Database.
Historically, military expenditure at constant USD prices from 2014 in Ecuador reached an all time high of USD 2,922 mil in 2014 and an all time low of USD 496 mil in 1992. When compared to Ecuador's main peers, military expenditure at constant USD prices from 2014 in Brazil amounted to USD 31,954 mil, USD 12,945 mil in Colombia, USD 0 mil in Panama and USD 3,303 mil in Peru in 2015.
Ecuador has been ranked 54th within the group of 142 countries we follow in terms of military expenditure at constant USD prices from 2014, 8 places above the position seen 10 years ago.
Military Expenditure (Constant 2014 USD) | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
Bolivia | USD mil | 462 | 427 | 474 | 559 | 597 | ||||||||||||||||
Brazil | USD mil | 29,047 | 32,257 | 31,245 | 31,846 | 32,020 | ||||||||||||||||
Chile | USD mil | 4,247 | 4,770 | 5,057 | 4,970 | 5,139 | ||||||||||||||||
Colombia | USD mil | 11,155 | 11,070 | 10,305 | 11,029 | 12,009 | ||||||||||||||||
Costa Rica | USD mil | ... | ... | ... | ... | ... | ||||||||||||||||
Ecuador | USD mil | 2,358 | 2,447 | 2,744 | 2,756 | 2,904 | ||||||||||||||||
Honduras | USD mil | ... | ... | ... | ... | ... | 190 | 197 | 218 | 226 | 302 | |||||||||||
Nicaragua | USD mil | 45.4 | 47.9 | 54.1 | 72.3 | 75.3 | ||||||||||||||||
Panama | USD mil | ... | ... | ... | ... | ... | ||||||||||||||||
Peru | USD mil | 2,110 | 2,214 | 2,162 | 2,345 | 2,907 | ||||||||||||||||
Venezuela | USD mil | 6,130 | 4,811 | 4,495 | 7,730 | 8,293 |