Military expenditure at constant USD prices from 2014 rose 12.8% to USD 3,303 mil in Peru in 2015, according to the SIPRI Military Expenditure Database.
Historically, military expenditure at constant USD prices from 2014 in Peru reached an all time high of USD 3,303 mil in 2015 and an all time low of USD 1,348 mil in 1991. When compared to Peru's main peers, military expenditure at constant USD prices from 2014 in Bolivia amounted to USD 513 mil, USD 31,954 mil in Brazil, USD 5,071 mil in Chile and USD 12,945 mil in Colombia in 2015.
Peru has been ranked 50th 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 |
Argentina | USD mil | 2,455 | 2,713 | 3,048 | 3,443 | 4,218 | ||||||||||||||||
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 | ||||||||||||||||
Paraguay | USD mil | 250 | 278 | 317 | 363 | 401 | ||||||||||||||||
Peru | USD mil | 2,110 | 2,214 | 2,162 | 2,345 | 2,907 | ||||||||||||||||
Uruguay | USD mil | 931 | 939 | 894 | 935 | 1,025 | ||||||||||||||||
Venezuela | USD mil | 6,130 | 4,811 | 4,495 | 7,730 | 8,293 |