Evolution of historical military expenditure in South America

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This line chart displays military expenditure (% of GDP) by date using the aggregation average, weighted by gdp. The data is from our countries entity and is filtered where the region is South America.

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Legend

There are 2 fields used on this chart (including filters):
  • Date: Year period during which the metrics are collected. This field is expressed in year.
  • Military Expenditure: 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). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This field is expressed in % of GDP.

Details

This chart is based on data from: World Bank

Updated: 30 days ago

This chart can be used under the CC BY 4.0 license

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