Bolivia BO: Military Expenditure: % of GDP

1961 - 2022 | Yearly | % | World Bank

Bolivia BO: Military Expenditure: % of GDP data was reported at 1.484 % in 2022. This records an increase from the previous number of 1.411 % for 2021. Bolivia BO: Military Expenditure: % of GDP data is updated yearly, averaging 1.907 % from Dec 1961 (Median) to 2022, with 58 observations. The data reached an all-time high of 3.902 % in 1981 and a record low of 1.159 % in 1962. Bolivia BO: Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bolivia – Table BO.World Bank.WDI: Defense and Official Development Assistance. 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 definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.);Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.;Weighted average;Data for some countries are based on partial or uncertain data or rough estimates.

View Bolivia's Bolivia BO: Military Expenditure: % of GDP from 1961 to 2022 in the chart:

Bolivia Bolivia BO: Military Expenditure: % of GDP

What was Bolivia's Bolivia BO: Military Expenditure: % of GDP in 2022?

Last Previous Min Max Unit Frequency Range
1.484 2022 1.411 2021 1.159 1962 3.902 1981 % yearly 1961 - 2022

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Bolivia Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 11,910.610 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 4,703.350 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 3.400 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 4.2 Sep 2022 quarterly Mar 1991 - Sep 2022
GDP per Capita (USD) 3,137.990 2020 yearly 1960 - 2020
Gross Fixed Capital Formation (USD mn) 1,473.655 Mar 2024 quarterly Mar 1990 - Mar 2024
Gross National Product (GNP) (USD mn) 44,844.198 2023 yearly 1976 - 2023
Gross Savings Rate (%) 13.1 Mar 2024 quarterly Mar 1990 - Mar 2024
Investment: % of GDP (%) 22.2 Mar 2024 quarterly Mar 1990 - Mar 2024
Nominal GDP (USD mn) 10,724.0 Sep 2022 quarterly Mar 1990 - Sep 2022
Nominal GDP Growth (%) 0.615 Mar 2024 quarterly Mar 1991 - Mar 2024
Private Consumption Expenditure (USD mn) 8,290.313 Mar 2024 quarterly Mar 1990 - Mar 2024
Private Consumption: % of GDP (%) 71.8 Mar 2024 quarterly Mar 1990 - Mar 2024
Public Consumption Expenditure (USD mn) 1,741.560 Mar 2024 quarterly Mar 1990 - Mar 2024
Public Consumption: % of GDP (%) 15.1 Mar 2024 quarterly Mar 1990 - Mar 2024
Real GDP Growth (%) 4.3 Jun 2022 quarterly Mar 1991 - Jun 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 41.383 Mar 2024 quarterly Mar 1990 - Mar 2024
Production Last Frequency Range
Gold Production (kg) 53,286.000 2022 yearly 1990 - 2022
Industrial Production Index Growth (%) -0.5 2019 yearly 1991 - 2019
Minerals Production (Metric Ton) 15,656,532.000 2022 yearly 2009 - 2022
Silver Production (Metric Ton) 1,200.000 2023 yearly 1986 - 2023
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.8 2022 yearly 1990 - 2022
Forecast: Government Expenditure (BOB bn) 154.661 2029 yearly 1984 - 2029
Forecast: Government Net Debt (BOB bn) 478.723 2029 yearly 2000 - 2029
Forecast: Government Revenue (BOB bn) 120.040 2029 yearly 1984 - 2029
Government Debt: % of GDP (%) 27.2 2014 yearly 1998 - 2014
National Government Debt (USD mn) 8,960.7 2014 yearly 1998 - 2014
Tax Revenue (USD mn) 7,842.113 2022 yearly 1990 - 2022
Consolidated Fiscal Balance (USD mn) -2,565.847 2022 yearly 1990 - 2022
Tax Revenue: % of GDP (%) 17.8 2022 yearly 1990 - 2022
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 6,883,010.962 Jun 2024 quarterly Dec 2015 - Jun 2024
Forecast: Population (Person mn) 13.014 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 5.200 2029 yearly 2000 - 2029
Labour Force Participation Rate (%) 77.7 Sep 2022 quarterly Dec 2015 - Sep 2022
Labour Productivity Growth (%) 0.41 2023 yearly 2000 - 2023
Monthly Earnings (USD) 732 2023 yearly 1996 - 2023
Population (Person mn) 11.7 2020 yearly 1950 - 2020
Unemployment Rate (%) 2.76 Jun 2024 quarterly Dec 2015 - Jun 2024
Domestic Trade and Household Survey Last Frequency Range
Motor Vehicle Sales: Commercial Cars (Unit) 9,565.000 2019 yearly 2005 - 2019
Motor Vehicle Sales: Passenger Cars (Unit) 20,319.000 2019 yearly 2005 - 2019
Motor Vehicles Sales (Unit) 29,884 2019 yearly 2005 - 2019
Motor Vehicles Sales Growth (%) -12.1 2019 yearly 2006 - 2019

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