Ranked:
N/A (2012)

Bolivian Military Budget

See the chart below for a yearly breakdown of military spending in Bolivia. (2001 to 2012)

Military Spending in Bolivia

Our latest data shows that Bolivia spent $377,000,000 on their military in 2012 which amounted to 1.5% of the country's GDP that year. Check out the chart below for more Bolivian military budget data. We can only publish the past 12 years, but SIPRI has data as far back as 1988 on their site.

Total Spent: $4,025,000,000 (Last 12 years)

Year Dollars Spent % GDP
2001 $304,000,000 2.3%
2002 $284,000,000 2.0%
2003 $318,000,000 2.2%
2004 $307,000,000 1.9%
2005 $296,000,000 1.8%
2006 $299,000,000 1.6%
Year Dollars Spent % GDP
2007 $333,000,000 1.7%
2008 $398,000,000 2.0%
2009 $394,000,000 2.0%
2010 $364,000,000 1.7%
2011 $351,000,000 1.5%
2012 $377,000,000 1.5%

Note on Data: Constant (2011) US Dollars are used. For more information about this data visit SIPRI.org.

SIPRI Footnote: The figures for Bolivia include some expenditure for civil defence.

Other Countries in the Region

Guyanese Flag Guyana
$30 Million (2012)
Bolivian Flag Bolivia
$377 Million (2012)
Peruvian Flag Peru
$2,363 Million (2012)
Argentine Flag Argentina
$4,356 Million (2012)
Jamaican Flag Jamaica
$123 Million (2012)
American Flag United States
$668,841 Million (2012)
Venezuelan Flag Venezuela
$3,316 Million (2012)
Ecuadorian Flag Ecuador
$2,263 Million (2012)

Bolivia's Military Branches

Bolivian Army (Ejercito Boliviano, EB), Bolivian Naval Force (Fuerza Naval Boliviana, FNB; includes Marines), Bolivian Air Force (Fuerza Aerea Boliviana, FAB).

Military Service Age in Bolivia

18-49 years of age for 12-month compulsory male and female military service; Bolivian citizenship required; 17 years of age for voluntary service; when annual number of volunteers falls short of goal, compulsory recruitment is effected, including conscription of boys as young as 14; 15-19 years of age for voluntary premilitary service, provides exemption from further military service.