Ranked:
N/A (2012)

Chilean Military Budget

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

Military Spending in Chile

Our latest data shows that Chile spent $5,357,000,000 on their military in 2012 which amounted to 2.1% of the country's GDP that year. Check out the chart below for more Chilean 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: $54,163,000,000 (Last 12 years)

Year Dollars Spent % GDP
2001 $3,404,000,000 2.8%
2002 $3,387,000,000 2.6%
2003 $3,397,000,000 2.4%
2004 $4,040,000,000 2.5%
2005 $4,335,000,000 2.4%
2006 $4,937,000,000 2.4%
Year Dollars Spent % GDP
2007 $4,944,000,000 2.3%
2008 $5,222,000,000 2.5%
2009 $4,569,000,000 2.2%
2010 $5,131,000,000 2.2%
2011 $5,440,000,000 2.2%
2012 $5,357,000,000 2.1%

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

SIPRI Footnote: The figures for Chile are for the adopted budget. The figures for Chile have been extensively revised compared to previous editions of the database. This is due to 1) receiving new, more complete data from the Chilean authorities and 2) Following a review, SIPRI has decided that the Carabineros should not be considered a paramilitary force from 1990 onwards, and have therefore been excluded from the SIPRI figures. This means that the figures for Chile are considerably lower than previously reported. The figures for Chile include direct transfers from the state-owned copper company Corporacion Nacional del Cobre (CODELCO) for military purchases. Since 2004, the MOD has built up a surplus from unspent portions of these transferred funds, which in 2011 were placed in a Strategic Contingency Fund for future equipment spending. The SIPRI figures continue to count the transfers from CODELCO rather than actual spending.

Other Countries in the Region

Nicaraguan Flag Nicaragua
$65 Million (2012)
Peruvian Flag Peru
$2,363 Million (2012)
Ecuadorian Flag Ecuador
$2,263 Million (2012)
Mexican Flag Mexico
$7,103 Million (2012)
Panamanian Flag Panama
No Data (2012)
Colombian Flag Colombia
$11,446 Million (2012)
Dominican Flag Dom. Republic
$359 Million (2012)
Paraguayan Flag Paraguay
$430 Million (2012)

Chile's Military Branches

Army of the Nation, Chilean Navy (Armada de Chile, includes Naval Aviation, Marine Corps, and Maritime Territory and Merchant Marine Directorate (Directemar)), Chilean Air Force (Fuerza Aerea de Chile, FACh), Carabineros Corps (Cuerpo de Carabineros.

Military Service Age in Chile

18-45 years of age for voluntary male and female military service, although the right to compulsory recruitment of males 18-45 is retained; service obligation is 12 months for Army and 22 months for Navy and Air Force.