The government in Colombia spent over 10 billion U.S. dollars in the military sector in 2021 and 2023. In comparison to the 9.55 billion dollars spent in the military during 2020. Likewise, Colombia ranks first as the Latin American country with highest military expenditure in relation to its Gross Domestic Product (GDP).
Military expenditure in Colombia from 2020 to 2023
(in billion U.S. dollars)
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SIPRI. (April 25, 2024). Military expenditure in Colombia from 2020 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/794482/military-spending-value-colombia/
SIPRI. "Military expenditure in Colombia from 2020 to 2023 (in billion U.S. dollars)." Chart. April 25, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/794482/military-spending-value-colombia/
SIPRI. (2024). Military expenditure in Colombia from 2020 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/794482/military-spending-value-colombia/
SIPRI. "Military Expenditure in Colombia from 2020 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 25 Apr 2024, https://www.statista.com/statistics/794482/military-spending-value-colombia/
SIPRI, Military expenditure in Colombia from 2020 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/794482/military-spending-value-colombia/ (last visited November 22, 2024)
Military expenditure in Colombia from 2020 to 2023 (in billion U.S. dollars) [Graph], SIPRI, April 25, 2024. [Online]. Available: https://www.statista.com/statistics/794482/military-spending-value-colombia/