Chile - Military expenditure (current LCU)

The value for Military expenditure (current LCU) in Chile was 3,646,110,000,000 as of 2019. As the graph below shows, over the past 59 years this indicator reached a maximum value of 3,646,110,000,000 in 2019 and a minimum value of 133,000 in 1960.

Definition: 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.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

Year Value
1960 133,000
1961 169,000
1962 172,000
1963 248,000
1964 346,000
1965 531,000
1966 719,000
1967 926,000
1968 1,195,000
1969 1,551,000
1970 4,380,000
1971 7,955,000
1972 15,536,000
1973 72,066,000
1974 654,000,000
1975 2,390,000,000
1976 7,830,000,000
1977 19,900,000,000
1978 32,800,000,000
1979 48,900,000,000
1980 69,700,000,000
1981 89,400,000,000
1982 110,000,000,000
1983 118,000,000,000
1984 144,000,000,000
1985 183,000,000,000
1986 215,000,000,000
1987 256,000,000,000
1988 245,000,000,000
1989 264,000,000,000
1990 314,500,000,000
1991 362,500,000,000
1992 423,800,000,000
1993 521,800,000,000
1994 616,000,000,000
1995 725,300,000,000
1996 785,000,000,000
1997 889,200,000,000
1998 972,300,000,000
1999 1,039,500,000,000
2000 1,135,000,000,000
2001 1,202,000,000,000
2002 1,226,000,000,000
2003 1,429,800,000,000
2004 1,638,000,000,000
2005 1,735,500,000,000
2006 2,044,400,000,000
2007 2,101,600,000,000
2008 2,425,200,000,000
2009 2,188,600,000,000
2010 2,497,200,000,000
2011 2,750,500,000,000
2012 2,659,100,000,000
2013 2,738,800,000,000
2014 2,910,360,000,000
2015 3,029,100,000,000
2016 3,247,300,000,000
2017 3,479,770,000,000
2018 3,556,860,000,000
2019 3,646,110,000,000

Periodicity: Annual

General Comments: Data for some countries are based on partial or uncertain data or rough estimates. For additional details please refer to the military expenditure database on the SIPRI website: https://sipri.org/databases/milex

Classification

Topic: Public Sector Indicators

Sub-Topic: Defense & arms trade