Guatemala - Military expenditure (current LCU)

The value for Military expenditure (current LCU) in Guatemala was 2,651,500,000 as of 2019. As the graph below shows, over the past 59 years this indicator reached a maximum value of 2,651,500,000 in 2019 and a minimum value of 11,954,140 in 1962.

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 12,084,080
1961 12,084,080
1962 11,954,140
1963 14,812,740
1964 12,993,630
1965 18,580,890
1966 19,100,640
1967 21,179,620
1968 20,400,000
1969 17,600,000
1970 32,300,000
1971 22,200,000
1972 24,000,000
1973 23,400,000
1974 28,400,000
1975 44,900,000
1976 55,500,000
1977 75,200,000
1978 71,700,000
1979 90,200,000
1980 103,760,000
1981 162,640,000
1982 176,590,000
1983 184,250,000
1984 207,480,000
1985 224,420,000
1986 264,100,000
1987 310,070,000
1988 384,000,000
1989 427,000,000
1990 593,000,000
1991 600,000,000
1992 795,000,000
1993 814,000,000
1994 880,000,000
1995 920,059,500
1996 855,222,000
1997 801,300,000
1998 894,000,000
1999 914,000,000
2000 1,225,400,000
2001 1,546,300,000
2002 1,238,700,000
2003 1,419,600,000
2004 913,000,000
2005 797,500,000
2006 992,500,000
2007 1,043,000,000
2008 1,258,700,000
2009 1,203,100,000
2010 1,368,200,000
2011 1,537,100,000
2012 1,757,600,000
2013 1,962,300,000
2014 1,899,600,000
2015 1,932,500,000
2016 2,211,300,000
2017 2,021,000,000
2018 2,053,800,000
2019 2,651,500,000

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