Military Expenditure in Colombia, 1960-2022

Military Expenditure in Colombia, 1960-2022

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Key Takeaways

Colombia's military expenditure has mirrored its long-standing internal security challenges. Spending peaked at of GDP in 1996, driven by efforts to combat guerrilla groups such as FARC during a period of heightened conflict. Subsequent years saw a gradual decline, stabilizing at around in the early 2000s as the government implemented significant security reforms.

From 2010 onwards, expenditures remained steady, averaging 3– of GDP, reflecting sustained investment in counterinsurgency operations and border security. The slight drop to in 2022 highlights a shift toward a balanced approach, focusing on modernization while managing fiscal pressures.

Find out more through related statistics on Colombia’s annual GDP growth rate, Colombia’s central government debt ratio, Colombia’s agriculture share in GDP.

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Sustainability Report: Insights in Colombia

Colombia Sustainability Insights Report 2024

Sustainability Report: Insights in Colombia

Discover how people in Colombia think and act on sustainability. TGM delivers localized, data-driven insights to support responsible business decisions and global impact.

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