Former Spanish colonies Compared by Economy > Innovation > Military expenditure > Current LCU

DEFINITION: Military expenditure (current LCU). 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.).


1 Colombia 21.82 trillion 2012
2 Chile 2.67 trillion 2012
3 Paraguay 1.87 trillion 2012
4 Equatorial Guinea 175.62 billion 2009
5 Philippines 125.74 billion 2012
6 Mexico 91.91 billion 2012
7 Uruguay 19.73 billion 2012
8 Argentina 19.7 billion 2012
9 Venezuela 17.2 billion 2012
10 Dominican Republic 14.24 billion 2012
11 Peru 6.74 billion 2012
12 Honduras 3.81 billion 2012
13 Bolivia 2.74 billion 2012
14 Ecuador 2.38 billion 2012
15 Cuba 2.14 billion 2010
16 Guatemala 1.66 billion 2012
17 Nicaragua 1.55 billion 2012
18 El Salvador 237 million 2012
19 Panama 112 million 1999


"Countries Compared by Economy > Innovation > Military expenditure > Current LCU. International Statistics at NationMaster.com", Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security. Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/group-stats/Former-Spanish-colonies/Economy/Innovation/Military-expenditure/Current-LCU

Former Spanish colonies Compared by Economy > Innovation > Military expenditure > Current LCU


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