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Latin America and Caribbean: Military > Expenditures stats

Definitions

  • Dollar figure: Current military expenditures in US dollars; the figure is calculated by multiplying the estimated defense spending in percentage terms by the gross domestic product (GDP) calculated on an exchange rate basis not purchasing power parity (PPP) terms. Dollar figures for military expenditures should be treated with caution because of different price patterns and accounting methods among nations, as well as wide variations in the strength of their currencies
  • Dollar figure > Per $ GDP: Current military expenditures in US dollars; the figure is calculated by multiplying the estimated defense spending in percentage terms by the gross domestic product (GDP) calculated on an exchange rate basis not purchasing power parity (PPP) terms. Dollar figures for military expenditures should be treated with caution because of different price patterns and accounting methods among nations, as well as wide variations in the strength of their currencies Per $ GDP figures expressed per 1,000 $ gross domestic product
  • Dollar figure > Per capita: Current military expenditures in US dollars; the figure is calculated by multiplying the estimated defense spending in percentage terms by the gross domestic product (GDP) calculated on an exchange rate basis not purchasing power parity (PPP) terms. Dollar figures for military expenditures should be treated with caution because of different price patterns and accounting methods among nations, as well as wide variations in the strength of their currencies Per capita figures expressed per 1 population.
  • Dollar figure per capita: Current military expenditures in US dollars; the figure is calculated by multiplying the estimated defense spending in percentage terms by the gross domestic product (GDP) calculated on an exchange rate basis not purchasing power parity (PPP) terms. Dollar figures for military expenditures should be treated with caution because of different price patterns and accounting methods among nations, as well as wide variations in the strength of their currencies. Figures expressed per capita for the same year.
  • Dollar figure, % of GDP: Current military expenditures in US dollars; the figure is calculated by multiplying the estimated defense spending in percentage terms by the gross domestic product (GDP) calculated on an exchange rate basis not purchasing power parity (PPP) terms. Dollar figures for military expenditures should be treated with caution because of different price patterns and accounting methods among nations, as well as wide variations in the strength of their currencies. Figures expressed as a proportion of GDP for the same year
  • Percent of GDP: Current military expenditures as an estimated percent of gross domestic product (GDP).
STAT LATIN AMERICAN AND CARIBBEAN TOTAL LATIN AMERICAN AND CARIBBEAN AVERAGE DATES
Dollar figure $23.79 billion
11% of surveyed countries
$1.83 billion
29% less than average
2004
Dollar figure > Per $ GDP $13.87 per 1,000 $ of GDP
66% less than average
2004
Dollar figure > Per capita $49.71 per capita
2 times less than average
2004
Dollar figure per capita $49.01
2 times less than average
2004
Dollar figure, % of GDP 1.32%
56% less than average
2004
Percent of GDP 1.38%
69% less than average
2006

Citation

"Latin American and Caribbean Expenditures Profile", NationMaster. Retrieved from http://www.nationmaster.com/country-info/groups/Latin-America-and-Caribbean/Military/Expenditures