Colombia Military Spending
Colombia military spending data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 3.36%.
Colombia · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
Colombia · military spending data as percent of GDP.
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Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
Colombia recorded 3.36% for Military Spending in 2024, the latest available observation in this dataset.
Compared with 2023, the indicator increased by 0.39 percentage points, from 2.97% to 3.36%.
The latest observation is above the average of the last 10 available observations (3.14%).
Across the five latest available observations (2020–2024), the pattern is lower overall, but uneven.
Within the last 10 available observations, the low was 2.80% in 2022 and the high was 3.53% in 2020.