Colombia
Military Spending Profile
#25
Global Rank
$12.2B
2024 Spending
0.5%
of World Spending
3.4%
of GDP
Military Spending Over Time
Constant 2023 USD (billions)
Military Spending as % of GDP
10-Year Trend
+35.2%
Military spending has increased over the past decade
Peak Spending
$12.2B
in 2024 (constant 2023 USD)