Peru
Military Spending Profile
#58
Global Rank
$2.5B
2024 Spending
0.1%
of World Spending
0.9%
of GDP
Military Spending Over Time
Constant 2023 USD (billions)
Military Spending as % of GDP
10-Year Trend
-34.4%
Military spending has decreased over the past decade
Peak Spending
$11.2B
in 1977 (constant 2023 USD)