Ecuador: Military expenditure (% of GDP)
In , Ecuador's Military expenditure (% of GDP) was 2.22.
That's down 1.9% from 2023, the highest value since .
The global average for this indicator in 2024 was 2.20 . Ecuador ranks #45 globally out of 147 reporting countries. Within Latin America & Caribbean, it ranks #3 of 20.
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2024
Trend (2005–2024)
Highlights
- Peak
- 3.24
- Trough
- 2.08
- 1-year change
- -1.9%
- 5-year change
- +1.9%
- +0.4% / yr
- 10-year change
- -18.1%
- -2.0% / yr
Historical Data — Last 10 Years
| Year | Military expenditure (% of GDP) |
|---|---|
| 2.2219 | |
| 2.2651 | |
| 2.2185 | |
| 2.2421 | |
| 2.4579 | |
| 2.1804 | |
| 2.3720 | |
| 2.3574 | |
| 2.5731 | |
| 2.6721 |
About Military expenditure (% of GDP)
Military expenditure by country as percentage of gross domestic product
Indicator code: MS.MIL.XPND.GD.ZS • Category: Public Sector
Frequently asked questions
- What was Ecuador's Military expenditure (% of GDP) in 2024?
- In 2024, Ecuador's Military expenditure (% of GDP) was 2.22, according to World Bank Open Data.
- Is Ecuador's Military expenditure (% of GDP) rising or falling?
- Ecuador's Military expenditure (% of GDP) fell 1.9% from 2023 to 2024.
- How does Ecuador rank globally on Military expenditure (% of GDP)?
- In 2024, Ecuador ranked #45 out of 147 countries reporting Military expenditure (% of GDP).
- How does Ecuador's Military expenditure (% of GDP) compare to the world average?
- The global average for Military expenditure (% of GDP) in 2024 was 2.20, so Ecuador is above the world average. Within Latin America & Caribbean, it ranks #3 of 20.
- What is Military expenditure (% of GDP) and how is it measured?
- Military expenditure by country as percentage of gross domestic product
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS), CC BY 4.0.