Military expenditure in local currency reached COP 46,630,500,000,000 bil in 2023 in Colombia, according to the SIPRI Military Expenditure Database. This is 110,231,605,296% more than in the previous year.
Historically, military expenditure in local currency in Colombia reached an all time high of COP 46,630,500,000,000 bil in 2023 and an all time low of COP 0.433 bil in 1959.
Colombia has been ranked 5th within the group of 148 countries we follow in terms of military expenditure in local currency.
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