Guatemala Military Spending/Defense Budget 1960-2024

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Guatemala military spending/defense budget for 2022 was $0.43B, a 25.97% increase from 2021.
  • Guatemala military spending/defense budget for 2021 was $0.34B, a 0.29% decline from 2020.
  • Guatemala military spending/defense budget for 2020 was $0.34B, a 3.28% increase from 2019.
  • Guatemala military spending/defense budget for 2019 was $0.33B, a 21.52% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $291.96B
Russia $86.37B
Brazil $20.21B
Turkey $10.64B
Colombia $9.94B
Algeria $9.15B
Mexico $8.54B
Iran $6.85B
Thailand $5.72B
Romania $5.19B
Lebanon $4.74B
Iraq $4.68B
Malaysia $3.67B
South Africa $3.00B
Azerbaijan $2.99B
Peru $2.85B
Ecuador $2.49B
Jordan $2.32B
Serbia $1.43B
Bulgaria $1.34B
Kazakhstan $1.13B
Belarus $0.82B
Armenia $0.80B
Dominican Republic $0.76B
Botswana $0.49B
Guatemala $0.43B
Namibia $0.37B
Paraguay $0.37B
Albania $0.29B
Gabon $0.28B
North Macedonia $0.22B
Jamaica $0.22B
Bosnia $0.18B
Equatorial Guinea $0.16B
Montenegro $0.10B
Guyana $0.08B
Fiji $0.07B
Belize $0.02B
Mauritius $0.02B
Venezuela $0.00B
Costa Rica $0.00B
Guatemala Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2022 $0.43B 0.46%
2021 $0.34B 0.40%
2020 $0.34B 0.44%
2019 $0.33B 0.43%
2018 $0.27B 0.37%
2017 $0.28B 0.38%
2016 $0.29B 0.44%
2015 $0.25B 0.41%
2014 $0.25B 0.42%
2013 $0.25B 0.47%
2012 $0.22B 0.48%
2011 $0.20B 0.46%
2010 $0.17B 0.44%
2009 $0.15B 0.40%
2008 $0.17B 0.47%
2007 $0.14B 0.40%
2006 $0.13B 0.43%
2005 $0.10B 0.38%
2004 $0.11B 0.48%
2003 $0.18B 0.82%
2002 $0.16B 0.76%
2001 $0.20B 1.05%
2000 $0.16B 0.92%
1999 $0.12B 0.68%
1998 $0.14B 0.72%
1997 $0.13B 0.74%
1996 $0.14B 0.90%
1995 $0.16B 1.08%
1994 $0.15B 1.18%
1993 $0.14B 1.27%
1992 $0.15B 1.47%
1991 $0.12B 1.27%
1990 $0.13B 1.73%
1989 $0.15B 1.80%
1988 $0.15B 1.87%
1987 $0.12B 1.75%
1986 $0.14B 1.67%
1985 $0.22B 2.01%
1984 $0.21B 2.19%
1983 $0.18B 2.04%
1982 $0.18B 2.03%
1981 $0.16B 1.89%
1980 $0.10B 1.32%
1979 $0.09B 1.31%
1978 $0.07B 1.18%
1977 $0.08B 1.37%
1976 $0.06B 1.27%
1975 $0.04B 1.23%
1974 $0.03B 0.90%
1973 $0.02B 0.91%
1972 $0.02B 1.14%
1971 $0.02B 1.12%
1970 $0.03B 1.70%
1969 $0.02B 1.03%
1968 $0.02B 1.27%
1967 $0.02B 1.46%
1966 $0.02B 1.37%
1965 $0.02B 1.40%
1964 $0.01B 1.00%
1963 $0.01B 1.17%
1962 $0.01B 1.05%
1961 $0.01B 1.12%
1960 $0.01B 1.16%