In 2022, the ratio of military expenditure to gross domestic product (GDP) in Ecuador decreased by 0.1 percentage points (-4.46 percent) since 2021. Nevertheless, the last two years recorded a significant higher ratio than the preceding years. Military expenditure figures refer to the amount of money spent on a country's armed forces, including peacekeeping and defense operations, among others. When comparing international figures, there may be some inconsistencies depending on what respective countries consider as military spending.
Expenditure on military as a share of GDP of Ecuador from 2000 to 2022
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World Bank. (June 28, 2024). Expenditure on military as a share of GDP of Ecuador from 2000 to 2022 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1390967/expenditure-on-military-as-a-share-of-gdp-ecuador/
World Bank. "Expenditure on military as a share of GDP of Ecuador from 2000 to 2022." Chart. June 28, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1390967/expenditure-on-military-as-a-share-of-gdp-ecuador/
World Bank. (2024). Expenditure on military as a share of GDP of Ecuador from 2000 to 2022. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1390967/expenditure-on-military-as-a-share-of-gdp-ecuador/
World Bank. "Expenditure on Military as a Share of Gdp of Ecuador from 2000 to 2022." Statista, Statista Inc., 28 Jun 2024, https://www.statista.com/statistics/1390967/expenditure-on-military-as-a-share-of-gdp-ecuador/
World Bank, Expenditure on military as a share of GDP of Ecuador from 2000 to 2022 Statista, https://www.statista.com/statistics/1390967/expenditure-on-military-as-a-share-of-gdp-ecuador/ (last visited August 24, 2024)
Expenditure on military as a share of GDP of Ecuador from 2000 to 2022 [Graph], World Bank, June 28, 2024. [Online]. Available: https://www.statista.com/statistics/1390967/expenditure-on-military-as-a-share-of-gdp-ecuador/