The military spending of Colombia accounted for 8.31 percent of the country's governmental expenditure throughout 2023, the highest share of government expenses in Latin America. Uruguay accounted for the second highest, with a military expenditure of approximately 6.72 percent of the government's expenses.
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SIPRI. (April 25, 2024). Military spending as percentage of government expenditure in selected countries of Latin America in 2023 [Graph]. In Statista. Retrieved December 27, 2024, from https://www.statista.com/statistics/794115/military-spending-share-govenrment-expenditure-latin-america/
SIPRI. "Military spending as percentage of government expenditure in selected countries of Latin America in 2023." Chart. April 25, 2024. Statista. Accessed December 27, 2024. https://www.statista.com/statistics/794115/military-spending-share-govenrment-expenditure-latin-america/
SIPRI. (2024). Military spending as percentage of government expenditure in selected countries of Latin America in 2023. Statista. Statista Inc.. Accessed: December 27, 2024. https://www.statista.com/statistics/794115/military-spending-share-govenrment-expenditure-latin-america/
SIPRI. "Military Spending as Percentage of Government Expenditure in Selected Countries of Latin America in 2023." Statista, Statista Inc., 25 Apr 2024, https://www.statista.com/statistics/794115/military-spending-share-govenrment-expenditure-latin-america/
SIPRI, Military spending as percentage of government expenditure in selected countries of Latin America in 2023 Statista, https://www.statista.com/statistics/794115/military-spending-share-govenrment-expenditure-latin-america/ (last visited December 27, 2024)
Military spending as percentage of government expenditure in selected countries of Latin America in 2023 [Graph], SIPRI, April 25, 2024. [Online]. Available: https://www.statista.com/statistics/794115/military-spending-share-govenrment-expenditure-latin-america/