In 2022, the government of Ecuador spent approximately 2.41 billion U.S. dollars in the military sector. Compared to the 2.38 billion dollars spent a year earlier, this represents a slight increase. In the last three years, the annual value of military expenditure in Ecuador has been continuously increasing. Further, Ecuador is among the top three Latin American countries that spends the most on the military sector in relation to its Gross Domestic Product (GDP).
Military expenditure in Ecuador from 2013 to 2022
(in billion U.S. dollars)
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SIPRI. (April 25, 2023). Military expenditure in Ecuador from 2013 to 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/794486/military-spending-value-ecuador/
SIPRI. "Military expenditure in Ecuador from 2013 to 2022 (in billion U.S. dollars)." Chart. April 25, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/794486/military-spending-value-ecuador/
SIPRI. (2023). Military expenditure in Ecuador from 2013 to 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/794486/military-spending-value-ecuador/
SIPRI. "Military Expenditure in Ecuador from 2013 to 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 25 Apr 2023, https://www.statista.com/statistics/794486/military-spending-value-ecuador/
SIPRI, Military expenditure in Ecuador from 2013 to 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/794486/military-spending-value-ecuador/ (last visited August 25, 2024)
Military expenditure in Ecuador from 2013 to 2022 (in billion U.S. dollars) [Graph], SIPRI, April 25, 2023. [Online]. Available: https://www.statista.com/statistics/794486/military-spending-value-ecuador/