Ratio of military expenditure to gross domestic product (GDP) in Peru 2022

The ratio of military expenditure to gross domestic product (GDP) in Peru decreased by 0.03 percentage points (-2.54 percent) compared to the previous year. Therefore, the ratio in Peru saw its lowest number in that year with 1.15 percent.
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.

Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like Bolivia and Ecuador.