Key Market Indicators
Bolivian defence expenditure is set to rise by 1.5% year on year on average, hitting $669,950,000 by 2026. Since 1968, Bolivia's expenditure has risen by an average of 1.6% each year. In 2021, it was the 82nd highest in the world, overtaken by Armenia's $598,120,000. China, India and Russia were the second, third and fourth highest respectively.
