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Bolivia: Defense Budget
Country Study > Chapter 5 > National Security > The Armed Forces > Defense Budget

DEFENSE BUDGET


Data on the Bolivian defense budgets varied widely in the late 1980s. According to the International Institute for Strategic Studies, the 1988 defense budget was US$87 million. According to the United States government's The World Factbook, 1989, however, the military budget in 1988 was US$158.6 million. These figures were considerably higher than press reports that the defense budget fell from US$130 million in 1985 to US$94 million in 1986 but rose to roughly US$100 million in 1988.

Despite a warning by the FF.AA. commander that a cut in the 1988 funds would endanger Bolivian security and sovereignty, the Paz Estenssoro government reportedly earmarked only about US$98 million for the 1988 military budget. After meeting with the FF.AA. commander in July 1988, however, Paz Estenssoro ordered the minister of finance to give priority to the armed forces budget. The minister of national defense subsequently reported that the problem of military budget cuts had been overcome, mainly as a result of US$5 million in aid provided by the United States, and that FF.AA. personnel had received salary increases.

Data as of December 1989




Last Updated: December 1989


Editor's Note: Country Studies included here were published between 1988 and 1998. The Country study for Bolivia was first published in 1989. Where available, the data has been updated through 2008. The date at the bottom of each section will indicate the time period of the data. Information on some countries may no longer be up to date. See the "Research Completed" date at the beginning of each study on the Title Page or the "Data as of" date at the end of each section of text. This information is included due to its comprehensiveness and for historical purposes.

Note that current information from the CIA World Factbook, U.S. Department of State Background Notes, Australia's Department of Foreign Affairs and Trade Country Briefs, the UK's Foreign and Commonwealth Office's Country Profiles, and the World Bank can be found on Factba.se.

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