Military Expenditure in Angola decreased to 2508 USD Million in 2018 from 3063 USD Million in 2017. source: SIPRI
Military Expenditure in Angola averaged 3250.97 USD Million from 1988 until 2018, reaching an all time high of 7798 USD Million in 2014 and a record low of 207 USD Million in 1992. Angola Military Expenditure - values, historical data and charts - was last updated on October of 2020.
Military Expenditure in Angola is expected to reach 2200.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola Military Expenditure is projected to trend around 2000.00 USD Million in 2021 and 1800.00 USD Million in 2022, according to our econometric models.