Military Expenditure in Ecuador increased to 2554 USD Million in 2018 from 2463 USD Million in 2017.
Military Expenditure in Ecuador averaged 1206.97 USD Million from 1957 until 2018, reaching an all time high of 3010 USD Million in 2013 and a record low of 221 USD Million in 1959. Ecuador Military Expenditure - values, historical data and charts - was last updated on July of 2020. source: SIPRI
Military Expenditure in Ecuador is expected to reach 2550.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ecuador Military Expenditure is projected to trend around 2300.00 USD Million in 2021, according to our econometric models.