Military Expenditure in Ethiopia remained unchanged at 503 USD Million in 2018 from 503 USD Million in 2017.
Military Expenditure in Ethiopia averaged 497.89 USD Million from 1965 until 2018, reaching an all time high of 1548 USD Million in 1999 and a record low of 171 USD Million in 1970. Ethiopia Military Expenditure - values, historical data and charts - was last updated on July of 2020. source: SIPRI
Military Expenditure in Ethiopia is expected to reach 488.38 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ethiopia Military Expenditure is projected to trend around 477.25 USD Million in 2021 and 474.90 USD Million in 2022, according to our econometric models.