Military Expenditure in Georgia increased to 312 USD Million in 2018 from 308 USD Million in 2017.

Military Expenditure in Georgia averaged 292.55 USD Million from 1996 until 2018, reaching an all time high of 927 USD Million in 2007 and a record low of 33.70 USD Million in 2000. Georgia Military Expenditure - values, historical data and charts - was last updated on August of 2020. source: SIPRI

Military Expenditure in Georgia is expected to reach 333.30 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia Military Expenditure is projected to trend around 333.30 USD Million in 2021, according to our econometric models.

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Georgia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
312.00 308.00 927.00 33.70 1996 - 2018 USD Million Yearly
constant 2017 prices

Georgia Government Last Previous Highest Lowest Unit
Government Debt to GDP 43.00 44.20 44.40 21.55 percent [+]
Government Budget -2.30 -3.20 4.50 -6.70 percent of GDP [+]
Government Spending 1524.90 1832.20 2018.50 41.10 GEL Million [+]
Government Revenues 653.50 795.40 1138.40 148.50 GEL Million [+]
Fiscal Expenditure 998.90 916.20 1377.00 132.00 GEL Million [+]
Credit Rating 45.00 [+]
Military Expenditure 312.00 308.00 927.00 33.70 USD Million [+]
Government Budget Value -345.40 -120.80 387.20 -345.40 GEL Million [+]