Military Expenditure in Georgia increased to 312 USD Million in 2018 from 308 USD Million in 2017. source: SIPRI
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 November of 2020.
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.