Military Expenditure in Georgia increased to 337 USD Million in 2019 from 327 USD Million in 2018. source: SIPRI

Military Expenditure in Georgia averaged 298.60 USD Million from 1996 until 2019, reaching an all time high of 938 USD Million in 2007 and a record low of 34.10 USD Million in 2000. Georgia Military Expenditure - values, historical data and charts - was last updated on March of 2021.

Military Expenditure in Georgia is expected to reach 333.30 USD Million by the end of 2021, 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 2022, according to our econometric models.

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Georgia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
337.00 327.00 938.00 34.10 1996 - 2019 USD Million Yearly
constant 2018 prices

Georgia Government Last Previous Highest Lowest Unit
Government Debt to GDP 41.20 43.00 44.40 21.55 percent [+]
Government Budget -3.40 -2.60 4.50 -6.70 percent of GDP [+]
Government Spending 1741.80 1514.90 2018.50 41.10 GEL Million [+]
Government Revenues 1066.90 1141.60 1141.60 148.50 GEL Million [+]
Fiscal Expenditure 1013.10 1633.50 1633.50 132.00 GEL Million [+]
Military Expenditure 337.00 327.00 938.00 34.10 USD Million [+]
Credit Rating 45.00 [+]
Government Budget Value -87.00 -907.90 387.20 -907.90 GEL Million [+]