Military Expenditure in Indonesia decreased to 7661 USD Million in 2018 from 8178 USD Million in 2017. source: SIPRI

Military Expenditure in Indonesia averaged 3540.78 USD Million from 1974 until 2018, reaching an all time high of 8225 USD Million in 2015 and a record low of 1305 USD Million in 1974. Indonesia Military Expenditure - values, historical data and charts - was last updated on October of 2020.

Military Expenditure in Indonesia is expected to reach 7980.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Military Expenditure is projected to trend around 7980.00 USD Million in 2021, according to our econometric models.

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Indonesia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
7661.00 8178.00 8225.00 1305.00 1974 - 2018 USD Million Yearly
constant 2017 prices

Indonesia Government Last Previous Highest Lowest Unit
Government Debt to GDP 29.80 28.70 87.43 22.96 percent [+]
Government Budget -2.20 -1.76 3.02 -2.58 percent of GDP [+]
Government Budget Value -348653.70 -269442.90 12604.60 -348653.70 IDR Billion [+]
Government Spending 195004.77 159398.05 284729.74 21713.30 IDR Billion [+]
Government Revenues 1960633.60 1943674.90 1960633.60 10139.60 IDR Billion [+]
Fiscal Expenditure 2309287.30 2213117.80 2309287.30 10167.40 IDR Billion [+]
Military Expenditure 7661.00 8178.00 8225.00 1305.00 USD Million [+]
Credit Rating 60.00 [+]