Military Expenditure in Laos increased to 23.30 USD Million in 2013 from 22.70 USD Million in 2012. source: SIPRI

Military Expenditure in Laos averaged 80.62 USD Million from 1992 until 2013, reaching an all time high of 250.80 USD Million in 1994 and a record low of 19.70 USD Million in 2009. Laos Military Expenditure - values, historical data and charts - was last updated on January of 2021.

Military Expenditure in Laos is expected to reach 28.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Laos Military Expenditure is projected to trend around 28.00 USD Million in 2021, according to our econometric models.

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Laos Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
23.30 22.70 250.80 19.70 1992 - 2013 USD Million Yearly
constant 2017 prices

Laos Government Last Previous Highest Lowest Unit
Government Debt to GDP 52.64 51.41 81.70 33.61 percent [+]
Government Budget -3.20 -4.60 -2.80 -8.90 percent of GDP [+]
Credit Rating 20.00 [+]
Government Budget Value -5295.00 -7059.10 -89.40 -7811.00 LAK Billion [+]
Government Revenues 25328.67 23943.80 25328.67 275.00 LAK Billion [+]
Fiscal Expenditure 30623.68 31001.90 31001.90 364.40 LAK Billion [+]