Military Expenditure in Malawi increased to 53.50 USD Million in 2018 from 47.40 USD Million in 2017. source: SIPRI
Military Expenditure in Malawi averaged 22.71 USD Million from 1968 until 2018, reaching an all time high of 64.30 USD Million in 2013 and a record low of 6 USD Million in 1969. Malawi Military Expenditure - values, historical data and charts - was last updated on November of 2020.
Military Expenditure in Malawi is expected to reach 55.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malawi Military Expenditure is projected to trend around 60.00 USD Million in 2021, according to our econometric models.