Military Expenditure in Morocco increased to 3761 USD Million in 2019 from 3697 USD Million in 2018. source: SIPRI

Military Expenditure in Morocco averaged 1714.95 USD Million from 1956 until 2019, reaching an all time high of 3876 USD Million in 2013 and a record low of 48 USD Million in 1965. Morocco Military Expenditure - values, historical data and charts - was last updated on March of 2021.

Military Expenditure in Morocco is expected to reach 3450.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Morocco Military Expenditure is projected to trend around 3470.00 USD Million in 2022, according to our econometric models.

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Morocco Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
3761.00 3697.00 3876.00 48.00 1956 - 2019 USD Million Yearly
constant 2018 prices

Morocco Government Last Previous Highest Lowest Unit
Government Debt to GDP 66.10 65.20 117.71 21.66 percent [+]
Government Budget -3.60 -3.70 3.60 -7.20 percent of GDP [+]
Government Spending 222967.00 210758.00 222967.00 400.00 MAD Million [+]
Credit Rating 51.00 [+]
Military Expenditure 3761.00 3697.00 3876.00 48.00 USD Million [+]