Military Expenditure in Myanmar decreased to 3155 USD Million in 2018 from 3464 USD Million in 2017.

Military Expenditure in Myanmar averaged 779.40 USD Million from 1951 until 2018, reaching an all time high of 3818 USD Million in 2015 and a record low of 159 USD Million in 1951. Myanmar Military Expenditure - values, historical data and charts - was last updated on October of 2020. source: SIPRI

Military Expenditure in Myanmar is expected to reach 3000.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Myanmar Military Expenditure is projected to trend around 3100.00 USD Million in 2021, according to our econometric models.

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Myanmar Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
3155.00 3464.00 3818.00 159.00 1951 - 2018 USD Million Yearly
constant 2012 prices

Myanmar Government Last Previous Highest Lowest Unit
Government Debt to GDP 49.41 47.31 216.04 37.14 percent [+]
Government Budget -3.50 -3.00 1.70 -7.10 percent of GDP [+]
Military Expenditure 3155.00 3464.00 3818.00 159.00 USD Million [+]
Credit Rating 15.00 [+]