Military Expenditure in Tanzania increased to 665 USD Million in 2018 from 611 USD Million in 2017.

Military Expenditure in Tanzania averaged 249.34 USD Million from 1967 until 2018, reaching an all time high of 665 USD Million in 2018 and a record low of 65.30 USD Million in 1968. source: SIPRI

Military Expenditure in Tanzania is expected to be 720.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Tanzania Military Expenditure is projected to trend around 730.00 USD Million in 2020, according to our econometric models.

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Tanzania Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
665.00 611.00 665.00 65.30 1967 - 2018 USD Million Yearly
constant 2016 prices
Tanzania Government Last Previous Highest Lowest Unit
Government Debt to GDP 37.40 37.20 50.20 21.50 percent [+]
Government Budget -2.00 -2.00 -1.70 -11.90 percent of GDP [+]
Military Expenditure 665.00 611.00 665.00 65.30 USD Million [+]
Credit Rating 15.00 [+]
Government Debt 6313.60 6198.60 12408.10 2244.60 USD Million [+]