Military Expenditure in Albania increased to 236.40 USD Million in 2021 from 187.40 USD Million in 2020. source: SIPRI
Military Expenditure in Albania averaged 78.16 USD Million from 1975 until 2021, reaching an all time high of 255.70 USD Million in 2008 and a record low of 0 USD Million in 1976. Albania Military Expenditure - values, historical data and charts - was last updated on December of 2022.
Military Expenditure in Albania is expected to reach 159.57 USD Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania Military Expenditure is projected to trend around 157.42 USD Million in 2023 and 159.27 USD Million in 2024, according to our econometric models.