Military Expenditure in Algeria increased to 10334 USD Million in 2019 from 9584 USD Million in 2018. source: SIPRI
Military Expenditure in Algeria averaged 2966.86 USD Million from 1969 until 2019, reaching an all time high of 10552 USD Million in 2016 and a record low of 215 USD Million in 1972. Algeria Military Expenditure - values, historical data and charts - was last updated on May of 2021.
Military Expenditure in Algeria is expected to reach 9975.45 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Algeria Military Expenditure is projected to trend around 9888.57 USD Million in 2022 and 9909.73 USD Million in 2023, according to our econometric models.