Military Expenditure in Austria increased to 3825.30 USD Million in 2021 from 3601.60 USD Million in 2020. source: SIPRI
Military Expenditure in Austria averaged 1647.61 USD Million from 1957 until 2021, reaching an all time high of 3825.30 USD Million in 2021 and a record low of 82.60 USD Million in 1957. Austria Military Expenditure - values, historical data and charts - was last updated on November of 2022.
Military Expenditure in Austria is expected to reach 2817.39 USD Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Military Expenditure is projected to trend around 2848.65 USD Million in 2023 and 2847.69 USD Million in 2024, according to our econometric models.