Military Expenditure in Belgium increased to 5330 USD Million in 2020 from 4761 USD Million in 2019. source: SIPRI
Military Expenditure in Belgium averaged 5673.79 USD Million from 1949 until 2020, reaching an all time high of 8909 USD Million in 1981 and a record low of 2074 USD Million in 1949. Belgium Military Expenditure - values, historical data and charts - was last updated on June of 2021.
Military Expenditure in Belgium is expected to reach 4222.37 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Military Expenditure is projected to trend around 4216.08 USD Million in 2022 and 4219.85 USD Million in 2023, according to our econometric models.