Military Expenditure in Botswana increased to 571 USD Million in 2020 from 515 USD Million in 2019. source: SIPRI
Military Expenditure in Botswana averaged 263.41 USD Million from 1977 until 2020, reaching an all time high of 572 USD Million in 2016 and a record low of 15.40 USD Million in 1977. Botswana Military Expenditure - values, historical data and charts - was last updated on July of 2021.
Military Expenditure in Botswana is expected to reach 396.97 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Botswana Military Expenditure is projected to trend around 332.47 USD Million in 2022 and 333.85 USD Million in 2023, according to our econometric models.