Military Expenditure in Bulgaria increased to 2187 USD Million in 2019 from 961 USD Million in 2018. source: SIPRI
Military Expenditure in Bulgaria averaged 1132.61 USD Million from 1989 until 2019, reaching an all time high of 4083 USD Million in 1989 and a record low of 659 USD Million in 1997. Bulgaria Military Expenditure - values, historical data and charts - was last updated on May of 2021.
Military Expenditure in Bulgaria is expected to reach 1070.92 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bulgaria Military Expenditure is projected to trend around 1319.65 USD Million in 2022 and 1505.10 USD Million in 2023, according to our econometric models.