Military Expenditure in Bulgaria decreased to 1210 USD Million in 2020 from 2159 USD Million in 2019. source: SIPRI

Military Expenditure in Bulgaria averaged 1111.47 USD Million from 1989 until 2020, reaching an all time high of 3994 USD Million in 1989 and a record low of 644 USD Million in 1997. Bulgaria Military Expenditure - values, historical data and charts - was last updated on July 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.

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Bulgaria Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
1210.00 2159.00 3994.00 644.00 1989 - 2020 USD Million Yearly
Constant 2019 prices

Bulgaria Government Last Previous Highest Lowest Unit
Government Debt to GDP 24.20 23.40 77.60 13.20 percent of GDP [+]
Government Budget -3.40 2.10 2.10 -5.40 percent of GDP [+]
Government Budget Value -279.46 630.08 3959.03 -3580.62 BGN Million [+]
Government Spending to GDP 42.90 36.30 43.70 30.40 percent of GDP [+]
Government Debt 30111.40 29175.00 30111.40 9234.80 BGN Million [+]
Credit Rating 61.00 [+]
Military Expenditure 1210.00 2159.00 3994.00 644.00 USD Million [+]
Government Revenues 3451.01 4720.48 4720.48 1274.30 BGN Million [+]
Government Spending 2156.48 2808.72 2808.72 1066.44 BGN Million [+]
Fiscal Expenditure 3768.65 4103.67 6978.87 1371.42 BGN Million [+]
Asylum Applications 270.00 230.00 3530.00 25.00 persons [+]