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.

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Bulgaria Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
2187.00 961.00 4083.00 659.00 1989 - 2019 USD Million Yearly
constant 2018 prices

Bulgaria Government Last Previous Highest Lowest Unit
Government Debt to GDP 23.50 23.20 77.60 13.20 percent [+]
Government Budget -3.40 2.10 2.10 -5.40 percent of GDP [+]
Government Budget Value -718.07 -576.57 3959.03 -3580.62 BGN Million [+]
Government Spending to GDP 36.30 34.80 43.20 30.60 percent [+]
Government Debt 29208.30 28935.20 29208.30 9234.80 BGN Million [+]
Asylum Applications 405.00 250.00 3530.00 25.00 persons [+]
Government Revenues 3564.52 3226.38 4305.69 1274.30 BGN Million [+]
Government Spending 2808.72 2061.71 2808.72 1066.44 BGN Million [+]
Fiscal Expenditure 4339.47 3763.00 6978.87 1371.42 BGN Million [+]
Credit Rating 61.00 [+]
Military Expenditure 2187.00 961.00 4083.00 659.00 USD Million [+]