Military Expenditure in Chile increased to 6230.40 USD Million in 2021 from 5286.20 USD Million in 2020. source: SIPRI
Military Expenditure in Chile averaged 1880.98 USD Million from 1950 until 2021, reaching an all time high of 6230.40 USD Million in 2021 and a record low of 87.50 USD Million in 1950. Chile Military Expenditure - values, historical data and charts - was last updated on November of 2022.
Military Expenditure in Chile is expected to reach 5300.00 USD Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Military Expenditure is projected to trend around 5400.00 USD Million in 2023, according to our econometric models.