Military Expenditure in Congo increased to 364 USD Million in 2020 from 353 USD Million in 2019. source: SIPRI
Military Expenditure in Congo averaged 158.75 USD Million from 1963 until 2020, reaching an all time high of 525 USD Million in 2015 and a record low of 22.30 USD Million in 1998. Congo Military Expenditure - values, historical data and charts - was last updated on July of 2021.
Military Expenditure in Congo is expected to reach 403.98 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Congo Military Expenditure is projected to trend around 413.23 USD Million in 2022 and 395.40 USD Million in 2023, according to our econometric models.