Military Expenditure in Congo increased to 341 USD Million in 2019 from 295 USD Million in 2018. source: SIPRI
Military Expenditure in Congo averaged 149.73 USD Million from 1963 until 2019, reaching an all time high of 508 USD Million in 2015 and a record low of 21.60 USD Million in 1998. Congo Military Expenditure - values, historical data and charts - was last updated on May 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.