Military Expenditure in Ecuador decreased to 2459 USD Million in 2019 from 2549 USD Million in 2018. source: SIPRI

Military Expenditure in Ecuador averaged 1224.22 USD Million from 1957 until 2019, reaching an all time high of 3003 USD Million in 2013 and a record low of 221 USD Million in 1959. Ecuador Military Expenditure - values, historical data and charts - was last updated on May of 2021.

Military Expenditure in Ecuador is expected to reach 2500.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ecuador Military Expenditure is projected to trend around 2300.00 USD Million in 2022 and 2400.00 USD Million in 2023, according to our econometric models.

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Ecuador Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
2459.00 2549.00 3003.00 221.00 1957 - 2019 USD Million Yearly
constant 2018 prices

Ecuador Government Last Previous Highest Lowest Unit
Government Debt to GDP 68.90 51.80 85.50 16.40 percent [+]
Government Budget -8.90 -3.20 3.27 -10.94 percent of GDP [+]
Government Budget Value -2215.02 -388.77 1588.25 -2215.02 USD Million [+]
Government Spending 2538849.00 2518979.00 2844942.00 368888.00 USD THO [+]
Government Revenues 1322.27 1215.60 3706.77 183.80 USD Million [+]
Fiscal Expenditure 3537.29 1604.36 3819.10 140.70 USD Million [+]
Credit Rating 20.00 [+]
Military Expenditure 2459.00 2549.00 3003.00 221.00 USD Million [+]