Military Expenditure in Georgia decreased to 304 USD Million in 2020 from 311 USD Million in 2019. source: SIPRI
Military Expenditure in Georgia averaged 282.83 USD Million from 1996 until 2020, reaching an all time high of 885 USD Million in 2007 and a record low of 32.10 USD Million in 2000. Georgia Military Expenditure - values, historical data and charts - was last updated on September of 2021.
Military Expenditure in Georgia is expected to reach 333.30 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia Military Expenditure is projected to trend around 333.30 USD Million in 2022, according to our econometric models.