Military Expenditure in Lebanon decreased to 1036 USD Million in 2020 from 2521 USD Million in 2019. source: SIPRI

Military Expenditure in Lebanon averaged 1753.08 USD Million from 1980 until 2020, reaching an all time high of 2938 USD Million in 2016 and a record low of 290 USD Million in 1988. Lebanon Military Expenditure - values, historical data and charts - was last updated on July of 2021.

Military Expenditure in Lebanon is expected to reach 2406.20 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lebanon Military Expenditure is projected to trend around 2317.72 USD Million in 2022 and 2438.89 USD Million in 2023, according to our econometric models.

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Lebanon Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
1036.00 2521.00 2938.00 290.00 1980 - 2020 USD Million Yearly
Constant 2019 prices

Lebanon Government Last Previous Highest Lowest Unit
Government Debt to GDP 171.70 174.50 183.00 131.00 percent of GDP [+]
Government Budget -16.50 -10.50 -5.92 -16.50 percent of GDP [+]
Government Budget Value -130759.00 97617.00 829967.00 -1662466.00 LBP Million [+]
Government Spending 14618.83 13792.71 14618.83 1671.52 LBP Billion [+]
Government Revenues 1646451.00 1358888.00 2658114.00 174236.00 LBP Million [+]
Fiscal Expenditure 1777210.00 1261271.00 2797788.00 239680.00 LBP Million [+]
Military Expenditure 1036.00 2521.00 2938.00 290.00 USD Million [+]
Government Debt 130784.00 130712.00 130784.00 4974.10 LBP Billion [+]
Credit Rating 11.00 [+]