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.