Military Expenditure in Liberia decreased to 13.60 USD Million in 2019 from 13.70 USD Million in 2018. source: SIPRI

Military Expenditure in Liberia averaged 21.29 USD Million from 2004 until 2019, reaching an all time high of 33.60 USD Million in 2012 and a record low of 11.10 USD Million in 2007. Liberia Military Expenditure - values, historical data and charts - was last updated on May of 2021.

Military Expenditure in Liberia is expected to reach 15.60 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Liberia Military Expenditure is projected to trend around 15.60 USD Million in 2022, according to our econometric models.

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Liberia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
13.60 13.70 33.60 11.10 2004 - 2019 USD Million Yearly
constant 2018 prices

Liberia Government Last Previous Highest Lowest Unit
Government Debt to GDP 39.60 31.90 720.73 17.80 percent [+]
Government Budget -4.50 -5.40 3.80 -8.40 percent of GDP [+]
Military Expenditure 13.60 13.70 33.60 11.10 USD Million [+]
Credit Rating 15.00 [+]