Military Expenditure in Macedonia increased to 154 USD Million in 2020 from 146 USD Million in 2019. source: SIPRI

Military Expenditure in Macedonia averaged 140.08 USD Million from 1996 until 2020, reaching an all time high of 378 USD Million in 2001 and a record low of 103 USD Million in 2017. Macedonia Military Expenditure - values, historical data and charts - was last updated on June of 2021.

Military Expenditure in Macedonia is expected to reach 133.15 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Military Expenditure is projected to trend around 134.95 USD Million in 2022 and 135.36 USD Million in 2023, according to our econometric models.

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Macedonia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
154.00 146.00 378.00 103.00 1996 - 2020 USD Million Yearly
Constant 2019 prices

Macedonia Government Last Previous Highest Lowest Unit
Government Debt to GDP 40.70 40.40 57.20 20.50 percent of GDP [+]
Government Budget -2.00 -1.70 2.40 -13.40 percent of GDP [+]
Government Budget Value 35.00 -1396.00 4291.00 -13809.00 MKD Million [+]
Government Spending 27247.00 28968.00 28968.00 11939.00 MKD Million [+]
Government Revenues 19294.00 17305.00 20711.00 6756.00 MKD Million [+]
Government Debt 5516.00 5573.10 5573.10 1387.00 EUR Million [+]
Fiscal Expenditure 19259.00 18701.00 33465.00 6855.00 MKD Million [+]
Credit Rating 45.00 [+]
Military Expenditure 154.00 146.00 378.00 103.00 USD Million [+]