Military Expenditure in Morocco increased to 4794 USD Million in 2020 from 3721 USD Million in 2019. source: SIPRI
Military Expenditure in Morocco averaged 1741.18 USD Million from 1956 until 2020, reaching an all time high of 4794 USD Million in 2020 and a record low of 109 USD Million in 1956. Morocco Military Expenditure - values, historical data and charts - was last updated on June of 2021.
Military Expenditure in Morocco is expected to reach 3450.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Morocco Military Expenditure is projected to trend around 3470.00 USD Million in 2022, according to our econometric models.