Military Expenditure in Myanmar decreased to 2107.80 USD Million in 2021 from 2498.20 USD Million in 2020. source: SIPRI
Military Expenditure in Myanmar averaged 2751.65 USD Million from 1951 until 2021, reaching an all time high of 32954.30 USD Million in 2005 and a record low of 32.10 USD Million in 1951. Myanmar Military Expenditure - values, historical data and charts - was last updated on December of 2022.
Military Expenditure in Myanmar is expected to reach 3100.00 USD Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Myanmar Military Expenditure is projected to trend around 3100.00 USD Million in 2023, according to our econometric models.