Military Expenditure in Nepal decreased to 420 USD Million in 2019 from 429 USD Million in 2018. source: SIPRI
Military Expenditure in Nepal averaged 152.53 USD Million from 1970 until 2019, reaching an all time high of 438 USD Million in 2017 and a record low of 19.90 USD Million in 1970. Nepal Military Expenditure - values, historical data and charts - was last updated on May of 2021.
Military Expenditure in Nepal is expected to reach 393.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nepal Military Expenditure is projected to trend around 393.00 USD Million in 2022, according to our econometric models.