Military Expenditure in Nepal increased to 445.20 USD Million in 2021 from 435.50 USD Million in 2020. source: SIPRI
Military Expenditure in Nepal averaged 122.55 USD Million from 1970 until 2021, reaching an all time high of 445.20 USD Million in 2021 and a record low of 5.20 USD Million in 1970. Nepal Military Expenditure - values, historical data and charts - was last updated on February of 2023.
Military Expenditure in Nepal is expected to reach 393.00 USD Million by the end of 2022, 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 2023, according to our econometric models.