Military Expenditure in Nepal decreased to 425 USD Million in 2020 from 429 USD Million in 2019. source: SIPRI

Military Expenditure in Nepal averaged 162.44 USD Million from 1970 until 2020, reaching an all time high of 451 USD Million in 2017 and a record low of 20.50 USD Million in 1970. Nepal Military Expenditure - values, historical data and charts - was last updated on July 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.

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Nepal Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
425.00 429.00 451.00 20.50 1970 - 2020 USD Million Yearly
Constant 2019 prices

Nepal Government Last Previous Highest Lowest Unit
Government Debt to GDP 30.20 30.40 69.50 25.30 percent of GDP [+]
Government Budget -5.40 -10.10 -0.90 -10.10 percent of GDP [+]
Military Expenditure 425.00 429.00 451.00 20.50 USD Million [+]
Government Spending 114598.00 113200.00 114598.00 35785.00 NPR Million [+]
Credit Rating 15.00 [+]