Military Expenditure in Papua New Guinea decreased to 78.70 USD Million in 2019 from 80 USD Million in 2018. source: SIPRI

Military Expenditure in Papua New Guinea averaged 89.07 USD Million from 1975 until 2019, reaching an all time high of 151 USD Million in 1994 and a record low of 32.40 USD Million in 1975. Papua New Guinea Military Expenditure - values, historical data and charts - was last updated on May of 2021.

Military Expenditure in Papua New Guinea is expected to reach 71.94 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Papua New Guinea Military Expenditure is projected to trend around 66.48 USD Million in 2022 and 65.89 USD Million in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Papua New Guinea Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
78.70 80.00 151.00 32.40 1975 - 2019 USD Million Yearly
constant 2018 prices

Papua New Guinea Government Last Previous Highest Lowest Unit
Government Debt to GDP 48.90 40.00 48.90 16.30 percent [+]
Government Budget -8.10 -5.00 3.10 -8.10 percent of GDP [+]
Military Expenditure 78.70 80.00 151.00 32.40 USD Million [+]
Credit Rating 27.00 [+]