Military Expenditure in Peru decreased to 2360.60 USD Million in 2021 from 2653.60 USD Million in 2020. source: SIPRI
Military Expenditure in Peru averaged 976.99 USD Million from 1949 until 2021, reaching an all time high of 3312.20 USD Million in 2015 and a record low of 23.90 USD Million in 1949. Peru Military Expenditure - values, historical data and charts - was last updated on November of 2022.
Military Expenditure in Peru is expected to reach 2690.00 USD Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Peru Military Expenditure is projected to trend around 2690.00 USD Million in 2023, according to our econometric models.