Military Expenditure in Saudi Arabia decreased to 55564.30 USD Million in 2021 from 64558.40 USD Million in 2020. source: SIPRI

Military Expenditure in Saudi Arabia averaged 23909.22 USD Million from 1958 until 2021, reaching an all time high of 87185.90 USD Million in 2015 and a record low of 71.20 USD Million in 1958. Saudi Arabia Military Expenditure - values, historical data and charts - was last updated on February of 2023.

Military Expenditure in Saudi Arabia is expected to reach 71350.00 USD Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Military Expenditure is projected to trend around 71350.00 USD Million in 2023, according to our econometric models.

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Saudi Arabia Military Expenditure

Related Last Previous Unit Reference
Military Expenditure 55564.30 64558.40 USD Million Dec 2021