Military Expenditure in South Africa increased to 3475 USD Million in 2020 from 3436 USD Million in 2019. source: SIPRI
Military Expenditure in South Africa averaged 2646.53 USD Million from 1951 until 2020, reaching an all time high of 5498 USD Million in 1988 and a record low of 225 USD Million in 1954. South Africa Military Expenditure - values, historical data and charts - was last updated on July of 2021.
Military Expenditure in South Africa is expected to reach 3400.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Military Expenditure is projected to trend around 3270.00 USD Million in 2022 and 3000.00 USD Million in 2023, according to our econometric models.