Military Expenditure in the United Kingdom increased to 49916 USD Million in 2019 from 49892 USD Million in 2018. source: SIPRI
Military Expenditure in the United Kingdom averaged 47889.37 USD Million from 1950 until 2019, reaching an all time high of 59766 USD Million in 2009 and a record low of 28272 USD Million in 1950. United Kingdom Military Expenditure - values, historical data and charts - was last updated on May of 2021.
Military Expenditure in the United Kingdom is expected to reach 49046.27 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Military Expenditure is projected to trend around 49396.31 USD Million in 2022 and 49775.53 USD Million in 2023, according to our econometric models.