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.

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United Kingdom Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
49916.00 49892.00 59766.00 28272.00 1950 - 2019 USD Million Yearly
constant 2018 prices

United Kingdom Government Last Previous Highest Lowest Unit
Government Debt to GDP 100.20 84.40 100.20 21.70 percent [+]
Government Budget -16.90 -2.60 4.80 -16.90 percent of GDP [+]
Government Budget Value -28005.00 -16046.00 11791.00 -47276.00 GBP Million [+]
Government Spending 104020.00 97527.00 104646.00 33126.00 GBP Million [+]
Government Spending to GDP 54.40 39.80 54.40 34.50 percent [+]
Government Debt 2141.70 2131.20 2141.70 52.10 GBP Billion [+]
Asylum Applications 3160.00 2790.00 5170.00 1175.00 persons [+]
Government Revenues 65089.00 65821.00 82617.00 17491.00 GBP Million [+]
Credit Rating 90.00 [+]
Military Expenditure 49916.00 49892.00 59766.00 28272.00 USD Million [+]