Military Expenditure in Albania increased to 160 USD Million in 2018 from 144 USD Million in 2017.
Military Expenditure in Albania averaged 144.14 USD Million from 1989 until 2018, reaching an all time high of 254 USD Million in 1990 and a record low of 66.30 USD Million in 1998. Albania Military Expenditure - values, historical data and charts - was last updated on October of 2020. source: SIPRI
Military Expenditure in Albania is expected to reach 159.59 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania Military Expenditure is projected to trend around 157.42 USD Million in 2021 and 159.27 USD Million in 2022, according to our econometric models.