Military Expenditure in Algeria decreased to 9459 USD Million in 2018 from 10073 USD Million in 2017. source: SIPRI
Military Expenditure in Algeria averaged 2838.20 USD Million from 1969 until 2018, reaching an all time high of 10637 USD Million in 2016 and a record low of 217 USD Million in 1972. Algeria Military Expenditure - values, historical data and charts - was last updated on November of 2020.
Military Expenditure in Algeria is expected to reach 9989.76 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Algeria Military Expenditure is projected to trend around 9888.57 USD Million in 2021 and 9909.73 USD Million in 2022, according to our econometric models.