Military Expenditure in Austria increased to 3140 USD Million in 2018 from 3138 USD Million in 2017.
Military Expenditure in Austria averaged 2650.81 USD Million from 1957 until 2018, reaching an all time high of 3488 USD Million in 1986 and a record low of 1178 USD Million in 1957. Austria Military Expenditure - values, historical data and charts - was last updated on August of 2020. source: SIPRI
Military Expenditure in Austria is expected to reach 2814.39 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Military Expenditure is projected to trend around 2848.65 USD Million in 2021 and 2847.69 USD Million in 2022, according to our econometric models.