Military Expenditure in Colombia increased to 10303 USD Million in 2018 from 10018 USD Million in 2017.
Military Expenditure in Colombia averaged 3567.31 USD Million from 1958 until 2018, reaching an all time high of 10303 USD Million in 2018 and a record low of 358 USD Million in 1959. Colombia Military Expenditure - values, historical data and charts - was last updated on July of 2020. source: SIPRI
Military Expenditure in Colombia is expected to reach 10100.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Military Expenditure is projected to trend around 9900.00 USD Million in 2021, according to our econometric models.