Military Expenditure in Ecuador increased to 2554 USD Million in 2018 from 2463 USD Million in 2017.

Military Expenditure in Ecuador averaged 1206.97 USD Million from 1957 until 2018, reaching an all time high of 3010 USD Million in 2013 and a record low of 221 USD Million in 1959. Ecuador Military Expenditure - values, historical data and charts - was last updated on August of 2020. source: SIPRI

Military Expenditure in Ecuador is expected to reach 2550.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ecuador Military Expenditure is projected to trend around 2300.00 USD Million in 2021, according to our econometric models.

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Ecuador Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
2554.00 2463.00 3010.00 221.00 1957 - 2018 USD Million Yearly
constant 2016 prices

Ecuador Government Last Previous Highest Lowest Unit
Government Debt to GDP 49.40 45.20 85.50 16.40 percent [+]
Government Budget -3.00 -5.90 3.27 -10.94 percent of GDP [+]
Government Budget Value -521.75 -189.09 1588.25 -1870.94 USD Million [+]
Government Spending 2639153.00 2680558.00 2844942.00 368888.00 USD THO [+]
Government Revenues 988.41 1273.13 3706.77 183.80 USD Million [+]
Fiscal Expenditure 1510.16 1462.21 3819.10 140.70 USD Million [+]
Credit Rating 13.00 [+]
Military Expenditure 2554.00 2463.00 3010.00 221.00 USD Million [+]