Military Expenditure in Gambia decreased to 11.30 USD Million in 2018 from 14.90 USD Million in 2015. Military Expenditure in Gambia averaged 4.45 USD Million from 1983 until 2018, reaching an all time high of 16.40 USD Million in 2014 and a record low of 0.70 USD Million in 1983. source: SIPRI

Military Expenditure in Gambia is expected to be 13.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Gambia Military Expenditure is projected to trend around 12.00 USD Million in 2020, according to our econometric models.

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Gambia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
11.30 14.90 16.40 0.70 1983 - 2018 USD Million Yearly
constant 2016 prices

Gambia Government Last Previous Highest Lowest Unit
Government Debt to GDP 65.60 60.30 117.40 35.10 percent [+]
Government Budget -3.90 -7.90 0.10 -8.10 percent of GDP [+]
Military Expenditure 11.30 14.90 16.40 0.70 USD Million [+]
Credit Rating 15.00 [+]
Fiscal Expenditure 4349.95 4446.41 5525.46 893.96 Dalasi Million [+]
Government Budget Value -491.49 297.07 297.07 -2929.01 Dalasi Million [+]
Government Revenues 3858.50 4743.50 4743.50 571.00 Dalasi Million [+]