Military Expenditure in Gambia decreased to 11.30 USD Million in 2018 from 14.90 USD Million in 2015. source: SIPRI

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. Gambia Military Expenditure - values, historical data and charts - was last updated on February of 2021.

Military Expenditure in Gambia is expected to reach 15.00 USD Million by the end of 2020, 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 2021, 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 80.00 81.80 117.40 35.10 percent [+]
Government Budget -4.10 -6.60 0.10 -8.10 percent of GDP [+]
Military Expenditure 11.30 14.90 16.40 0.70 USD Million [+]
Credit Rating 15.00 [+]
Government Budget Value -251.50 -1200.40 95.19 -2930.10 Dalasi Million [+]
Government Revenues 5011.20 4118.80 5018.40 571.00 Dalasi Million [+]
Fiscal Expenditure 6471.96 7518.68 7518.68 893.96 Dalasi Million [+]