Military Expenditure in Laos increased to 23.30 USD Million in 2013 from 22.70 USD Million in 2012. source: SIPRI
Military Expenditure in Laos averaged 80.62 USD Million from 1992 until 2013, reaching an all time high of 250.80 USD Million in 1994 and a record low of 19.70 USD Million in 2009. Laos Military Expenditure - values, historical data and charts - was last updated on November of 2020.
Military Expenditure in Laos is expected to reach 28.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Laos Military Expenditure is projected to trend around 28.00 USD Million in 2021, according to our econometric models.