Military Expenditure in Lebanon increased to 2606 USD Million in 2018 from 2441 USD Million in 2017. source: SIPRI
Military Expenditure in Lebanon averaged 1601.68 USD Million from 1980 until 2018, reaching an all time high of 2686 USD Million in 2016 and a record low of 265 USD Million in 1988. Lebanon Military Expenditure - values, historical data and charts - was last updated on February of 2021.
Military Expenditure in Lebanon is expected to reach 2394.26 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lebanon Military Expenditure is projected to trend around 2317.72 USD Million in 2021 and 2438.89 USD Million in 2022, according to our econometric models.