Military Expenditure in Liberia decreased to 13 USD Million in 2018 from 15.30 USD Million in 2017.

Military Expenditure in Liberia averaged 12.17 USD Million from 2004 until 2018, reaching an all time high of 17.50 USD Million in 2012 and a record low of 5.20 USD Million in 2007. Liberia Military Expenditure - values, historical data and charts - was last updated on June of 2020. source: SIPRI

Military Expenditure in Liberia is expected to reach 13.50 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Liberia Military Expenditure is projected to trend around 15.60 USD Million in 2021, according to our econometric models.

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Liberia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
13.00 15.30 17.50 5.20 2004 - 2018 USD Million Yearly
constant 2016 prices

Liberia Government Last Previous Highest Lowest Unit
Government Debt to GDP 32.00 28.80 720.73 17.80 percent [+]
Government Budget -3.90 -7.90 3.80 -9.40 percent of GDP [+]
Military Expenditure 13.00 15.30 17.50 5.20 USD Million [+]
Credit Rating 15.00 [+]