Military Expenditure in Macedonia decreased to 109 USD Million in 2018 from 112 USD Million in 2017.

Military Expenditure in Macedonia averaged 136.48 USD Million from 1996 until 2018, reaching an all time high of 370 USD Million in 2001 and a record low of 102 USD Million in 1999. Macedonia Military Expenditure - values, historical data and charts - was last updated on August of 2020. source: SIPRI

Military Expenditure in Macedonia is expected to reach 133.95 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Military Expenditure is projected to trend around 134.95 USD Million in 2021 and 135.36 USD Million in 2022, according to our econometric models.

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Macedonia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
109.00 112.00 370.00 102.00 1996 - 2018 USD Million Yearly
constant 2017 prices

Macedonia Government Last Previous Highest Lowest Unit
Government Debt to GDP 40.70 39.50 57.20 20.50 percent [+]
Government Budget -1.80 -2.70 2.40 -13.40 percent of GDP [+]
Government Budget Value -6766.00 -4716.00 4291.00 -11373.00 MKD Million [+]
Government Spending 26898.00 28133.00 28133.00 11939.00 MKD Million [+]
Government Revenues 12661.00 14241.00 20711.00 6756.00 MKD Million [+]
Government Debt 4344.40 4302.30 4344.40 1387.00 EUR Million [+]
Fiscal Expenditure 19427.00 18957.00 26878.00 6855.00 MKD Million [+]
Military Expenditure 109.00 112.00 370.00 102.00 USD Million [+]
Credit Rating 45.00 [+]