Military Expenditure in Malawi increased to 62.80 USD Million in 2019 from 58.40 USD Million in 2018. source: SIPRI

Military Expenditure in Malawi averaged 26.21 USD Million from 1968 until 2019, reaching an all time high of 72.20 USD Million in 2013 and a record low of 6.70 USD Million in 1969. Malawi Military Expenditure - values, historical data and charts - was last updated on April of 2021.

Military Expenditure in Malawi is expected to reach 60.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malawi Military Expenditure is projected to trend around 60.00 USD Million in 2022, according to our econometric models.

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Malawi Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
62.80 58.40 72.20 6.70 1968 - 2019 USD Million Yearly
constant 2018 prices

Malawi Government Last Previous Highest Lowest Unit
Government Debt to GDP 62.00 62.70 119.70 15.30 percent [+]
Government Budget -4.00 -4.50 0.10 -7.90 percent of GDP [+]
Government Spending 147297.00 139966.40 147297.00 63964.94 MWK Million [+]
Fiscal Expenditure 231.90 179.40 231.90 28.84 MWK Billion [+]
Military Expenditure 62.80 58.40 72.20 6.70 USD Million [+]
Government Revenues 149.70 93.70 149.70 29.14 MWK Billion [+]
Government Budget Value -6.50 -35.30 56.50 -62.90 MWK Billion [+]
Credit Rating 15.00 [+]