Military Expenditure in Malaysia increased to 3830.20 USD Million in 2021 from 3374.60 USD Million in 2020. source: SIPRI
Military Expenditure in Malaysia averaged 1762.94 USD Million from 1957 until 2021, reaching an all time high of 4919.20 USD Million in 2014 and a record low of 42.50 USD Million in 1961. Malaysia Military Expenditure - values, historical data and charts - was last updated on March of 2023.
Military Expenditure in Malaysia is expected to reach 3050.00 USD Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Military Expenditure is projected to trend around 3870.00 USD Million in 2023, according to our econometric models.