Military Expenditure in Morocco increased to 3465 USD Million in 2018 from 3461 USD Million in 2017. source: SIPRI

Military Expenditure in Morocco averaged 1588.49 USD Million from 1956 until 2018, reaching an all time high of 3651 USD Million in 2013 and a record low of 104 USD Million in 1956. Morocco Military Expenditure - values, historical data and charts - was last updated on October of 2020.

Military Expenditure in Morocco is expected to reach 3420.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Morocco Military Expenditure is projected to trend around 3450.00 USD Million in 2021 and 3470.00 USD Million in 2022, according to our econometric models.

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Morocco Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
3465.00 3461.00 3651.00 104.00 1956 - 2018 USD Million Yearly
constant 2017 prices

Morocco Government Last Previous Highest Lowest Unit
Government Debt to GDP 66.10 65.20 117.71 21.66 percent [+]
Government Budget -3.60 -3.70 3.60 -7.20 percent of GDP [+]
Government Spending 222967.00 210014.00 222967.00 400.00 MAD Million [+]
Credit Rating 53.00 [+]
Military Expenditure 3465.00 3461.00 3651.00 104.00 USD Million [+]