Military Expenditure in Myanmar decreased to 3155 USD Million in 2018 from 3464 USD Million in 2017. source: SIPRI
Military Expenditure in Myanmar averaged 779.40 USD Million from 1951 until 2018, reaching an all time high of 3818 USD Million in 2015 and a record low of 159 USD Million in 1951. Myanmar Military Expenditure - values, historical data and charts - was last updated on November of 2020.
Military Expenditure in Myanmar is expected to reach 3000.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Myanmar Military Expenditure is projected to trend around 3100.00 USD Million in 2021, according to our econometric models.