Military Expenditure in Nepal decreased to 397 USD Million in 2018 from 405 USD Million in 2017.

Military Expenditure in Nepal averaged 144.98 USD Million from 1970 until 2018, reaching an all time high of 405 USD Million in 2017 and a record low of 19.80 USD Million in 1970. Nepal Military Expenditure - values, historical data and charts - was last updated on October of 2020. source: SIPRI

Military Expenditure in Nepal is expected to reach 393.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nepal Military Expenditure is projected to trend around 393.00 USD Million in 2021, according to our econometric models.

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Nepal Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
397.00 405.00 405.00 19.80 1970 - 2018 USD Million Yearly
constant 2017 prices

Nepal Government Last Previous Highest Lowest Unit
Government Debt to GDP 30.20 30.40 69.50 25.30 percent [+]
Government Budget -5.40 -10.10 -0.90 -10.10 percent of GDP [+]
Military Expenditure 397.00 405.00 405.00 19.80 USD Million [+]
Government Spending 114598.00 113200.00 114598.00 35785.00 NPR Million [+]
Credit Rating 15.00 [+]