Military Expenditure in Singapore increased to 10122 USD Million in 2017 from 9881.50 USD Million in 2016. Military Expenditure in Singapore averaged 5054.09 USD Million from 1970 until 2017, reaching an all time high of 10122 USD Million in 2017 and a record low of 841.10 USD Million in 1970.
Military Expenditure in Singapore is expected to be 10300.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Military Expenditure is projected to trend around 10570.00 USD Million in 2020, according to our econometric models.