Military Expenditure in Sri Lanka decreased to 1710 USD Million in 2018 from 1867 USD Million in 2017.

Military Expenditure in Sri Lanka averaged 666.40 USD Million from 1951 until 2018, reaching an all time high of 2054 USD Million in 2015 and a record low of 7.90 USD Million in 1951. Sri Lanka Military Expenditure - values, historical data and charts - was last updated on October of 2020. source: SIPRI

Military Expenditure in Sri Lanka is expected to reach 1700.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Military Expenditure is projected to trend around 1800.00 USD Million in 2021, according to our econometric models.

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Sri Lanka Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
1710.00 1867.00 2054.00 7.90 1951 - 2018 USD Million Yearly
constant 2017 prices

Sri Lanka Government Last Previous Highest Lowest Unit
Government Debt to GDP 86.80 83.70 108.70 16.30 percent [+]
Government Budget -6.80 -5.30 -5.30 -10.20 percent of GDP [+]
Government Budget Value -1016483.00 -760769.00 -10483.00 -1016483.00 LKR Million [+]
Government Spending 1416988.70 1300180.20 1416988.70 440.00 LKR Million [+]
Military Expenditure 1710.00 1867.00 2054.00 7.90 USD Million [+]
Credit Rating 28.00 [+]
Fiscal Expenditure 2915291.00 2693228.00 2915291.00 19192.00 LKR Million [+]
Government Debt 12874786.00 12599843.00 12874786.00 310779.00 LKR Million [+]
Government Revenues 1898808.00 1932459.00 1932459.00 15642.00 LKR Million [+]