Military Expenditure in Zambia increased to 386 USD Million in 2018 from 340 USD Million in 2017.

Military Expenditure in Zambia averaged 270.40 USD Million from 1984 until 2018, reaching an all time high of 436 USD Million in 1986 and a record low of 91 USD Million in 1996. Zambia Military Expenditure - values, historical data and charts - was last updated on August of 2020. source: SIPRI

Military Expenditure in Zambia is expected to reach 400.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zambia Military Expenditure is projected to trend around 415.00 USD Million in 2021, according to our econometric models.

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Zambia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
386.00 340.00 436.00 91.00 1984 - 2018 USD Million Yearly
constant 2016 prices

Zambia Government Last Previous Highest Lowest Unit
Government Debt to GDP 59.00 55.60 277.53 28.80 percent [+]
Government Budget -7.30 -7.60 18.30 -10.50 percent of GDP [+]
Military Expenditure 386.00 340.00 436.00 91.00 USD Million [+]
Government Debt 10047.80 8915.50 10047.80 1106.50 USD Million [+]
Credit Rating 33.75 [+]