Military Expenditure in Algeria decreased to 9958 USD Million in 2020 from 10304 USD Million in 2019. source: SIPRI

Military Expenditure in Algeria averaged 3091.33 USD Million from 1969 until 2020, reaching an all time high of 10515 USD Million in 2016 and a record low of 214 USD Million in 1972. Algeria Military Expenditure - values, historical data and charts - was last updated on June of 2021.

Military Expenditure in Algeria is expected to reach 9975.45 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Algeria Military Expenditure is projected to trend around 9888.57 USD Million in 2022 and 9909.73 USD Million in 2023, according to our econometric models.

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Algeria Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
9958.00 10304.00 10515.00 214.00 1969 - 2020 USD Million Yearly
Constant 2019 prices

Algeria Government Last Previous Highest Lowest Unit
Government Debt to GDP 57.20 46.30 116.20 7.60 percent of GDP [+]
Government Budget -11.50 -5.60 14.70 -15.00 percent of GDP [+]
Government Spending 432190.90 527605.30 712707.40 85906.60 DZD Million [+]
Military Expenditure 9958.00 10304.00 10515.00 214.00 USD Million [+]
Credit Rating 15.00 [+]