Military Expenditure in Angola decreased to 1301 USD Million in 2020 from 1471 USD Million in 2019. source: SIPRI
Military Expenditure in Angola averaged 1965.50 USD Million from 1988 until 2020, reaching an all time high of 4790 USD Million in 2014 and a record low of 127 USD Million in 1992. Angola Military Expenditure - values, historical data and charts - was last updated on June of 2021.
Military Expenditure in Angola is expected to reach 2000.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola Military Expenditure is projected to trend around 1800.00 USD Million in 2022, according to our econometric models.