Military Expenditure in Austria increased to 3494 USD Million in 2020 from 3238 USD Million in 2019. source: SIPRI
Military Expenditure in Austria averaged 2759.06 USD Million from 1957 until 2020, reaching an all time high of 3605 USD Million in 1986 and a record low of 1217 USD Million in 1957. Austria Military Expenditure - values, historical data and charts - was last updated on October of 2021.
Military Expenditure in Austria is expected to reach 2817.39 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Military Expenditure is projected to trend around 2848.65 USD Million in 2022 and 2847.69 USD Million in 2023, according to our econometric models.