Military Expenditure in Azerbaijan increased to 2703.20 USD Million in 2021 from 2237.80 USD Million in 2020. source: SIPRI

Military Expenditure in Azerbaijan averaged 1177.56 USD Million from 1992 until 2021, reaching an all time high of 3427.20 USD Million in 2014 and a record low of 11.10 USD Million in 1992. Azerbaijan Military Expenditure - values, historical data and charts - was last updated on March of 2023.

Military Expenditure in Azerbaijan is expected to reach 2300.00 USD Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Military Expenditure is projected to trend around 2500.00 USD Million in 2023 and 2800.00 USD Million in 2024, according to our econometric models.

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Azerbaijan Military Expenditure

Related Last Previous Unit Reference
Military Expenditure 2703.20 2237.80 USD Million Dec 2021