Military Expenditure in Belgium increased to 6311.50 USD Million in 2021 from 5442.80 USD Million in 2020. source: SIPRI
Military Expenditure in Belgium averaged 2811.22 USD Million from 1949 until 2021, reaching an all time high of 6311.50 USD Million in 2021 and a record low of 165.20 USD Million in 1950. Belgium Military Expenditure - values, historical data and charts - was last updated on October of 2022.
Military Expenditure in Belgium is expected to reach 4222.37 USD Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Military Expenditure is projected to trend around 4216.08 USD Million in 2023 and 4219.85 USD Million in 2024, according to our econometric models.