Military Expenditure in Brazil decreased to 19187.10 USD Million in 2021 from 19591.20 USD Million in 2020. source: SIPRI
Military Expenditure in Brazil averaged 10003.86 USD Million from 1953 until 2021, reaching an all time high of 36936.20 USD Million in 2011 and a record low of 342.30 USD Million in 1961. Brazil Military Expenditure - values, historical data and charts - was last updated on January of 2023.
Military Expenditure in Brazil is expected to reach 29000.00 USD Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Military Expenditure is projected to trend around 29000.00 USD Million in 2023, according to our econometric models.