Military Expenditure in Brazil decreased to 28030 USD Million in 2019 from 28177 USD Million in 2018. source: SIPRI
Military Expenditure in Brazil averaged 12401.27 USD Million from 1957 until 2019, reaching an all time high of 28177 USD Million in 2018 and a record low of 1756 USD Million in 1964. Brazil Military Expenditure - values, historical data and charts - was last updated on May of 2021.
Military Expenditure in Brazil is expected to reach 29500.00 USD Million by the end of 2021, 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 2022, according to our econometric models.