Military Expenditure in Colombia increased to 10797 USD Million in 2019 from 10135 USD Million in 2018. source: SIPRI
Military Expenditure in Colombia averaged 3779.15 USD Million from 1958 until 2019, reaching an all time high of 10797 USD Million in 2019 and a record low of 368 USD Million in 1959. Colombia Military Expenditure - values, historical data and charts - was last updated on May of 2021.
Military Expenditure in Colombia is expected to reach 10100.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Military Expenditure is projected to trend around 10300.00 USD Million in 2022 and 10050.00 USD Million in 2023, according to our econometric models.