Military Expenditure in Ecuador decreased to 2244 USD Million in 2020 from 2400 USD Million in 2019. source: SIPRI

Military Expenditure in Ecuador averaged 1242.33 USD Million from 1957 until 2020, reaching an all time high of 3011 USD Million in 2013 and a record low of 222 USD Million in 1959. Ecuador Military Expenditure - values, historical data and charts - was last updated on June of 2021.

Military Expenditure in Ecuador is expected to reach 2500.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ecuador Military Expenditure is projected to trend around 2300.00 USD Million in 2022 and 2400.00 USD Million in 2023, according to our econometric models.

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Ecuador Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
2244.00 2400.00 3011.00 222.00 1957 - 2020 USD Million Yearly
Constant 2019 prices

Ecuador Government Last Previous Highest Lowest Unit
Government Debt to GDP 68.90 51.80 85.50 16.40 percent of GDP [+]
Government Budget -8.90 -3.20 3.27 -10.94 percent of GDP [+]
Government Budget Value 780.84 -577.43 1588.25 -2215.02 USD Million [+]
Government Spending 2538849.00 2518979.00 2844942.00 368888.00 USD THO [+]
Government Revenues 2291.69 1618.34 3706.77 0.00 USD Million [+]
Fiscal Expenditure 1510.85 2195.77 3819.10 140.70 USD Million [+]
Credit Rating 20.00 [+]
Military Expenditure 2244.00 2400.00 3011.00 222.00 USD Million [+]