Military Expenditure in Guatemala increased to 338 USD Million in 2019 from 273 USD Million in 2018. source: SIPRI

Military Expenditure in Guatemala averaged 328.44 USD Million from 1955 until 2019, reaching an all time high of 663 USD Million in 1984 and a record low of 110.50 USD Million in 1955. Guatemala Military Expenditure - values, historical data and charts - was last updated on May of 2021.

Military Expenditure in Guatemala is expected to reach 250.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guatemala Military Expenditure is projected to trend around 280.00 USD Million in 2022 and 290.00 USD Million in 2023, according to our econometric models.

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Guatemala Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
338.00 273.00 663.00 110.50 1955 - 2019 USD Million Yearly
constant 2018 prices

Guatemala Government Last Previous Highest Lowest Unit
Government Debt to GDP 27.88 26.04 50.45 20.04 percent [+]
Government Budget -2.30 -1.80 0.24 -3.30 percent of GDP [+]
Government Budget Value 348.10 -527.70 1704.90 -6931.70 GTQ Million [+]
Government Spending 55259.20 52932.50 55259.20 13587.00 GTQ Million [+]
Government Revenues 6350.90 5018.00 7882.30 451.00 GTQ Million [+]
Fiscal Expenditure 6002.80 5545.70 12499.80 228.60 GTQ Million [+]
Military Expenditure 338.00 273.00 663.00 110.50 USD Million [+]
Credit Rating 43.00 [+]