Military Expenditure in Japan increased to 48160 USD Million in 2020 from 47609 USD Million in 2019. source: SIPRI
Military Expenditure in Japan averaged 31555.99 USD Million from 1952 until 2020, reaching an all time high of 48160 USD Million in 2020 and a record low of 8067 USD Million in 1952. Japan Military Expenditure - values, historical data and charts - was last updated on June of 2021.
Military Expenditure in Japan is expected to reach 47142.91 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Military Expenditure is projected to trend around 47142.91 USD Million in 2022 and 47182.76 USD Million in 2023, according to our econometric models.