Military Expenditure in Myanmar increased to 3141 USD Million in 2020 from 2225 USD Million in 2019. source: SIPRI
Military Expenditure in Myanmar averaged 826.30 USD Million from 1951 until 2020, reaching an all time high of 3817 USD Million in 2015 and a record low of 159 USD Million in 1951. Myanmar Military Expenditure - values, historical data and charts - was last updated on June of 2022.
Military Expenditure in Myanmar is expected to reach 3100.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Myanmar Military Expenditure is projected to trend around 3100.00 USD Million in 2022, according to our econometric models.