Military Expenditure in Namibia increased to 401.90 USD Million in 2021 from 368.20 USD Million in 2020. source: SIPRI

Military Expenditure in Namibia averaged 250.91 USD Million from 1991 until 2021, reaching an all time high of 537.50 USD Million in 2014 and a record low of 57 USD Million in 1994. Namibia Military Expenditure - values, historical data and charts - was last updated on March of 2023.

Military Expenditure in Namibia is expected to reach 470.00 USD Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Military Expenditure is projected to trend around 500.00 USD Million in 2023, according to our econometric models.

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Namibia Military Expenditure

Related Last Previous Unit Reference
Military Expenditure 401.90 368.20 USD Million Dec 2021