Military Expenditure in Namibia increased to 417 USD Million in 2020 from 414 USD Million in 2019. source: SIPRI

Military Expenditure in Namibia averaged 256.17 USD Million from 1991 until 2020, reaching an all time high of 561 USD Million in 2015 and a record low of 75 USD Million in 1994. Namibia Military Expenditure - values, historical data and charts - was last updated on July of 2021.

Military Expenditure in Namibia is expected to reach 430.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Military Expenditure is projected to trend around 470.00 USD Million in 2022 and 500.00 USD Million in 2023, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Namibia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
417.00 414.00 561.00 75.00 1991 - 2020 USD Million Yearly
Constant 2019 prices

Namibia Government Last Previous Highest Lowest Unit
Government Debt to GDP 69.60 54.80 69.60 14.22 percent of GDP [+]
Government Budget -9.50 -5.00 5.10 -9.50 percent of GDP [+]
Government Spending 39311.00 39922.00 40186.00 6120.00 NAD Million [+]
Government Debt 111507.00 99806.00 111507.00 11655.30 NAD Million [+]
Military Expenditure 417.00 414.00 561.00 75.00 USD Million [+]
Credit Rating 45.00 [+]