Military Expenditure in Peru decreased to 2720 USD Million in 2020 from 2767 USD Million in 2019. source: SIPRI
Military Expenditure in Peru averaged 2967.36 USD Million from 1949 until 2020, reaching an all time high of 10265 USD Million in 1977 and a record low of 807 USD Million in 1949. Peru Military Expenditure - values, historical data and charts - was last updated on August of 2022.
Military Expenditure in Peru is expected to reach 2690.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Peru Military Expenditure is projected to trend around 2690.00 USD Million in 2022, according to our econometric models.