Military Expenditure in Sri Lanka increased to 1563.10 USD Million in 2021 from 1529.40 USD Million in 2020. source: SIPRI
Military Expenditure in Sri Lanka averaged 509.92 USD Million from 1951 until 2021, reaching an all time high of 2057.90 USD Million in 2015 and a record low of 2.50 USD Million in 1951. Sri Lanka Military Expenditure - values, historical data and charts - was last updated on January of 2023.
Military Expenditure in Sri Lanka is expected to reach 1800.00 USD Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Military Expenditure is projected to trend around 1800.00 USD Million in 2023, according to our econometric models.