Military Expenditure in Sri Lanka decreased to 1560 USD Million in 2020 from 1700 USD Million in 2019. source: SIPRI

Military Expenditure in Sri Lanka averaged 630.33 USD Million from 1951 until 2020, reaching an all time high of 1852 USD Million in 2015 and a record low of 7.10 USD Million in 1951. Sri Lanka Military Expenditure - values, historical data and charts - was last updated on July of 2021.

Military Expenditure in Sri Lanka is expected to reach 1800.00 USD Million by the end of 2021, 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 2022, according to our econometric models.

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Sri Lanka Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
1560.00 1700.00 1852.00 7.10 1951 - 2020 USD Million Yearly
Constant 2019 prices

Sri Lanka Government Last Previous Highest Lowest Unit
Government Debt to GDP 86.80 83.70 108.70 16.30 percent of GDP [+]
Government Budget -11.10 -9.60 -5.30 -11.10 percent of GDP [+]
Government Budget Value -1016483.00 -760769.00 -10483.00 -1016483.00 LKR Million [+]
Government Spending 1556489.00 1416988.70 1556489.00 440.00 LKR Million [+]
Military Expenditure 1560.00 1700.00 1852.00 7.10 USD Million [+]
Credit Rating 20.00 [+]
Fiscal Expenditure 3040996.00 2915291.00 3040996.00 19192.00 LKR Million [+]
Government Debt 16053804.00 15117247.00 16053804.00 310779.00 LKR Million [+]
Government Revenues 1373308.00 1898808.00 1932459.00 15642.00 LKR Million [+]