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 October of 2022.
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.