Military Expenditure in Switzerland increased to 5428 USD Million in 2020 from 5114 USD Million in 2019. source: SIPRI
Military Expenditure in Switzerland averaged 5429.05 USD Million from 1957 until 2020, reaching an all time high of 7455 USD Million in 1990 and a record low of 3646 USD Million in 1960. Switzerland Military Expenditure - values, historical data and charts - was last updated on July of 2021.
Military Expenditure in Switzerland is expected to reach 4578.44 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Military Expenditure is projected to trend around 4717.78 USD Million in 2022 and 4713.51 USD Million in 2023, according to our econometric models.