Military Expenditure in the United Kingdom increased to 58485 USD Million in 2020 from 56856 USD Million in 2019. source: SIPRI
Military Expenditure in the United Kingdom averaged 52161.21 USD Million from 1950 until 2020, reaching an all time high of 64257 USD Million in 2009 and a record low of 30751 USD Million in 1950. United Kingdom Military Expenditure - values, historical data and charts - was last updated on August of 2022.
Military Expenditure in the United Kingdom is expected to reach 49046.27 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Military Expenditure is projected to trend around 49396.31 USD Million in 2022 and 49775.53 USD Million in 2023, according to our econometric models.