Military Expenditure in Armenia increased to 437.45 USD Million in 2017 from 431.40 USD Million in 2016. Military Expenditure in Armenia averaged 250.37 USD Million from 1992 until 2017, reaching an all time high of 439.35 USD Million in 2015 and a record low of 49.66 USD Million in 1993.

Military Expenditure in Armenia is expected to be 442.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Military Expenditure is projected to trend around 451.30 USD Million in 2020, according to our econometric models.

Armenia Military Expenditure
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Armenia Government Last Previous Highest Lowest Unit
Government Debt to GDP 45.50 41.00 46.19 13.50 percent [+]
Government Budget -5.60 -4.80 -0.70 -7.50 percent of GDP [+]
Government Budget Value -8866.80 24004.50 28457.50 -176100.10 AMD Billion [+]
Government Revenues 347513.90 358778.10 362297.30 54380.30 AMD Billion [+]
Government Debt 3245.60 3224.80 3297.80 491.00 AMD Billion [+]
Fiscal Expenditure 356380.70 334773.60 538397.40 58587.20 AMD Million [+]
Military Expenditure 437.45 431.40 439.35 49.66 USD Million [+]
Credit Rating 42.50 [+]
Government Spending 203057.90 171668.80 261802.20 15855.90 AMD Million [+]


Armenia Military Expenditure

Armenia Military Expenditure - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
437.45 431.40 439.35 49.66 1992 - 2017 USD Million Yearly
constant 2016 prices




Country Last Previous
Argentina 5164.97 Dec/17
Australia 26102.32 Dec/17
Brazil 25751.34 Dec/17
Canada 19837.10 Dec/17
China 228173.00 Dec/17
France 56287.40 Dec/17
Germany 43023.00 Dec/17
India 59757.10 Dec/17
Indonesia 7910.80 Dec/17
Italy 28416.60 Dec/17
Japan 46555.98 Dec/17
Mexico 5532.60 Dec/17
Netherlands 9780.20 Dec/17
Russia 55327.20 Dec/17
Saudi Arabia 69521.40 Dec/17
Singapore 10122.00 Dec/17
South Africa 3110.20 Dec/17
South Korea 37559.90 Dec/17
Spain 15686.00 Dec/17
Switzerland 4603.60 Dec/17
Turkey 19579.90 Dec/17
United Kingdom 48383.40 Dec/17
United States 597177.90 Dec/17


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