Military Expenditure in Benin decreased to 84 USD Million in 2018 from 116 USD Million in 2017.

Military Expenditure in Benin averaged 44.27 USD Million from 1970 until 2018, reaching an all time high of 116 USD Million in 2017 and a record low of 14 USD Million in 1978. Benin Military Expenditure - values, historical data and charts - was last updated on September of 2020. source: SIPRI

Military Expenditure in Benin is expected to reach 114.64 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Benin Military Expenditure is projected to trend around 114.33 USD Million in 2021 and 126.15 USD Million in 2022, according to our econometric models.

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Benin Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
84.00 116.00 116.00 14.00 1970 - 2018 USD Million Yearly
constant 2017 prices

Benin Government Last Previous Highest Lowest Unit
Government Debt to GDP 21.60 19.30 58.20 10.50 percent [+]
Government Budget -2.50 -4.70 0.20 -6.50 percent of GDP [+]
Military Expenditure 84.00 116.00 116.00 14.00 USD Million [+]
Credit Rating 31.00 [+]