Military Expenditure in Brazil increased to 30769 USD Million in 2018 from 29283 USD Million in 2017.
Military Expenditure in Brazil averaged 13456.32 USD Million from 1957 until 2018, reaching an all time high of 30769 USD Million in 2018 and a record low of 1946 USD Million in 1964. Brazil Military Expenditure - values, historical data and charts - was last updated on September of 2020. source: SIPRI
Military Expenditure in Brazil is expected to reach 27500.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Military Expenditure is projected to trend around 28100.00 USD Million in 2021, according to our econometric models.