Military Expenditure in Bulgaria increased to 1015 USD Million in 2018 from 824 USD Million in 2017.
Military Expenditure in Bulgaria averaged 1041.53 USD Million from 1989 until 2018, reaching an all time high of 3776 USD Million in 1989 and a record low of 609 USD Million in 1997. Bulgaria Military Expenditure - values, historical data and charts - was last updated on September of 2020. source: SIPRI
Military Expenditure in Bulgaria is expected to reach 1114.25 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bulgaria Military Expenditure is projected to trend around 1319.65 USD Million in 2021 and 1505.10 USD Million in 2022, according to our econometric models.