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.

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Bulgaria Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
1015.00 824.00 3776.00 609.00 1989 - 2018 USD Million Yearly
constant 2017 prices

Bulgaria Government Last Previous Highest Lowest Unit
Government Debt to GDP 20.70 20.90 77.60 13.20 percent [+]
Government Budget 2.10 2.00 2.10 -5.50 percent of GDP [+]
Government Budget Value 151.19 193.14 3959.03 -2831.81 BGN Million [+]
Government Spending to GDP 36.30 34.80 43.20 30.60 percent [+]
Government Debt 24266.10 24561.80 26881.40 9234.80 BGN Million [+]
Credit Rating 60.00 [+]
Military Expenditure 1015.00 824.00 3776.00 609.00 USD Million [+]
Government Revenues 3519.73 3373.81 3950.09 1274.30 BGN Million [+]
Government Spending 2107.41 2028.36 2687.94 1066.44 BGN Million [+]
Fiscal Expenditure 3394.69 3204.21 5091.71 1371.42 BGN Million [+]
Asylum Applications 90.00 25.00 3530.00 25.00 persons [+]