Military Expenditure in Egypt decreased to 4003.80 USD Million in 2017 from 4513 USD Million in 2016. Military Expenditure in Egypt averaged 4394.14 USD Million from 1962 until 2017, reaching an all time high of 7047.50 USD Million in 1977 and a record low of 1525.90 USD Million in 1962.
Military Expenditure in Egypt is expected to be 7000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Egypt Military Expenditure is projected to trend around 8000.00 USD Million in 2020, according to our econometric models.
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