Military Expenditure in Ethiopia increased to 497.29 USD Million in 2017 from 468.73 USD Million in 2016. Military Expenditure in Ethiopia averaged 520.05 USD Million from 1965 until 2017, reaching an all time high of 1648.36 USD Million in 1999 and a record low of 181.90 USD Million in 1970.

Military Expenditure in Ethiopia is expected to be 494.15 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ethiopia Military Expenditure is projected to trend around 474.90 USD Million in 2020, according to our econometric models.

Ethiopia Military Expenditure
Forecast Data Chart
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Ethiopia Government Last Previous Highest Lowest Unit
Government Debt to GDP 33.50 34.90 41.80 24.70 percent [+]
Government Budget -3.30 -1.90 6.60 -8.90 percent of GDP [+]
Military Expenditure 497.29 468.73 1648.36 181.90 USD Million [+]
Credit Rating 31.25 [+]

Ethiopia Military Expenditure

Ethiopia Military Expenditure - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
497.29 468.73 1648.36 181.90 1965 - 2017 USD Million Yearly
constant 2016 prices

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