Military Expenditure in Georgia decreased to 304 USD Million in 2020 from 311 USD Million in 2019. source: SIPRI

Military Expenditure in Georgia averaged 282.83 USD Million from 1996 until 2020, reaching an all time high of 885 USD Million in 2007 and a record low of 32.10 USD Million in 2000. Georgia Military Expenditure - values, historical data and charts - was last updated on July of 2021.

Military Expenditure in Georgia is expected to reach 333.30 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia Military Expenditure is projected to trend around 333.30 USD Million in 2022, according to our econometric models.

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Georgia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
304.00 311.00 885.00 32.10 1996 - 2020 USD Million Yearly
Constant 2019 prices

Georgia Government Last Previous Highest Lowest Unit
Government Debt to GDP 62.40 41.20 62.40 21.55 percent of GDP [+]
Government Budget -9.30 -2.70 4.50 -9.30 percent of GDP [+]
Government Spending 1743.90 2065.80 2065.80 41.10 GEL Million [+]
Government Revenues 860.10 833.50 1141.60 148.50 GEL Million [+]
Fiscal Expenditure 1048.70 1238.20 1633.50 132.00 GEL Million [+]
Military Expenditure 304.00 311.00 885.00 32.10 USD Million [+]
Credit Rating 45.00 [+]
Government Budget Value -347.60 -522.80 328.40 -1054.40 GEL Million [+]