Military Expenditure in Guatemala increased to 338 USD Million in 2019 from 273 USD Million in 2018. source: SIPRI
Military Expenditure in Guatemala averaged 328.44 USD Million from 1955 until 2019, reaching an all time high of 663 USD Million in 1984 and a record low of 110.50 USD Million in 1955. Guatemala Military Expenditure - values, historical data and charts - was last updated on April of 2021.
Military Expenditure in Guatemala is expected to reach 250.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guatemala Military Expenditure is projected to trend around 280.00 USD Million in 2022 and 290.00 USD Million in 2023, according to our econometric models.