Military Expenditure in Hungary increased to 2463 USD Million in 2020 from 2051 USD Million in 2019. source: SIPRI
Military Expenditure in Hungary averaged 2044.82 USD Million from 1972 until 2020, reaching an all time high of 4612 USD Million in 1985 and a record low of 1054 USD Million in 1996. Hungary Military Expenditure - values, historical data and charts - was last updated on September of 2022.
Military Expenditure in Hungary is expected to reach 1417.71 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Military Expenditure is projected to trend around 1468.74 USD Million in 2022 and 1494.06 USD Million in 2023, according to our econometric models.