Military Expenditure in Indonesia decreased to 7661 USD Million in 2018 from 8178 USD Million in 2017.
Military Expenditure in Indonesia averaged 3540.78 USD Million from 1974 until 2018, reaching an all time high of 8225 USD Million in 2015 and a record low of 1305 USD Million in 1974. Indonesia Military Expenditure - values, historical data and charts - was last updated on August of 2020. source: SIPRI
Military Expenditure in Indonesia is expected to reach 7980.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Military Expenditure is projected to trend around 7980.00 USD Million in 2021, according to our econometric models.