Military Expenditure in Indonesia increased to 9488 USD Million in 2020 from 9003 USD Million in 2019. source: SIPRI

Military Expenditure in Indonesia averaged 3814.30 USD Million from 1974 until 2020, reaching an all time high of 9488 USD Million in 2020 and a record low of 1310 USD Million in 1974. Indonesia Military Expenditure - values, historical data and charts - was last updated on August of 2021.

Military Expenditure in Indonesia is expected to reach 7980.00 USD Million by the end of 2021, 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 2022, according to our econometric models.

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Indonesia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
9488.00 9003.00 9488.00 1310.00 1974 - 2020 USD Million Yearly
Constant 2019 prices

Indonesia Government Last Previous Highest Lowest Unit
Government Debt to GDP 38.50 30.50 87.43 22.96 percent of GDP [+]
Government Budget -6.50 -2.20 3.02 -6.50 percent of GDP [+]
Government Budget Value -1039200.00 -348653.70 12604.60 -1039200.00 IDR Billion [+]
Government Spending 164256.60 289963.74 289963.74 21713.30 IDR Billion [+]
Government Revenues 169900.00 1960633.60 1960633.60 10139.60 IDR Billion [+]
Fiscal Expenditure 2739200.00 2309287.30 2739200.00 10167.40 IDR Billion [+]
Military Expenditure 9488.00 9003.00 9488.00 1310.00 USD Million [+]
Credit Rating 60.00 [+]