Military Expenditure in Lebanon decreased to 2446 USD Million in 2019 from 2776 USD Million in 2018. source: SIPRI

Military Expenditure in Lebanon averaged 1718.38 USD Million from 1980 until 2019, reaching an all time high of 2850 USD Million in 2016 and a record low of 281 USD Million in 1988. Lebanon Military Expenditure - values, historical data and charts - was last updated on May of 2021.

Military Expenditure in Lebanon is expected to reach 2406.20 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lebanon Military Expenditure is projected to trend around 2317.72 USD Million in 2022 and 2438.89 USD Million in 2023, according to our econometric models.

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Lebanon Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
2446.00 2776.00 2850.00 281.00 1980 - 2019 USD Million Yearly
constant 2018 prices

Lebanon Government Last Previous Highest Lowest Unit
Government Debt to GDP 171.70 174.50 183.00 131.00 percent [+]
Government Budget -16.50 -10.50 -5.92 -16.50 percent of GDP [+]
Government Budget Value -40957.00 -588829.00 829967.00 -1662466.00 LBP Million [+]
Government Spending 13792.71 8960.03 13792.71 1671.52 LBP Billion [+]
Government Revenues 1192880.00 934632.00 2658114.00 174236.00 LBP Million [+]
Fiscal Expenditure 1233837.00 1523461.00 2797788.00 239680.00 LBP Million [+]
Military Expenditure 2446.00 2776.00 2850.00 281.00 USD Million [+]
Government Debt 130131.00 128975.00 130131.00 4974.10 LBP Billion [+]
Credit Rating 11.00 [+]