Military Expenditure in Liberia decreased to 15.10 USD Million in 2020 from 19.20 USD Million in 2019. source: SIPRI

Military Expenditure in Liberia averaged 25.74 USD Million from 2004 until 2020, reaching an all time high of 41 USD Million in 2012 and a record low of 13.50 USD Million in 2007. Liberia Military Expenditure - values, historical data and charts - was last updated on July of 2021.

Military Expenditure in Liberia is expected to reach 15.60 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Liberia Military Expenditure is projected to trend around 15.60 USD Million in 2022, according to our econometric models.

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Liberia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
15.10 19.20 41.00 13.50 2004 - 2020 USD Million Yearly
Constant 2019 prices

Liberia Government Last Previous Highest Lowest Unit
Government Debt to GDP 52.10 41.40 720.73 17.80 percent of GDP [+]
Government Budget -3.00 -4.50 3.80 -8.40 percent of GDP [+]
Military Expenditure 15.10 19.20 41.00 13.50 USD Million [+]
Credit Rating 15.00 [+]