Military Expenditure in Malawi increased to 53.50 USD Million in 2018 from 47.40 USD Million in 2017. source: SIPRI

Military Expenditure in Malawi averaged 22.71 USD Million from 1968 until 2018, reaching an all time high of 64.30 USD Million in 2013 and a record low of 6 USD Million in 1969. Malawi Military Expenditure - values, historical data and charts - was last updated on February of 2021.

Military Expenditure in Malawi is expected to reach 55.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malawi Military Expenditure is projected to trend around 60.00 USD Million in 2021, according to our econometric models.

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Malawi Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
53.50 47.40 64.30 6.00 1968 - 2018 USD Million Yearly
constant 2016 prices

Malawi Government Last Previous Highest Lowest Unit
Government Debt to GDP 62.00 62.70 119.70 15.30 percent [+]
Government Budget 4.00 -4.50 4.00 -7.90 percent of GDP [+]
Government Spending 147297.00 139966.40 147297.00 63964.94 MWK Million [+]
Fiscal Expenditure 109.80 143.00 175.70 28.84 MWK Billion [+]
Military Expenditure 53.50 47.40 64.30 6.00 USD Million [+]
Government Revenues 149.70 93.70 149.70 29.14 MWK Billion [+]
Government Budget Value -6.50 -35.30 56.50 -62.90 MWK Billion [+]
Credit Rating 15.00 [+]