Military Expenditure in Malaysia increased to 3910 USD Million in 2020 from 3769 USD Million in 2019. source: SIPRI
Military Expenditure in Malaysia averaged 2080.30 USD Million from 1957 until 2020, reaching an all time high of 4605 USD Million in 2015 and a record low of 179 USD Million in 1961. Malaysia Military Expenditure - values, historical data and charts - was last updated on October of 2021.
Military Expenditure in Malaysia is expected to reach 3050.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Military Expenditure is projected to trend around 3870.00 USD Million in 2022, according to our econometric models.