Military Expenditure in Montenegro increased to 71.70 USD Million in 2017 from 61.70 USD Million in 2016. Military Expenditure in Montenegro averaged 65.37 USD Million from 2005 until 2017, reaching an all time high of 74 USD Million in 2008 and a record low of 54.30 USD Million in 2013.
Military Expenditure in Montenegro is expected to be 70.86 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Montenegro Military Expenditure is projected to trend around 71.11 USD Million in 2020, according to our econometric models.
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