Military Expenditure in Myanmar decreased to 2604.10 USD Million in 2017 from 3634.30 USD Million in 2016. Military Expenditure in Myanmar averaged 725.56 USD Million from 1951 until 2017, reaching an all time high of 3801 USD Million in 2015 and a record low of 158.50 USD Million in 1951.

Military Expenditure in Myanmar is expected to be 2300.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Myanmar Military Expenditure is projected to trend around 2000.00 USD Million in 2020, according to our econometric models.

Myanmar Military Expenditure
Forecast Data Chart
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Myanmar Government Last Previous Highest Lowest Unit
Government Debt to GDP 33.64 35.75 216.04 29.91 percent [+]
Government Budget -4.40 -4.10 0.90 -7.10 percent of GDP [+]
Military Expenditure 2604.10 3634.30 3801.00 158.50 USD Million [+]
Credit Rating 15.00 [+]

Myanmar Military Expenditure

Myanmar Military Expenditure - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2604.10 3634.30 3801.00 158.50 1951 - 2017 USD Million Yearly
constant 2016 prices

Country Last Previous
Argentina 5164.97 Dec/17
Australia 26102.32 Dec/17
Brazil 25751.34 Dec/17
Canada 19837.10 Dec/17
China 228173.00 Dec/17
France 56287.40 Dec/17
Germany 43023.00 Dec/17
India 59757.10 Dec/17
Indonesia 7910.80 Dec/17
Italy 28416.60 Dec/17
Japan 46555.98 Dec/17
Mexico 5532.60 Dec/17
Netherlands 9780.20 Dec/17
Russia 55327.20 Dec/17
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Singapore 10122.00 Dec/17
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Spain 15686.00 Dec/17
Switzerland 4603.60 Dec/17
Turkey 19579.90 Dec/17
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