Military Expenditure in Nepal decreased to 397 USD Million in 2018 from 405 USD Million in 2017.
Military Expenditure in Nepal averaged 144.98 USD Million from 1970 until 2018, reaching an all time high of 405 USD Million in 2017 and a record low of 19.80 USD Million in 1970. Nepal Military Expenditure - values, historical data and charts - was last updated on August of 2020. source: SIPRI
Military Expenditure in Nepal is expected to reach 393.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nepal Military Expenditure is projected to trend around 393.00 USD Million in 2021, according to our econometric models.