Military Expenditure in Peru increased to 2689 USD Million in 2018 from 2666 USD Million in 2017.
Military Expenditure in Peru averaged 2923.49 USD Million from 1949 until 2018, reaching an all time high of 10089 USD Million in 1977 and a record low of 793 USD Million in 1949. Peru Military Expenditure - values, historical data and charts - was last updated on September of 2020. source: SIPRI
Military Expenditure in Peru is expected to reach 2670.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Peru Military Expenditure is projected to trend around 2690.00 USD Million in 2021, according to our econometric models.