Military Expenditure in Peru increased to 2695 USD Million in 2019 from 2649 USD Million in 2018. source: SIPRI
Military Expenditure in Peru averaged 2938.80 USD Million from 1949 until 2019, reaching an all time high of 10156 USD Million in 1977 and a record low of 798 USD Million in 1949. Peru Military Expenditure - values, historical data and charts - was last updated on April of 2021.
Military Expenditure in Peru is expected to reach 2690.00 USD Million by the end of 2021, 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 2022, according to our econometric models.