Military Expenditure in Sierra Leone decreased to 27.80 USD Million in 2018 from 39.60 USD Million in 2017.

Military Expenditure in Sierra Leone averaged 27.46 USD Million from 1961 until 2018, reaching an all time high of 49.40 USD Million in 1992 and a record low of 8.90 USD Million in 1987. Sierra Leone Military Expenditure - values, historical data and charts - was last updated on August of 2020. source: SIPRI

Military Expenditure in Sierra Leone is expected to reach 28.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sierra Leone Military Expenditure is projected to trend around 31.00 USD Million in 2021, according to our econometric models.

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Sierra Leone Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
27.80 39.60 49.40 8.90 1961 - 2018 USD Million Yearly
constant 2016 prices

Sierra Leone Government Last Previous Highest Lowest Unit
Government Debt to GDP 63.00 57.90 247.38 30.50 percent [+]
Government Budget -7.70 -6.80 -0.98 -9.47 percent of GDP [+]
Government Revenues 811865.00 498044.00 824655.00 51456.00 SLL Million [+]
Fiscal Expenditure 476069.00 452030.00 849296.00 82664.00 SLL Million [+]
Military Expenditure 27.80 39.60 49.40 8.90 USD Million [+]
Government Budget Value 171033.00 151859.00 217676.00 -594255.00 SLL Million [+]
Credit Rating 15.00 [+]