Military Expenditure in South Africa decreased to 3617 USD Million in 2019 from 3670 USD Million in 2018. source: SIPRI

Military Expenditure in South Africa averaged 2762.22 USD Million from 1951 until 2019, reaching an all time high of 5760 USD Million in 1988 and a record low of 236 USD Million in 1954. South Africa Military Expenditure - values, historical data and charts - was last updated on May of 2021.

Military Expenditure in South Africa is expected to reach 3400.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Military Expenditure is projected to trend around 3270.00 USD Million in 2022 and 3000.00 USD Million in 2023, according to our econometric models.

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South Africa Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
3617.00 3670.00 5760.00 236.00 1951 - 2019 USD Million Yearly
constant 2018 prices

South Africa Government Last Previous Highest Lowest Unit
Government Debt to GDP 83.00 62.20 83.00 27.80 percent [+]
Government Budget -6.30 -4.20 1.00 -7.40 percent of GDP [+]
Government Budget Value 21257.00 -16372.00 44018.00 -110002.00 ZAR Million [+]
Government Spending 655551.00 653776.00 656056.00 65991.00 ZAR Million [+]
Government Revenues 146977.00 133241.00 180084.00 36.00 ZAR Million [+]
Government Debt 78295.00 64685.00 81061.00 11594.00 USD Million [+]
Fiscal Expenditure 125719.00 149613.00 203164.00 46.00 ZAR Million [+]
Credit Rating 45.00 [+]
Military Expenditure 3617.00 3670.00 5760.00 236.00 USD Million [+]