Military Expenditure in South Africa decreased to 3449 USD Million in 2018 from 3639 USD Million in 2017.
Military Expenditure in South Africa averaged 2611.63 USD Million from 1951 until 2018, reaching an all time high of 5472 USD Million in 1988 and a record low of 224 USD Million in 1954. South Africa Military Expenditure - values, historical data and charts - was last updated on September of 2020. source: SIPRI
Military Expenditure in South Africa is expected to reach 3250.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Military Expenditure is projected to trend around 3050.00 USD Million in 2021, according to our econometric models.