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.