Military Expenditure in Spain increased to 17039 USD Million in 2018 from 16044 USD Million in 2017.
Military Expenditure in Spain averaged 11801.89 USD Million from 1949 until 2018, reaching an all time high of 18833 USD Million in 2007 and a record low of 2399 USD Million in 1951. Spain Military Expenditure - values, historical data and charts - was last updated on September of 2020. source: SIPRI
Military Expenditure in Spain is expected to reach 15188.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Military Expenditure is projected to trend around 15116.59 USD Million in 2021 and 14773.70 USD Million in 2022, according to our econometric models.