Military Expenditure in Sri Lanka decreased to 1710 USD Million in 2018 from 1867 USD Million in 2017. source: SIPRI
Military Expenditure in Sri Lanka averaged 666.40 USD Million from 1951 until 2018, reaching an all time high of 2054 USD Million in 2015 and a record low of 7.90 USD Million in 1951. Sri Lanka Military Expenditure - values, historical data and charts - was last updated on October of 2020.
Military Expenditure in Sri Lanka is expected to reach 1700.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Military Expenditure is projected to trend around 1800.00 USD Million in 2021, according to our econometric models.