Military Expenditure in Taiwan increased to 11597 USD Million in 2020 from 10993 USD Million in 2019. source: SIPRI

Military Expenditure in Taiwan averaged 10088.60 USD Million from 1976 until 2020, reaching an all time high of 13892 USD Million in 1993 and a record low of 4524 USD Million in 1976. Taiwan Military Expenditure - values, historical data and charts - was last updated on June of 2021.

Military Expenditure in Taiwan is expected to reach 10500.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Military Expenditure is projected to trend around 10500.00 USD Million in 2022, according to our econometric models.

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Taiwan Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
11597.00 10993.00 13892.00 4524.00 1976 - 2020 USD Million Yearly
Constant 2019 prices

Taiwan Government Last Previous Highest Lowest Unit
Government Debt to GDP 28.20 29.30 34.00 11.20 percent of GDP [+]
Government Budget -4.50 -1.30 1.80 -6.30 percent of GDP [+]
Government Budget Value -455.80 -133.52 60.87 -557.25 TWD Billion [+]
Government Spending 680361.00 675450.00 680361.00 133471.00 TWD Million [+]
Government Revenues 2875.41 2942.28 2942.28 110.05 TWD Billion [+]
Fiscal Expenditure 3331.21 3075.80 3331.21 87.04 TWD Billion [+]
Credit Rating 85.00 [+]
Military Expenditure 11597.00 10993.00 13892.00 4524.00 USD Million [+]