Military Expenditure in Turkey increased to 22088 USD Million in 2018 from 17824 USD Million in 2017.
Military Expenditure in Turkey averaged 8151.23 USD Million from 1953 until 2018, reaching an all time high of 22088 USD Million in 2018 and a record low of 1176 USD Million in 1958. Turkey Military Expenditure - values, historical data and charts - was last updated on July of 2020. source: SIPRI
Military Expenditure in Turkey is expected to reach 20778.92 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Military Expenditure is projected to trend around 22111.60 USD Million in 2021 and 22173.66 USD Million in 2022, according to our econometric models.