Military Expenditure in the United Kingdom increased to 58485 USD Million in 2020 from 56856 USD Million in 2019. source: SIPRI

Military Expenditure in the United Kingdom averaged 52161.21 USD Million from 1950 until 2020, reaching an all time high of 64257 USD Million in 2009 and a record low of 30751 USD Million in 1950. United Kingdom Military Expenditure - values, historical data and charts - was last updated on July of 2021.

Military Expenditure in the United Kingdom is expected to reach 49046.27 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Military Expenditure is projected to trend around 49396.31 USD Million in 2022 and 49775.53 USD Million in 2023, according to our econometric models.

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United Kingdom Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
58485.00 56856.00 64257.00 30751.00 1950 - 2020 USD Million Yearly
Constant 2019 prices

United Kingdom Government Last Previous Highest Lowest Unit
Government Debt to GDP 97.40 84.40 97.40 21.70 percent of GDP [+]
Government Budget -14.30 -2.60 4.80 -14.30 percent of GDP [+]
Government Budget Value -22754.00 -20604.00 11860.00 -47332.00 GBP Million [+]
Government Spending 106683.00 104020.00 106683.00 33126.00 GBP Million [+]
Government Spending to GDP 52.20 39.80 52.20 34.50 percent of GDP [+]
Government Debt 2218.20 2195.50 2218.20 52.10 GBP Billion [+]
Military Expenditure 58485.00 56856.00 64257.00 30751.00 USD Million [+]
Credit Rating 90.00 [+]
Asylum Applications 6939.00 9456.00 27891.00 5554.00 persons [+]
Government Revenues 62192.00 59525.00 83219.00 17491.00 GBP Million [+]