Military Expenditure in the United Kingdom increased to 46883 USD Million in 2018 from 46433 USD Million in 2017.

Military Expenditure in the United Kingdom averaged 44218.78 USD Million from 1950 until 2018, reaching an all time high of 56163 USD Million in 2009 and a record low of 25916 USD Million in 1950. United Kingdom Military Expenditure - values, historical data and charts - was last updated on July of 2020. source: SIPRI

Military Expenditure in the United Kingdom is expected to reach 49046.27 USD Million by the end of 2020, 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 2021 and 49775.53 USD Million in 2022, according to our econometric models.

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United Kingdom Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
46883.00 46433.00 56163.00 25916.00 1950 - 2018 USD Million Yearly
constant 2017 prices

United Kingdom Government Last Previous Highest Lowest Unit
Government Debt to GDP 80.70 82.40 82.90 21.70 percent [+]
Government Budget -1.80 -2.70 4.80 -10.20 percent of GDP [+]
Government Budget Value -49780.00 -47718.00 18449.00 -49780.00 GBP Million [+]
Government Spending 96136.00 100275.00 100275.00 32139.00 GBP Million [+]
Government Spending to GDP 39.30 40.00 46.40 34.60 percent [+]
Government Debt -54499.00 -47774.00 12351.00 -54499.00 GBP Million [+]
Military Expenditure 46883.00 46433.00 56163.00 25916.00 USD Million [+]
Credit Rating 91.00 [+]
Asylum Applications 1175.00 2575.00 5170.00 1175.00 persons [+]
Government Revenues 40734.00 45614.00 81718.00 17491.00 GBP Million [+]