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.