Military Expenditure in Zambia decreased to 328 USD Million in 2019 from 378 USD Million in 2018. source: SIPRI

Military Expenditure in Zambia averaged 264.35 USD Million from 1984 until 2019, reaching an all time high of 423 USD Million in 1986 and a record low of 88 USD Million in 1996. Zambia Military Expenditure - values, historical data and charts - was last updated on April of 2021.

Military Expenditure in Zambia is expected to reach 415.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zambia Military Expenditure is projected to trend around 415.00 USD Million in 2022, according to our econometric models.

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Zambia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
328.00 378.00 423.00 88.00 1984 - 2019 USD Million Yearly
constant 2018 prices

Zambia Government Last Previous Highest Lowest Unit
Government Debt to GDP 91.90 77.20 277.53 28.80 percent [+]
Government Budget -8.20 -7.60 18.30 -10.50 percent of GDP [+]
Military Expenditure 328.00 378.00 423.00 88.00 USD Million [+]
Government Debt 11202.80 10047.80 11202.80 1106.50 USD Million [+]
Credit Rating 33.75 [+]