Military Expenditure in Brazil decreased to 25101 USD Million in 2020 from 25907 USD Million in 2019. source: SIPRI
Military Expenditure in Brazil averaged 11945.51 USD Million from 1953 until 2020, reaching an all time high of 27074 USD Million in 2018 and a record low of 1687 USD Million in 1953. Brazil Military Expenditure - values, historical data and charts - was last updated on July of 2022.
Military Expenditure in Brazil is expected to reach 29500.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Military Expenditure is projected to trend around 29000.00 USD Million in 2022, according to our econometric models.