Military Expenditure in Ethiopia decreased to 460 USD Million in 2020 from 545 USD Million in 2019. source: SIPRI
Military Expenditure in Ethiopia averaged 555.16 USD Million from 1965 until 2020, reaching an all time high of 1761 USD Million in 1999 and a record low of 194 USD Million in 1970. Ethiopia Military Expenditure - values, historical data and charts - was last updated on June of 2022.
Military Expenditure in Ethiopia is expected to reach 502.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ethiopia Military Expenditure is projected to trend around 475.00 USD Million in 2022, according to our econometric models.