Military Expenditure in Macedonia increased to 154 USD Million in 2020 from 146 USD Million in 2019. source: SIPRI
Military Expenditure in Macedonia averaged 140.08 USD Million from 1996 until 2020, reaching an all time high of 378 USD Million in 2001 and a record low of 103 USD Million in 2017. Macedonia Military Expenditure - values, historical data and charts - was last updated on July of 2022.
Military Expenditure in Macedonia is expected to reach 133.15 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Military Expenditure is projected to trend around 134.95 USD Million in 2022 and 135.36 USD Million in 2023, according to our econometric models.