Military Expenditure in Nepal decreased to 425 USD Million in 2020 from 429 USD Million in 2019. source: SIPRI
Military Expenditure in Nepal averaged 162.44 USD Million from 1970 until 2020, reaching an all time high of 451 USD Million in 2017 and a record low of 20.50 USD Million in 1970. Nepal Military Expenditure - values, historical data and charts - was last updated on July of 2022.
Military Expenditure in Nepal is expected to reach 393.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nepal Military Expenditure is projected to trend around 393.00 USD Million in 2022, according to our econometric models.