Military Expenditure in Taiwan increased to 11597 USD Million in 2020 from 10993 USD Million in 2019. source: SIPRI
Military Expenditure in Taiwan averaged 10088.60 USD Million from 1976 until 2020, reaching an all time high of 13892 USD Million in 1993 and a record low of 4524 USD Million in 1976. Taiwan Military Expenditure - values, historical data and charts - was last updated on July of 2022.
Military Expenditure in Taiwan is expected to reach 10500.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Military Expenditure is projected to trend around 10500.00 USD Million in 2022, according to our econometric models.