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South Africa Military Expenditure

Government
South Africa
Source: South Africa Military Expenditure, released on Dec 31 by SIPRI
-10.58%
Overview
Current Value
-10.58%
Average Value (10 years)
-3.56%
Statistical Analysis
Current Status
Normal
Historical Average
-3.56%
Long-term mean
Historical Data
DateValueChange
12-31-2023-10.58%-2.25%
12-31-2022-8.33%-13.34%
12-31-20215.01%+10.96%
12-31-2020-5.95%-0.77%
12-31-2019-5.18%-6.05%
Forecast & Analysis

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Next Period Forecast
-10.58%
3-Month Outlook
Moderate Growth
Based on economic models
12-Month Outlook
Stable
Long-term projection

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Key Information
Current Value-10.58%
Average Value (10 years)-3.56%

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Economic data last updated May 18, 2025