Bangladesh Armed forces received 3.87 Billion dollar allocation for Defending the nation from the enemy what is 8.3% of its Total Budget. The size of Bangladesh GDP was US$ 72 billion in FY2005-06, which has now increased 4.5 times to US$ 302.4 billion. The size of the proposed budget for FY2019-20 is USD 62.28 Billion Dollar.
A tiny rise in the Yearly allocation. The 2019 -2020 defense budget also amounts to 8.3% of total annual government expenditure and about 1.5% of GDP.
Ministry | 2019-20 In Billion Dollar | 2018-2019 In Billion Dollar |
Ministry of Defense | 3.87 | 3.65 |
Armed Forces Division | 4.52 Million | 4.05 Million USD |
1 USD= 84 Taka
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Bangladesh Military Expenditure
Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects;
Bangladesh Armed force already under huge expansion to counter threat from various sources . Billion dollar aircraft accusation from Russia and developing a Fortified submarine Base is Underway .
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