Military Expenditure in Kuwait increased to 7211 USD Million in 2018 from 6765 USD Million in 2017.
Military Expenditure in Kuwait averaged 5566.47 USD Million from 1972 until 2018, reaching an all time high of 24808 USD Million in 1991 and a record low of 611 USD Million in 1972. Kuwait Military Expenditure - values, historical data and charts - was last updated on October of 2020. source: SIPRI
Military Expenditure in Kuwait is expected to reach 5766.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kuwait Military Expenditure is projected to trend around 6263.17 USD Million in 2021 and 6577.65 USD Million in 2022, according to our econometric models.