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.

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Kuwait Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
7211.00 6765.00 24808.00 611.00 1972 - 2018 USD Million Yearly
constant 2017 prices

Kuwait Government Last Previous Highest Lowest Unit
Government Debt to GDP 14.80 20.70 151.10 1.09 percent [+]
Government Budget 11.40 6.60 43.30 -151.31 percent of GDP [+]
Government Spending 9623.50 9114.90 9623.50 102.00 KWD Million [+]
Credit Rating 88.00 [+]
Military Expenditure 7211.00 6765.00 24808.00 611.00 USD Million [+]