Military Expenditure in Romania increased to 4258 USD Million in 2018 from 3622 USD Million in 2017.

Military Expenditure in Romania averaged 3250.59 USD Million from 1980 until 2018, reaching an all time high of 8759 USD Million in 1986 and a record low of 1775 USD Million in 2000. Romania Military Expenditure - values, historical data and charts - was last updated on October of 2020. source: SIPRI

Military Expenditure in Romania is expected to reach 4610.77 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Military Expenditure is projected to trend around 5338.04 USD Million in 2021 and 5426.02 USD Million in 2022, according to our econometric models.

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Romania Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
4258.00 3622.00 8759.00 1775.00 1980 - 2018 USD Million Yearly
constant 2017 prices

Romania Government Last Previous Highest Lowest Unit
Government Debt to GDP 35.20 34.70 39.20 6.60 percent [+]
Government Budget -4.30 -2.90 0.50 -9.10 percent of GDP [+]
Government Budget Value -54702.10 -50826.10 3486.70 -54702.10 RON Million [+]
Government Spending 2388.00 2304.10 3385.10 528.80 RON Million [+]
Government Spending to GDP 36.00 34.80 40.00 33.20 percent [+]
Government Revenues 85233.70 74415.50 152477.40 3701.40 RON Million [+]
Government Debt 358742.50 346624.20 358742.50 38469.80 RON Million [+]
Fiscal Expenditure 139935.70 125241.50 200556.60 2850.50 RON Million [+]
Credit Rating 55.00 [+]
Military Expenditure 4258.00 3622.00 8759.00 1775.00 USD Million [+]
Asylum Applications 60.00 335.00 750.00 45.00 persons [+]