Military Expenditure in Uruguay decreased to 1164 USD Million in 2018 from 1166 USD Million in 2017.
Military Expenditure in Uruguay averaged 999.79 USD Million from 1972 until 2018, reaching an all time high of 1865 USD Million in 1981 and a record low of 530 USD Million in 1972. Uruguay Military Expenditure - values, historical data and charts - was last updated on September of 2020. source: SIPRI
Military Expenditure in Uruguay is expected to reach 1160.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uruguay Military Expenditure is projected to trend around 1160.00 USD Million in 2021 and 1155.13 USD Million in 2022, according to our econometric models.