Military Expenditure in Cuba increased to 129 USD Million in 2018 from 123 USD Million in 2017. source: SIPRI

Military Expenditure in Cuba averaged 109.86 USD Million from 2005 until 2018, reaching an all time high of 132 USD Million in 2012 and a record low of 87.20 USD Million in 2006. Cuba Military Expenditure - values, historical data and charts - was last updated on July of 2021.

Military Expenditure in Cuba is expected to reach 123.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cuba Military Expenditure is projected to trend around 121.00 USD Million in 2022 and 123.00 USD Million in 2023, according to our econometric models.

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Cuba Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
129.00 123.00 132.00 87.20 2005 - 2018 USD Million Yearly
Constant 2019 prices

Cuba Government Last Previous Highest Lowest Unit
Government Debt to GDP 18.30 19.90 21.10 14.80 percent of GDP [+]
Government Budget -6.20 -8.10 -1.30 -33.50 percent of GDP [+]
Government Revenues 58700.20 56762.70 58700.20 15033.50 CUC Millions [+]
Fiscal Expenditure 65774.90 65497.50 65774.90 15771.00 CUC Millions [+]
Government Budget Value -6435.30 -8091.30 -737.50 -8283.70 CUC Millions [+]
Credit Rating 15.00 [+]
Military Expenditure 129.00 123.00 132.00 87.20 USD Million [+]