Military Expenditure in Uruguay decreased to 1220 USD Million in 2019 from 1271 USD Million in 2018. source: SIPRI
Military Expenditure in Uruguay averaged 1009.52 USD Million from 1972 until 2019, reaching an all time high of 1871 USD Million in 1981 and a record low of 532 USD Million in 1972. Uruguay Military Expenditure - values, historical data and charts - was last updated on May of 2021.
Military Expenditure in Uruguay is expected to reach 1160.00 USD Million by the end of 2021, 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 2022 and 1155.13 USD Million in 2023, according to our econometric models.