Military Expenditure in Romania increased to 5579 USD Million in 2020 from 4613 USD Million in 2019. source: SIPRI
Military Expenditure in Romania averaged 3477.39 USD Million from 1980 until 2020, reaching an all time high of 9163 USD Million in 1986 and a record low of 1857 USD Million in 2000. Romania Military Expenditure - values, historical data and charts - was last updated on September of 2022.
Military Expenditure in Romania is expected to reach 4571.65 USD Million by the end of 2021, 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 2022 and 5426.02 USD Million in 2023, according to our econometric models.