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.

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Uruguay Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
1220.00 1271.00 1871.00 532.00 1972 - 2019 USD Million Yearly
constant 2018 prices

Uruguay Government Last Previous Highest Lowest Unit
Government Debt to GDP 73.00 60.50 96.10 30.60 percent [+]
Government Budget -5.10 -2.80 -0.40 -5.10 percent of GDP [+]
Government Budget Value -34734.61 -12945.23 15558.61 -34770.83 UYU Million [+]
Government Spending 70690.51 64437.35 18154731.70 61468.44 UYU Thousand [+]
Government Revenues 44086.96 32494.89 45150.26 3376.46 UYU Million [+]
Fiscal Expenditure 90234.12 60574.19 90234.12 5518.89 UYU Million [+]
Credit Rating 55.00 [+]
Military Expenditure 1220.00 1271.00 1871.00 532.00 USD Million [+]