Military Expenditure in Kuwait decreased to 6940 USD Million in 2020 from 7374 USD Million in 2019. source: SIPRI
Military Expenditure in Kuwait averaged 5709.87 USD Million from 1972 until 2020, reaching an all time high of 25171 USD Million in 1991 and a record low of 620 USD Million in 1972. Kuwait Military Expenditure - values, historical data and charts - was last updated on October of 2021.
Military Expenditure in Kuwait is expected to reach 5837.35 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kuwait Military Expenditure is projected to trend around 6263.17 USD Million in 2022 and 6577.65 USD Million in 2023, according to our econometric models.