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 2021.

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.

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Romania Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
5579.00 4613.00 9163.00 1857.00 1980 - 2020 USD Million Yearly
Constant 2019 prices

Romania Government Last Previous Highest Lowest Unit
Government Debt to GDP 47.30 35.30 47.30 6.60 percent of GDP [+]
Government Budget -9.20 -4.40 0.50 -9.20 percent of GDP [+]
Government Budget Value -42565.60 -42703.10 3486.70 -105906.60 RON Million [+]
Government Spending 2482.10 2461.60 3385.10 528.80 RON Million [+]
Government Spending to GDP 42.40 36.20 42.40 33.20 percent of GDP [+]
Government Revenues 97099.80 79147.20 152477.40 3701.40 RON Million [+]
Government Debt 490952.90 482492.40 490952.90 38469.80 RON Million [+]
Fiscal Expenditure 139665.40 121850.30 246929.90 2850.50 RON Million [+]
Credit Rating 55.00 [+]
Military Expenditure 5579.00 4613.00 9163.00 1857.00 USD Million [+]
Asylum Applications 790.00 1040.00 1170.00 45.00 persons [+]