Military Expenditure in Cuba decreased to 123 USD Million in 2017 from 124 USD Million in 2016.

Military Expenditure in Cuba averaged 107.81 USD Million from 2005 until 2017, reaching an all time high of 131 USD Million in 2012 and a record low of 86.70 USD Million in 2006. Cuba Military Expenditure - values, historical data and charts - was last updated on June of 2020. source: SIPRI

Military Expenditure in Cuba is expected to reach 123.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cuba Military Expenditure is projected to trend around 121.00 USD Million in 2021, according to our econometric models.

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Cuba Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
123.00 124.00 131.00 86.70 2005 - 2017 USD Million Yearly
constant 2016 prices

Cuba Government Last Previous Highest Lowest Unit
Government Debt to GDP 18.20 18.90 21.10 14.80 percent [+]
Government Budget -8.10 -8.60 -1.30 -33.50 percent of GDP [+]
Government Revenues 56762.70 54912.30 56762.70 15033.50 CUC Millions [+]
Fiscal Expenditure 65497.50 63905.70 65497.50 15771.00 CUC Millions [+]
Credit Rating 15.00 [+]
Military Expenditure 123.00 124.00 131.00 86.70 USD Million [+]
Government Budget Value -8091.30 -8283.70 -737.50 -8283.70 CUC Millions [+]