Military Expenditure in Romania increased to 5098 USD Million in 2019 from 4359 USD Million in 2018. source: SIPRI

Military Expenditure in Romania averaged 3550.65 USD Million from 1980 until 2019, reaching an all time high of 9478 USD Million in 1986 and a record low of 1921 USD Million in 2000. Romania Military Expenditure - values, historical data and charts - was last updated on April 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
5098.00 4359.00 9478.00 1921.00 1980 - 2019 USD Million Yearly
constant 2018 prices

Romania Government Last Previous Highest Lowest Unit
Government Debt to GDP 47.30 35.30 47.30 6.60 percent [+]
Government Budget -9.20 -4.40 0.50 -9.20 percent of GDP [+]
Government Budget Value -8430.80 -112.30 3486.70 -105906.60 RON Million [+]
Government Spending 2555.80 2336.80 3385.10 528.80 RON Million [+]
Government Spending to GDP 36.00 34.80 40.00 33.20 percent [+]
Government Revenues 24316.90 15563.40 152477.40 3701.40 RON Million [+]
Government Debt 358742.50 346624.20 358742.50 38469.80 RON Million [+]
Fiscal Expenditure 32747.70 15675.80 246929.90 2850.50 RON Million [+]
Credit Rating 55.00 [+]
Military Expenditure 5098.00 4359.00 9478.00 1921.00 USD Million [+]
Asylum Applications 495.00 335.00 750.00 45.00 persons [+]