Military Expenditure in Uruguay increased to 1260 USD Million in 2020 from 1155 USD Million in 2019. source: SIPRI
Military Expenditure in Uruguay averaged 956.51 USD Million from 1972 until 2020, reaching an all time high of 1760 USD Million in 1981 and a record low of 500 USD Million in 1972. Uruguay Military Expenditure - values, historical data and charts - was last updated on August of 2022.
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.