Military expenditure in Romania
Romania: Military expenditure was 40.08 billion current LCU in 2024. ◆ Volatile
Military expenditure in Romania, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
In 2024, military expenditure in Romania stood at 40.08 billion current LCU. That is the highest value across all 65 years on record.
That represents a change of up 55.8% on the previous year and up 344.6% over ten years.
Over the whole period, military expenditure in Romania peaked at 40.08 billion current LCU in 2024 and was at its lowest, 444,500 current LCU, in 1960.
That places Romania 92nd out of 167 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 609,670 current LCU | 444,500 current LCU | 828,000 current LCU | 10 |
| 1970s | 1.22 million current LCU | 925,200 current LCU | 1.55 million current LCU | 10 |
| 1980s | 2.53 million current LCU | 1.36 million current LCU | 3.84 million current LCU | 10 |
| 1990s | 406.80 million current LCU | 3.90 million current LCU | 1.46 billion current LCU | 10 |
| 2000s | 5.03 billion current LCU | 2.03 billion current LCU | 7.56 billion current LCU | 10 |
| 2010s | 11.09 billion current LCU | 6.63 billion current LCU | 19.53 billion current LCU | 10 |
| 2020s | 26.72 billion current LCU | 21.44 billion current LCU | 40.08 billion current LCU | 5 |
Countries ranked near Romania
- 89 Kyrgyzstan 41.22 billion current LCU compare
- 90 Jamaica 41.05 billion current LCU compare
- 91 Canada 40.21 billion current LCU compare
- 93 Italy 35.10 billion current LCU compare
- 94 Mozambique 28.75 billion current LCU compare
- 95 Afghanistan 23.04 billion current LCU compare
More public sector data for Romania
- Arms imports 278.00 million SIPRI trend indicator values (2024)
- Tax revenue 16.2% (2024)
- Taxes on income, profits and capital gains 17.7% (2024)
- Taxes on goods and services 32.7% (2024)
- Net investment in nonfinancial assets 3.0% (2024)
- Net lending (+) / net borrowing (-) -8.8% (2024)
- Interest payments 7.3% (2024)
- Grants and other revenue 13.1% (2024)
- Interest payments 3.9% (2022)
- Other taxes 0.0% (2024)
Frequently asked questions
- What is military expenditure in Romania?
- Military expenditure in Romania was 40.08 billion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Romania?
- The highest recorded value was 40.08 billion current LCU in 2024.
- What is the lowest military expenditure recorded in Romania?
- The lowest recorded value was 444,500 current LCU in 1960.
- How does Romania rank for military expenditure?
- Romania ranks 92nd out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Romania?
- Over the last ten years it is up 344.6%. The long-run trend across the full record is volatile.
- Where does this Romania data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Military expenditure in local currency at current prices (by calendar year)