Military Expenditure in Romania, 1960-2022

Military Expenditure in Romania, 1960-2022

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TGM StatBox. (2024). Military Expenditure in Romania, 1960-2022. TGM StatBox.
Chart Details
Timeframe: 1960-2023
Country: Romania
Published date: 2024
Note: Military expenditure by World Development Indicators (WDI) refers to the financial resources a country allocates for its armed forces. This includes spending on personnel (salaries, pensions), military equipment, infrastructure, operations, and research and development.
Key Takeaways
Romania's military expenditure surged in the late 1980s, peaking at 4.8% in 1989 under the Communist regime. This period reflected heavy state-controlled investments in defense amid the Cold War. After the fall of communism, spending sharply decreased to 2.7% in 1993, as the country transitioned to a market economy and faced economic restructuring.

In the 2000s, expenditure further declined, stabilizing around 1.2–2.0% of GDP. A significant increase to 2.0% occurred in 2020, reflecting Romania's commitment to NATO's 2% guideline amid growing regional tensions in Eastern Europe. By 2022, spending slightly declined to 1.7%, balancing modernization efforts with broader economic constraints.

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