Romania RO: Military Expenditure: % of Central Government Expenditure

1980 - 2016 | Yearly | % | World Bank

Romania RO: Military Expenditure: % of Central Government Expenditure data was reported at 6.184 % in 2017. This records an increase from the previous number of 4.491 % for 2016. Romania RO: Military Expenditure: % of Central Government Expenditure data is updated yearly, averaging 6.506 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 12.376 % in 1991 and a record low of 3.278 % in 2010. Romania RO: Military Expenditure: % of Central Government Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Romania – Table RO.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

View Romania's Romania RO: Military Expenditure: % of Central Government Expenditure from 1980 to 2016 in the chart:

Romania Romania RO: Military Expenditure: % of Central Government Expenditure

What was Romania's Romania RO: Military Expenditure: % of Central Government Expenditure in 2016?

Last Previous Min Max Unit Frequency Range
4.50 2016 4.45 2015 3.53 2010 14.51 1991 % yearly 1980 - 2016

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Romania Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 50,572.570 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 25,974.383 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 3.480 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 14.4 Mar 2023 quarterly Mar 1996 - Mar 2023
GDP per Capita (USD) 14,987.806 2021 yearly 1981 - 2021
Gross Fixed Capital Formation (USD mn) 25,972.199 Sep 2024 quarterly Mar 1995 - Sep 2024
Gross National Product (GNP) (USD mn) 340,813.200 2023 yearly 1989 - 2023
Gross Savings Rate (%) 25.9 Sep 2024 quarterly Mar 1995 - Sep 2024
Investment: % of GDP (%) 31.7 Sep 2024 quarterly Mar 1995 - Sep 2024
Nominal GDP (USD mn) 84,896.6 Mar 2023 quarterly Mar 1995 - Mar 2023
Nominal GDP Growth (%) 10.092 Sep 2024 quarterly Mar 1996 - Sep 2024
Private Consumption Expenditure (USD mn) 61,118.308 Sep 2024 quarterly Mar 1995 - Sep 2024
Private Consumption: % of GDP (%) 58.9 Sep 2024 quarterly Mar 1995 - Sep 2024
Public Consumption Expenditure (USD mn) 16,367.393 Sep 2024 quarterly Mar 1995 - Sep 2024
Public Consumption: % of GDP (%) 15.2 Sep 2024 quarterly Mar 1995 - Sep 2024
Real GDP Growth (%) 2.9 Mar 2023 quarterly Mar 1996 - Mar 2023
Total Trade of Goods & Services: % of Nominal GDP (%) 72.097 Sep 2024 quarterly Mar 1995 - Sep 2024
Production Last Frequency Range
Gold Production (kg) 400.000 2010 yearly 1990 - 2010
Industrial Production Index Growth (%) -4.7 Apr 2023 monthly Jan 2006 - Apr 2023
Minerals Production (Metric Ton) 31,235,421.000 2022 yearly 2009 - 2022
Motor Vehicle Production (Unit) 513,050.000 2023 yearly 1997 - 2023
Silver Production (Metric Ton) 3.000 2015 yearly 1986 - 2015
Sales, Orders, Inventory & Shipments Last Frequency Range
New Orders Growth (%) 7.9 Oct 2024 monthly Jan 2001 - Oct 2024
Construction and Properties Last Frequency Range
Building Permits (Unit) 3,733.000 Oct 2024 monthly Jan 2004 - Oct 2024
House Prices Growth (%) 7.0 Sep 2022 quarterly Mar 2010 - Sep 2022
Nominal Residential Property Price Index (2010=100) 128.870 Mar 2024 quarterly Mar 2009 - Mar 2024
Nominal Residential Property Price Index Growth (%) 5.479 Mar 2024 quarterly Mar 2010 - Mar 2024
Real Residential Property Price Index (2010=100) 73.742 Mar 2024 quarterly Mar 2009 - Mar 2024
Real Residential Property Price Index Growth (%) -1.497 Mar 2024 quarterly Mar 2010 - Mar 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.5 Sep 2024 quarterly Dec 2004 - Sep 2024
Forecast: Government Expenditure (RON bn) 902.150 2029 yearly 1990 - 2029
Forecast: Government Net Debt (RON bn) 1,699.003 2029 yearly 2000 - 2029
Forecast: Government Revenue (RON bn) 749.728 2029 yearly 1990 - 2029
Government Debt: % of GDP (%) 53.1 Sep 2024 quarterly Dec 2011 - Sep 2024
National Government Debt (USD mn) 206,240.3 Sep 2024 monthly Nov 2011 - Sep 2024
Consolidated Fiscal Balance (%) -7.516 Sep 2024 quarterly Dec 2004 - Sep 2024

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