Military spending in Romania

Romania: Military spending was 6.50 billion constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
6.50 billion constant 2022 US$
Change on year
up 0.5%
World rank
42nd
of 172 countries
All-time high
6.76 billion constant 2022 US$
in 1989
All-time low
112.40 million constant 2022 US$
in 1881
Years of data
146
1878–2023

Military spending in Romania, 1878–2023

02.0B4.0B6.0B187819502023

Source: Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

Romania recorded 6.50 billion constant 2022 US$ for military spending in 2023.

Compared with earlier readings it is up 0.5% on the previous year and up 132.3% over ten years.

Over the whole period, military spending in Romania peaked at 6.76 billion constant 2022 US$ in 1989 and was at its lowest, 112.40 million constant 2022 US$, in 1881.

Romania ranks 42nd of 172 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1870s 134.65 million constant 2022 US$ 125.67 million constant 2022 US$ 143.63 million constant 2022 US$ 2
1880s 131.97 million constant 2022 US$ 112.40 million constant 2022 US$ 160.76 million constant 2022 US$ 10
1890s 210.87 million constant 2022 US$ 181.12 million constant 2022 US$ 246.34 million constant 2022 US$ 10
1900s 231.50 million constant 2022 US$ 204.13 million constant 2022 US$ 285.43 million constant 2022 US$ 10
1910s 303.13 million constant 2022 US$ 235.63 million constant 2022 US$ 339.39 million constant 2022 US$ 10
1920s 387.78 million constant 2022 US$ 246.03 million constant 2022 US$ 686.25 million constant 2022 US$ 10
1930s 1.04 billion constant 2022 US$ 700.41 million constant 2022 US$ 1.38 billion constant 2022 US$ 10
1940s 1.02 billion constant 2022 US$ 709.53 million constant 2022 US$ 1.36 billion constant 2022 US$ 10
1950s 3.62 billion constant 2022 US$ 2.34 billion constant 2022 US$ 4.39 billion constant 2022 US$ 10
1960s 4.55 billion constant 2022 US$ 3.39 billion constant 2022 US$ 5.92 billion constant 2022 US$ 10
1970s 5.53 billion constant 2022 US$ 5.00 billion constant 2022 US$ 6.76 billion constant 2022 US$ 10
1980s 5.83 billion constant 2022 US$ 4.50 billion constant 2022 US$ 6.76 billion constant 2022 US$ 10
1990s 2.24 billion constant 2022 US$ 1.40 billion constant 2022 US$ 4.64 billion constant 2022 US$ 10
2000s 2.39 billion constant 2022 US$ 1.53 billion constant 2022 US$ 3.34 billion constant 2022 US$ 10
2010s 3.65 billion constant 2022 US$ 2.68 billion constant 2022 US$ 6.29 billion constant 2022 US$ 10
2020s 6.39 billion constant 2022 US$ 6.15 billion constant 2022 US$ 6.50 billion constant 2022 US$ 4

Countries ranked near Romania

  1. 39 Switzerland 7.40 billion constant 2022 US$ compare
  2. 40 Vietnam 6.74 billion constant 2022 US$ compare
  3. 41 Finland 6.73 billion constant 2022 US$ compare
  4. 43 Iraq 6.46 billion constant 2022 US$ compare
  5. 44 Philippines 6.33 billion constant 2022 US$ compare
  6. 45 Chile 6.31 billion constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Romania

All data for Romania →

Frequently asked questions

What is military spending in Romania?
Military spending in Romania was 6.50 billion constant 2022 US$ in 2023, according to Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in Romania?
The highest recorded value was 6.76 billion constant 2022 US$ in 1989.
What is the lowest military spending recorded in Romania?
The lowest recorded value was 112.40 million constant 2022 US$ in 1881.
How does Romania rank for military spending?
Romania ranks 42nd out of 172 countries with data for 2023.
Is military spending rising or falling in Romania?
Over the last ten years it is up 132.3%. The long-run trend across the full record is volatile.
Where does this Romania data come from?
The figures come from Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 146 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.