Slovak Republic - Military expenditure (current LCU)

The value for Military expenditure (current LCU) in Slovak Republic was 1,666,000,000 as of 2019. As the graph below shows, over the past 26 years this indicator reached a maximum value of 1,666,000,000 in 2019 and a minimum value of 272,600,000 in 1993.

Definition: 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.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

Year Value
1993 272,600,000
1994 319,100,000
1995 621,000,000
1996 652,800,000
1997 557,400,000
1998 465,000,000
1999 449,200,000
2000 523,100,000
2001 632,400,000
2002 662,100,000
2003 762,300,000
2004 761,600,000
2005 847,700,000
2006 898,400,000
2007 933,800,000
2008 1,001,000,000
2009 972,000,000
2010 859,000,000
2011 766,000,000
2012 794,000,000
2013 729,000,000
2014 752,000,000
2015 889,000,000
2016 907,000,000
2017 935,000,000
2018 1,098,000,000
2019 1,666,000,000

Periodicity: Annual

General Comments: Data for some countries are based on partial or uncertain data or rough estimates. For additional details please refer to the military expenditure database on the SIPRI website: https://sipri.org/databases/milex

Classification

Topic: Public Sector Indicators

Sub-Topic: Defense & arms trade