Euro Area Military Spending/Defense Budget 1960-2024
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).
- Euro Area military spending/defense budget for 2022 was $215.46B, a 1.46% decline from 2021.
- Euro Area military spending/defense budget for 2021 was $218.65B, a 9.35% increase from 2020.
- Euro Area military spending/defense budget for 2020 was $199.95B, a 9.25% increase from 2019.
- Euro Area military spending/defense budget for 2019 was $183.02B, a 0.21% decline from 2018.
| Euro Area Military Spending/Defense Budget - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2022 |
$215.46B |
1.54% |
| 2021 |
$218.65B |
1.49% |
| 2020 |
$199.95B |
1.52% |
| 2019 |
$183.02B |
1.36% |
| 2018 |
$183.40B |
1.33% |
| 2017 |
$168.42B |
1.33% |
| 2016 |
$159.56B |
1.33% |
| 2015 |
$152.70B |
1.30% |
| 2014 |
$179.67B |
1.33% |
| 2013 |
$180.66B |
1.36% |
| 2012 |
$179.65B |
1.42% |
| 2011 |
$194.18B |
1.42% |
| 2010 |
$187.81B |
1.48% |
| 2009 |
$201.16B |
1.55% |
| 2008 |
$207.59B |
1.47% |
| 2007 |
$184.32B |
1.43% |
| 2006 |
$164.79B |
1.47% |
| 2005 |
$154.87B |
1.47% |
| 2004 |
$158.48B |
1.56% |
| 2003 |
$139.55B |
1.57% |
| 2002 |
$113.31B |
1.58% |
| 2001 |
$105.11B |
1.59% |
| 2000 |
$106.56B |
1.64% |
| 1999 |
$119.79B |
1.68% |
| 1998 |
$120.95B |
1.70% |
| 1997 |
$121.21B |
1.75% |
| 1996 |
$135.29B |
1.78% |
| 1995 |
$134.91B |
1.80% |
| 1994 |
$123.25B |
1.93% |
| 1993 |
$121.35B |
2.00% |
| 1992 |
$136.15B |
2.07% |
| 1991 |
$128.30B |
2.17% |
| 1990 |
$129.94B |
2.36% |
| 1989 |
$106.37B |
2.43% |
| 1988 |
$108.48B |
2.53% |
| 1987 |
$102.87B |
2.63% |
| 1986 |
$82.86B |
2.63% |
| 1985 |
$60.60B |
2.70% |
| 1984 |
$60.02B |
2.75% |
| 1983 |
$64.09B |
2.82% |
| 1982 |
$66.16B |
2.84% |
| 1981 |
$67.41B |
2.80% |
| 1980 |
$75.34B |
2.72% |
| 1979 |
$67.82B |
2.76% |
| 1978 |
$56.64B |
2.79% |
| 1977 |
$46.11B |
2.81% |
| 1976 |
$40.30B |
2.80% |
| 1975 |
$39.57B |
2.87% |
| 1974 |
$33.61B |
2.83% |
| 1973 |
$29.50B |
2.80% |
| 1972 |
$23.49B |
2.89% |
| 1971 |
$19.11B |
2.84% |
| 1970 |
$16.86B |
2.84% |
| 1969 |
$15.71B |
3.14% |
| 1968 |
$14.93B |
3.31% |
| 1967 |
$14.86B |
3.54% |
| 1966 |
$13.92B |
3.52% |
| 1965 |
$13.13B |
3.56% |
| 1964 |
$12.64B |
3.75% |
| 1963 |
$12.06B |
3.98% |
| 1962 |
$11.00B |
3.98% |
| 1961 |
$9.32B |
3.71% |
| 1960 |
$8.52B |
3.78% |
