Euro Area Military Spending/Defense Budget 1960-2022

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 2020 was $194.71B, a 6.46% increase from 2019.
  • Euro Area military spending/defense budget for 2019 was $182.90B, a 0.29% decline from 2018.
  • Euro Area military spending/defense budget for 2018 was $183.43B, a 8.91% increase from 2017.
  • Euro Area military spending/defense budget for 2017 was $168.42B, a 5.49% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
World $1,928.85B
OECD members $1,282.14B
North America $800.99B
East Asia & Pacific $428.86B
European Union $232.81B
Euro Area $194.71B
South Asia $90.10B
Latin America & Caribbean $51.88B
Sub-Saharan Africa $17.62B
Euro Area Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2020 $194.71B 1.54%
2019 $182.90B 1.37%
2018 $183.43B 1.34%
2017 $168.42B 1.34%
2016 $159.65B 1.33%
2015 $152.76B 1.31%
2014 $179.74B 1.33%
2013 $181.19B 1.37%
2012 $179.82B 1.42%
2011 $194.35B 1.43%
2010 $188.00B 1.49%
2009 $201.26B 1.56%
2008 $207.42B 1.47%
2007 $184.42B 1.44%
2006 $164.87B 1.48%
2005 $154.99B 1.48%
2004 $158.65B 1.57%
2003 $139.60B 1.58%
2002 $113.23B 1.58%
2001 $105.06B 1.60%
2000 $106.45B 1.64%
1999 $119.35B 1.68%
1998 $120.11B 1.69%
1997 $120.01B 1.74%
1996 $134.00B 1.77%
1995 $133.52B 1.79%
1994 $122.17B 1.91%
1993 $120.72B 2.00%
1992 $135.97B 2.07%
1991 $128.83B 2.17%
1990 $130.41B 2.37%
1989 $106.74B 2.43%
1988 $108.82B 2.53%
1987 $103.15B 2.64%
1986 $83.10B 2.63%
1985 $60.76B 2.70%
1984 $60.18B 2.76%
1983 $64.26B 2.83%
1982 $66.36B 2.85%
1981 $67.62B 2.81%
1980 $75.56B 2.73%
1979 $68.00B 2.77%
1978 $56.80B 2.80%
1977 $46.26B 2.82%
1976 $40.46B 2.81%
1975 $39.76B 2.88%
1974 $33.85B 2.85%
1973 $29.66B 2.82%
1972 $23.63B 2.91%
1971 $19.24B 2.86%
1970 $16.97B 2.86%
1969 $15.80B 3.05%
1968 $15.02B 3.30%
1967 $14.94B 3.34%
1966 $13.98B 3.37%
1965 $13.18B 3.34%
1964 $12.70B 3.47%
1963 $12.11B 3.55%
1962 $11.05B 3.75%
1961 $9.36B 3.73%
1960 $8.54B 3.82%