Euro Area Military Spending/Defense Budget 1960-2021

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 2019 was $184.34B, a 0.7% increase from 2018.
  • Euro Area military spending/defense budget for 2018 was $183.05B, a 8.6% increase from 2017.
  • Euro Area military spending/defense budget for 2017 was $168.56B, a 5.67% increase from 2016.
  • Euro Area military spending/defense budget for 2016 was $159.52B, a 5.21% increase from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
World $1,868.08B
OECD members $1,208.89B
North America $753.95B
East Asia & Pacific $426.59B
European Union $219.62B
Euro Area $184.34B
South Asia $88.06B
Latin America & Caribbean $61.51B
Sub-Saharan Africa $17.63B
Euro Area Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2019 $184.34B 1.39%
2018 $183.05B 1.34%
2017 $168.56B 1.34%
2016 $159.52B 1.33%
2015 $151.61B 1.30%
2014 $179.29B 1.33%
2013 $181.81B 1.38%
2012 $180.49B 1.43%
2011 $195.95B 1.44%
2010 $189.82B 1.50%
2009 $202.85B 1.58%
2008 $208.78B 1.48%
2007 $185.43B 1.44%
2006 $165.43B 1.48%
2005 $161.06B 1.53%
2004 $159.23B 1.57%
2003 $140.14B 1.59%
2002 $113.67B 1.59%
2001 $105.48B 1.60%
2000 $106.88B 1.61%
1999 $119.85B 1.65%
1998 $120.61B 1.50%
1997 $120.51B 1.55%
1996 $134.59B 1.60%
1995 $134.14B 1.63%
1994 $122.72B 1.72%
1993 $121.29B 1.84%
1992 $136.61B 2.00%
1991 $129.43B 2.12%
1990 $131.05B 2.51%
1989 $107.25B 2.52%
1988 $109.35B 2.63%
1987 $103.67B 2.76%
1986 $83.52B 2.76%
1985 $61.07B 2.82%
1984 $60.48B 2.89%
1983 $64.60B 2.98%
1982 $66.70B 2.99%
1981 $67.97B 3.00%
1980 $75.97B 2.94%
1979 $68.38B 2.94%
1978 $57.12B 3.01%
1977 $46.52B 3.01%
1976 $40.69B 3.08%
1975 $39.99B 3.20%
1974 $34.06B 3.16%
1973 $29.85B 3.09%
1972 $23.77B 3.10%
1971 $19.35B 3.03%
1970 $17.06B 3.01%
1969 $15.88B 3.05%
1968 $15.09B 3.30%
1967 $15.02B 3.34%
1966 $14.06B 3.37%
1965 $13.26B 3.34%
1964 $12.77B 3.47%
1963 $12.18B 3.55%
1962 $11.11B 3.75%
1961 $9.41B 3.73%
1960 $8.59B 3.82%