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 2021 was $214.87B, a 9.92% increase from 2020.
- Euro Area military spending/defense budget for 2020 was $195.48B, a 6.87% increase from 2019.
- Euro Area military spending/defense budget for 2019 was $182.91B, a 0.26% decline from 2018.
- Euro Area military spending/defense budget for 2018 was $183.39B, a 8.91% increase from 2017.
| Euro Area Military Spending/Defense Budget - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2021 |
$214.87B |
1.50% |
| 2020 |
$195.48B |
1.51% |
| 2019 |
$182.91B |
1.36% |
| 2018 |
$183.39B |
1.34% |
| 2017 |
$168.39B |
1.34% |
| 2016 |
$159.62B |
1.33% |
| 2015 |
$152.73B |
1.31% |
| 2014 |
$179.71B |
1.33% |
| 2013 |
$181.16B |
1.37% |
| 2012 |
$179.79B |
1.42% |
| 2011 |
$194.33B |
1.43% |
| 2010 |
$187.97B |
1.49% |
| 2009 |
$201.24B |
1.56% |
| 2008 |
$207.39B |
1.47% |
| 2007 |
$184.40B |
1.43% |
| 2006 |
$164.85B |
1.48% |
| 2005 |
$154.97B |
1.48% |
| 2004 |
$158.63B |
1.57% |
| 2003 |
$139.59B |
1.58% |
| 2002 |
$113.21B |
1.58% |
| 2001 |
$105.05B |
1.60% |
| 2000 |
$106.44B |
1.64% |
| 1999 |
$119.34B |
1.68% |
| 1998 |
$120.10B |
1.69% |
| 1997 |
$119.99B |
1.74% |
| 1996 |
$133.98B |
1.77% |
| 1995 |
$133.51B |
1.79% |
| 1994 |
$122.16B |
1.91% |
| 1993 |
$120.71B |
2.00% |
| 1992 |
$135.96B |
2.07% |
| 1991 |
$128.82B |
2.17% |
| 1990 |
$130.40B |
2.37% |
| 1989 |
$106.73B |
2.43% |
| 1988 |
$108.81B |
2.53% |
| 1987 |
$103.15B |
2.64% |
| 1986 |
$83.09B |
2.63% |
| 1985 |
$60.76B |
2.70% |
| 1984 |
$60.17B |
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 |
$56.79B |
2.80% |
| 1977 |
$46.25B |
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% |
