Military spending, annual growth rate in Greece

Greece: Military spending, annual growth rate was 1.48 % change on previous year in 2023. ◆ Volatile

Latest (2023)
1.48 % change on previous year
Change on year
down 83.9%
World rank
141st
of 172 countries
All-time high
195.68 % change on previous year
in 1913
All-time low
-56.63 % change on previous year
in 1922
Years of data
192
1829–2023

Military spending, annual growth rate in Greece, 1829–2023

-1000100200182919262023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for military spending, annual growth rate in Greece is 1.48 % change on previous year, measured in 2023.

Compared with earlier readings it is down 83.9% on the previous year and up 115.3% over ten years.

Over the whole period, military spending, annual growth rate in Greece peaked at 195.68 % change on previous year in 1913 and was at its lowest, -56.63 % change on previous year, in 1922.

Greece ranks 141st of 172 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending, annual growth rate in Greece, year by year

Annual values for Military spending, annual growth rate in Greece, 1829 to 2023.
Year % change on previous year Change
1829 11.48 % change on previous year
1830 -4.86 % change on previous year -142.4%
1831 15.29 % change on previous year -414.5%
1832 -1.92 % change on previous year -112.6%
1833 -0.8525 % change on previous year -55.6%
1834 -9.83 % change on previous year +1053.0%
1835 6.43 % change on previous year -165.4%
1836 -12.21 % change on previous year -290.0%
1837 1.76 % change on previous year -114.4%
1838 -0.8573 % change on previous year -148.7%
1839 -4.24 % change on previous year +394.6%
1840 12.09 % change on previous year -385.2%
1841 2.25 % change on previous year -81.4%
1842 -2.31 % change on previous year -202.8%
1843 -0.4895 % change on previous year -78.9%
1844 0.2318 % change on previous year -147.4%
1845 -3.06 % change on previous year -1420.3%
1846 -1.89 % change on previous year -38.3%
1847 -2.74 % change on previous year +45.0%
1848 9.9 % change on previous year -461.7%
1849 3.03 % change on previous year -69.4%
1850 -7.28 % change on previous year -340.5%
1851 9.71 % change on previous year -233.4%
1852 -1.63 % change on previous year -116.8%
1853 -3.77 % change on previous year +130.8%
1854 -1.72 % change on previous year -54.2%
1855 3.5 % change on previous year -303.2%
1856 2.97 % change on previous year -15.3%
1857 -4.77 % change on previous year -260.6%
1858 8.33 % change on previous year -274.7%
1859 7.88 % change on previous year -5.4%
1860 6.91 % change on previous year -12.4%
1861 -11 % change on previous year -259.3%
1862 -1.15 % change on previous year -89.5%
1863 -2.51 % change on previous year +118.4%
1864 4.91 % change on previous year -295.1%
1865 -21.24 % change on previous year -532.9%
1866 8.01 % change on previous year -137.7%
1867 3.99 % change on previous year -50.2%
1868 10.91 % change on previous year +173.6%
1869 -1.19 % change on previous year -110.9%
1870 -7.69 % change on previous year +545.9%
1871 1.42 % change on previous year -118.5%
1872 2.21 % change on previous year +55.1%
1873 11.55 % change on previous year +422.7%
1874 -4.44 % change on previous year -138.4%
1875 3.89 % change on previous year -187.5%
1876 9.93 % change on previous year +155.4%
1877 1.21 % change on previous year -87.8%
1878 18.47 % change on previous year +1426.1%
1879 5.52 % change on previous year -70.1%
1880 -10.89 % change on previous year -297.4%
1881 -0.3622 % change on previous year -96.7%
1882 38.52 % change on previous year -10734.0%
1883 24.72 % change on previous year -35.8%
1884 7.91 % change on previous year -68.0%
1885 2.63 % change on previous year -66.8%
1886 9.34 % change on previous year +255.8%
1887 -11.06 % change on previous year -218.4%
1888 3.52 % change on previous year -131.8%
1889 -1.81 % change on previous year -151.4%
1890 12.98 % change on previous year -818.2%
1891 -8.56 % change on previous year -166.0%
1892 4.96 % change on previous year -158.0%
1893 -1.4 % change on previous year -128.2%
1894 3.53 % change on previous year -352.5%
1895 8.16 % change on previous year +131.3%
1896 1.06 % change on previous year -87.0%
1897 10.14 % change on previous year +855.4%
1898 3.32 % change on previous year -67.3%
1899 2.22 % change on previous year -33.1%
1900 3.28 % change on previous year +47.8%
1901 -4.35 % change on previous year -232.6%
1902 6.53 % change on previous year -250.1%
1903 -1.71 % change on previous year -126.1%
1904 -1.05 % change on previous year -38.3%
1905 7.46 % change on previous year -808.8%
1906 -6.36 % change on previous year -185.3%
1907 -0.2435 % change on previous year -96.2%
1908 4.88 % change on previous year -2102.1%
1909 5.58 % change on previous year +14.4%
1910 -2.55 % change on previous year -145.7%
1911 2.06 % change on previous year -180.8%
1912 -10.11 % change on previous year -591.4%
1913 195.68 % change on previous year -2035.5%
1914 -38.85 % change on previous year -119.9%
1915 3.84 % change on previous year -109.9%
1916 0.7706 % change on previous year -79.9%
1917 154.65 % change on previous year +19967.2%
1918 4.41 % change on previous year -97.1%
1919 5.07 % change on previous year +15.0%
1920 -2.68 % change on previous year -152.8%
1921 167.92 % change on previous year -6368.5%
1922 -56.63 % change on previous year -133.7%
1923 -29.07 % change on previous year -48.7%
1924 -20.38 % change on previous year -29.9%
1925 -8 % change on previous year -60.7%
1926 3.41 % change on previous year -142.6%
1927 -13.04 % change on previous year -482.7%
1928 4.56 % change on previous year -135.0%
1929 -11.88 % change on previous year -360.5%
1930 2.88 % change on previous year -124.2%
1931 -1.54 % change on previous year -153.4%
1932 -8.94 % change on previous year +481.6%
1933 -16.92 % change on previous year +89.3%
1934 43.33 % change on previous year -356.1%
1935 22.16 % change on previous year -48.9%
1936 26.33 % change on previous year +18.8%
1937 8.84 % change on previous year -66.4%
1938 4.18 % change on previous year -52.7%
1939 6.14 % change on previous year +47.1%
1940 47.62 % change on previous year +675.0%
1941 20.89 % change on previous year -56.1%
1945 8.08 % change on previous year -61.3%
1946 -0.8935 % change on previous year -111.1%
1947 -13.8 % change on previous year +1444.7%
1948 20.21 % change on previous year -246.5%
1949 39.74 % change on previous year +96.6%
1950 -19.1 % change on previous year -148.1%
1951 15.52 % change on previous year -181.3%
1952 2.74 % change on previous year -82.4%
1953 -23.19 % change on previous year -947.5%
1954 -7.05 % change on previous year -69.6%
1955 -3.73 % change on previous year -47.1%
1956 28.2 % change on previous year -856.0%
1957 -4.35 % change on previous year -115.4%
1958 -1.92 % change on previous year -55.8%
1959 -3.25 % change on previous year +68.7%
1960 -1.25 % change on previous year -61.5%
1961 6.14 % change on previous year -591.8%
1962 3.59 % change on previous year -41.6%
1963 -1.51 % change on previous year -142.1%
1964 5.33 % change on previous year -453.7%
1965 16.68 % change on previous year +212.7%
1966 8.08 % change on previous year -51.5%
1967 20.11 % change on previous year +148.7%
1968 13.51 % change on previous year -32.8%
1969 11.55 % change on previous year -14.6%
1970 8.73 % change on previous year -24.4%
1971 2.33 % change on previous year -73.3%
1972 6.01 % change on previous year +158.0%
1973 5.4 % change on previous year -10.2%
1974 5.05 % change on previous year -6.5%
1975 41.24 % change on previous year +717.3%
1976 4.57 % change on previous year -88.9%
1977 0.762 % change on previous year -83.3%
1978 11.2 % change on previous year +1370.2%
1979 9.6 % change on previous year -14.3%
1980 -10.49 % change on previous year -209.2%
1981 3.11 % change on previous year -129.7%
1982 4.59 % change on previous year +47.5%
1983 -8.7 % change on previous year -289.6%
1984 7.82 % change on previous year -189.9%
1985 -8.36 % change on previous year -206.9%
1986 1.36 % change on previous year -116.3%
1987 -1.93 % change on previous year -241.7%
1988 12.37 % change on previous year -741.1%
1989 -3.5 % change on previous year -128.3%
1990 1.57 % change on previous year -144.9%
1991 0.2329 % change on previous year -85.2%
1992 8.55 % change on previous year +3570.4%
1993 0.2916 % change on previous year -96.6%
1994 -4.4 % change on previous year -1609.4%
1995 18.66 % change on previous year -524.0%
1996 4.51 % change on previous year -75.8%
1997 1.09 % change on previous year -75.7%
1998 2.46 % change on previous year +125.2%
1999 -5.21 % change on previous year -311.4%
2000 1.63 % change on previous year -131.3%
2001 -1.12 % change on previous year -168.8%
2002 -1.36 % change on previous year +20.8%
2003 -2.16 % change on previous year +59.4%
2004 9.29 % change on previous year -529.6%
2005 10.46 % change on previous year +12.7%
2006 5.14 % change on previous year -50.9%
2007 10.89 % change on previous year +111.9%
2008 12.13 % change on previous year +11.4%
2009 -6.76 % change on previous year -155.7%
2010 -11.99 % change on previous year +77.4%
2011 -14.43 % change on previous year +20.4%
2012 -15.21 % change on previous year +5.4%
2013 -9.66 % change on previous year -36.5%
2014 -1.44 % change on previous year -85.1%
2015 -10.91 % change on previous year +660.3%
2016 -0.1471 % change on previous year -98.7%
2017 5.22 % change on previous year -3648.5%
2018 5.81 % change on previous year +11.3%
2019 9.49 % change on previous year +63.4%
2020 4.31 % change on previous year -54.6%
2021 17.28 % change on previous year +300.9%
2022 9.2 % change on previous year -46.7%
2023 1.48 % change on previous year -83.9%

Greece compared with similar countries

  • Greece's 1.48 % change on previous year is below the median for high income countries, which is 5.57 % change on previous year, 27% of the median. (55 countries reporting)
  • Greece's 1.48 % change on previous year is below the median for Europe & Central Asia, which is 7.48 % change on previous year, 20% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in Greece changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1917 +19967.2% 0.7706 % change on previous year 154.65 % change on previous year
1882 +10734.0% -0.3622 % change on previous year 38.52 % change on previous year
1921 +6368.5% -2.68 % change on previous year 167.92 % change on previous year
2017 +3648.5% -0.1471 % change on previous year 5.22 % change on previous year
1992 +3570.4% 0.2329 % change on previous year 8.55 % change on previous year
1908 +2102.1% -0.2435 % change on previous year 4.88 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1820s 11.48 % change on previous year 11.48 % change on previous year 11.48 % change on previous year 1
1830s -1.13 % change on previous year -12.21 % change on previous year 15.29 % change on previous year 10
1840s 1.7 % change on previous year -3.06 % change on previous year 12.09 % change on previous year 10
1850s 1.32 % change on previous year -7.28 % change on previous year 9.71 % change on previous year 10
1860s -0.2386 % change on previous year -21.24 % change on previous year 10.91 % change on previous year 10
1870s 4.21 % change on previous year -7.69 % change on previous year 18.47 % change on previous year 10
1880s 6.25 % change on previous year -11.06 % change on previous year 38.52 % change on previous year 10
1890s 3.64 % change on previous year -8.56 % change on previous year 12.98 % change on previous year 10
1900s 1.4 % change on previous year -6.36 % change on previous year 7.46 % change on previous year 10
1910s 31.5 % change on previous year -38.85 % change on previous year 195.68 % change on previous year 10
1920s 3.42 % change on previous year -56.63 % change on previous year 167.92 % change on previous year 10
1930s 8.65 % change on previous year -16.92 % change on previous year 43.33 % change on previous year 10
1940s 17.41 % change on previous year -13.8 % change on previous year 47.62 % change on previous year 7
1950s -1.61 % change on previous year -23.19 % change on previous year 28.2 % change on previous year 10
1960s 8.22 % change on previous year -1.51 % change on previous year 20.11 % change on previous year 10
1970s 9.49 % change on previous year 0.762 % change on previous year 41.24 % change on previous year 10
1980s -0.3728 % change on previous year -10.49 % change on previous year 12.37 % change on previous year 10
1990s 2.78 % change on previous year -5.21 % change on previous year 18.66 % change on previous year 10
2000s 3.81 % change on previous year -6.76 % change on previous year 12.13 % change on previous year 10
2010s -4.33 % change on previous year -15.21 % change on previous year 9.49 % change on previous year 10
2020s 8.07 % change on previous year 1.48 % change on previous year 17.28 % change on previous year 4

Countries ranked near Greece

  1. 138 Indonesia 1.67 % change on previous year compare
  2. 139 Guinea-Bissau 1.66 % change on previous year compare
  3. 140 Uzbekistan 1.65 % change on previous year compare
  4. 142 Bhutan 1.41 % change on previous year compare
  5. 143 Iceland 1.4 % change on previous year compare
  6. 144 South Korea 1.35 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Greece

All data for Greece →

Frequently asked questions

What is military spending, annual growth rate in Greece?
Military spending, annual growth rate in Greece was 1.48 % change on previous year in 2023, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Greece?
The highest recorded value was 195.68 % change on previous year in 1913.
What is the lowest military spending, annual growth rate recorded in Greece?
The lowest recorded value was -56.63 % change on previous year in 1922.
How does Greece rank for military spending, annual growth rate?
Greece ranks 141st out of 172 countries with data for 2023.
Is military spending, annual growth rate rising or falling in Greece?
Over the last ten years it is up 115.3%. The long-run trend across the full record is volatile.
Where does this Greece data come from?
The figures come from Statizoid (derived), published as part of Military spending, annual growth rate. Statizoid updates them automatically from the source API.

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Military spending, annual growth rate in Greece. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/greece/

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How this figure is calculated

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.