Military spending, annual growth rate in Greece

Greece: Military spending, annual growth rate was 5.61 % change on previous year in 2025. ◆ Volatile

Latest (2025)
5.61 % change on previous year
Change on year
up 136.9%
World rank
88th
of 159 countries
All-time high
36.89 % change on previous year
in 2021
All-time low
-24.53 % change on previous year
in 2023
Years of data
76
1950–2025

Military spending, annual growth rate in Greece, 1950–2025

-2002040195019872025

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

Analysis

The most recent figure for military spending, annual growth rate in Greece is 5.61 % change on previous year, measured in 2025.

The figure is up 136.9% on the previous year and down 7.2% over ten years.

Over the whole period, military spending, annual growth rate in Greece peaked at 36.89 % change on previous year in 2021 and was at its lowest, -24.53 % change on previous year, in 2023.

Greece ranks 88th of 159 countries on this measure, in the middle of the range.

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, 1950 to 2025.
Year % change on previous year Change
1950 12.09 % change on previous year
1951 17.85 % change on previous year +47.6%
1952 -3.42 % change on previous year -119.2%
1953 -4.39 % change on previous year +28.3%
1954 7.69 % change on previous year -275.0%
1955 1.71 % change on previous year -77.7%
1956 29.15 % change on previous year +1600.1%
1957 4.18 % change on previous year -85.6%
1958 -1.52 % change on previous year -136.4%
1959 3.54 % change on previous year -332.0%
1960 6.23 % change on previous year +76.1%
1961 -3.27 % change on previous year -152.4%
1962 1.69 % change on previous year -151.7%
1963 2.53 % change on previous year +49.7%
1964 3.94 % change on previous year +55.8%
1965 8.17 % change on previous year +107.5%
1966 8.54 % change on previous year +4.5%
1967 28.76 % change on previous year +236.7%
1968 16.78 % change on previous year -41.7%
1969 13.2 % change on previous year -21.4%
1970 7.89 % change on previous year -40.2%
1971 5.7 % change on previous year -27.7%
1972 6.61 % change on previous year +15.9%
1973 0.5573 % change on previous year -91.6%
1974 24.19 % change on previous year +4241.5%
1975 28.64 % change on previous year +18.4%
1976 9.44 % change on previous year -67.1%
1977 6.01 % change on previous year -36.3%
1978 2.14 % change on previous year -64.3%
1979 -3.13 % change on previous year -245.9%
1980 -13.51 % change on previous year +331.9%
1981 18.37 % change on previous year -235.9%
1982 2.04 % change on previous year -88.9%
1983 -8.78 % change on previous year -530.9%
1984 -1.84 % change on previous year -79.0%
1985 -0.7508 % change on previous year -59.3%
1986 -14.55 % change on previous year +1838.0%
1987 -0.2198 % change on previous year -98.5%
1988 5.74 % change on previous year -2711.8%
1989 -6.24 % change on previous year -208.7%
1990 1.1 % change on previous year -117.7%
1991 -5.16 % change on previous year -567.9%
1992 3.92 % change on previous year -176.0%
1993 -2.39 % change on previous year -161.0%
1994 1.72 % change on previous year -172.0%
1995 2.14 % change on previous year +24.1%
1996 5.99 % change on previous year +180.1%
1997 6.56 % change on previous year +9.6%
1998 8.97 % change on previous year +36.7%
1999 4.69 % change on previous year -47.7%
2000 5.54 % change on previous year +18.1%
2001 -2.2 % change on previous year -139.7%
2002 -1.91 % change on previous year -13.4%
2003 -14.33 % change on previous year +651.7%
2004 9.94 % change on previous year -169.4%
2005 8.13 % change on previous year -18.2%
2006 3.97 % change on previous year -51.2%
2007 -0.0794 % change on previous year -102.0%
2008 11.17 % change on previous year -14166.5%
2009 4.85 % change on previous year -56.6%
2010 -23.15 % change on previous year -577.8%
2011 -19.49 % change on previous year -15.8%
2012 -11.55 % change on previous year -40.7%
2013 -6.62 % change on previous year -42.7%
2014 -0.8151 % change on previous year -87.7%
2015 6.05 % change on previous year -842.0%
2016 4.17 % change on previous year -31.1%
2017 -0.0798 % change on previous year -101.9%
2018 6.89 % change on previous year -8727.1%
2019 -1.67 % change on previous year -124.3%
2020 6.67 % change on previous year -499.0%
2021 36.89 % change on previous year +453.1%
2022 8.05 % change on previous year -78.2%
2023 -24.53 % change on previous year -404.6%
2024 2.37 % change on previous year -109.7%
2025 5.61 % change on previous year +136.9%

Greece compared with similar countries

  • Greece's 5.61 % change on previous year is below the median for high income countries, which is 9.35 % change on previous year, 60% of the median. (52 countries reporting)
  • Greece's 5.61 % change on previous year is below the median for Europe & Central Asia, which is 11.12 % change on previous year, 50% of the median. (47 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
2008 +14166.5% -0.0794 % change on previous year 11.17 % change on previous year
2018 +8727.1% -0.0798 % change on previous year 6.89 % change on previous year
1974 +4241.5% 0.5573 % change on previous year 24.19 % change on previous year
1988 +2711.8% -0.2198 % change on previous year 5.74 % change on previous year
1986 -1838.0% -0.7508 % change on previous year -14.55 % change on previous year
1956 +1600.1% 1.71 % change on previous year 29.15 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1950s 6.69 % change on previous year -4.39 % change on previous year 29.15 % change on previous year 10
1960s 8.66 % change on previous year -3.27 % change on previous year 28.76 % change on previous year 10
1970s 8.81 % change on previous year -3.13 % change on previous year 28.64 % change on previous year 10
1980s -1.97 % change on previous year -14.55 % change on previous year 18.37 % change on previous year 10
1990s 2.76 % change on previous year -5.16 % change on previous year 8.97 % change on previous year 10
2000s 2.51 % change on previous year -14.33 % change on previous year 11.17 % change on previous year 10
2010s -4.63 % change on previous year -23.15 % change on previous year 6.89 % change on previous year 10
2020s 5.84 % change on previous year -24.53 % change on previous year 36.89 % change on previous year 6

Countries ranked near Greece

  1. 85 Uzbekistan 5.82 % change on previous year compare
  2. 86 Tanzania 5.8 % change on previous year compare
  3. 87 Bahrain 5.76 % change on previous year compare
  4. 89 Gabon 5.57 % change on previous year compare
  5. 90 Nicaragua 5.46 % change on previous year compare
  6. 91 Fiji 5.08 % change on previous year compare

See the full ranking of 159 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 5.61 % change on previous year in 2025, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Greece?
The highest recorded value was 36.89 % change on previous year in 2021.
What is the lowest military spending, annual growth rate recorded in Greece?
The lowest recorded value was -24.53 % change on previous year in 2023.
How does Greece rank for military spending, annual growth rate?
Greece ranks 88th out of 159 countries with data for 2025.
Is military spending, annual growth rate rising or falling in Greece?
Over the last ten years it is down 7.2%. 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/greece/

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<a href="https://reference.statizoid.com/stat/military-spending-annual-growth-rate/greece/">Military spending, annual growth rate in Greece</a> — Statizoid

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
159 places, 7,905 data points, 1950–2025
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.