Military spending, gaps filled in Portugal

Portugal: Military spending, gaps filled was 5.50 billion constant 2024 US$ in 2025. ▲ Rising

Latest (2025)
5.50 billion constant 2024 US$
Change on year
up 21.7%
World rank
49th
of 162 countries
All-time high
5.50 billion constant 2024 US$
in 2025
All-time low
650.05 million constant 2024 US$
in 1949
Years of data
77
1949–2025

Military spending, gaps filled in Portugal, 1949–2025

1.0B2.0B3.0B4.0B5.0B6.0B194919872025

Source: Statizoid (derived). Measured in constant 2024 US$.

Analysis

In 2025, military spending, gaps filled in Portugal stood at 5.50 billion constant 2024 US$. That is the highest value across all 77 years on record.

Compared with earlier readings it is up 21.7% on the previous year and up 49.3% over ten years.

Over the whole period, military spending, gaps filled in Portugal peaked at 5.50 billion constant 2024 US$ in 2025 and was at its lowest, 650.05 million constant 2024 US$, in 1949.

Portugal ranks 49th of 162 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 77 years of available data.

Military spending, gaps filled in Portugal, year by year

Annual values for Military spending, gaps filled in Portugal, 1949 to 2025.
Year constant 2024 US$ Change
1949 650.05 million constant 2024 US$
1950 699.32 million constant 2024 US$ +7.6%
1951 726.41 million constant 2024 US$ +3.9%
1952 793.42 million constant 2024 US$ +9.2%
1953 918.28 million constant 2024 US$ +15.7%
1954 965.37 million constant 2024 US$ +5.1%
1955 1.03 billion constant 2024 US$ +7.0%
1956 1.03 billion constant 2024 US$ -0.7%
1957 1.05 billion constant 2024 US$ +2.7%
1958 1.08 billion constant 2024 US$ +2.3%
1959 1.21 billion constant 2024 US$ +12.3%
1960 1.26 billion constant 2024 US$ +4.0%
1961 2.02 billion constant 2024 US$ +60.3%
1962 2.29 billion constant 2024 US$ +13.7%
1963 2.24 billion constant 2024 US$ -2.3%
1964 2.44 billion constant 2024 US$ +9.0%
1965 2.44 billion constant 2024 US$ +0.1%
1966 2.57 billion constant 2024 US$ +5.4%
1967 3.16 billion constant 2024 US$ +22.7%
1968 3.32 billion constant 2024 US$ +5.3%
1969 3.12 billion constant 2024 US$ -6.1%
1970 3.47 billion constant 2024 US$ +11.3%
1971 3.79 billion constant 2024 US$ +9.1%
1972 3.79 billion constant 2024 US$ +0.2%
1973 3.59 billion constant 2024 US$ -5.5%
1974 4.20 billion constant 2024 US$ +17.2%
1975 2.77 billion constant 2024 US$ -34.2%
1976 2.22 billion constant 2024 US$ -19.9%
1977 2.04 billion constant 2024 US$ -7.9%
1978 2.06 billion constant 2024 US$ +1.0%
1979 2.10 billion constant 2024 US$ +1.6%
1980 2.27 billion constant 2024 US$ +8.4%
1981 2.26 billion constant 2024 US$ -0.4%
1982 2.26 billion constant 2024 US$ +0.2%
1983 2.18 billion constant 2024 US$ -3.9%
1984 2.03 billion constant 2024 US$ -6.9%
1985 2.05 billion constant 2024 US$ +1.2%
1986 2.31 billion constant 2024 US$ +12.5%
1987 2.40 billion constant 2024 US$ +4.1%
1988 2.66 billion constant 2024 US$ +11.0%
1989 2.80 billion constant 2024 US$ +5.0%
1990 2.88 billion constant 2024 US$ +2.8%
1991 2.96 billion constant 2024 US$ +3.1%
1992 3.04 billion constant 2024 US$ +2.7%
1993 2.95 billion constant 2024 US$ -3.2%
1994 2.87 billion constant 2024 US$ -2.7%
1995 3.08 billion constant 2024 US$ +7.4%
1996 2.97 billion constant 2024 US$ -3.5%
1997 3.03 billion constant 2024 US$ +2.0%
1998 2.97 billion constant 2024 US$ -2.1%
1999 3.12 billion constant 2024 US$ +5.2%
2000 3.21 billion constant 2024 US$ +3.0%
2001 3.34 billion constant 2024 US$ +4.0%
2002 3.43 billion constant 2024 US$ +2.7%
2003 3.34 billion constant 2024 US$ -2.8%
2004 3.57 billion constant 2024 US$ +7.0%
2005 3.85 billion constant 2024 US$ +7.8%
2006 3.71 billion constant 2024 US$ -3.5%
2007 3.48 billion constant 2024 US$ -6.1%
2008 3.56 billion constant 2024 US$ +2.2%
2009 3.85 billion constant 2024 US$ +8.0%
2010 4.01 billion constant 2024 US$ +4.4%
2011 3.72 billion constant 2024 US$ -7.2%
2012 4.03 billion constant 2024 US$ +8.1%
2013 3.75 billion constant 2024 US$ -6.9%
2014 3.40 billion constant 2024 US$ -9.4%
2015 3.69 billion constant 2024 US$ +8.6%
2016 3.79 billion constant 2024 US$ +2.9%
2017 3.65 billion constant 2024 US$ -3.7%
2018 3.61 billion constant 2024 US$ -1.2%
2019 3.72 billion constant 2024 US$ +3.2%
2020 3.65 billion constant 2024 US$ -2.1%
2021 4.09 billion constant 2024 US$ +12.2%
2022 3.83 billion constant 2024 US$ -6.4%
2023 3.62 billion constant 2024 US$ -5.5%
2024 4.52 billion constant 2024 US$ +24.9%
2025 5.50 billion constant 2024 US$ +21.7%

Portugal compared with similar countries

  • Portugal's 5.50 billion constant 2024 US$ is below the median for high income countries, which is 6.82 billion constant 2024 US$, 81% of the median. (54 countries reporting)
  • Portugal's 5.50 billion constant 2024 US$ is above the median for Europe & Central Asia, which is 2.80 billion constant 2024 US$, 2.0× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending, gaps filled in Portugal 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
1961 +60.3% 1.26 billion constant 2024 US$ 2.02 billion constant 2024 US$

Averages by decade

DecadeAverage LowestHighest Years
1940s 650.05 million constant 2024 US$ 650.05 million constant 2024 US$ 650.05 million constant 2024 US$ 1
1950s 949.93 million constant 2024 US$ 699.32 million constant 2024 US$ 1.21 billion constant 2024 US$ 10
1960s 2.49 billion constant 2024 US$ 1.26 billion constant 2024 US$ 3.32 billion constant 2024 US$ 10
1970s 3.00 billion constant 2024 US$ 2.04 billion constant 2024 US$ 4.20 billion constant 2024 US$ 10
1980s 2.32 billion constant 2024 US$ 2.03 billion constant 2024 US$ 2.80 billion constant 2024 US$ 10
1990s 2.99 billion constant 2024 US$ 2.87 billion constant 2024 US$ 3.12 billion constant 2024 US$ 10
2000s 3.53 billion constant 2024 US$ 3.21 billion constant 2024 US$ 3.85 billion constant 2024 US$ 10
2010s 3.74 billion constant 2024 US$ 3.40 billion constant 2024 US$ 4.03 billion constant 2024 US$ 10
2020s 4.20 billion constant 2024 US$ 3.62 billion constant 2024 US$ 5.50 billion constant 2024 US$ 6

Countries ranked near Portugal

  1. 46 Austria 5.88 billion constant 2024 US$ compare
  2. 47 Morocco 5.88 billion constant 2024 US$ compare
  3. 48 Thailand 5.57 billion constant 2024 US$ compare
  4. 50 Chile 5.15 billion constant 2024 US$ compare
  5. 51 Azerbaijan 4.67 billion constant 2024 US$ compare
  6. 52 Myanmar 4.65 billion constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Portugal

All data for Portugal →

Frequently asked questions

What is military spending, gaps filled in Portugal?
Military spending, gaps filled in Portugal was 5.50 billion constant 2024 US$ in 2025, according to Statizoid (derived).
What is the highest military spending, gaps filled recorded in Portugal?
The highest recorded value was 5.50 billion constant 2024 US$ in 2025.
What is the lowest military spending, gaps filled recorded in Portugal?
The lowest recorded value was 650.05 million constant 2024 US$ in 1949.
How does Portugal rank for military spending, gaps filled?
Portugal ranks 49th out of 162 countries with data for 2025.
Is military spending, gaps filled rising or falling in Portugal?
Over the last ten years it is up 49.3%. The long-run trend across the full record is rising.
Where does this Portugal data come from?
The figures come from Statizoid (derived), published as part of Military spending, gaps filled. Statizoid updates them automatically from the source API.

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Military spending, gaps filled in Portugal. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-gaps-filled/portugal/

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How this figure is calculated

Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

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, gaps filled
Unit
constant 2024 US$
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
162 places, 8,449 data points, 1949–2025
Last refreshed

Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.