Military spending in Belgium

Belgium: Military spending was 8.46 billion constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
8.46 billion constant 2022 US$
Change on year
up 8.0%
World rank
35th
of 172 countries
All-time high
10.06 billion constant 2022 US$
in 1979
All-time low
168.65 million constant 2022 US$
in 1865
Years of data
190
1830–2023

Military spending in Belgium, 1830–2023

02.0B4.0B6.0B8.0B10.0B183019262023

Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

In 2023, military spending in Belgium stood at 8.46 billion constant 2022 US$.

The figure is up 8.0% on the previous year and up 46.3% over ten years.

Over the whole period, military spending in Belgium peaked at 10.06 billion constant 2022 US$ in 1979 and was at its lowest, 168.65 million constant 2022 US$, in 1865.

That places Belgium 35th out of 172 countries with data for 2023, putting it in the top quarter.

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

Military spending in Belgium, year by year

Annual values for Military spending in Belgium, 1830 to 2023.
Year constant 2022 US$ Change
1830 281.13 million constant 2022 US$
1831 333.96 million constant 2022 US$ +18.8%
1832 297.98 million constant 2022 US$ -10.8%
1833 267.23 million constant 2022 US$ -10.3%
1834 218.88 million constant 2022 US$ -18.1%
1835 209.42 million constant 2022 US$ -4.3%
1836 187.45 million constant 2022 US$ -10.5%
1837 195.53 million constant 2022 US$ +4.3%
1838 193.85 million constant 2022 US$ -0.9%
1839 196.94 million constant 2022 US$ +1.6%
1840 189.02 million constant 2022 US$ -4.0%
1841 174.57 million constant 2022 US$ -7.6%
1842 172.39 million constant 2022 US$ -1.3%
1843 181.88 million constant 2022 US$ +5.5%
1844 174.91 million constant 2022 US$ -3.8%
1845 178.94 million constant 2022 US$ +2.3%
1846 171.59 million constant 2022 US$ -4.1%
1847 170.72 million constant 2022 US$ -0.5%
1848 193.07 million constant 2022 US$ +13.1%
1849 192.82 million constant 2022 US$ -0.1%
1850 179.27 million constant 2022 US$ -7.0%
1851 210.91 million constant 2022 US$ +17.6%
1852 208.15 million constant 2022 US$ -1.3%
1853 218.70 million constant 2022 US$ +5.1%
1854 205.61 million constant 2022 US$ -6.0%
1855 206.13 million constant 2022 US$ +0.3%
1856 209.48 million constant 2022 US$ +1.6%
1857 188.18 million constant 2022 US$ -10.2%
1858 203.72 million constant 2022 US$ +8.3%
1859 220.17 million constant 2022 US$ +8.1%
1860 212.39 million constant 2022 US$ -3.5%
1861 200.60 million constant 2022 US$ -5.6%
1862 200.95 million constant 2022 US$ +0.2%
1863 203.70 million constant 2022 US$ +1.4%
1864 221.13 million constant 2022 US$ +8.6%
1865 168.65 million constant 2022 US$ -23.7%
1866 174.43 million constant 2022 US$ +3.4%
1867 177.84 million constant 2022 US$ +2.0%
1868 190.55 million constant 2022 US$ +7.1%
1869 190.26 million constant 2022 US$ -0.2%
1870 191.90 million constant 2022 US$ +0.9%
1871 187.50 million constant 2022 US$ -2.3%
1872 185.81 million constant 2022 US$ -0.9%
1873 199.38 million constant 2022 US$ +7.3%
1874 205.91 million constant 2022 US$ +3.3%
1875 220.91 million constant 2022 US$ +7.3%
1876 244.14 million constant 2022 US$ +10.5%
1877 214.92 million constant 2022 US$ -12.0%
1878 234.00 million constant 2022 US$ +8.9%
1879 231.76 million constant 2022 US$ -1.0%
1880 219.40 million constant 2022 US$ -5.3%
1881 216.41 million constant 2022 US$ -1.4%
1882 223.44 million constant 2022 US$ +3.3%
1883 228.41 million constant 2022 US$ +2.2%
1884 241.20 million constant 2022 US$ +5.6%
1885 222.63 million constant 2022 US$ -7.7%
1886 242.46 million constant 2022 US$ +8.9%
1887 224.51 million constant 2022 US$ -7.4%
1888 241.75 million constant 2022 US$ +7.7%
1889 247.05 million constant 2022 US$ +2.2%
1890 264.14 million constant 2022 US$ +6.9%
1891 240.55 million constant 2022 US$ -8.9%
1892 250.84 million constant 2022 US$ +4.3%
1893 246.86 million constant 2022 US$ -1.6%
1894 269.92 million constant 2022 US$ +9.3%
1895 292.08 million constant 2022 US$ +8.2%
1896 286.93 million constant 2022 US$ -1.8%
1897 292.09 million constant 2022 US$ +1.8%
1898 303.36 million constant 2022 US$ +3.9%
1899 310.20 million constant 2022 US$ +2.3%
1900 326.19 million constant 2022 US$ +5.2%
1901 318.32 million constant 2022 US$ -2.4%
1902 319.98 million constant 2022 US$ +0.5%
1903 324.79 million constant 2022 US$ +1.5%
1904 308.51 million constant 2022 US$ -5.0%
1905 330.04 million constant 2022 US$ +7.0%
1906 332.61 million constant 2022 US$ +0.8%
1907 326.30 million constant 2022 US$ -1.9%
1908 316.31 million constant 2022 US$ -3.1%
1909 337.50 million constant 2022 US$ +6.7%
1910 324.66 million constant 2022 US$ -3.8%
1911 345.25 million constant 2022 US$ +6.3%
1912 355.34 million constant 2022 US$ +2.9%
1913 406.95 million constant 2022 US$ +14.5%
1914 191.88 million constant 2022 US$ -52.8%
1915 248.39 million constant 2022 US$ +29.4%
1916 383.02 million constant 2022 US$ +54.2%
1917 420.31 million constant 2022 US$ +9.7%
1918 518.34 million constant 2022 US$ +23.3%
1919 460.68 million constant 2022 US$ -11.1%
1920 398.06 million constant 2022 US$ -13.6%
1921 471.03 million constant 2022 US$ +18.3%
1922 470.97 million constant 2022 US$ -0.0%
1923 419.91 million constant 2022 US$ -10.8%
1924 360.37 million constant 2022 US$ -14.2%
1925 339.55 million constant 2022 US$ -5.8%
1926 303.58 million constant 2022 US$ -10.6%
1927 320.66 million constant 2022 US$ +5.6%
1928 366.88 million constant 2022 US$ +14.4%
1929 417.12 million constant 2022 US$ +13.7%
1930 502.58 million constant 2022 US$ +20.5%
1931 577.51 million constant 2022 US$ +14.9%
1932 619.90 million constant 2022 US$ +7.3%
1933 682.51 million constant 2022 US$ +10.1%
1934 934.71 million constant 2022 US$ +37.0%
1935 884.57 million constant 2022 US$ -5.4%
1936 906.76 million constant 2022 US$ +2.5%
1937 909.91 million constant 2022 US$ +0.3%
1938 1.08 billion constant 2022 US$ +18.5%
1939 975.16 million constant 2022 US$ -9.5%
1940 6.73 billion constant 2022 US$ +590.6%
1945 7.14 billion constant 2022 US$ +6.1%
1946 6.49 billion constant 2022 US$ -9.1%
1947 5.55 billion constant 2022 US$ -14.6%
1948 3.88 billion constant 2022 US$ -30.1%
1949 2.07 billion constant 2022 US$ -46.7%
1950 1.75 billion constant 2022 US$ -15.4%
1951 2.60 billion constant 2022 US$ +48.5%
1952 3.88 billion constant 2022 US$ +49.2%
1953 3.85 billion constant 2022 US$ -0.6%
1954 3.60 billion constant 2022 US$ -6.7%
1955 3.09 billion constant 2022 US$ -14.2%
1956 3.31 billion constant 2022 US$ +7.2%
1957 3.33 billion constant 2022 US$ +0.6%
1958 3.20 billion constant 2022 US$ -3.9%
1959 3.02 billion constant 2022 US$ -5.5%
1960 2.94 billion constant 2022 US$ -2.9%
1961 3.17 billion constant 2022 US$ +8.1%
1962 3.30 billion constant 2022 US$ +3.9%
1963 3.51 billion constant 2022 US$ +6.5%
1964 3.90 billion constant 2022 US$ +11.0%
1965 4.02 billion constant 2022 US$ +3.1%
1966 4.17 billion constant 2022 US$ +3.7%
1967 4.33 billion constant 2022 US$ +3.8%
1968 4.55 billion constant 2022 US$ +4.9%
1969 4.76 billion constant 2022 US$ +4.8%
1970 4.94 billion constant 2022 US$ +3.6%
1971 5.22 billion constant 2022 US$ +5.7%
1972 5.83 billion constant 2022 US$ +11.8%
1973 6.06 billion constant 2022 US$ +3.9%
1974 6.47 billion constant 2022 US$ +6.8%
1975 7.38 billion constant 2022 US$ +14.0%
1976 7.82 billion constant 2022 US$ +6.0%
1977 8.45 billion constant 2022 US$ +8.1%
1978 8.84 billion constant 2022 US$ +4.6%
1979 10.06 billion constant 2022 US$ +13.7%
1980 9.07 billion constant 2022 US$ -9.8%
1981 8.24 billion constant 2022 US$ -9.2%
1982 7.42 billion constant 2022 US$ -9.9%
1983 7.08 billion constant 2022 US$ -4.7%
1984 6.97 billion constant 2022 US$ -1.5%
1985 6.98 billion constant 2022 US$ +0.2%
1986 7.97 billion constant 2022 US$ +14.2%
1987 8.06 billion constant 2022 US$ +1.1%
1988 7.73 billion constant 2022 US$ -4.0%
1989 7.31 billion constant 2022 US$ -5.5%
1990 6.83 billion constant 2022 US$ -6.5%
1991 6.77 billion constant 2022 US$ -0.9%
1992 6.73 billion constant 2022 US$ -0.7%
1993 6.66 billion constant 2022 US$ -1.0%
1994 6.70 billion constant 2022 US$ +0.6%
1995 6.90 billion constant 2022 US$ +3.0%
1996 6.53 billion constant 2022 US$ -5.4%
1997 6.30 billion constant 2022 US$ -3.6%
1998 5.88 billion constant 2022 US$ -6.5%
1999 5.75 billion constant 2022 US$ -2.2%
2000 5.41 billion constant 2022 US$ -6.1%
2001 5.46 billion constant 2022 US$ +1.1%
2002 5.39 billion constant 2022 US$ -1.4%
2003 5.49 billion constant 2022 US$ +1.9%
2004 6.25 billion constant 2022 US$ +13.8%
2005 5.74 billion constant 2022 US$ -8.1%
2006 5.86 billion constant 2022 US$ +2.1%
2007 6.48 billion constant 2022 US$ +10.5%
2008 6.88 billion constant 2022 US$ +6.2%
2009 6.67 billion constant 2022 US$ -3.1%
2010 6.39 billion constant 2022 US$ -4.2%
2011 6.24 billion constant 2022 US$ -2.4%
2012 5.94 billion constant 2022 US$ -4.7%
2013 5.78 billion constant 2022 US$ -2.8%
2014 5.54 billion constant 2022 US$ -4.2%
2015 5.09 billion constant 2022 US$ -8.0%
2016 4.91 billion constant 2022 US$ -3.6%
2017 5.47 billion constant 2022 US$ +11.4%
2018 5.84 billion constant 2022 US$ +6.7%
2019 6.34 billion constant 2022 US$ +8.6%
2020 6.68 billion constant 2022 US$ +5.3%
2021 7.44 billion constant 2022 US$ +11.4%
2022 7.83 billion constant 2022 US$ +5.3%
2023 8.46 billion constant 2022 US$ +8.0%

Belgium compared with similar countries

  • Belgium's 8.46 billion constant 2022 US$ is above the median for high income countries, which is 6.50 billion constant 2022 US$, 1.3× the median. (55 countries reporting)
  • Belgium's 8.46 billion constant 2022 US$ is above the median for Europe & Central Asia, which is 2.44 billion constant 2022 US$, 3.5× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending in Belgium 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
1940 +590.6% 975.16 million constant 2022 US$ 6.73 billion constant 2022 US$
1914 -52.8% 406.95 million constant 2022 US$ 191.88 million constant 2022 US$
1916 +54.2% 248.39 million constant 2022 US$ 383.02 million constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1830s 238.24 million constant 2022 US$ 187.45 million constant 2022 US$ 333.96 million constant 2022 US$ 10
1840s 179.99 million constant 2022 US$ 170.72 million constant 2022 US$ 193.07 million constant 2022 US$ 10
1850s 205.03 million constant 2022 US$ 179.27 million constant 2022 US$ 220.17 million constant 2022 US$ 10
1860s 194.05 million constant 2022 US$ 168.65 million constant 2022 US$ 221.13 million constant 2022 US$ 10
1870s 211.62 million constant 2022 US$ 185.81 million constant 2022 US$ 244.14 million constant 2022 US$ 10
1880s 230.73 million constant 2022 US$ 216.41 million constant 2022 US$ 247.05 million constant 2022 US$ 10
1890s 275.70 million constant 2022 US$ 240.55 million constant 2022 US$ 310.20 million constant 2022 US$ 10
1900s 324.06 million constant 2022 US$ 308.51 million constant 2022 US$ 337.50 million constant 2022 US$ 10
1910s 365.48 million constant 2022 US$ 191.88 million constant 2022 US$ 518.34 million constant 2022 US$ 10
1920s 386.81 million constant 2022 US$ 303.58 million constant 2022 US$ 471.03 million constant 2022 US$ 10
1930s 807.14 million constant 2022 US$ 502.58 million constant 2022 US$ 1.08 billion constant 2022 US$ 10
1940s 5.31 billion constant 2022 US$ 2.07 billion constant 2022 US$ 7.14 billion constant 2022 US$ 6
1950s 3.16 billion constant 2022 US$ 1.75 billion constant 2022 US$ 3.88 billion constant 2022 US$ 10
1960s 3.87 billion constant 2022 US$ 2.94 billion constant 2022 US$ 4.76 billion constant 2022 US$ 10
1970s 7.11 billion constant 2022 US$ 4.94 billion constant 2022 US$ 10.06 billion constant 2022 US$ 10
1980s 7.68 billion constant 2022 US$ 6.97 billion constant 2022 US$ 9.07 billion constant 2022 US$ 10
1990s 6.51 billion constant 2022 US$ 5.75 billion constant 2022 US$ 6.90 billion constant 2022 US$ 10
2000s 5.96 billion constant 2022 US$ 5.39 billion constant 2022 US$ 6.88 billion constant 2022 US$ 10
2010s 5.75 billion constant 2022 US$ 4.91 billion constant 2022 US$ 6.39 billion constant 2022 US$ 10
2020s 7.60 billion constant 2022 US$ 6.68 billion constant 2022 US$ 8.46 billion constant 2022 US$ 4

Countries ranked near Belgium

  1. 32 Sweden 9.90 billion constant 2022 US$ compare
  2. 33 Kuwait 9.79 billion constant 2022 US$ compare
  3. 34 Greece 9.38 billion constant 2022 US$ compare
  4. 36 Denmark 8.01 billion constant 2022 US$ compare
  5. 37 Thailand 7.79 billion constant 2022 US$ compare
  6. 38 Oman 7.65 billion constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Belgium

All data for Belgium →

Frequently asked questions

What is military spending in Belgium?
Military spending in Belgium was 8.46 billion constant 2022 US$ in 2023, according to Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in Belgium?
The highest recorded value was 10.06 billion constant 2022 US$ in 1979.
What is the lowest military spending recorded in Belgium?
The lowest recorded value was 168.65 million constant 2022 US$ in 1865.
How does Belgium rank for military spending?
Belgium ranks 35th out of 172 countries with data for 2023.
Is military spending rising or falling in Belgium?
Over the last ten years it is up 46.3%. The long-run trend across the full record is volatile.
Where does this Belgium data come from?
The figures come from Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

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Military spending in Belgium. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/belgium/

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About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.