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.

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.

Download this data

CSV · JSON — 190 observations, free to reuse under CC BY 4.0 (Our World in Data).

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.