Military spending gmsd in Estonia

Estonia: Military spending gmsd was 1.19 billion in 2023. ◆ Volatile

Latest (2023)
1.19 billion
Change on year
up 17.5%
World rank
82nd
of 172 countries
All-time high
1.19 billion
in 2023
All-time low
50.49 million
in 1919
Years of data
56
1918–2023

Military spending gmsd in Estonia, 1918–2023

0250.0M500.0M750.0M1.0B1.2B191819702023

Source: Our World in Data.

Analysis

Estonia recorded 1.19 billion for military spending gmsd in 2023. That is the highest value across all 56 years on record.

The figure is up 17.5% on the previous year and up 118.8% over ten years.

Over the whole period, military spending gmsd in Estonia peaked at 1.19 billion in 2023 and was at its lowest, 50.49 million, in 1919.

That places Estonia 82nd out of 172 countries with data for 2023, putting it in the middle of the range.

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

Military spending gmsd in Estonia, year by year

Annual values for Military spending gmsd in Estonia, 1918 to 2023.
Year Value Change
1918 54.36 million —
1919 50.49 million -7.1%
1920 51.06 million +1.1%
1921 61.78 million +21.0%
1922 64.20 million +3.9%
1923 58.65 million -8.7%
1924 56.98 million -2.8%
1925 61.85 million +8.5%
1926 65.11 million +5.3%
1927 68.55 million +5.3%
1928 69.87 million +1.9%
1929 69.90 million +0.0%
1930 67.28 million -3.7%
1931 67.81 million +0.8%
1932 64.67 million -4.6%
1933 61.64 million -4.7%
1934 79.21 million +28.5%
1935 81.25 million +2.6%
1936 85.38 million +5.1%
1937 87.17 million +2.1%
1938 96.22 million +10.4%
1939 94.14 million -2.2%
1940 95.33 million +1.3%
1991 67.92 million -28.8%
1992 141.75 million +108.7%
1993 131.29 million -7.4%
1994 73.92 million -43.7%
1995 93.77 million +26.9%
1996 107.17 million +14.3%
1997 108.24 million +1.0%
1998 109.85 million +1.5%
1999 121.01 million +10.2%
2000 129.62 million +7.1%
2001 140.85 million +8.7%
2002 171.44 million +21.7%
2003 226.42 million +32.1%
2004 270.58 million +19.5%
2005 279.26 million +3.2%
2006 338.84 million +21.3%
2007 450.47 million +32.9%
2008 493.76 million +9.6%
2009 433.56 million -12.2%
2010 439.18 million +1.3%
2011 462.24 million +5.3%
2012 501.34 million +8.5%
2013 543.83 million +8.5%
2014 554.30 million +1.9%
2015 571.30 million +3.1%
2016 592.26 million +3.7%
2017 691.39 million +16.7%
2018 777.49 million +12.5%
2019 862.53 million +10.9%
2020 918.48 million +6.5%
2021 966.00 million +5.2%
2022 1.01 billion +4.8%
2023 1.19 billion +17.5%

Estonia compared with similar countries

  • Estonia's 1.19 billion is below the median for high income countries, which is 6.50 billion, 18% of the median. (55 countries reporting)
  • Estonia's 1.19 billion is below the median for Europe & Central Asia, which is 2.44 billion, 49% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd in Estonia 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
1992 +108.7% 67.92 million 141.75 million
1994 -43.7% 131.29 million 73.92 million

Averages by decade

DecadeAverage LowestHighest Years
1910s 52.43 million 50.49 million 54.36 million 2
1920s 62.79 million 51.06 million 69.90 million 10
1930s 78.48 million 61.64 million 96.22 million 10
1940s 95.33 million 95.33 million 95.33 million 1
1990s 106.10 million 67.92 million 141.75 million 9
2000s 293.48 million 129.62 million 493.76 million 10
2010s 599.59 million 439.18 million 862.53 million 10
2020s 1.02 billion 918.48 million 1.19 billion 4

Countries ranked near Estonia

  1. 79 Kenya 1.40 billion compare
  2. 80 Belarus 1.36 billion compare
  3. 81 Serbia 1.25 billion compare
  4. 83 Armenia 1.19 billion compare
  5. 84 Uganda 1.15 billion compare
  6. 85 Ethiopia 1.14 billion compare

See the full ranking of 172 places →

More reference data data for Estonia

All data for Estonia →

Frequently asked questions

What is military spending gmsd in Estonia?
Military spending gmsd in Estonia was 1.19 billion in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Estonia?
The highest recorded value was 1.19 billion in 2023.
What is the lowest military spending gmsd recorded in Estonia?
The lowest recorded value was 50.49 million in 1919.
How does Estonia rank for military spending gmsd?
Estonia ranks 82nd out of 172 countries with data for 2023.
Is military spending gmsd rising or falling in Estonia?
Over the last ten years it is up 118.8%. The long-run trend across the full record is volatile.
Where does this Estonia data come from?
The figures come from Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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Military spending gmsd in Estonia. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/estonia/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed