Military spending in Greece
Greece: Military spending was 9.38 billion constant 2022 US$ in 2023. ◆ Volatile
Military spending in Greece, 1828–2023
Source: Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.
Analysis
The most recent figure for military spending in Greece is 9.38 billion constant 2022 US$, measured in 2023.
Compared with earlier readings it is up 1.5% on the previous year and up 44.9% over ten years.
Over the whole period, military spending in Greece peaked at 12.04 billion constant 2022 US$ in 2008 and was at its lowest, 30.23 million constant 2022 US$, in 1865.
That places Greece 34th out of 172 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1820s | 33.21 million constant 2022 US$ | 31.41 million constant 2022 US$ | 35.01 million constant 2022 US$ | 2 |
| 1830s | 34.19 million constant 2022 US$ | 30.40 million constant 2022 US$ | 38.41 million constant 2022 US$ | 10 |
| 1840s | 33.74 million constant 2022 US$ | 31.40 million constant 2022 US$ | 35.56 million constant 2022 US$ | 10 |
| 1850s | 35.43 million constant 2022 US$ | 32.97 million constant 2022 US$ | 39.91 million constant 2022 US$ | 10 |
| 1860s | 36.49 million constant 2022 US$ | 30.23 million constant 2022 US$ | 42.67 million constant 2022 US$ | 10 |
| 1870s | 41.59 million constant 2022 US$ | 34.35 million constant 2022 US$ | 54.84 million constant 2022 US$ | 10 |
| 1880s | 81.14 million constant 2022 US$ | 48.69 million constant 2022 US$ | 101.86 million constant 2022 US$ | 10 |
| 1890s | 110.02 million constant 2022 US$ | 95.13 million constant 2022 US$ | 129.60 million constant 2022 US$ | 10 |
| 1900s | 136.12 million constant 2022 US$ | 128.03 million constant 2022 US$ | 147.42 million constant 2022 US$ | 10 |
| 1910s | 354.16 million constant 2022 US$ | 131.80 million constant 2022 US$ | 696.65 million constant 2022 US$ | 10 |
| 1920s | 621.01 million constant 2022 US$ | 339.09 million constant 2022 US$ | 1.82 billion constant 2022 US$ | 10 |
| 1930s | 463.65 million constant 2022 US$ | 259.86 million constant 2022 US$ | 691.81 million constant 2022 US$ | 10 |
| 1940s | 1.18 billion constant 2022 US$ | 983.85 million constant 2022 US$ | 1.65 billion constant 2022 US$ | 8 |
| 1950s | 1.32 billion constant 2022 US$ | 1.09 billion constant 2022 US$ | 1.59 billion constant 2022 US$ | 10 |
| 1960s | 1.76 billion constant 2022 US$ | 1.25 billion constant 2022 US$ | 2.74 billion constant 2022 US$ | 10 |
| 1970s | 4.43 billion constant 2022 US$ | 2.98 billion constant 2022 US$ | 6.49 billion constant 2022 US$ | 10 |
| 1980s | 5.94 billion constant 2022 US$ | 5.62 billion constant 2022 US$ | 6.32 billion constant 2022 US$ | 10 |
| 1990s | 7.23 billion constant 2022 US$ | 6.19 billion constant 2022 US$ | 8.30 billion constant 2022 US$ | 10 |
| 2000s | 9.25 billion constant 2022 US$ | 7.63 billion constant 2022 US$ | 12.04 billion constant 2022 US$ | 10 |
| 2010s | 6.89 billion constant 2022 US$ | 5.68 billion constant 2022 US$ | 9.88 billion constant 2022 US$ | 10 |
| 2020s | 8.58 billion constant 2022 US$ | 7.22 billion constant 2022 US$ | 9.38 billion constant 2022 US$ | 4 |
Countries ranked near Greece
More reference data data for Greece
- Spring temperature anomalies 0.1042 °C (2026)
- Summer temperature anomalies 0.7668 °C (2026)
- Temperature anomalies by month 1.8 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 1.16 °C (2025)
- Winter temperature anomalies 1.73 °C (2025)
- Consumer price index 121.73 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military spending in Greece?
- Military spending in Greece was 9.38 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 Greece?
- The highest recorded value was 12.04 billion constant 2022 US$ in 2008.
- What is the lowest military spending recorded in Greece?
- The lowest recorded value was 30.23 million constant 2022 US$ in 1865.
- How does Greece rank for military spending?
- Greece ranks 34th out of 172 countries with data for 2023.
- Is military spending rising or falling in Greece?
- Over the last ten years it is up 44.9%. The long-run trend across the full record is volatile.
- Where does this Greece 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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About this data
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.