Military spending in Greece
Greece: Military spending was 9.38 billion constant 2022 US$ in 2023. ◆ Volatile
Latest (2023)
9.38 billion constant 2022 US$
Change on year
up 1.5%
World rank
34th
of 172 countries
All-time high
12.04 billion constant 2022 US$
in 2008
All-time low
30.23 million constant 2022 US$
in 1865
Years of data
194
1828–2023
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$, in 1865.
That places Greece 34th out of 172 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending in Greece, year by year
| Year | constant 2022 US$ | Change |
|---|---|---|
| 1828 | 31.41 million constant 2022 US$ | — |
| 1829 | 35.01 million constant 2022 US$ | +11.5% |
| 1830 | 33.31 million constant 2022 US$ | -4.9% |
| 1831 | 38.41 million constant 2022 US$ | +15.3% |
| 1832 | 37.67 million constant 2022 US$ | -1.9% |
| 1833 | 37.35 million constant 2022 US$ | -0.9% |
| 1834 | 33.68 million constant 2022 US$ | -9.8% |
| 1835 | 35.84 million constant 2022 US$ | +6.4% |
| 1836 | 31.46 million constant 2022 US$ | -12.2% |
| 1837 | 32.02 million constant 2022 US$ | +1.8% |
| 1838 | 31.74 million constant 2022 US$ | -0.9% |
| 1839 | 30.40 million constant 2022 US$ | -4.2% |
| 1840 | 34.07 million constant 2022 US$ | +12.1% |
| 1841 | 34.84 million constant 2022 US$ | +2.3% |
| 1842 | 34.03 million constant 2022 US$ | -2.3% |
| 1843 | 33.87 million constant 2022 US$ | -0.5% |
| 1844 | 33.95 million constant 2022 US$ | +0.2% |
| 1845 | 32.91 million constant 2022 US$ | -3.1% |
| 1846 | 32.28 million constant 2022 US$ | -1.9% |
| 1847 | 31.40 million constant 2022 US$ | -2.7% |
| 1848 | 34.51 million constant 2022 US$ | +9.9% |
| 1849 | 35.56 million constant 2022 US$ | +3.0% |
| 1850 | 32.97 million constant 2022 US$ | -7.3% |
| 1851 | 36.17 million constant 2022 US$ | +9.7% |
| 1852 | 35.58 million constant 2022 US$ | -1.6% |
| 1853 | 34.24 million constant 2022 US$ | -3.8% |
| 1854 | 33.65 million constant 2022 US$ | -1.7% |
| 1855 | 34.83 million constant 2022 US$ | +3.5% |
| 1856 | 35.86 million constant 2022 US$ | +3.0% |
| 1857 | 34.15 million constant 2022 US$ | -4.8% |
| 1858 | 36.99 million constant 2022 US$ | +8.3% |
| 1859 | 39.91 million constant 2022 US$ | +7.9% |
| 1860 | 42.67 million constant 2022 US$ | +6.9% |
| 1861 | 37.97 million constant 2022 US$ | -11.0% |
| 1862 | 37.54 million constant 2022 US$ | -1.2% |
| 1863 | 36.59 million constant 2022 US$ | -2.5% |
| 1864 | 38.39 million constant 2022 US$ | +4.9% |
| 1865 | 30.23 million constant 2022 US$ | -21.2% |
| 1866 | 32.65 million constant 2022 US$ | +8.0% |
| 1867 | 33.96 million constant 2022 US$ | +4.0% |
| 1868 | 37.66 million constant 2022 US$ | +10.9% |
| 1869 | 37.21 million constant 2022 US$ | -1.2% |
| 1870 | 34.35 million constant 2022 US$ | -7.7% |
| 1871 | 34.84 million constant 2022 US$ | +1.4% |
| 1872 | 35.61 million constant 2022 US$ | +2.2% |
| 1873 | 39.72 million constant 2022 US$ | +11.5% |
| 1874 | 37.96 million constant 2022 US$ | -4.4% |
| 1875 | 39.43 million constant 2022 US$ | +3.9% |
| 1876 | 43.35 million constant 2022 US$ | +9.9% |
| 1877 | 43.87 million constant 2022 US$ | +1.2% |
| 1878 | 51.97 million constant 2022 US$ | +18.5% |
| 1879 | 54.84 million constant 2022 US$ | +5.5% |
| 1880 | 48.87 million constant 2022 US$ | -10.9% |
| 1881 | 48.69 million constant 2022 US$ | -0.4% |
| 1882 | 67.44 million constant 2022 US$ | +38.5% |
| 1883 | 84.12 million constant 2022 US$ | +24.7% |
| 1884 | 90.77 million constant 2022 US$ | +7.9% |
| 1885 | 93.16 million constant 2022 US$ | +2.6% |
| 1886 | 101.86 million constant 2022 US$ | +9.3% |
| 1887 | 90.59 million constant 2022 US$ | -11.1% |
| 1888 | 93.78 million constant 2022 US$ | +3.5% |
| 1889 | 92.08 million constant 2022 US$ | -1.8% |
| 1890 | 104.04 million constant 2022 US$ | +13.0% |
| 1891 | 95.13 million constant 2022 US$ | -8.6% |
| 1892 | 99.85 million constant 2022 US$ | +5.0% |
| 1893 | 98.45 million constant 2022 US$ | -1.4% |
| 1894 | 101.93 million constant 2022 US$ | +3.5% |
| 1895 | 110.25 million constant 2022 US$ | +8.2% |
| 1896 | 111.42 million constant 2022 US$ | +1.1% |
| 1897 | 122.72 million constant 2022 US$ | +10.1% |
| 1898 | 126.78 million constant 2022 US$ | +3.3% |
| 1899 | 129.60 million constant 2022 US$ | +2.2% |
| 1900 | 133.85 million constant 2022 US$ | +3.3% |
| 1901 | 128.03 million constant 2022 US$ | -4.3% |
| 1902 | 136.38 million constant 2022 US$ | +6.5% |
| 1903 | 134.05 million constant 2022 US$ | -1.7% |
| 1904 | 132.64 million constant 2022 US$ | -1.1% |
| 1905 | 142.54 million constant 2022 US$ | +7.5% |
| 1906 | 133.47 million constant 2022 US$ | -6.4% |
| 1907 | 133.14 million constant 2022 US$ | -0.2% |
| 1908 | 139.63 million constant 2022 US$ | +4.9% |
| 1909 | 147.42 million constant 2022 US$ | +5.6% |
| 1910 | 143.67 million constant 2022 US$ | -2.5% |
| 1911 | 146.62 million constant 2022 US$ | +2.1% |
| 1912 | 131.80 million constant 2022 US$ | -10.1% |
| 1913 | 389.71 million constant 2022 US$ | +195.7% |
| 1914 | 238.31 million constant 2022 US$ | -38.8% |
| 1915 | 247.46 million constant 2022 US$ | +3.8% |
| 1916 | 249.36 million constant 2022 US$ | +0.8% |
| 1917 | 634.99 million constant 2022 US$ | +154.6% |
| 1918 | 663.01 million constant 2022 US$ | +4.4% |
| 1919 | 696.65 million constant 2022 US$ | +5.1% |
| 1920 | 677.98 million constant 2022 US$ | -2.7% |
| 1921 | 1.82 billion constant 2022 US$ | +167.9% |
| 1922 | 787.74 million constant 2022 US$ | -56.6% |
| 1923 | 558.73 million constant 2022 US$ | -29.1% |
| 1924 | 444.85 million constant 2022 US$ | -20.4% |
| 1925 | 409.25 million constant 2022 US$ | -8.0% |
| 1926 | 423.19 million constant 2022 US$ | +3.4% |
| 1927 | 368.02 million constant 2022 US$ | -13.0% |
| 1928 | 384.80 million constant 2022 US$ | +4.6% |
| 1929 | 339.09 million constant 2022 US$ | -11.9% |
| 1930 | 348.85 million constant 2022 US$ | +2.9% |
| 1931 | 343.48 million constant 2022 US$ | -1.5% |
| 1932 | 312.78 million constant 2022 US$ | -8.9% |
| 1933 | 259.86 million constant 2022 US$ | -16.9% |
| 1934 | 372.46 million constant 2022 US$ | +43.3% |
| 1935 | 455.01 million constant 2022 US$ | +22.2% |
| 1936 | 574.83 million constant 2022 US$ | +26.3% |
| 1937 | 625.63 million constant 2022 US$ | +8.8% |
| 1938 | 651.76 million constant 2022 US$ | +4.2% |
| 1939 | 691.81 million constant 2022 US$ | +6.1% |
| 1940 | 1.02 billion constant 2022 US$ | +47.6% |
| 1941 | 1.23 billion constant 2022 US$ | +20.9% |
| 1944 | 1.07 billion constant 2022 US$ | -13.7% |
| 1945 | 1.15 billion constant 2022 US$ | +8.1% |
| 1946 | 1.14 billion constant 2022 US$ | -0.9% |
| 1947 | 983.85 million constant 2022 US$ | -13.8% |
| 1948 | 1.18 billion constant 2022 US$ | +20.2% |
| 1949 | 1.65 billion constant 2022 US$ | +39.7% |
| 1950 | 1.34 billion constant 2022 US$ | -19.1% |
| 1951 | 1.54 billion constant 2022 US$ | +15.5% |
| 1952 | 1.59 billion constant 2022 US$ | +2.7% |
| 1953 | 1.22 billion constant 2022 US$ | -23.2% |
| 1954 | 1.13 billion constant 2022 US$ | -7.0% |
| 1955 | 1.09 billion constant 2022 US$ | -3.7% |
| 1956 | 1.40 billion constant 2022 US$ | +28.2% |
| 1957 | 1.34 billion constant 2022 US$ | -4.4% |
| 1958 | 1.31 billion constant 2022 US$ | -1.9% |
| 1959 | 1.27 billion constant 2022 US$ | -3.2% |
| 1960 | 1.25 billion constant 2022 US$ | -1.2% |
| 1961 | 1.33 billion constant 2022 US$ | +6.1% |
| 1962 | 1.38 billion constant 2022 US$ | +3.6% |
| 1963 | 1.36 billion constant 2022 US$ | -1.5% |
| 1964 | 1.43 billion constant 2022 US$ | +5.3% |
| 1965 | 1.67 billion constant 2022 US$ | +16.7% |
| 1966 | 1.80 billion constant 2022 US$ | +8.1% |
| 1967 | 2.17 billion constant 2022 US$ | +20.1% |
| 1968 | 2.46 billion constant 2022 US$ | +13.5% |
| 1969 | 2.74 billion constant 2022 US$ | +11.5% |
| 1970 | 2.98 billion constant 2022 US$ | +8.7% |
| 1971 | 3.05 billion constant 2022 US$ | +2.3% |
| 1972 | 3.23 billion constant 2022 US$ | +6.0% |
| 1973 | 3.41 billion constant 2022 US$ | +5.4% |
| 1974 | 3.58 billion constant 2022 US$ | +5.0% |
| 1975 | 5.06 billion constant 2022 US$ | +41.2% |
| 1976 | 5.29 billion constant 2022 US$ | +4.6% |
| 1977 | 5.33 billion constant 2022 US$ | +0.8% |
| 1978 | 5.92 billion constant 2022 US$ | +11.2% |
| 1979 | 6.49 billion constant 2022 US$ | +9.6% |
| 1980 | 5.81 billion constant 2022 US$ | -10.5% |
| 1981 | 5.99 billion constant 2022 US$ | +3.1% |
| 1982 | 6.27 billion constant 2022 US$ | +4.6% |
| 1983 | 5.72 billion constant 2022 US$ | -8.7% |
| 1984 | 6.17 billion constant 2022 US$ | +7.8% |
| 1985 | 5.65 billion constant 2022 US$ | -8.4% |
| 1986 | 5.73 billion constant 2022 US$ | +1.4% |
| 1987 | 5.62 billion constant 2022 US$ | -1.9% |
| 1988 | 6.32 billion constant 2022 US$ | +12.4% |
| 1989 | 6.10 billion constant 2022 US$ | -3.5% |
| 1990 | 6.19 billion constant 2022 US$ | +1.6% |
| 1991 | 6.21 billion constant 2022 US$ | +0.2% |
| 1992 | 6.74 billion constant 2022 US$ | +8.5% |
| 1993 | 6.76 billion constant 2022 US$ | +0.3% |
| 1994 | 6.46 billion constant 2022 US$ | -4.4% |
| 1995 | 7.66 billion constant 2022 US$ | +18.7% |
| 1996 | 8.01 billion constant 2022 US$ | +4.5% |
| 1997 | 8.10 billion constant 2022 US$ | +1.1% |
| 1998 | 8.30 billion constant 2022 US$ | +2.5% |
| 1999 | 7.86 billion constant 2022 US$ | -5.2% |
| 2000 | 7.99 billion constant 2022 US$ | +1.6% |
| 2001 | 7.90 billion constant 2022 US$ | -1.1% |
| 2002 | 7.80 billion constant 2022 US$ | -1.4% |
| 2003 | 7.63 billion constant 2022 US$ | -2.2% |
| 2004 | 8.34 billion constant 2022 US$ | +9.3% |
| 2005 | 9.21 billion constant 2022 US$ | +10.5% |
| 2006 | 9.68 billion constant 2022 US$ | +5.1% |
| 2007 | 10.73 billion constant 2022 US$ | +10.9% |
| 2008 | 12.04 billion constant 2022 US$ | +12.1% |
| 2009 | 11.22 billion constant 2022 US$ | -6.8% |
| 2010 | 9.88 billion constant 2022 US$ | -12.0% |
| 2011 | 8.45 billion constant 2022 US$ | -14.4% |
| 2012 | 7.17 billion constant 2022 US$ | -15.2% |
| 2013 | 6.47 billion constant 2022 US$ | -9.7% |
| 2014 | 6.38 billion constant 2022 US$ | -1.4% |
| 2015 | 5.68 billion constant 2022 US$ | -10.9% |
| 2016 | 5.68 billion constant 2022 US$ | -0.1% |
| 2017 | 5.97 billion constant 2022 US$ | +5.2% |
| 2018 | 6.32 billion constant 2022 US$ | +5.8% |
| 2019 | 6.92 billion constant 2022 US$ | +9.5% |
| 2020 | 7.22 billion constant 2022 US$ | +4.3% |
| 2021 | 8.46 billion constant 2022 US$ | +17.3% |
| 2022 | 9.24 billion constant 2022 US$ | +9.2% |
| 2023 | 9.38 billion constant 2022 US$ | +1.5% |
Greece compared with similar countries
- Greece's 9.38 billion constant 2022 US$ is above the median for high income countries, which is 6.50 billion constant 2022 US$, 1.4× the median. (55 countries reporting)
- Greece's 9.38 billion constant 2022 US$ is above the median for Europe & Central Asia, which is 2.44 billion constant 2022 US$, 3.8× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Military spending in Greece changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1913 | +195.7% | 131.80 million constant 2022 US$ | 389.71 million constant 2022 US$ |
| 1921 | +167.9% | 677.98 million constant 2022 US$ | 1.82 billion constant 2022 US$ |
| 1917 | +154.6% | 249.36 million constant 2022 US$ | 634.99 million constant 2022 US$ |
| 1922 | -56.6% | 1.82 billion constant 2022 US$ | 787.74 million constant 2022 US$ |
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
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4067 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.38 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.86 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2183 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.86 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.36 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.7298 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 4.78 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 11.6 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.19 (2050)
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.
Download this data
CSV · JSON — 194 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.