Military spending gmsd in Greece

Greece: Military spending gmsd was 9.38 billion in 2023. ◆ Volatile

Latest (2023)
9.38 billion
Change on year
up 1.5%
World rank
34th
of 172 countries
All-time high
12.04 billion
in 2008
All-time low
30.23 million
in 1865
Years of data
194
1828–2023

Military spending gmsd in Greece, 1828–2023

02.5B5.0B7.5B10.0B12.5B182819252023

Source: Our World in Data.

Analysis

The most recent figure for military spending gmsd in Greece is 9.38 billion, 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 gmsd in Greece peaked at 12.04 billion in 2008 and was at its lowest, 30.23 million, 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 gmsd in Greece, year by year

Annual values for Military spending gmsd in Greece, 1828 to 2023.
Year Value Change
1828 31.41 million —
1829 35.01 million +11.5%
1830 33.31 million -4.9%
1831 38.41 million +15.3%
1832 37.67 million -1.9%
1833 37.35 million -0.9%
1834 33.68 million -9.8%
1835 35.84 million +6.4%
1836 31.46 million -12.2%
1837 32.02 million +1.8%
1838 31.74 million -0.9%
1839 30.40 million -4.2%
1840 34.07 million +12.1%
1841 34.84 million +2.3%
1842 34.03 million -2.3%
1843 33.87 million -0.5%
1844 33.95 million +0.2%
1845 32.91 million -3.1%
1846 32.28 million -1.9%
1847 31.40 million -2.7%
1848 34.51 million +9.9%
1849 35.56 million +3.0%
1850 32.97 million -7.3%
1851 36.17 million +9.7%
1852 35.58 million -1.6%
1853 34.24 million -3.8%
1854 33.65 million -1.7%
1855 34.83 million +3.5%
1856 35.86 million +3.0%
1857 34.15 million -4.8%
1858 36.99 million +8.3%
1859 39.91 million +7.9%
1860 42.67 million +6.9%
1861 37.97 million -11.0%
1862 37.54 million -1.2%
1863 36.59 million -2.5%
1864 38.39 million +4.9%
1865 30.23 million -21.2%
1866 32.65 million +8.0%
1867 33.96 million +4.0%
1868 37.66 million +10.9%
1869 37.21 million -1.2%
1870 34.35 million -7.7%
1871 34.84 million +1.4%
1872 35.61 million +2.2%
1873 39.72 million +11.5%
1874 37.96 million -4.4%
1875 39.43 million +3.9%
1876 43.35 million +9.9%
1877 43.87 million +1.2%
1878 51.97 million +18.5%
1879 54.84 million +5.5%
1880 48.87 million -10.9%
1881 48.69 million -0.4%
1882 67.44 million +38.5%
1883 84.12 million +24.7%
1884 90.77 million +7.9%
1885 93.16 million +2.6%
1886 101.86 million +9.3%
1887 90.59 million -11.1%
1888 93.78 million +3.5%
1889 92.08 million -1.8%
1890 104.04 million +13.0%
1891 95.13 million -8.6%
1892 99.85 million +5.0%
1893 98.45 million -1.4%
1894 101.93 million +3.5%
1895 110.25 million +8.2%
1896 111.42 million +1.1%
1897 122.72 million +10.1%
1898 126.78 million +3.3%
1899 129.60 million +2.2%
1900 133.85 million +3.3%
1901 128.03 million -4.3%
1902 136.38 million +6.5%
1903 134.05 million -1.7%
1904 132.64 million -1.1%
1905 142.54 million +7.5%
1906 133.47 million -6.4%
1907 133.14 million -0.2%
1908 139.63 million +4.9%
1909 147.42 million +5.6%
1910 143.67 million -2.5%
1911 146.62 million +2.1%
1912 131.80 million -10.1%
1913 389.71 million +195.7%
1914 238.31 million -38.8%
1915 247.46 million +3.8%
1916 249.36 million +0.8%
1917 634.99 million +154.6%
1918 663.01 million +4.4%
1919 696.65 million +5.1%
1920 677.98 million -2.7%
1921 1.82 billion +167.9%
1922 787.74 million -56.6%
1923 558.73 million -29.1%
1924 444.85 million -20.4%
1925 409.25 million -8.0%
1926 423.19 million +3.4%
1927 368.02 million -13.0%
1928 384.80 million +4.6%
1929 339.09 million -11.9%
1930 348.85 million +2.9%
1931 343.48 million -1.5%
1932 312.78 million -8.9%
1933 259.86 million -16.9%
1934 372.46 million +43.3%
1935 455.01 million +22.2%
1936 574.83 million +26.3%
1937 625.63 million +8.8%
1938 651.76 million +4.2%
1939 691.81 million +6.1%
1940 1.02 billion +47.6%
1941 1.23 billion +20.9%
1944 1.07 billion -13.7%
1945 1.15 billion +8.1%
1946 1.14 billion -0.9%
1947 983.85 million -13.8%
1948 1.18 billion +20.2%
1949 1.65 billion +39.7%
1950 1.34 billion -19.1%
1951 1.54 billion +15.5%
1952 1.59 billion +2.7%
1953 1.22 billion -23.2%
1954 1.13 billion -7.0%
1955 1.09 billion -3.7%
1956 1.40 billion +28.2%
1957 1.34 billion -4.4%
1958 1.31 billion -1.9%
1959 1.27 billion -3.2%
1960 1.25 billion -1.2%
1961 1.33 billion +6.1%
1962 1.38 billion +3.6%
1963 1.36 billion -1.5%
1964 1.43 billion +5.3%
1965 1.67 billion +16.7%
1966 1.80 billion +8.1%
1967 2.17 billion +20.1%
1968 2.46 billion +13.5%
1969 2.74 billion +11.5%
1970 2.98 billion +8.7%
1971 3.05 billion +2.3%
1972 3.23 billion +6.0%
1973 3.41 billion +5.4%
1974 3.58 billion +5.0%
1975 5.06 billion +41.2%
1976 5.29 billion +4.6%
1977 5.33 billion +0.8%
1978 5.92 billion +11.2%
1979 6.49 billion +9.6%
1980 5.81 billion -10.5%
1981 5.99 billion +3.1%
1982 6.27 billion +4.6%
1983 5.72 billion -8.7%
1984 6.17 billion +7.8%
1985 5.65 billion -8.4%
1986 5.73 billion +1.4%
1987 5.62 billion -1.9%
1988 6.32 billion +12.4%
1989 6.10 billion -3.5%
1990 6.19 billion +1.6%
1991 6.21 billion +0.2%
1992 6.74 billion +8.5%
1993 6.76 billion +0.3%
1994 6.46 billion -4.4%
1995 7.66 billion +18.7%
1996 8.01 billion +4.5%
1997 8.10 billion +1.1%
1998 8.30 billion +2.5%
1999 7.86 billion -5.2%
2000 7.99 billion +1.6%
2001 7.90 billion -1.1%
2002 7.80 billion -1.4%
2003 7.63 billion -2.2%
2004 8.34 billion +9.3%
2005 9.21 billion +10.5%
2006 9.68 billion +5.1%
2007 10.73 billion +10.9%
2008 12.04 billion +12.1%
2009 11.22 billion -6.8%
2010 9.88 billion -12.0%
2011 8.45 billion -14.4%
2012 7.17 billion -15.2%
2013 6.47 billion -9.7%
2014 6.38 billion -1.4%
2015 5.68 billion -10.9%
2016 5.68 billion -0.1%
2017 5.97 billion +5.2%
2018 6.32 billion +5.8%
2019 6.92 billion +9.5%
2020 7.22 billion +4.3%
2021 8.46 billion +17.3%
2022 9.24 billion +9.2%
2023 9.38 billion +1.5%

Greece compared with similar countries

  • Greece's 9.38 billion is above the median for high income countries, which is 6.50 billion, 1.4× the median. (55 countries reporting)
  • Greece's 9.38 billion is above the median for Europe & Central Asia, which is 2.44 billion, 3.8× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd 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.

YearChange FromTo
1913 +195.7% 131.80 million 389.71 million
1921 +167.9% 677.98 million 1.82 billion
1917 +154.6% 249.36 million 634.99 million
1922 -56.6% 1.82 billion 787.74 million

Averages by decade

DecadeAverage LowestHighest Years
1820s 33.21 million 31.41 million 35.01 million 2
1830s 34.19 million 30.40 million 38.41 million 10
1840s 33.74 million 31.40 million 35.56 million 10
1850s 35.43 million 32.97 million 39.91 million 10
1860s 36.49 million 30.23 million 42.67 million 10
1870s 41.59 million 34.35 million 54.84 million 10
1880s 81.14 million 48.69 million 101.86 million 10
1890s 110.02 million 95.13 million 129.60 million 10
1900s 136.12 million 128.03 million 147.42 million 10
1910s 354.16 million 131.80 million 696.65 million 10
1920s 621.01 million 339.09 million 1.82 billion 10
1930s 463.65 million 259.86 million 691.81 million 10
1940s 1.18 billion 983.85 million 1.65 billion 8
1950s 1.32 billion 1.09 billion 1.59 billion 10
1960s 1.76 billion 1.25 billion 2.74 billion 10
1970s 4.43 billion 2.98 billion 6.49 billion 10
1980s 5.94 billion 5.62 billion 6.32 billion 10
1990s 7.23 billion 6.19 billion 8.30 billion 10
2000s 9.25 billion 7.63 billion 12.04 billion 10
2010s 6.89 billion 5.68 billion 9.88 billion 10
2020s 8.58 billion 7.22 billion 9.38 billion 4

Countries ranked near Greece

  1. 31 Iran 10.44 billion compare
  2. 32 Sweden 9.90 billion compare
  3. 33 Kuwait 9.79 billion compare
  4. 35 Belgium 8.46 billion compare
  5. 36 Denmark 8.01 billion compare
  6. 37 Thailand 7.79 billion compare

See the full ranking of 172 places →

More reference data data for Greece

All data for Greece →

Frequently asked questions

What is military spending gmsd in Greece?
Military spending gmsd in Greece was 9.38 billion in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Greece?
The highest recorded value was 12.04 billion in 2008.
What is the lowest military spending gmsd recorded in Greece?
The lowest recorded value was 30.23 million in 1865.
How does Greece rank for military spending gmsd?
Greece ranks 34th out of 172 countries with data for 2023.
Is military spending gmsd 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 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 Greece. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/greece/

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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