Military spending gmsd in Portugal

Portugal: Military spending gmsd was 4.74 billion in 2023. ◆ Volatile

Latest (2023)
4.74 billion
Change on year
up 10.0%
World rank
52nd
of 172 countries
All-time high
4.74 billion
in 2023
All-time low
62.48 million
in 1817
Years of data
208
1816–2023

Military spending gmsd in Portugal, 1816–2023

01.0B2.0B3.0B4.0B5.0B181619192023

Source: Our World in Data.

Analysis

In 2023, military spending gmsd in Portugal stood at 4.74 billion. That is the highest value across all 208 years on record.

That represents a change of up 10.0% on the previous year and up 48.5% over ten years.

Over the whole period, military spending gmsd in Portugal peaked at 4.74 billion in 2023 and was at its lowest, 62.48 million, in 1817.

Portugal ranks 52nd of 172 countries on this measure, 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 Portugal, year by year

Annual values for Military spending gmsd in Portugal, 1816 to 2023.
Year Value Change
1816 72.79 million —
1817 62.48 million -14.2%
1818 62.72 million +0.4%
1819 67.13 million +7.0%
1820 73.12 million +8.9%
1821 82.66 million +13.0%
1822 81.24 million -1.7%
1823 87.71 million +8.0%
1824 97.28 million +10.9%
1825 98.50 million +1.3%
1826 104.58 million +6.2%
1827 104.16 million -0.4%
1828 115.16 million +10.6%
1829 122.23 million +6.1%
1830 116.13 million -5.0%
1831 139.57 million +20.2%
1832 146.56 million +5.0%
1833 145.89 million -0.5%
1834 140.51 million -3.7%
1835 145.55 million +3.6%
1836 131.74 million -9.5%
1837 130.30 million -1.1%
1838 119.86 million -8.0%
1839 116.91 million -2.5%
1840 122.46 million +4.7%
1841 109.60 million -10.5%
1842 109.52 million -0.1%
1843 114.24 million +4.3%
1844 115.39 million +1.0%
1845 113.93 million -1.3%
1846 117.28 million +2.9%
1847 111.69 million -4.8%
1848 125.11 million +12.0%
1849 125.13 million +0.0%
1850 117.50 million -6.1%
1851 121.20 million +3.1%
1852 121.16 million -0.0%
1853 118.74 million -2.0%
1854 114.90 million -3.2%
1855 112.51 million -2.1%
1856 111.39 million -1.0%
1857 104.11 million -6.5%
1858 114.20 million +9.7%
1859 117.95 million +3.3%
1860 121.89 million +3.3%
1861 110.66 million -9.2%
1862 118.48 million +7.1%
1863 121.33 million +2.4%
1864 143.10 million +17.9%
1865 107.18 million -25.1%
1866 110.46 million +3.1%
1867 114.03 million +3.2%
1868 124.34 million +9.0%
1869 121.96 million -1.9%
1870 105.78 million -13.3%
1871 104.17 million -1.5%
1872 104.27 million +0.1%
1873 113.81 million +9.2%
1874 108.12 million -5.0%
1875 114.78 million +6.2%
1876 132.25 million +15.2%
1877 120.62 million -8.8%
1878 137.08 million +13.6%
1879 134.87 million -1.6%
1880 133.31 million -1.2%
1881 141.51 million +6.2%
1882 146.71 million +3.7%
1883 147.72 million +0.7%
1884 162.61 million +10.1%
1885 159.95 million -1.6%
1886 173.91 million +8.7%
1887 168.47 million -3.1%
1888 181.12 million +7.5%
1889 186.16 million +2.8%
1890 204.56 million +9.9%
1891 194.68 million -4.8%
1892 189.59 million -2.6%
1893 192.15 million +1.3%
1894 187.63 million -2.4%
1895 209.89 million +11.9%
1896 209.31 million -0.3%
1897 214.48 million +2.5%
1898 207.51 million -3.2%
1899 214.60 million +3.4%
1900 216.21 million +0.8%
1901 206.62 million -4.4%
1902 220.77 million +6.9%
1903 232.61 million +5.4%
1904 237.47 million +2.1%
1905 261.74 million +10.2%
1906 282.08 million +7.8%
1907 272.06 million -3.6%
1908 283.81 million +4.3%
1909 314.19 million +10.7%
1910 285.34 million -9.2%
1911 299.35 million +4.9%
1912 278.58 million -6.9%
1913 271.44 million -2.6%
1914 149.66 million -44.9%
1915 158.42 million +5.9%
1916 136.05 million -14.1%
1917 134.55 million -1.1%
1918 153.59 million +14.1%
1919 134.66 million -12.3%
1920 114.45 million -15.0%
1921 131.74 million +15.1%
1922 121.67 million -7.6%
1923 95.82 million -21.2%
1924 93.06 million -2.9%
1925 121.84 million +30.9%
1926 151.44 million +24.3%
1927 189.68 million +25.2%
1928 216.15 million +14.0%
1929 229.23 million +6.0%
1930 238.41 million +4.0%
1931 235.28 million -1.3%
1932 248.69 million +5.7%
1933 256.73 million +3.2%
1934 328.71 million +28.0%
1935 327.21 million -0.5%
1936 343.71 million +5.0%
1937 393.30 million +14.4%
1938 457.12 million +16.2%
1939 475.91 million +4.1%
1940 539.03 million +13.3%
1941 557.20 million +3.4%
1942 559.19 million +0.4%
1943 556.82 million -0.4%
1944 603.34 million +8.4%
1945 656.00 million +8.7%
1946 566.97 million -13.6%
1947 521.89 million -8.0%
1948 496.78 million -4.8%
1949 533.10 million +7.3%
1950 484.67 million -9.1%
1951 459.06 million -5.3%
1952 535.05 million +16.6%
1953 583.08 million +9.0%
1954 612.04 million +5.0%
1955 599.33 million -2.1%
1956 670.58 million +11.9%
1957 688.74 million +2.7%
1958 716.70 million +4.1%
1959 734.43 million +2.5%
1960 800.25 million +9.0%
1961 1.16 billion +45.5%
1962 1.43 billion +22.4%
1963 1.44 billion +1.3%
1964 1.58 billion +9.5%
1965 1.70 billion +7.5%
1966 1.84 billion +8.1%
1967 2.29 billion +24.4%
1968 2.50 billion +9.5%
1969 2.41 billion -3.6%
1970 2.64 billion +9.2%
1971 2.91 billion +10.4%
1972 3.11 billion +6.9%
1973 3.09 billion -0.6%
1974 3.65 billion +18.0%
1975 3.22 billion -11.7%
1976 2.44 billion -24.2%
1977 1.98 billion -19.0%
1978 1.87 billion -5.7%
1979 1.96 billion +5.2%
1980 1.98 billion +1.0%
1981 1.91 billion -3.7%
1982 2.03 billion +6.2%
1983 1.95 billion -3.7%
1984 1.96 billion +0.4%
1985 2.08 billion +5.9%
1986 2.28 billion +9.7%
1987 2.50 billion +9.6%
1988 2.74 billion +9.8%
1989 2.80 billion +2.2%
1990 2.84 billion +1.6%
1991 2.99 billion +5.2%
1992 3.27 billion +9.1%
1993 3.43 billion +5.0%
1994 3.42 billion -0.2%
1995 3.62 billion +5.7%
1996 3.53 billion -2.3%
1997 3.48 billion -1.6%
1998 3.41 billion -1.9%
1999 3.27 billion -4.2%
2000 3.29 billion +0.8%
2001 3.40 billion +3.3%
2002 3.47 billion +1.8%
2003 3.58 billion +3.2%
2004 4.06 billion +13.5%
2005 4.08 billion +0.5%
2006 4.00 billion -2.0%
2007 4.32 billion +8.0%
2008 4.56 billion +5.7%
2009 4.28 billion -6.2%
2010 3.84 billion -10.2%
2011 3.67 billion -4.4%
2012 3.30 billion -10.2%
2013 3.19 billion -3.2%
2014 3.02 billion -5.5%
2015 2.90 billion -3.9%
2016 2.94 billion +1.2%
2017 3.13 billion +6.6%
2018 3.29 billion +4.9%
2019 3.84 billion +16.9%
2020 3.93 billion +2.3%
2021 4.06 billion +3.2%
2022 4.31 billion +6.2%
2023 4.74 billion +10.0%

Portugal compared with similar countries

  • Portugal's 4.74 billion is below the median for high income countries, which is 6.50 billion, 73% of the median. (55 countries reporting)
  • Portugal's 4.74 billion is above the median for Europe & Central Asia, which is 2.44 billion, 1.9× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd in Portugal 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
1914 -44.9% 271.44 million 149.66 million

Averages by decade

DecadeAverage LowestHighest Years
1810s 66.28 million 62.48 million 72.79 million 4
1820s 96.66 million 73.12 million 122.23 million 10
1830s 133.30 million 116.13 million 146.56 million 10
1840s 116.43 million 109.52 million 125.13 million 10
1850s 115.37 million 104.11 million 121.20 million 10
1860s 119.34 million 107.18 million 143.10 million 10
1870s 117.58 million 104.17 million 137.08 million 10
1880s 160.15 million 133.31 million 186.16 million 10
1890s 202.44 million 187.63 million 214.60 million 10
1900s 252.76 million 206.62 million 314.19 million 10
1910s 200.16 million 134.55 million 299.35 million 10
1920s 146.51 million 93.06 million 229.23 million 10
1930s 330.51 million 235.28 million 475.91 million 10
1940s 559.03 million 496.78 million 656.00 million 10
1950s 608.37 million 459.06 million 734.43 million 10
1960s 1.72 billion 800.25 million 2.50 billion 10
1970s 2.69 billion 1.87 billion 3.65 billion 10
1980s 2.22 billion 1.91 billion 2.80 billion 10
1990s 3.33 billion 2.84 billion 3.62 billion 10
2000s 3.90 billion 3.29 billion 4.56 billion 10
2010s 3.31 billion 2.90 billion 3.84 billion 10
2020s 4.26 billion 3.93 billion 4.74 billion 4

Countries ranked near Portugal

  1. 49 Austria 5.11 billion compare
  2. 50 Egypt 4.83 billion compare
  3. 51 Libya 4.78 billion compare
  4. 53 Malaysia 4.68 billion compare
  5. 54 Argentina 4.45 billion compare
  6. 55 Hungary 4.10 billion compare

See the full ranking of 172 places →

More reference data data for Portugal

All data for Portugal →

Frequently asked questions

What is military spending gmsd in Portugal?
Military spending gmsd in Portugal was 4.74 billion in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Portugal?
The highest recorded value was 4.74 billion in 2023.
What is the lowest military spending gmsd recorded in Portugal?
The lowest recorded value was 62.48 million in 1817.
How does Portugal rank for military spending gmsd?
Portugal ranks 52nd out of 172 countries with data for 2023.
Is military spending gmsd rising or falling in Portugal?
Over the last ten years it is up 48.5%. The long-run trend across the full record is volatile.
Where does this Portugal 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 Portugal. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/portugal/

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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