Military spending in Portugal
Portugal: Military spending was 4.74 billion constant 2022 US$ in 2023. ◆ Volatile
Latest (2023)
4.74 billion constant 2022 US$
Change on year
up 10.0%
World rank
52nd
of 172 countries
All-time high
4.74 billion constant 2022 US$
in 2023
All-time low
62.48 million constant 2022 US$
in 1817
Years of data
208
1816–2023
Military spending in Portugal, 1816–2023
Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.
Analysis
In 2023, military spending in Portugal stood at 4.74 billion constant 2022 US$. 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 in Portugal peaked at 4.74 billion constant 2022 US$ in 2023 and was at its lowest, 62.48 million constant 2022 US$, in 1817.
Portugal ranks 52nd of 172 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending in Portugal, year by year
| Year | constant 2022 US$ | Change |
|---|---|---|
| 1816 | 72.79 million constant 2022 US$ | — |
| 1817 | 62.48 million constant 2022 US$ | -14.2% |
| 1818 | 62.72 million constant 2022 US$ | +0.4% |
| 1819 | 67.13 million constant 2022 US$ | +7.0% |
| 1820 | 73.12 million constant 2022 US$ | +8.9% |
| 1821 | 82.66 million constant 2022 US$ | +13.0% |
| 1822 | 81.24 million constant 2022 US$ | -1.7% |
| 1823 | 87.71 million constant 2022 US$ | +8.0% |
| 1824 | 97.28 million constant 2022 US$ | +10.9% |
| 1825 | 98.50 million constant 2022 US$ | +1.3% |
| 1826 | 104.58 million constant 2022 US$ | +6.2% |
| 1827 | 104.16 million constant 2022 US$ | -0.4% |
| 1828 | 115.16 million constant 2022 US$ | +10.6% |
| 1829 | 122.23 million constant 2022 US$ | +6.1% |
| 1830 | 116.13 million constant 2022 US$ | -5.0% |
| 1831 | 139.57 million constant 2022 US$ | +20.2% |
| 1832 | 146.56 million constant 2022 US$ | +5.0% |
| 1833 | 145.89 million constant 2022 US$ | -0.5% |
| 1834 | 140.51 million constant 2022 US$ | -3.7% |
| 1835 | 145.55 million constant 2022 US$ | +3.6% |
| 1836 | 131.74 million constant 2022 US$ | -9.5% |
| 1837 | 130.30 million constant 2022 US$ | -1.1% |
| 1838 | 119.86 million constant 2022 US$ | -8.0% |
| 1839 | 116.91 million constant 2022 US$ | -2.5% |
| 1840 | 122.46 million constant 2022 US$ | +4.7% |
| 1841 | 109.60 million constant 2022 US$ | -10.5% |
| 1842 | 109.52 million constant 2022 US$ | -0.1% |
| 1843 | 114.24 million constant 2022 US$ | +4.3% |
| 1844 | 115.39 million constant 2022 US$ | +1.0% |
| 1845 | 113.93 million constant 2022 US$ | -1.3% |
| 1846 | 117.28 million constant 2022 US$ | +2.9% |
| 1847 | 111.69 million constant 2022 US$ | -4.8% |
| 1848 | 125.11 million constant 2022 US$ | +12.0% |
| 1849 | 125.13 million constant 2022 US$ | +0.0% |
| 1850 | 117.50 million constant 2022 US$ | -6.1% |
| 1851 | 121.20 million constant 2022 US$ | +3.1% |
| 1852 | 121.16 million constant 2022 US$ | -0.0% |
| 1853 | 118.74 million constant 2022 US$ | -2.0% |
| 1854 | 114.90 million constant 2022 US$ | -3.2% |
| 1855 | 112.51 million constant 2022 US$ | -2.1% |
| 1856 | 111.39 million constant 2022 US$ | -1.0% |
| 1857 | 104.11 million constant 2022 US$ | -6.5% |
| 1858 | 114.20 million constant 2022 US$ | +9.7% |
| 1859 | 117.95 million constant 2022 US$ | +3.3% |
| 1860 | 121.89 million constant 2022 US$ | +3.3% |
| 1861 | 110.66 million constant 2022 US$ | -9.2% |
| 1862 | 118.48 million constant 2022 US$ | +7.1% |
| 1863 | 121.33 million constant 2022 US$ | +2.4% |
| 1864 | 143.10 million constant 2022 US$ | +17.9% |
| 1865 | 107.18 million constant 2022 US$ | -25.1% |
| 1866 | 110.46 million constant 2022 US$ | +3.1% |
| 1867 | 114.03 million constant 2022 US$ | +3.2% |
| 1868 | 124.34 million constant 2022 US$ | +9.0% |
| 1869 | 121.96 million constant 2022 US$ | -1.9% |
| 1870 | 105.78 million constant 2022 US$ | -13.3% |
| 1871 | 104.17 million constant 2022 US$ | -1.5% |
| 1872 | 104.27 million constant 2022 US$ | +0.1% |
| 1873 | 113.81 million constant 2022 US$ | +9.2% |
| 1874 | 108.12 million constant 2022 US$ | -5.0% |
| 1875 | 114.78 million constant 2022 US$ | +6.2% |
| 1876 | 132.25 million constant 2022 US$ | +15.2% |
| 1877 | 120.62 million constant 2022 US$ | -8.8% |
| 1878 | 137.08 million constant 2022 US$ | +13.6% |
| 1879 | 134.87 million constant 2022 US$ | -1.6% |
| 1880 | 133.31 million constant 2022 US$ | -1.2% |
| 1881 | 141.51 million constant 2022 US$ | +6.2% |
| 1882 | 146.71 million constant 2022 US$ | +3.7% |
| 1883 | 147.72 million constant 2022 US$ | +0.7% |
| 1884 | 162.61 million constant 2022 US$ | +10.1% |
| 1885 | 159.95 million constant 2022 US$ | -1.6% |
| 1886 | 173.91 million constant 2022 US$ | +8.7% |
| 1887 | 168.47 million constant 2022 US$ | -3.1% |
| 1888 | 181.12 million constant 2022 US$ | +7.5% |
| 1889 | 186.16 million constant 2022 US$ | +2.8% |
| 1890 | 204.56 million constant 2022 US$ | +9.9% |
| 1891 | 194.68 million constant 2022 US$ | -4.8% |
| 1892 | 189.59 million constant 2022 US$ | -2.6% |
| 1893 | 192.15 million constant 2022 US$ | +1.3% |
| 1894 | 187.63 million constant 2022 US$ | -2.4% |
| 1895 | 209.89 million constant 2022 US$ | +11.9% |
| 1896 | 209.31 million constant 2022 US$ | -0.3% |
| 1897 | 214.48 million constant 2022 US$ | +2.5% |
| 1898 | 207.51 million constant 2022 US$ | -3.2% |
| 1899 | 214.60 million constant 2022 US$ | +3.4% |
| 1900 | 216.21 million constant 2022 US$ | +0.8% |
| 1901 | 206.62 million constant 2022 US$ | -4.4% |
| 1902 | 220.77 million constant 2022 US$ | +6.9% |
| 1903 | 232.61 million constant 2022 US$ | +5.4% |
| 1904 | 237.47 million constant 2022 US$ | +2.1% |
| 1905 | 261.74 million constant 2022 US$ | +10.2% |
| 1906 | 282.08 million constant 2022 US$ | +7.8% |
| 1907 | 272.06 million constant 2022 US$ | -3.6% |
| 1908 | 283.81 million constant 2022 US$ | +4.3% |
| 1909 | 314.19 million constant 2022 US$ | +10.7% |
| 1910 | 285.34 million constant 2022 US$ | -9.2% |
| 1911 | 299.35 million constant 2022 US$ | +4.9% |
| 1912 | 278.58 million constant 2022 US$ | -6.9% |
| 1913 | 271.44 million constant 2022 US$ | -2.6% |
| 1914 | 149.66 million constant 2022 US$ | -44.9% |
| 1915 | 158.42 million constant 2022 US$ | +5.9% |
| 1916 | 136.05 million constant 2022 US$ | -14.1% |
| 1917 | 134.55 million constant 2022 US$ | -1.1% |
| 1918 | 153.59 million constant 2022 US$ | +14.1% |
| 1919 | 134.66 million constant 2022 US$ | -12.3% |
| 1920 | 114.45 million constant 2022 US$ | -15.0% |
| 1921 | 131.74 million constant 2022 US$ | +15.1% |
| 1922 | 121.67 million constant 2022 US$ | -7.6% |
| 1923 | 95.82 million constant 2022 US$ | -21.2% |
| 1924 | 93.06 million constant 2022 US$ | -2.9% |
| 1925 | 121.84 million constant 2022 US$ | +30.9% |
| 1926 | 151.44 million constant 2022 US$ | +24.3% |
| 1927 | 189.68 million constant 2022 US$ | +25.2% |
| 1928 | 216.15 million constant 2022 US$ | +14.0% |
| 1929 | 229.23 million constant 2022 US$ | +6.0% |
| 1930 | 238.41 million constant 2022 US$ | +4.0% |
| 1931 | 235.28 million constant 2022 US$ | -1.3% |
| 1932 | 248.69 million constant 2022 US$ | +5.7% |
| 1933 | 256.73 million constant 2022 US$ | +3.2% |
| 1934 | 328.71 million constant 2022 US$ | +28.0% |
| 1935 | 327.21 million constant 2022 US$ | -0.5% |
| 1936 | 343.71 million constant 2022 US$ | +5.0% |
| 1937 | 393.30 million constant 2022 US$ | +14.4% |
| 1938 | 457.12 million constant 2022 US$ | +16.2% |
| 1939 | 475.91 million constant 2022 US$ | +4.1% |
| 1940 | 539.03 million constant 2022 US$ | +13.3% |
| 1941 | 557.20 million constant 2022 US$ | +3.4% |
| 1942 | 559.19 million constant 2022 US$ | +0.4% |
| 1943 | 556.82 million constant 2022 US$ | -0.4% |
| 1944 | 603.34 million constant 2022 US$ | +8.4% |
| 1945 | 656.00 million constant 2022 US$ | +8.7% |
| 1946 | 566.97 million constant 2022 US$ | -13.6% |
| 1947 | 521.89 million constant 2022 US$ | -8.0% |
| 1948 | 496.78 million constant 2022 US$ | -4.8% |
| 1949 | 533.10 million constant 2022 US$ | +7.3% |
| 1950 | 484.67 million constant 2022 US$ | -9.1% |
| 1951 | 459.06 million constant 2022 US$ | -5.3% |
| 1952 | 535.05 million constant 2022 US$ | +16.6% |
| 1953 | 583.08 million constant 2022 US$ | +9.0% |
| 1954 | 612.04 million constant 2022 US$ | +5.0% |
| 1955 | 599.33 million constant 2022 US$ | -2.1% |
| 1956 | 670.58 million constant 2022 US$ | +11.9% |
| 1957 | 688.74 million constant 2022 US$ | +2.7% |
| 1958 | 716.70 million constant 2022 US$ | +4.1% |
| 1959 | 734.43 million constant 2022 US$ | +2.5% |
| 1960 | 800.25 million constant 2022 US$ | +9.0% |
| 1961 | 1.16 billion constant 2022 US$ | +45.5% |
| 1962 | 1.43 billion constant 2022 US$ | +22.4% |
| 1963 | 1.44 billion constant 2022 US$ | +1.3% |
| 1964 | 1.58 billion constant 2022 US$ | +9.5% |
| 1965 | 1.70 billion constant 2022 US$ | +7.5% |
| 1966 | 1.84 billion constant 2022 US$ | +8.1% |
| 1967 | 2.29 billion constant 2022 US$ | +24.4% |
| 1968 | 2.50 billion constant 2022 US$ | +9.5% |
| 1969 | 2.41 billion constant 2022 US$ | -3.6% |
| 1970 | 2.64 billion constant 2022 US$ | +9.2% |
| 1971 | 2.91 billion constant 2022 US$ | +10.4% |
| 1972 | 3.11 billion constant 2022 US$ | +6.9% |
| 1973 | 3.09 billion constant 2022 US$ | -0.6% |
| 1974 | 3.65 billion constant 2022 US$ | +18.0% |
| 1975 | 3.22 billion constant 2022 US$ | -11.7% |
| 1976 | 2.44 billion constant 2022 US$ | -24.2% |
| 1977 | 1.98 billion constant 2022 US$ | -19.0% |
| 1978 | 1.87 billion constant 2022 US$ | -5.7% |
| 1979 | 1.96 billion constant 2022 US$ | +5.2% |
| 1980 | 1.98 billion constant 2022 US$ | +1.0% |
| 1981 | 1.91 billion constant 2022 US$ | -3.7% |
| 1982 | 2.03 billion constant 2022 US$ | +6.2% |
| 1983 | 1.95 billion constant 2022 US$ | -3.7% |
| 1984 | 1.96 billion constant 2022 US$ | +0.4% |
| 1985 | 2.08 billion constant 2022 US$ | +5.9% |
| 1986 | 2.28 billion constant 2022 US$ | +9.7% |
| 1987 | 2.50 billion constant 2022 US$ | +9.6% |
| 1988 | 2.74 billion constant 2022 US$ | +9.8% |
| 1989 | 2.80 billion constant 2022 US$ | +2.2% |
| 1990 | 2.84 billion constant 2022 US$ | +1.6% |
| 1991 | 2.99 billion constant 2022 US$ | +5.2% |
| 1992 | 3.27 billion constant 2022 US$ | +9.1% |
| 1993 | 3.43 billion constant 2022 US$ | +5.0% |
| 1994 | 3.42 billion constant 2022 US$ | -0.2% |
| 1995 | 3.62 billion constant 2022 US$ | +5.7% |
| 1996 | 3.53 billion constant 2022 US$ | -2.3% |
| 1997 | 3.48 billion constant 2022 US$ | -1.6% |
| 1998 | 3.41 billion constant 2022 US$ | -1.9% |
| 1999 | 3.27 billion constant 2022 US$ | -4.2% |
| 2000 | 3.29 billion constant 2022 US$ | +0.8% |
| 2001 | 3.40 billion constant 2022 US$ | +3.3% |
| 2002 | 3.47 billion constant 2022 US$ | +1.8% |
| 2003 | 3.58 billion constant 2022 US$ | +3.2% |
| 2004 | 4.06 billion constant 2022 US$ | +13.5% |
| 2005 | 4.08 billion constant 2022 US$ | +0.5% |
| 2006 | 4.00 billion constant 2022 US$ | -2.0% |
| 2007 | 4.32 billion constant 2022 US$ | +8.0% |
| 2008 | 4.56 billion constant 2022 US$ | +5.7% |
| 2009 | 4.28 billion constant 2022 US$ | -6.2% |
| 2010 | 3.84 billion constant 2022 US$ | -10.2% |
| 2011 | 3.67 billion constant 2022 US$ | -4.4% |
| 2012 | 3.30 billion constant 2022 US$ | -10.2% |
| 2013 | 3.19 billion constant 2022 US$ | -3.2% |
| 2014 | 3.02 billion constant 2022 US$ | -5.5% |
| 2015 | 2.90 billion constant 2022 US$ | -3.9% |
| 2016 | 2.94 billion constant 2022 US$ | +1.2% |
| 2017 | 3.13 billion constant 2022 US$ | +6.6% |
| 2018 | 3.29 billion constant 2022 US$ | +4.9% |
| 2019 | 3.84 billion constant 2022 US$ | +16.9% |
| 2020 | 3.93 billion constant 2022 US$ | +2.3% |
| 2021 | 4.06 billion constant 2022 US$ | +3.2% |
| 2022 | 4.31 billion constant 2022 US$ | +6.2% |
| 2023 | 4.74 billion constant 2022 US$ | +10.0% |
Portugal compared with similar countries
- Portugal's 4.74 billion constant 2022 US$ is below the median for high income countries, which is 6.50 billion constant 2022 US$, 73% of the median. (55 countries reporting)
- Portugal's 4.74 billion constant 2022 US$ is above the median for Europe & Central Asia, which is 2.44 billion constant 2022 US$, 1.9× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Military spending in Portugal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1914 | -44.9% | 271.44 million constant 2022 US$ | 149.66 million constant 2022 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1810s | 66.28 million constant 2022 US$ | 62.48 million constant 2022 US$ | 72.79 million constant 2022 US$ | 4 |
| 1820s | 96.66 million constant 2022 US$ | 73.12 million constant 2022 US$ | 122.23 million constant 2022 US$ | 10 |
| 1830s | 133.30 million constant 2022 US$ | 116.13 million constant 2022 US$ | 146.56 million constant 2022 US$ | 10 |
| 1840s | 116.43 million constant 2022 US$ | 109.52 million constant 2022 US$ | 125.13 million constant 2022 US$ | 10 |
| 1850s | 115.37 million constant 2022 US$ | 104.11 million constant 2022 US$ | 121.20 million constant 2022 US$ | 10 |
| 1860s | 119.34 million constant 2022 US$ | 107.18 million constant 2022 US$ | 143.10 million constant 2022 US$ | 10 |
| 1870s | 117.58 million constant 2022 US$ | 104.17 million constant 2022 US$ | 137.08 million constant 2022 US$ | 10 |
| 1880s | 160.15 million constant 2022 US$ | 133.31 million constant 2022 US$ | 186.16 million constant 2022 US$ | 10 |
| 1890s | 202.44 million constant 2022 US$ | 187.63 million constant 2022 US$ | 214.60 million constant 2022 US$ | 10 |
| 1900s | 252.76 million constant 2022 US$ | 206.62 million constant 2022 US$ | 314.19 million constant 2022 US$ | 10 |
| 1910s | 200.16 million constant 2022 US$ | 134.55 million constant 2022 US$ | 299.35 million constant 2022 US$ | 10 |
| 1920s | 146.51 million constant 2022 US$ | 93.06 million constant 2022 US$ | 229.23 million constant 2022 US$ | 10 |
| 1930s | 330.51 million constant 2022 US$ | 235.28 million constant 2022 US$ | 475.91 million constant 2022 US$ | 10 |
| 1940s | 559.03 million constant 2022 US$ | 496.78 million constant 2022 US$ | 656.00 million constant 2022 US$ | 10 |
| 1950s | 608.37 million constant 2022 US$ | 459.06 million constant 2022 US$ | 734.43 million constant 2022 US$ | 10 |
| 1960s | 1.72 billion constant 2022 US$ | 800.25 million constant 2022 US$ | 2.50 billion constant 2022 US$ | 10 |
| 1970s | 2.69 billion constant 2022 US$ | 1.87 billion constant 2022 US$ | 3.65 billion constant 2022 US$ | 10 |
| 1980s | 2.22 billion constant 2022 US$ | 1.91 billion constant 2022 US$ | 2.80 billion constant 2022 US$ | 10 |
| 1990s | 3.33 billion constant 2022 US$ | 2.84 billion constant 2022 US$ | 3.62 billion constant 2022 US$ | 10 |
| 2000s | 3.90 billion constant 2022 US$ | 3.29 billion constant 2022 US$ | 4.56 billion constant 2022 US$ | 10 |
| 2010s | 3.31 billion constant 2022 US$ | 2.90 billion constant 2022 US$ | 3.84 billion constant 2022 US$ | 10 |
| 2020s | 4.26 billion constant 2022 US$ | 3.93 billion constant 2022 US$ | 4.74 billion constant 2022 US$ | 4 |
Countries ranked near Portugal
More reference data data for Portugal
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.5144 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.4372 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.51 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0472 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.51 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.72 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.02 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.81 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 6.9 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.2572 (2050)
Frequently asked questions
- What is military spending in Portugal?
- Military spending in Portugal was 4.74 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 Portugal?
- The highest recorded value was 4.74 billion constant 2022 US$ in 2023.
- What is the lowest military spending recorded in Portugal?
- The lowest recorded value was 62.48 million constant 2022 US$ in 1817.
- How does Portugal rank for military spending?
- Portugal ranks 52nd out of 172 countries with data for 2023.
- Is military spending 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 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 — 208 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.