Military spending in Portugal
Portugal: Military spending was 4.74 billion constant 2022 US$ in 2023. ◆ Volatile
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$, in 1817.
Portugal ranks 52nd of 172 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1810s | 66.28 million constant 2022 US$ | 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
- Spring temperature anomalies 0.5537 °C (2026)
- Summer temperature anomalies 2.05 °C (2026)
- Temperature anomalies by month 0.3824 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies -0.3904 °C (2025)
- Winter temperature anomalies 0.0004 °C (2025)
- Consumer price index 132.05 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 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.