Military spending in Spain

Spain: Military spending was 26.09 billion constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
26.09 billion constant 2022 US$
Change on year
up 13.9%
World rank
18th
of 172 countries
All-time high
26.09 billion constant 2022 US$
in 2023
All-time low
107.69 million constant 2022 US$
in 1832
Years of data
208
1816–2023

Military spending in Spain, 1816–2023

010.0B20.0B30.0B181619192023

Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

Spain recorded 26.09 billion constant 2022 US$ for military spending in 2023. That is the highest value across all 208 years on record.

That represents a change of up 13.9% on the previous year and up 62.6% over ten years.

Over the whole period, military spending in Spain peaked at 26.09 billion constant 2022 US$ in 2023 and was at its lowest, 107.69 million constant 2022 US$, in 1832.

Spain ranks 18th of 172 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending in Spain, year by year

Annual values for Military spending in Spain, 1816 to 2023.
Year constant 2022 US$ Change
1816 453.59 million constant 2022 US$
1817 387.00 million constant 2022 US$ -14.7%
1818 369.94 million constant 2022 US$ -4.4%
1819 382.94 million constant 2022 US$ +3.5%
1820 394.26 million constant 2022 US$ +3.0%
1821 156.59 million constant 2022 US$ -60.3%
1822 159.25 million constant 2022 US$ +1.7%
1823 165.46 million constant 2022 US$ +3.9%
1824 177.15 million constant 2022 US$ +7.1%
1825 180.16 million constant 2022 US$ +1.7%
1826 191.42 million constant 2022 US$ +6.2%
1827 198.68 million constant 2022 US$ +3.8%
1828 204.60 million constant 2022 US$ +3.0%
1829 213.14 million constant 2022 US$ +4.2%
1830 131.05 million constant 2022 US$ -38.5%
1831 113.58 million constant 2022 US$ -13.3%
1832 107.69 million constant 2022 US$ -5.2%
1833 121.13 million constant 2022 US$ +12.5%
1834 130.43 million constant 2022 US$ +7.7%
1835 138.83 million constant 2022 US$ +6.4%
1836 131.71 million constant 2022 US$ -5.1%
1837 254.07 million constant 2022 US$ +92.9%
1838 271.30 million constant 2022 US$ +6.8%
1839 338.65 million constant 2022 US$ +24.8%
1840 312.15 million constant 2022 US$ -7.8%
1841 299.35 million constant 2022 US$ -4.1%
1842 289.02 million constant 2022 US$ -3.5%
1843 275.03 million constant 2022 US$ -4.8%
1844 257.38 million constant 2022 US$ -6.4%
1845 259.95 million constant 2022 US$ +1.0%
1846 260.26 million constant 2022 US$ +0.1%
1847 312.67 million constant 2022 US$ +20.1%
1848 505.63 million constant 2022 US$ +61.7%
1849 533.43 million constant 2022 US$ +5.5%
1850 528.03 million constant 2022 US$ -1.0%
1851 559.74 million constant 2022 US$ +6.0%
1852 550.33 million constant 2022 US$ -1.7%
1853 555.78 million constant 2022 US$ +1.0%
1854 533.57 million constant 2022 US$ -4.0%
1855 551.27 million constant 2022 US$ +3.3%
1856 576.18 million constant 2022 US$ +4.5%
1857 580.52 million constant 2022 US$ +0.8%
1858 636.74 million constant 2022 US$ +9.7%
1859 578.68 million constant 2022 US$ -9.1%
1860 695.19 million constant 2022 US$ +20.1%
1861 633.62 million constant 2022 US$ -8.9%
1862 626.43 million constant 2022 US$ -1.1%
1863 626.18 million constant 2022 US$ -0.0%
1864 713.79 million constant 2022 US$ +14.0%
1865 552.77 million constant 2022 US$ -22.6%
1866 492.00 million constant 2022 US$ -11.0%
1867 523.69 million constant 2022 US$ +6.4%
1868 540.25 million constant 2022 US$ +3.2%
1869 563.10 million constant 2022 US$ +4.2%
1870 513.63 million constant 2022 US$ -8.8%
1871 531.04 million constant 2022 US$ +3.4%
1872 697.82 million constant 2022 US$ +31.4%
1873 1.04 billion constant 2022 US$ +49.5%
1874 1.16 billion constant 2022 US$ +11.1%
1875 1.09 billion constant 2022 US$ -6.1%
1876 784.28 million constant 2022 US$ -28.0%
1877 730.71 million constant 2022 US$ -6.8%
1878 810.85 million constant 2022 US$ +11.0%
1879 763.59 million constant 2022 US$ -5.8%
1880 712.27 million constant 2022 US$ -6.7%
1881 710.06 million constant 2022 US$ -0.3%
1882 741.89 million constant 2022 US$ +4.5%
1883 775.97 million constant 2022 US$ +4.6%
1884 844.40 million constant 2022 US$ +8.8%
1885 848.00 million constant 2022 US$ +0.4%
1886 875.47 million constant 2022 US$ +3.2%
1887 858.24 million constant 2022 US$ -2.0%
1888 821.31 million constant 2022 US$ -4.3%
1889 841.83 million constant 2022 US$ +2.5%
1890 879.44 million constant 2022 US$ +4.5%
1891 768.79 million constant 2022 US$ -12.6%
1892 782.18 million constant 2022 US$ +1.7%
1893 735.07 million constant 2022 US$ -6.0%
1894 699.07 million constant 2022 US$ -4.9%
1895 721.44 million constant 2022 US$ +3.2%
1896 740.28 million constant 2022 US$ +2.6%
1897 720.94 million constant 2022 US$ -2.6%
1898 751.27 million constant 2022 US$ +4.2%
1899 756.99 million constant 2022 US$ +0.8%
1900 737.27 million constant 2022 US$ -2.6%
1901 715.49 million constant 2022 US$ -3.0%
1902 695.00 million constant 2022 US$ -2.9%
1903 694.17 million constant 2022 US$ -0.1%
1904 685.54 million constant 2022 US$ -1.2%
1905 715.28 million constant 2022 US$ +4.3%
1906 701.77 million constant 2022 US$ -1.9%
1907 752.17 million constant 2022 US$ +7.2%
1908 783.93 million constant 2022 US$ +4.2%
1909 1.17 billion constant 2022 US$ +49.0%
1910 1.09 billion constant 2022 US$ -6.3%
1911 1.22 billion constant 2022 US$ +11.8%
1912 1.34 billion constant 2022 US$ +9.3%
1913 1.80 billion constant 2022 US$ +34.4%
1914 1.95 billion constant 2022 US$ +8.5%
1915 2.47 billion constant 2022 US$ +27.0%
1916 2.54 billion constant 2022 US$ +2.6%
1917 2.33 billion constant 2022 US$ -8.1%
1918 2.29 billion constant 2022 US$ -2.0%
1919 2.03 billion constant 2022 US$ -11.5%
1920 1.71 billion constant 2022 US$ -15.6%
1921 2.01 billion constant 2022 US$ +17.5%
1922 2.01 billion constant 2022 US$ +0.3%
1923 2.09 billion constant 2022 US$ +3.6%
1924 1.91 billion constant 2022 US$ -8.5%
1925 2.09 billion constant 2022 US$ +9.6%
1926 2.08 billion constant 2022 US$ -0.6%
1927 2.04 billion constant 2022 US$ -1.8%
1928 2.06 billion constant 2022 US$ +0.8%
1929 1.98 billion constant 2022 US$ -3.8%
1930 1.64 billion constant 2022 US$ -17.4%
1931 1.29 billion constant 2022 US$ -20.9%
1932 1.08 billion constant 2022 US$ -16.6%
1933 995.75 million constant 2022 US$ -7.8%
1934 1.54 billion constant 2022 US$ +54.7%
1935 1.56 billion constant 2022 US$ +1.1%
1936 2.11 billion constant 2022 US$ +35.5%
1937 1.21 billion constant 2022 US$ -42.7%
1938 1.33 billion constant 2022 US$ +9.6%
1939 1.38 billion constant 2022 US$ +3.8%
1940 1.43 billion constant 2022 US$ +3.7%
1941 1.47 billion constant 2022 US$ +3.3%
1942 1.45 billion constant 2022 US$ -1.6%
1943 1.37 billion constant 2022 US$ -5.6%
1944 1.54 billion constant 2022 US$ +12.2%
1945 1.81 billion constant 2022 US$ +18.1%
1946 1.81 billion constant 2022 US$ +0.0%
1947 1.86 billion constant 2022 US$ +2.4%
1948 1.86 billion constant 2022 US$ +0.3%
1949 1.96 billion constant 2022 US$ +5.5%
1950 1.40 billion constant 2022 US$ -28.9%
1951 1.17 billion constant 2022 US$ -16.4%
1952 1.34 billion constant 2022 US$ +14.9%
1953 1.37 billion constant 2022 US$ +2.4%
1954 1.46 billion constant 2022 US$ +6.1%
1955 1.47 billion constant 2022 US$ +1.1%
1956 1.70 billion constant 2022 US$ +15.4%
1957 1.83 billion constant 2022 US$ +7.9%
1958 1.42 billion constant 2022 US$ -22.5%
1959 1.25 billion constant 2022 US$ -12.3%
1960 1.22 billion constant 2022 US$ -2.5%
1961 1.29 billion constant 2022 US$ +6.2%
1962 1.50 billion constant 2022 US$ +15.9%
1963 1.57 billion constant 2022 US$ +5.2%
1964 1.74 billion constant 2022 US$ +10.5%
1965 2.04 billion constant 2022 US$ +17.3%
1966 2.95 billion constant 2022 US$ +44.4%
1967 3.84 billion constant 2022 US$ +30.4%
1968 4.16 billion constant 2022 US$ +8.1%
1969 4.35 billion constant 2022 US$ +4.5%
1970 4.57 billion constant 2022 US$ +5.1%
1971 5.89 billion constant 2022 US$ +28.9%
1972 6.58 billion constant 2022 US$ +11.8%
1973 7.03 billion constant 2022 US$ +6.8%
1974 7.98 billion constant 2022 US$ +13.5%
1975 8.36 billion constant 2022 US$ +4.7%
1976 8.21 billion constant 2022 US$ -1.8%
1977 8.07 billion constant 2022 US$ -1.7%
1978 8.60 billion constant 2022 US$ +6.6%
1979 10.80 billion constant 2022 US$ +25.6%
1980 10.82 billion constant 2022 US$ +0.2%
1981 10.51 billion constant 2022 US$ -2.9%
1982 10.96 billion constant 2022 US$ +4.2%
1983 10.97 billion constant 2022 US$ +0.1%
1984 12.07 billion constant 2022 US$ +10.0%
1985 12.12 billion constant 2022 US$ +0.4%
1986 13.48 billion constant 2022 US$ +11.3%
1987 14.73 billion constant 2022 US$ +9.3%
1988 15.20 billion constant 2022 US$ +3.2%
1989 15.47 billion constant 2022 US$ +1.8%
1990 15.04 billion constant 2022 US$ -2.8%
1991 14.49 billion constant 2022 US$ -3.7%
1992 15.55 billion constant 2022 US$ +7.3%
1993 14.57 billion constant 2022 US$ -6.3%
1994 15.28 billion constant 2022 US$ +4.9%
1995 15.37 billion constant 2022 US$ +0.6%
1996 14.68 billion constant 2022 US$ -4.4%
1997 14.17 billion constant 2022 US$ -3.5%
1998 14.69 billion constant 2022 US$ +3.7%
1999 14.25 billion constant 2022 US$ -3.0%
2000 13.67 billion constant 2022 US$ -4.1%
2001 13.53 billion constant 2022 US$ -1.0%
2002 14.77 billion constant 2022 US$ +9.2%
2003 15.77 billion constant 2022 US$ +6.8%
2004 18.55 billion constant 2022 US$ +17.6%
2005 18.52 billion constant 2022 US$ -0.1%
2006 19.52 billion constant 2022 US$ +5.4%
2007 22.36 billion constant 2022 US$ +14.6%
2008 22.86 billion constant 2022 US$ +2.2%
2009 21.69 billion constant 2022 US$ -5.1%
2010 19.20 billion constant 2022 US$ -11.5%
2011 18.20 billion constant 2022 US$ -5.2%
2012 17.10 billion constant 2022 US$ -6.0%
2013 16.05 billion constant 2022 US$ -6.1%
2014 16.68 billion constant 2022 US$ +3.9%
2015 14.83 billion constant 2022 US$ -11.1%
2016 14.44 billion constant 2022 US$ -2.7%
2017 16.66 billion constant 2022 US$ +15.4%
2018 18.70 billion constant 2022 US$ +12.2%
2019 19.67 billion constant 2022 US$ +5.2%
2020 20.10 billion constant 2022 US$ +2.2%
2021 22.46 billion constant 2022 US$ +11.7%
2022 22.92 billion constant 2022 US$ +2.0%
2023 26.09 billion constant 2022 US$ +13.9%

Spain compared with similar countries

  • Spain's 26.09 billion constant 2022 US$ is above the median for high income countries, which is 6.50 billion constant 2022 US$, 4.0× the median. (55 countries reporting)
  • Spain's 26.09 billion constant 2022 US$ is above the median for Europe & Central Asia, which is 2.44 billion constant 2022 US$, 10.7× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending in Spain 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
1837 +92.9% 131.71 million constant 2022 US$ 254.07 million constant 2022 US$
1821 -60.3% 394.26 million constant 2022 US$ 156.59 million constant 2022 US$
1848 +61.7% 312.67 million constant 2022 US$ 505.63 million constant 2022 US$
1934 +54.7% 995.75 million constant 2022 US$ 1.54 billion constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1810s 398.37 million constant 2022 US$ 369.94 million constant 2022 US$ 453.59 million constant 2022 US$ 4
1820s 204.07 million constant 2022 US$ 156.59 million constant 2022 US$ 394.26 million constant 2022 US$ 10
1830s 173.84 million constant 2022 US$ 107.69 million constant 2022 US$ 338.65 million constant 2022 US$ 10
1840s 330.49 million constant 2022 US$ 257.38 million constant 2022 US$ 533.43 million constant 2022 US$ 10
1850s 565.08 million constant 2022 US$ 528.03 million constant 2022 US$ 636.74 million constant 2022 US$ 10
1860s 596.70 million constant 2022 US$ 492.00 million constant 2022 US$ 713.79 million constant 2022 US$ 10
1870s 812.42 million constant 2022 US$ 513.63 million constant 2022 US$ 1.16 billion constant 2022 US$ 10
1880s 802.94 million constant 2022 US$ 710.06 million constant 2022 US$ 875.47 million constant 2022 US$ 10
1890s 755.55 million constant 2022 US$ 699.07 million constant 2022 US$ 879.44 million constant 2022 US$ 10
1900s 764.87 million constant 2022 US$ 685.54 million constant 2022 US$ 1.17 billion constant 2022 US$ 10
1910s 1.91 billion constant 2022 US$ 1.09 billion constant 2022 US$ 2.54 billion constant 2022 US$ 10
1920s 2.00 billion constant 2022 US$ 1.71 billion constant 2022 US$ 2.09 billion constant 2022 US$ 10
1930s 1.41 billion constant 2022 US$ 995.75 million constant 2022 US$ 2.11 billion constant 2022 US$ 10
1940s 1.66 billion constant 2022 US$ 1.37 billion constant 2022 US$ 1.96 billion constant 2022 US$ 10
1950s 1.44 billion constant 2022 US$ 1.17 billion constant 2022 US$ 1.83 billion constant 2022 US$ 10
1960s 2.47 billion constant 2022 US$ 1.22 billion constant 2022 US$ 4.35 billion constant 2022 US$ 10
1970s 7.61 billion constant 2022 US$ 4.57 billion constant 2022 US$ 10.80 billion constant 2022 US$ 10
1980s 12.63 billion constant 2022 US$ 10.51 billion constant 2022 US$ 15.47 billion constant 2022 US$ 10
1990s 14.81 billion constant 2022 US$ 14.17 billion constant 2022 US$ 15.55 billion constant 2022 US$ 10
2000s 18.13 billion constant 2022 US$ 13.53 billion constant 2022 US$ 22.86 billion constant 2022 US$ 10
2010s 17.15 billion constant 2022 US$ 14.44 billion constant 2022 US$ 19.67 billion constant 2022 US$ 10
2020s 22.89 billion constant 2022 US$ 20.10 billion constant 2022 US$ 26.09 billion constant 2022 US$ 4

Countries ranked near Spain

  1. 15 Israel 31.61 billion constant 2022 US$ compare
  2. 16 Brazil 27.35 billion constant 2022 US$ compare
  3. 17 Poland 26.65 billion constant 2022 US$ compare
  4. 19 United Arab Emirates 24.89 billion constant 2022 US$ compare
  5. 20 Taiwan 19.60 billion constant 2022 US$ compare
  6. 21 Netherlands 18.59 billion constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Spain

All data for Spain →

Frequently asked questions

What is military spending in Spain?
Military spending in Spain was 26.09 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 Spain?
The highest recorded value was 26.09 billion constant 2022 US$ in 2023.
What is the lowest military spending recorded in Spain?
The lowest recorded value was 107.69 million constant 2022 US$ in 1832.
How does Spain rank for military spending?
Spain ranks 18th out of 172 countries with data for 2023.
Is military spending rising or falling in Spain?
Over the last ten years it is up 62.6%. The long-run trend across the full record is volatile.
Where does this Spain 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.

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Military spending in Spain. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/spain/

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About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

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.