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.

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.

Download this data

CSV · JSON — 208 observations, free to reuse under CC BY 4.0 (Our World in Data).

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.