Military spending, per unit of GDP in Greece
Greece: Military spending, per unit of GDP was 0.0386 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
0.0386 constant 2022 US$ per US$ of GDP
Change on year
down 8.9%
World rank
23rd
of 170 countries
All-time high
0.2932 constant 2022 US$ per US$ of GDP
in 1960
All-time low
0.0273 constant 2022 US$ per US$ of GDP
in 2014
Years of data
64
1960–2023
Military spending, per unit of GDP in Greece, 1960–2023
Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.
Analysis
Greece recorded 0.0386 constant 2022 US$ per US$ of GDP for military spending, per unit of gdp in 2023.
Compared with earlier readings it is down 8.9% on the previous year and up 41.1% over ten years.
Over the whole period, military spending, per unit of gdp in Greece peaked at 0.2932 constant 2022 US$ per US$ of GDP in 1960 and was at its lowest, 0.0273 constant 2022 US$ per US$ of GDP, in 2014.
That places Greece 23rd out of 170 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending, per unit of GDP in Greece, year by year
| Year | constant 2022 US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.2932 constant 2022 US$ per US$ of GDP | — |
| 1961 | 0.2719 constant 2022 US$ per US$ of GDP | -7.3% |
| 1962 | 0.268 constant 2022 US$ per US$ of GDP | -1.4% |
| 1963 | 0.2335 constant 2022 US$ per US$ of GDP | -12.9% |
| 1964 | 0.2174 constant 2022 US$ per US$ of GDP | -6.9% |
| 1965 | 0.22 constant 2022 US$ per US$ of GDP | +1.2% |
| 1966 | 0.2128 constant 2022 US$ per US$ of GDP | -3.3% |
| 1967 | 0.2367 constant 2022 US$ per US$ of GDP | +11.2% |
| 1968 | 0.247 constant 2022 US$ per US$ of GDP | +4.3% |
| 1969 | 0.2394 constant 2022 US$ per US$ of GDP | -3.1% |
| 1970 | 0.2301 constant 2022 US$ per US$ of GDP | -3.9% |
| 1971 | 0.212 constant 2022 US$ per US$ of GDP | -7.9% |
| 1972 | 0.1942 constant 2022 US$ per US$ of GDP | -8.4% |
| 1973 | 0.1547 constant 2022 US$ per US$ of GDP | -20.4% |
| 1974 | 0.1432 constant 2022 US$ per US$ of GDP | -7.4% |
| 1975 | 0.1798 constant 2022 US$ per US$ of GDP | +25.5% |
| 1976 | 0.1721 constant 2022 US$ per US$ of GDP | -4.3% |
| 1977 | 0.1494 constant 2022 US$ per US$ of GDP | -13.2% |
| 1978 | 0.1357 constant 2022 US$ per US$ of GDP | -9.1% |
| 1979 | 0.1209 constant 2022 US$ per US$ of GDP | -10.9% |
| 1980 | 0.1037 constant 2022 US$ per US$ of GDP | -14.2% |
| 1981 | 0.1161 constant 2022 US$ per US$ of GDP | +11.9% |
| 1982 | 0.1164 constant 2022 US$ per US$ of GDP | +0.2% |
| 1983 | 0.1174 constant 2022 US$ per US$ of GDP | +0.9% |
| 1984 | 0.1303 constant 2022 US$ per US$ of GDP | +11.0% |
| 1985 | 0.1199 constant 2022 US$ per US$ of GDP | -8.0% |
| 1986 | 0.1031 constant 2022 US$ per US$ of GDP | -14.0% |
| 1987 | 0.0868 constant 2022 US$ per US$ of GDP | -15.8% |
| 1988 | 0.084 constant 2022 US$ per US$ of GDP | -3.3% |
| 1989 | 0.0781 constant 2022 US$ per US$ of GDP | -7.0% |
| 1990 | 0.0641 constant 2022 US$ per US$ of GDP | -17.9% |
| 1991 | 0.0599 constant 2022 US$ per US$ of GDP | -6.7% |
| 1992 | 0.0588 constant 2022 US$ per US$ of GDP | -1.8% |
| 1993 | 0.063 constant 2022 US$ per US$ of GDP | +7.1% |
| 1994 | 0.0562 constant 2022 US$ per US$ of GDP | -10.8% |
| 1995 | 0.0568 constant 2022 US$ per US$ of GDP | +1.1% |
| 1996 | 0.0562 constant 2022 US$ per US$ of GDP | -1.0% |
| 1997 | 0.0583 constant 2022 US$ per US$ of GDP | +3.8% |
| 1998 | 0.0594 constant 2022 US$ per US$ of GDP | +1.8% |
| 1999 | 0.0573 constant 2022 US$ per US$ of GDP | -3.5% |
| 2000 | 0.0636 constant 2022 US$ per US$ of GDP | +10.8% |
| 2001 | 0.0598 constant 2022 US$ per US$ of GDP | -5.8% |
| 2002 | 0.0519 constant 2022 US$ per US$ of GDP | -13.3% |
| 2003 | 0.0387 constant 2022 US$ per US$ of GDP | -25.4% |
| 2004 | 0.0355 constant 2022 US$ per US$ of GDP | -8.4% |
| 2005 | 0.038 constant 2022 US$ per US$ of GDP | +7.1% |
| 2006 | 0.036 constant 2022 US$ per US$ of GDP | -5.3% |
| 2007 | 0.0342 constant 2022 US$ per US$ of GDP | -5.0% |
| 2008 | 0.0343 constant 2022 US$ per US$ of GDP | +0.3% |
| 2009 | 0.0343 constant 2022 US$ per US$ of GDP | +0.2% |
| 2010 | 0.0333 constant 2022 US$ per US$ of GDP | -3.0% |
| 2011 | 0.0298 constant 2022 US$ per US$ of GDP | -10.4% |
| 2012 | 0.03 constant 2022 US$ per US$ of GDP | +0.6% |
| 2013 | 0.0274 constant 2022 US$ per US$ of GDP | -8.8% |
| 2014 | 0.0273 constant 2022 US$ per US$ of GDP | -0.3% |
| 2015 | 0.0292 constant 2022 US$ per US$ of GDP | +7.1% |
| 2016 | 0.0294 constant 2022 US$ per US$ of GDP | +0.6% |
| 2017 | 0.0298 constant 2022 US$ per US$ of GDP | +1.4% |
| 2018 | 0.0296 constant 2022 US$ per US$ of GDP | -0.6% |
| 2019 | 0.0334 constant 2022 US$ per US$ of GDP | +12.7% |
| 2020 | 0.0377 constant 2022 US$ per US$ of GDP | +13.0% |
| 2021 | 0.0388 constant 2022 US$ per US$ of GDP | +2.8% |
| 2022 | 0.0424 constant 2022 US$ per US$ of GDP | +9.4% |
| 2023 | 0.0386 constant 2022 US$ per US$ of GDP | -8.9% |
Greece compared with similar countries
- Greece's 0.0386 constant 2022 US$ per US$ of GDP is above the median for high income countries, which is 0.0189 constant 2022 US$ per US$ of GDP, 2.0× the median. (55 countries reporting)
- Greece's 0.0386 constant 2022 US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.0185 constant 2022 US$ per US$ of GDP, 2.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.244 constant 2022 US$ per US$ of GDP | 0.2128 constant 2022 US$ per US$ of GDP | 0.2932 constant 2022 US$ per US$ of GDP | 10 |
| 1970s | 0.1692 constant 2022 US$ per US$ of GDP | 0.1209 constant 2022 US$ per US$ of GDP | 0.2301 constant 2022 US$ per US$ of GDP | 10 |
| 1980s | 0.1056 constant 2022 US$ per US$ of GDP | 0.0781 constant 2022 US$ per US$ of GDP | 0.1303 constant 2022 US$ per US$ of GDP | 10 |
| 1990s | 0.059 constant 2022 US$ per US$ of GDP | 0.0562 constant 2022 US$ per US$ of GDP | 0.0641 constant 2022 US$ per US$ of GDP | 10 |
| 2000s | 0.0426 constant 2022 US$ per US$ of GDP | 0.0342 constant 2022 US$ per US$ of GDP | 0.0636 constant 2022 US$ per US$ of GDP | 10 |
| 2010s | 0.0299 constant 2022 US$ per US$ of GDP | 0.0273 constant 2022 US$ per US$ of GDP | 0.0334 constant 2022 US$ per US$ of GDP | 10 |
| 2020s | 0.0394 constant 2022 US$ per US$ of GDP | 0.0377 constant 2022 US$ per US$ of GDP | 0.0424 constant 2022 US$ per US$ of GDP | 4 |
Countries ranked near Greece
- 20 Afghanistan 0.0401 constant 2022 US$ per US$ of GDP compare
- 21 Burundi 0.04 constant 2022 US$ per US$ of GDP compare
- 22 Burkina Faso 0.0395 constant 2022 US$ per US$ of GDP compare
- 24 United States 0.0383 constant 2022 US$ per US$ of GDP compare
- 25 Bahrain 0.0378 constant 2022 US$ per US$ of GDP compare
- 26 Brunei 0.0375 constant 2022 US$ per US$ of GDP compare
More reference data data for Greece
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4067 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.38 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.86 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2183 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.86 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.36 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.7298 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 4.78 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 11.6 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.19 (2050)
Frequently asked questions
- What is military spending, per unit of gdp in Greece?
- Military spending, per unit of gdp in Greece was 0.0386 constant 2022 US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest military spending, per unit of gdp recorded in Greece?
- The highest recorded value was 0.2932 constant 2022 US$ per US$ of GDP in 1960.
- What is the lowest military spending, per unit of gdp recorded in Greece?
- The lowest recorded value was 0.0273 constant 2022 US$ per US$ of GDP in 2014.
- How does Greece rank for military spending, per unit of gdp?
- Greece ranks 23rd out of 170 countries with data for 2023.
- Is military spending, per unit of gdp rising or falling in Greece?
- Over the last ten years it is up 41.1%. The long-run trend across the full record is volatile.
- Where does this Greece data come from?
- The figures come from Statizoid (derived), published as part of Military spending, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military spending ÷ GDP (current US$)
Computed from
- Military spending Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.