Military spending, per unit of GDP in Portugal

Portugal: Military spending, per unit of GDP was 0.0162 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile

Latest (2023)
0.0162 constant 2022 US$ per US$ of GDP
Change on year
down 3.3%
World rank
88th
of 170 countries
All-time high
0.381 constant 2022 US$ per US$ of GDP
in 1967
All-time low
0.0131 constant 2022 US$ per US$ of GDP
in 2014
Years of data
64
1960–2023

Military spending, per unit of GDP in Portugal, 1960–2023

00.10.20.30.4196019912023

Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.

Analysis

Portugal recorded 0.0162 constant 2022 US$ per US$ of GDP for military spending, per unit of gdp in 2023.

Compared with earlier readings it is down 3.3% on the previous year and up 15.1% over ten years.

Over the whole period, military spending, per unit of gdp in Portugal peaked at 0.381 constant 2022 US$ per US$ of GDP in 1967 and was at its lowest, 0.0131 constant 2022 US$ per US$ of GDP, in 2014.

That places Portugal 88th out of 170 countries with data for 2023, putting it in the middle of the range.

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

Military spending, per unit of GDP in Portugal, year by year

Annual values for Military spending, per unit of GDP in Portugal, 1960 to 2023.
Year constant 2022 US$ per US$ of GDP Change
1960 0.2397 constant 2022 US$ per US$ of GDP
1961 0.3258 constant 2022 US$ per US$ of GDP +36.0%
1962 0.3716 constant 2022 US$ per US$ of GDP +14.0%
1963 0.3535 constant 2022 US$ per US$ of GDP -4.9%
1964 0.357 constant 2022 US$ per US$ of GDP +1.0%
1965 0.3469 constant 2022 US$ per US$ of GDP -2.8%
1966 0.3422 constant 2022 US$ per US$ of GDP -1.3%
1967 0.381 constant 2022 US$ per US$ of GDP +11.3%
1968 0.3769 constant 2022 US$ per US$ of GDP -1.1%
1969 0.3313 constant 2022 US$ per US$ of GDP -12.1%
1970 0.3253 constant 2022 US$ per US$ of GDP -1.8%
1971 0.3164 constant 2022 US$ per US$ of GDP -2.7%
1972 0.2768 constant 2022 US$ per US$ of GDP -12.5%
1973 0.2048 constant 2022 US$ per US$ of GDP -26.0%
1974 0.2083 constant 2022 US$ per US$ of GDP +1.7%
1975 0.1665 constant 2022 US$ per US$ of GDP -20.1%
1976 0.1201 constant 2022 US$ per US$ of GDP -27.8%
1977 0.0923 constant 2022 US$ per US$ of GDP -23.2%
1978 0.0795 constant 2022 US$ per US$ of GDP -13.9%
1979 0.0738 constant 2022 US$ per US$ of GDP -7.2%
1980 0.0603 constant 2022 US$ per US$ of GDP -18.2%
1981 0.0597 constant 2022 US$ per US$ of GDP -0.9%
1982 0.0664 constant 2022 US$ per US$ of GDP +11.2%
1983 0.0717 constant 2022 US$ per US$ of GDP +7.9%
1984 0.0777 constant 2022 US$ per US$ of GDP +8.4%
1985 0.0766 constant 2022 US$ per US$ of GDP -1.5%
1986 0.0588 constant 2022 US$ per US$ of GDP -23.3%
1987 0.0518 constant 2022 US$ per US$ of GDP -11.9%
1988 0.0486 constant 2022 US$ per US$ of GDP -6.1%
1989 0.0462 constant 2022 US$ per US$ of GDP -5.0%
1990 0.0361 constant 2022 US$ per US$ of GDP -21.8%
1991 0.0335 constant 2022 US$ per US$ of GDP -7.2%
1992 0.0303 constant 2022 US$ per US$ of GDP -9.5%
1993 0.0361 constant 2022 US$ per US$ of GDP +18.9%
1994 0.0343 constant 2022 US$ per US$ of GDP -4.9%
1995 0.0306 constant 2022 US$ per US$ of GDP -10.8%
1996 0.0288 constant 2022 US$ per US$ of GDP -5.9%
1997 0.0297 constant 2022 US$ per US$ of GDP +3.1%
1998 0.0275 constant 2022 US$ per US$ of GDP -7.4%
1999 0.0256 constant 2022 US$ per US$ of GDP -6.8%
2000 0.0278 constant 2022 US$ per US$ of GDP +8.3%
2001 0.028 constant 2022 US$ per US$ of GDP +0.8%
2002 0.0257 constant 2022 US$ per US$ of GDP -8.2%
2003 0.0216 constant 2022 US$ per US$ of GDP -15.8%
2004 0.0214 constant 2022 US$ per US$ of GDP -1.0%
2005 0.0207 constant 2022 US$ per US$ of GDP -3.5%
2006 0.0191 constant 2022 US$ per US$ of GDP -7.4%
2007 0.0179 constant 2022 US$ per US$ of GDP -6.3%
2008 0.0173 constant 2022 US$ per US$ of GDP -3.5%
2009 0.0175 constant 2022 US$ per US$ of GDP +1.0%
2010 0.0161 constant 2022 US$ per US$ of GDP -7.8%
2011 0.015 constant 2022 US$ per US$ of GDP -7.1%
2012 0.0152 constant 2022 US$ per US$ of GDP +1.8%
2013 0.0141 constant 2022 US$ per US$ of GDP -7.5%
2014 0.0131 constant 2022 US$ per US$ of GDP -6.9%
2015 0.0146 constant 2022 US$ per US$ of GDP +11.1%
2016 0.0142 constant 2022 US$ per US$ of GDP -2.3%
2017 0.0142 constant 2022 US$ per US$ of GDP -0.4%
2018 0.0136 constant 2022 US$ per US$ of GDP -4.3%
2019 0.016 constant 2022 US$ per US$ of GDP +17.9%
2020 0.0171 constant 2022 US$ per US$ of GDP +7.0%
2021 0.0158 constant 2022 US$ per US$ of GDP -7.5%
2022 0.0168 constant 2022 US$ per US$ of GDP +5.9%
2023 0.0162 constant 2022 US$ per US$ of GDP -3.3%

Portugal compared with similar countries

  • Portugal's 0.0162 constant 2022 US$ per US$ of GDP is below the median for high income countries, which is 0.0189 constant 2022 US$ per US$ of GDP, 86% of the median. (55 countries reporting)
  • Portugal's 0.0162 constant 2022 US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.0185 constant 2022 US$ per US$ of GDP, 88% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.3426 constant 2022 US$ per US$ of GDP 0.2397 constant 2022 US$ per US$ of GDP 0.381 constant 2022 US$ per US$ of GDP 10
1970s 0.1864 constant 2022 US$ per US$ of GDP 0.0738 constant 2022 US$ per US$ of GDP 0.3253 constant 2022 US$ per US$ of GDP 10
1980s 0.0618 constant 2022 US$ per US$ of GDP 0.0462 constant 2022 US$ per US$ of GDP 0.0777 constant 2022 US$ per US$ of GDP 10
1990s 0.0313 constant 2022 US$ per US$ of GDP 0.0256 constant 2022 US$ per US$ of GDP 0.0361 constant 2022 US$ per US$ of GDP 10
2000s 0.0217 constant 2022 US$ per US$ of GDP 0.0173 constant 2022 US$ per US$ of GDP 0.028 constant 2022 US$ per US$ of GDP 10
2010s 0.0146 constant 2022 US$ per US$ of GDP 0.0131 constant 2022 US$ per US$ of GDP 0.0161 constant 2022 US$ per US$ of GDP 10
2020s 0.0165 constant 2022 US$ per US$ of GDP 0.0158 constant 2022 US$ per US$ of GDP 0.0171 constant 2022 US$ per US$ of GDP 4

Countries ranked near Portugal

  1. 85 Honduras 0.017 constant 2022 US$ per US$ of GDP compare
  2. 86 Angola 0.0167 constant 2022 US$ per US$ of GDP compare
  3. 87 Netherlands 0.0164 constant 2022 US$ per US$ of GDP compare
  4. 89 Georgia 0.0162 constant 2022 US$ per US$ of GDP compare
  5. 90 Zimbabwe 0.0161 constant 2022 US$ per US$ of GDP compare
  6. 91 Spain 0.0161 constant 2022 US$ per US$ of GDP compare

See the full ranking of 170 places →

More reference data data for Portugal

All data for Portugal →

Frequently asked questions

What is military spending, per unit of gdp in Portugal?
Military spending, per unit of gdp in Portugal was 0.0162 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 Portugal?
The highest recorded value was 0.381 constant 2022 US$ per US$ of GDP in 1967.
What is the lowest military spending, per unit of gdp recorded in Portugal?
The lowest recorded value was 0.0131 constant 2022 US$ per US$ of GDP in 2014.
How does Portugal rank for military spending, per unit of gdp?
Portugal ranks 88th out of 170 countries with data for 2023.
Is military spending, per unit of gdp rising or falling in Portugal?
Over the last ten years it is up 15.1%. The long-run trend across the full record is volatile.
Where does this Portugal 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.

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Military spending, per unit of GDP in Portugal. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp-2/portugal/

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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

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

Indicator
Military spending, per unit of GDP
Unit
constant 2022 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 9,064 data points, 1960–2023
Last refreshed

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.