Military spending in Bulgaria

Bulgaria: Military spending was 2.40 billion constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
2.40 billion constant 2024 US$
Change on year
up 9.3%
World rank
66th
of 162 countries
All-time high
5.24 billion constant 2024 US$
in 1989
All-time low
845.53 million constant 2024 US$
in 1997
Years of data
37
1989–2025

Military spending in Bulgaria, 1989–2025

1.0B2.0B3.0B4.0B5.0B1989200720251989: 5.2B constant 2024 US$1990: 4.2B constant 2024 US$1991: 2.3B constant 2024 US$1992: 1.7B constant 2024 US$1993: 1.3B constant 2024 US$1994: 1.1B constant 2024 US$1995: 1.1B constant 2024 US$1996: 905.6M constant 2024 US$1997: 845.5M constant 2024 US$1998: 977.7M constant 2024 US$1999: 1.1B constant 2024 US$2000: 1.1B constant 2024 US$2001: 1.3B constant 2024 US$2002: 1.3B constant 2024 US$2003: 1.3B constant 2024 US$2004: 1.2B constant 2024 US$2005: 1.2B constant 2024 US$2006: 1.2B constant 2024 US$2007: 1.4B constant 2024 US$2008: 1.4B constant 2024 US$2009: 1.1B constant 2024 US$2010: 1.1B constant 2024 US$2011: 879.1M constant 2024 US$2012: 880.3M constant 2024 US$2013: 949.6M constant 2024 US$2014: 887.5M constant 2024 US$2015: 899.7M constant 2024 US$2016: 963.9M constant 2024 US$2017: 999.3M constant 2024 US$2018: 1.2B constant 2024 US$2019: 2.8B constant 2024 US$2020: 1.4B constant 2024 US$2021: 1.5B constant 2024 US$2022: 1.7B constant 2024 US$2023: 2.0B constant 2024 US$2024: 2.2B constant 2024 US$2025: 2.4B constant 2024 US$

Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.

Analysis

Bulgaria recorded 2.40 billion constant 2024 US$ for military spending in 2025.

The figure is up 9.3% on the previous year and up 166.3% over ten years.

Over the whole period, military spending in Bulgaria peaked at 5.24 billion constant 2024 US$ in 1989 and was at its lowest, 845.53 million constant 2024 US$, in 1997.

That places Bulgaria 66th out of 162 countries with data for 2025, putting it 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

DecadeAverage LowestHighest Years
1980s 5.24 billion constant 2024 US$ 5.24 billion constant 2024 US$ 5.24 billion constant 2024 US$ 1
1990s 1.56 billion constant 2024 US$ 845.53 million constant 2024 US$ 4.23 billion constant 2024 US$ 10
2000s 1.26 billion constant 2024 US$ 1.12 billion constant 2024 US$ 1.44 billion constant 2024 US$ 10
2010s 1.16 billion constant 2024 US$ 879.11 million constant 2024 US$ 2.83 billion constant 2024 US$ 10
2020s 1.87 billion constant 2024 US$ 1.42 billion constant 2024 US$ 2.40 billion constant 2024 US$ 6

Countries ranked near Bulgaria

  1. 63 Serbia 2.55 billion constant 2024 US$ compare
  2. 64 Jordan 2.50 billion constant 2024 US$ compare
  3. 65 Peru 2.43 billion constant 2024 US$ compare
  4. 67 Egypt 2.26 billion constant 2024 US$ compare
  5. 68 Croatia 1.93 billion constant 2024 US$ compare
  6. 69 Uruguay 1.91 billion constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Bulgaria

All data for Bulgaria →

Frequently asked questions

What is military spending in Bulgaria?
Military spending in Bulgaria was 2.40 billion constant 2024 US$ in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
What is the highest military spending recorded in Bulgaria?
The highest recorded value was 5.24 billion constant 2024 US$ in 1989.
What is the lowest military spending recorded in Bulgaria?
The lowest recorded value was 845.53 million constant 2024 US$ in 1997.
How does Bulgaria rank for military spending?
Bulgaria ranks 66th out of 162 countries with data for 2025.
Is military spending rising or falling in Bulgaria?
Over the last ten years it is up 166.3%. The long-run trend across the full record is volatile.
Where does this Bulgaria data come from?
The figures come from Stockholm International Peace Research Institute (2026) – 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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About this data

Indicator
Military spending
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
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.