Military spending in Estonia

Estonia: Military spending was 1.44 billion constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
1.44 billion constant 2024 US$
Change on year
up 1.0%
World rank
78th
of 162 countries
All-time high
1.44 billion constant 2024 US$
in 2025
All-time low
69.40 million constant 2024 US$
in 1992
Years of data
34
1992–2025

Military spending in Estonia, 1992–2025

0500.0M1.0B1.5B1992200820251992: 69.4M constant 2024 US$1993: 93.5M constant 2024 US$1994: 118.9M constant 2024 US$1995: 117.8M constant 2024 US$1996: 114.6M constant 2024 US$1997: 153.0M constant 2024 US$1998: 162.0M constant 2024 US$1999: 201.4M constant 2024 US$2000: 237.5M constant 2024 US$2001: 277.2M constant 2024 US$2002: 330.9M constant 2024 US$2003: 382.5M constant 2024 US$2004: 403.5M constant 2024 US$2005: 386.4M constant 2024 US$2006: 423.6M constant 2024 US$2007: 573.6M constant 2024 US$2008: 561.6M constant 2024 US$2009: 486.5M constant 2024 US$2010: 465.8M constant 2024 US$2011: 495.7M constant 2024 US$2012: 579.1M constant 2024 US$2013: 598.2M constant 2024 US$2014: 640.3M constant 2024 US$2015: 696.9M constant 2024 US$2016: 749.1M constant 2024 US$2017: 771.0M constant 2024 US$2018: 810.8M constant 2024 US$2019: 865.8M constant 2024 US$2020: 962.8M constant 2024 US$2021: 924.4M constant 2024 US$2022: 951.6M constant 2024 US$2023: 1.3B constant 2024 US$2024: 1.4B constant 2024 US$2025: 1.4B constant 2024 US$

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

Analysis

Estonia recorded 1.44 billion constant 2024 US$ for military spending in 2025. That is the highest value across all 34 years on record.

Compared with earlier readings it is up 1.0% on the previous year and up 106.5% over ten years.

Over the whole period, military spending in Estonia peaked at 1.44 billion constant 2024 US$ in 2025 and was at its lowest, 69.40 million constant 2024 US$, in 1992.

Estonia ranks 78th of 162 countries on this measure, 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
1990s 128.82 million constant 2024 US$ 69.40 million constant 2024 US$ 201.40 million constant 2024 US$ 8
2000s 406.33 million constant 2024 US$ 237.53 million constant 2024 US$ 573.63 million constant 2024 US$ 10
2010s 667.27 million constant 2024 US$ 465.84 million constant 2024 US$ 865.75 million constant 2024 US$ 10
2020s 1.16 billion constant 2024 US$ 924.42 million constant 2024 US$ 1.44 billion constant 2024 US$ 6

Countries ranked near Estonia

  1. 75 Libya 1.60 billion constant 2024 US$ compare
  2. 77 Bahrain 1.46 billion constant 2024 US$ compare
  3. 79 Sri Lanka 1.36 billion constant 2024 US$ compare
  4. 80 Kenya 1.36 billion constant 2024 US$ compare
  5. 81 Tunisia 1.35 billion constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Estonia

All data for Estonia →

Frequently asked questions

What is military spending in Estonia?
Military spending in Estonia was 1.44 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 Estonia?
The highest recorded value was 1.44 billion constant 2024 US$ in 2025.
What is the lowest military spending recorded in Estonia?
The lowest recorded value was 69.40 million constant 2024 US$ in 1992.
How does Estonia rank for military spending?
Estonia ranks 78th out of 162 countries with data for 2025.
Is military spending rising or falling in Estonia?
Over the last ten years it is up 106.5%. The long-run trend across the full record is volatile.
Where does this Estonia 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.