Military spending in Greece
Greece: Military spending was 7.81 billion constant 2024 US$ in 2025. ▲ Rising
Latest (2025)
7.81 billion constant 2024 US$
Change on year
up 5.6%
World rank
38th
of 162 countries
All-time high
10.31 billion constant 2024 US$
in 2009
All-time low
883.71 million constant 2024 US$
in 1949
Years of data
77
1949–2025
Military spending in Greece, 1949–2025
Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.
Analysis
The most recent figure for military spending in Greece is 7.81 billion constant 2024 US$, measured in 2025.
That represents a change of up 5.6% on the previous year and up 40.8% over ten years.
Over the whole period, military spending in Greece peaked at 10.31 billion constant 2024 US$ in 2009 and was at its lowest, 883.71 million constant 2024 US$, in 1949.
Greece ranks 38th of 162 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 77 years of available data.
Military spending in Greece, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1949 | 883.71 million constant 2024 US$ | — |
| 1950 | 990.59 million constant 2024 US$ | +12.1% |
| 1951 | 1.17 billion constant 2024 US$ | +17.9% |
| 1952 | 1.13 billion constant 2024 US$ | -3.4% |
| 1953 | 1.08 billion constant 2024 US$ | -4.4% |
| 1954 | 1.16 billion constant 2024 US$ | +7.7% |
| 1955 | 1.18 billion constant 2024 US$ | +1.7% |
| 1956 | 1.52 billion constant 2024 US$ | +29.1% |
| 1957 | 1.59 billion constant 2024 US$ | +4.2% |
| 1958 | 1.56 billion constant 2024 US$ | -1.5% |
| 1959 | 1.62 billion constant 2024 US$ | +3.5% |
| 1960 | 1.72 billion constant 2024 US$ | +6.2% |
| 1961 | 1.66 billion constant 2024 US$ | -3.3% |
| 1962 | 1.69 billion constant 2024 US$ | +1.7% |
| 1963 | 1.74 billion constant 2024 US$ | +2.5% |
| 1964 | 1.80 billion constant 2024 US$ | +3.9% |
| 1965 | 1.95 billion constant 2024 US$ | +8.2% |
| 1966 | 2.12 billion constant 2024 US$ | +8.5% |
| 1967 | 2.73 billion constant 2024 US$ | +28.8% |
| 1968 | 3.18 billion constant 2024 US$ | +16.8% |
| 1969 | 3.60 billion constant 2024 US$ | +13.2% |
| 1970 | 3.89 billion constant 2024 US$ | +7.9% |
| 1971 | 4.11 billion constant 2024 US$ | +5.7% |
| 1972 | 4.38 billion constant 2024 US$ | +6.6% |
| 1973 | 4.41 billion constant 2024 US$ | +0.6% |
| 1974 | 5.47 billion constant 2024 US$ | +24.2% |
| 1975 | 7.04 billion constant 2024 US$ | +28.6% |
| 1976 | 7.70 billion constant 2024 US$ | +9.4% |
| 1977 | 8.17 billion constant 2024 US$ | +6.0% |
| 1978 | 8.34 billion constant 2024 US$ | +2.1% |
| 1979 | 8.08 billion constant 2024 US$ | -3.1% |
| 1980 | 6.99 billion constant 2024 US$ | -13.5% |
| 1981 | 8.27 billion constant 2024 US$ | +18.4% |
| 1982 | 8.44 billion constant 2024 US$ | +2.0% |
| 1983 | 7.70 billion constant 2024 US$ | -8.8% |
| 1984 | 7.56 billion constant 2024 US$ | -1.8% |
| 1985 | 7.50 billion constant 2024 US$ | -0.8% |
| 1986 | 6.41 billion constant 2024 US$ | -14.6% |
| 1987 | 6.40 billion constant 2024 US$ | -0.2% |
| 1988 | 6.76 billion constant 2024 US$ | +5.7% |
| 1989 | 6.34 billion constant 2024 US$ | -6.2% |
| 1990 | 6.41 billion constant 2024 US$ | +1.1% |
| 1991 | 6.08 billion constant 2024 US$ | -5.2% |
| 1992 | 6.32 billion constant 2024 US$ | +3.9% |
| 1993 | 6.17 billion constant 2024 US$ | -2.4% |
| 1994 | 6.27 billion constant 2024 US$ | +1.7% |
| 1995 | 6.41 billion constant 2024 US$ | +2.1% |
| 1996 | 6.79 billion constant 2024 US$ | +6.0% |
| 1997 | 7.24 billion constant 2024 US$ | +6.6% |
| 1998 | 7.89 billion constant 2024 US$ | +9.0% |
| 1999 | 8.26 billion constant 2024 US$ | +4.7% |
| 2000 | 8.72 billion constant 2024 US$ | +5.5% |
| 2001 | 8.52 billion constant 2024 US$ | -2.2% |
| 2002 | 8.36 billion constant 2024 US$ | -1.9% |
| 2003 | 7.16 billion constant 2024 US$ | -14.3% |
| 2004 | 7.88 billion constant 2024 US$ | +9.9% |
| 2005 | 8.52 billion constant 2024 US$ | +8.1% |
| 2006 | 8.85 billion constant 2024 US$ | +4.0% |
| 2007 | 8.85 billion constant 2024 US$ | -0.1% |
| 2008 | 9.84 billion constant 2024 US$ | +11.2% |
| 2009 | 10.31 billion constant 2024 US$ | +4.8% |
| 2010 | 7.92 billion constant 2024 US$ | -23.2% |
| 2011 | 6.38 billion constant 2024 US$ | -19.5% |
| 2012 | 5.64 billion constant 2024 US$ | -11.6% |
| 2013 | 5.27 billion constant 2024 US$ | -6.6% |
| 2014 | 5.23 billion constant 2024 US$ | -0.8% |
| 2015 | 5.54 billion constant 2024 US$ | +6.0% |
| 2016 | 5.77 billion constant 2024 US$ | +4.2% |
| 2017 | 5.77 billion constant 2024 US$ | -0.1% |
| 2018 | 6.17 billion constant 2024 US$ | +6.9% |
| 2019 | 6.06 billion constant 2024 US$ | -1.7% |
| 2020 | 6.47 billion constant 2024 US$ | +6.7% |
| 2021 | 8.85 billion constant 2024 US$ | +36.9% |
| 2022 | 9.57 billion constant 2024 US$ | +8.1% |
| 2023 | 7.22 billion constant 2024 US$ | -24.5% |
| 2024 | 7.39 billion constant 2024 US$ | +2.4% |
| 2025 | 7.81 billion constant 2024 US$ | +5.6% |
Greece compared with similar countries
- Greece's 7.81 billion constant 2024 US$ is above the median for high income countries, which is 6.82 billion constant 2024 US$, 1.1× the median. (54 countries reporting)
- Greece's 7.81 billion constant 2024 US$ is above the median for Europe & Central Asia, which is 2.80 billion constant 2024 US$, 2.8× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1940s | 883.71 million constant 2024 US$ | 883.71 million constant 2024 US$ | 883.71 million constant 2024 US$ | 1 |
| 1950s | 1.30 billion constant 2024 US$ | 990.59 million constant 2024 US$ | 1.62 billion constant 2024 US$ | 10 |
| 1960s | 2.22 billion constant 2024 US$ | 1.66 billion constant 2024 US$ | 3.60 billion constant 2024 US$ | 10 |
| 1970s | 6.16 billion constant 2024 US$ | 3.89 billion constant 2024 US$ | 8.34 billion constant 2024 US$ | 10 |
| 1980s | 7.24 billion constant 2024 US$ | 6.34 billion constant 2024 US$ | 8.44 billion constant 2024 US$ | 10 |
| 1990s | 6.78 billion constant 2024 US$ | 6.08 billion constant 2024 US$ | 8.26 billion constant 2024 US$ | 10 |
| 2000s | 8.70 billion constant 2024 US$ | 7.16 billion constant 2024 US$ | 10.31 billion constant 2024 US$ | 10 |
| 2010s | 5.98 billion constant 2024 US$ | 5.23 billion constant 2024 US$ | 7.92 billion constant 2024 US$ | 10 |
| 2020s | 7.88 billion constant 2024 US$ | 6.47 billion constant 2024 US$ | 9.57 billion constant 2024 US$ | 6 |
Countries ranked near Greece
- 35 Vietnam 10.91 billion constant 2024 US$ compare
- 36 Romania 8.81 billion constant 2024 US$ compare
- 37 Kuwait 7.92 billion constant 2024 US$ compare
- 39 Finland 7.61 billion constant 2024 US$ compare
- 40 Iran 7.45 billion constant 2024 US$ compare
- 41 Switzerland 7.15 billion constant 2024 US$ 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 in Greece?
- Military spending in Greece was 7.81 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 Greece?
- The highest recorded value was 10.31 billion constant 2024 US$ in 2009.
- What is the lowest military spending recorded in Greece?
- The lowest recorded value was 883.71 million constant 2024 US$ in 1949.
- How does Greece rank for military spending?
- Greece ranks 38th out of 162 countries with data for 2025.
- Is military spending rising or falling in Greece?
- Over the last ten years it is up 40.8%. The long-run trend across the full record is rising.
- Where does this Greece 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.
Download this data
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About this data
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.