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

02.0B4.0B6.0B8.0B10.0B194919872025

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 35 Vietnam 10.91 billion constant 2024 US$ compare
  2. 36 Romania 8.81 billion constant 2024 US$ compare
  3. 37 Kuwait 7.92 billion constant 2024 US$ compare
  4. 39 Finland 7.61 billion constant 2024 US$ compare
  5. 40 Iran 7.45 billion constant 2024 US$ compare
  6. 41 Switzerland 7.15 billion constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Greece

All data for Greece →

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

CSV · JSON — 77 observations, free to reuse under CC BY 4.0 (Our World in Data).

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.