Military spending in Portugal
Portugal: Military spending was 5.50 billion constant 2024 US$ in 2025. ▲ Rising
Latest (2025)
5.50 billion constant 2024 US$
Change on year
up 21.7%
World rank
49th
of 162 countries
All-time high
5.50 billion constant 2024 US$
in 2025
All-time low
650.05 million constant 2024 US$
in 1949
Years of data
77
1949–2025
Military spending in Portugal, 1949–2025
Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.
Analysis
In 2025, military spending in Portugal stood at 5.50 billion constant 2024 US$. That is the highest value across all 77 years on record.
The figure is up 21.7% on the previous year and up 49.3% over ten years.
Over the whole period, military spending in Portugal peaked at 5.50 billion constant 2024 US$ in 2025 and was at its lowest, 650.05 million constant 2024 US$, in 1949.
That places Portugal 49th out of 162 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 77 years of available data.
Military spending in Portugal, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1949 | 650.05 million constant 2024 US$ | — |
| 1950 | 699.32 million constant 2024 US$ | +7.6% |
| 1951 | 726.41 million constant 2024 US$ | +3.9% |
| 1952 | 793.42 million constant 2024 US$ | +9.2% |
| 1953 | 918.28 million constant 2024 US$ | +15.7% |
| 1954 | 965.37 million constant 2024 US$ | +5.1% |
| 1955 | 1.03 billion constant 2024 US$ | +7.0% |
| 1956 | 1.03 billion constant 2024 US$ | -0.7% |
| 1957 | 1.05 billion constant 2024 US$ | +2.7% |
| 1958 | 1.08 billion constant 2024 US$ | +2.3% |
| 1959 | 1.21 billion constant 2024 US$ | +12.3% |
| 1960 | 1.26 billion constant 2024 US$ | +4.0% |
| 1961 | 2.02 billion constant 2024 US$ | +60.3% |
| 1962 | 2.29 billion constant 2024 US$ | +13.7% |
| 1963 | 2.24 billion constant 2024 US$ | -2.3% |
| 1964 | 2.44 billion constant 2024 US$ | +9.0% |
| 1965 | 2.44 billion constant 2024 US$ | +0.1% |
| 1966 | 2.57 billion constant 2024 US$ | +5.4% |
| 1967 | 3.16 billion constant 2024 US$ | +22.7% |
| 1968 | 3.32 billion constant 2024 US$ | +5.3% |
| 1969 | 3.12 billion constant 2024 US$ | -6.1% |
| 1970 | 3.47 billion constant 2024 US$ | +11.3% |
| 1971 | 3.79 billion constant 2024 US$ | +9.1% |
| 1972 | 3.79 billion constant 2024 US$ | +0.2% |
| 1973 | 3.59 billion constant 2024 US$ | -5.5% |
| 1974 | 4.20 billion constant 2024 US$ | +17.2% |
| 1975 | 2.77 billion constant 2024 US$ | -34.2% |
| 1976 | 2.22 billion constant 2024 US$ | -19.9% |
| 1977 | 2.04 billion constant 2024 US$ | -7.9% |
| 1978 | 2.06 billion constant 2024 US$ | +1.0% |
| 1979 | 2.10 billion constant 2024 US$ | +1.6% |
| 1980 | 2.27 billion constant 2024 US$ | +8.4% |
| 1981 | 2.26 billion constant 2024 US$ | -0.4% |
| 1982 | 2.26 billion constant 2024 US$ | +0.2% |
| 1983 | 2.18 billion constant 2024 US$ | -3.9% |
| 1984 | 2.03 billion constant 2024 US$ | -6.9% |
| 1985 | 2.05 billion constant 2024 US$ | +1.2% |
| 1986 | 2.31 billion constant 2024 US$ | +12.5% |
| 1987 | 2.40 billion constant 2024 US$ | +4.1% |
| 1988 | 2.66 billion constant 2024 US$ | +11.0% |
| 1989 | 2.80 billion constant 2024 US$ | +5.0% |
| 1990 | 2.88 billion constant 2024 US$ | +2.8% |
| 1991 | 2.96 billion constant 2024 US$ | +3.1% |
| 1992 | 3.04 billion constant 2024 US$ | +2.7% |
| 1993 | 2.95 billion constant 2024 US$ | -3.2% |
| 1994 | 2.87 billion constant 2024 US$ | -2.7% |
| 1995 | 3.08 billion constant 2024 US$ | +7.4% |
| 1996 | 2.97 billion constant 2024 US$ | -3.5% |
| 1997 | 3.03 billion constant 2024 US$ | +2.0% |
| 1998 | 2.97 billion constant 2024 US$ | -2.1% |
| 1999 | 3.12 billion constant 2024 US$ | +5.2% |
| 2000 | 3.21 billion constant 2024 US$ | +3.0% |
| 2001 | 3.34 billion constant 2024 US$ | +4.0% |
| 2002 | 3.43 billion constant 2024 US$ | +2.7% |
| 2003 | 3.34 billion constant 2024 US$ | -2.8% |
| 2004 | 3.57 billion constant 2024 US$ | +7.0% |
| 2005 | 3.85 billion constant 2024 US$ | +7.8% |
| 2006 | 3.71 billion constant 2024 US$ | -3.5% |
| 2007 | 3.48 billion constant 2024 US$ | -6.1% |
| 2008 | 3.56 billion constant 2024 US$ | +2.2% |
| 2009 | 3.85 billion constant 2024 US$ | +8.0% |
| 2010 | 4.01 billion constant 2024 US$ | +4.4% |
| 2011 | 3.72 billion constant 2024 US$ | -7.2% |
| 2012 | 4.03 billion constant 2024 US$ | +8.1% |
| 2013 | 3.75 billion constant 2024 US$ | -6.9% |
| 2014 | 3.40 billion constant 2024 US$ | -9.4% |
| 2015 | 3.69 billion constant 2024 US$ | +8.6% |
| 2016 | 3.79 billion constant 2024 US$ | +2.9% |
| 2017 | 3.65 billion constant 2024 US$ | -3.7% |
| 2018 | 3.61 billion constant 2024 US$ | -1.2% |
| 2019 | 3.72 billion constant 2024 US$ | +3.2% |
| 2020 | 3.65 billion constant 2024 US$ | -2.1% |
| 2021 | 4.09 billion constant 2024 US$ | +12.2% |
| 2022 | 3.83 billion constant 2024 US$ | -6.4% |
| 2023 | 3.62 billion constant 2024 US$ | -5.5% |
| 2024 | 4.52 billion constant 2024 US$ | +24.9% |
| 2025 | 5.50 billion constant 2024 US$ | +21.7% |
Portugal compared with similar countries
- Portugal's 5.50 billion constant 2024 US$ is below the median for high income countries, which is 6.82 billion constant 2024 US$, 81% of the median. (54 countries reporting)
- Portugal's 5.50 billion constant 2024 US$ is above the median for Europe & Central Asia, which is 2.80 billion constant 2024 US$, 2.0× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Military spending in Portugal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1961 | +60.3% | 1.26 billion constant 2024 US$ | 2.02 billion constant 2024 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1940s | 650.05 million constant 2024 US$ | 650.05 million constant 2024 US$ | 650.05 million constant 2024 US$ | 1 |
| 1950s | 949.93 million constant 2024 US$ | 699.32 million constant 2024 US$ | 1.21 billion constant 2024 US$ | 10 |
| 1960s | 2.49 billion constant 2024 US$ | 1.26 billion constant 2024 US$ | 3.32 billion constant 2024 US$ | 10 |
| 1970s | 3.00 billion constant 2024 US$ | 2.04 billion constant 2024 US$ | 4.20 billion constant 2024 US$ | 10 |
| 1980s | 2.32 billion constant 2024 US$ | 2.03 billion constant 2024 US$ | 2.80 billion constant 2024 US$ | 10 |
| 1990s | 2.99 billion constant 2024 US$ | 2.87 billion constant 2024 US$ | 3.12 billion constant 2024 US$ | 10 |
| 2000s | 3.53 billion constant 2024 US$ | 3.21 billion constant 2024 US$ | 3.85 billion constant 2024 US$ | 10 |
| 2010s | 3.74 billion constant 2024 US$ | 3.40 billion constant 2024 US$ | 4.03 billion constant 2024 US$ | 10 |
| 2020s | 4.20 billion constant 2024 US$ | 3.62 billion constant 2024 US$ | 5.50 billion constant 2024 US$ | 6 |
Countries ranked near Portugal
- 46 Austria 5.88 billion constant 2024 US$ compare
- 47 Morocco 5.88 billion constant 2024 US$ compare
- 48 Thailand 5.57 billion constant 2024 US$ compare
- 50 Chile 5.15 billion constant 2024 US$ compare
- 51 Azerbaijan 4.67 billion constant 2024 US$ compare
- 52 Myanmar 4.65 billion constant 2024 US$ compare
More reference data data for Portugal
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.5144 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.4372 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.51 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0472 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.51 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.72 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.02 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.81 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 6.9 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.2572 (2050)
Frequently asked questions
- What is military spending in Portugal?
- Military spending in Portugal was 5.50 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 Portugal?
- The highest recorded value was 5.50 billion constant 2024 US$ in 2025.
- What is the lowest military spending recorded in Portugal?
- The lowest recorded value was 650.05 million constant 2024 US$ in 1949.
- How does Portugal rank for military spending?
- Portugal ranks 49th out of 162 countries with data for 2025.
- Is military spending rising or falling in Portugal?
- Over the last ten years it is up 49.3%. The long-run trend across the full record is rising.
- Where does this Portugal 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
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.