Military spending in Spain

Spain: Military spending was 37.69 billion constant 2024 US$ in 2025. ▲ Rising

Latest (2025)
37.69 billion constant 2024 US$
Change on year
up 49.6%
World rank
15th
of 162 countries
All-time high
37.69 billion constant 2024 US$
in 2025
All-time low
2.81 billion constant 2024 US$
in 1951
Years of data
77
1949–2025

Military spending in Spain, 1949–2025

010.0B20.0B30.0B40.0B194919872025

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 Spain stood at 37.69 billion constant 2024 US$. That is the highest value across all 77 years on record.

That represents a change of up 49.6% on the previous year and up 106.0% over ten years.

Over the whole period, military spending in Spain peaked at 37.69 billion constant 2024 US$ in 2025 and was at its lowest, 2.81 billion constant 2024 US$, in 1951.

Spain ranks 15th of 162 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 77 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1940s 3.17 billion constant 2024 US$ 3.17 billion constant 2024 US$ 3.17 billion constant 2024 US$ 1
1950s 3.56 billion constant 2024 US$ 2.81 billion constant 2024 US$ 4.21 billion constant 2024 US$ 10
1960s 6.13 billion constant 2024 US$ 4.23 billion constant 2024 US$ 9.93 billion constant 2024 US$ 10
1970s 12.31 billion constant 2024 US$ 9.62 billion constant 2024 US$ 15.30 billion constant 2024 US$ 10
1980s 18.23 billion constant 2024 US$ 15.86 billion constant 2024 US$ 19.49 billion constant 2024 US$ 10
1990s 18.53 billion constant 2024 US$ 17.54 billion constant 2024 US$ 20.23 billion constant 2024 US$ 10
2000s 20.74 billion constant 2024 US$ 19.16 billion constant 2024 US$ 22.05 billion constant 2024 US$ 10
2010s 18.82 billion constant 2024 US$ 16.97 billion constant 2024 US$ 21.18 billion constant 2024 US$ 10
2020s 25.32 billion constant 2024 US$ 19.70 billion constant 2024 US$ 37.69 billion constant 2024 US$ 6

Countries ranked near Spain

  1. 12 Italy 45.44 billion constant 2024 US$ compare
  2. 13 Israel 43.66 billion constant 2024 US$ compare
  3. 14 Poland 42.53 billion constant 2024 US$ compare
  4. 16 Canada 37.53 billion constant 2024 US$ compare
  5. 17 Australia 35.26 billion constant 2024 US$ compare
  6. 18 United Arab Emirates 27.81 billion constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Spain

All data for Spain →

Frequently asked questions

What is military spending in Spain?
Military spending in Spain was 37.69 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 Spain?
The highest recorded value was 37.69 billion constant 2024 US$ in 2025.
What is the lowest military spending recorded in Spain?
The lowest recorded value was 2.81 billion constant 2024 US$ in 1951.
How does Spain rank for military spending?
Spain ranks 15th out of 162 countries with data for 2025.
Is military spending rising or falling in Spain?
Over the last ten years it is up 106.0%. The long-run trend across the full record is rising.
Where does this Spain 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.