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.

Military spending in Spain, year by year

Annual values for Military spending in Spain, 1949 to 2025.
Year constant 2024 US$ Change
1949 3.17 billion constant 2024 US$ —
1950 2.97 billion constant 2024 US$ -6.3%
1951 2.81 billion constant 2024 US$ -5.4%
1952 3.56 billion constant 2024 US$ +26.7%
1953 3.49 billion constant 2024 US$ -1.9%
1954 3.51 billion constant 2024 US$ +0.5%
1955 3.79 billion constant 2024 US$ +8.2%
1956 4.03 billion constant 2024 US$ +6.1%
1957 4.21 billion constant 2024 US$ +4.6%
1958 3.70 billion constant 2024 US$ -12.3%
1959 3.52 billion constant 2024 US$ -4.7%
1960 4.23 billion constant 2024 US$ +20.0%
1961 4.26 billion constant 2024 US$ +0.8%
1962 5.20 billion constant 2024 US$ +22.1%
1963 4.90 billion constant 2024 US$ -5.8%
1964 5.60 billion constant 2024 US$ +14.3%
1965 5.62 billion constant 2024 US$ +0.3%
1966 6.76 billion constant 2024 US$ +20.2%
1967 6.35 billion constant 2024 US$ -6.0%
1968 8.41 billion constant 2024 US$ +32.5%
1969 9.93 billion constant 2024 US$ +18.0%
1970 10.01 billion constant 2024 US$ +0.8%
1971 9.62 billion constant 2024 US$ -3.9%
1972 11.46 billion constant 2024 US$ +19.2%
1973 11.30 billion constant 2024 US$ -1.4%
1974 12.50 billion constant 2024 US$ +10.7%
1975 11.40 billion constant 2024 US$ -8.8%
1976 13.51 billion constant 2024 US$ +18.5%
1977 13.72 billion constant 2024 US$ +1.6%
1978 14.29 billion constant 2024 US$ +4.1%
1979 15.30 billion constant 2024 US$ +7.1%
1980 15.86 billion constant 2024 US$ +3.7%
1981 16.11 billion constant 2024 US$ +1.6%
1982 16.69 billion constant 2024 US$ +3.6%
1983 18.70 billion constant 2024 US$ +12.0%
1984 19.15 billion constant 2024 US$ +2.4%
1985 19.48 billion constant 2024 US$ +1.7%
1986 18.21 billion constant 2024 US$ -6.5%
1987 19.27 billion constant 2024 US$ +5.8%
1988 19.49 billion constant 2024 US$ +1.1%
1989 19.38 billion constant 2024 US$ -0.5%
1990 19.66 billion constant 2024 US$ +1.4%
1991 18.89 billion constant 2024 US$ -3.9%
1992 18.43 billion constant 2024 US$ -2.4%
1993 17.96 billion constant 2024 US$ -2.6%
1994 18.15 billion constant 2024 US$ +1.0%
1995 18.29 billion constant 2024 US$ +0.8%
1996 17.71 billion constant 2024 US$ -3.2%
1997 17.54 billion constant 2024 US$ -1.0%
1998 18.41 billion constant 2024 US$ +4.9%
1999 20.23 billion constant 2024 US$ +9.9%
2000 20.91 billion constant 2024 US$ +3.3%
2001 20.67 billion constant 2024 US$ -1.1%
2002 19.16 billion constant 2024 US$ -7.3%
2003 19.45 billion constant 2024 US$ +1.5%
2004 20.33 billion constant 2024 US$ +4.5%
2005 20.58 billion constant 2024 US$ +1.2%
2006 21.26 billion constant 2024 US$ +3.3%
2007 22.05 billion constant 2024 US$ +3.7%
2008 21.92 billion constant 2024 US$ -0.5%
2009 21.05 billion constant 2024 US$ -4.0%
2010 21.18 billion constant 2024 US$ +0.6%
2011 19.54 billion constant 2024 US$ -7.7%
2012 19.76 billion constant 2024 US$ +1.1%
2013 17.24 billion constant 2024 US$ -12.8%
2014 17.22 billion constant 2024 US$ -0.1%
2015 18.30 billion constant 2024 US$ +6.3%
2016 16.97 billion constant 2024 US$ -7.3%
2017 18.78 billion constant 2024 US$ +10.7%
2018 19.51 billion constant 2024 US$ +3.9%
2019 19.70 billion constant 2024 US$ +1.0%
2020 19.70 billion constant 2024 US$ +0.0%
2021 21.08 billion constant 2024 US$ +7.0%
2022 22.69 billion constant 2024 US$ +7.6%
2023 25.57 billion constant 2024 US$ +12.7%
2024 25.20 billion constant 2024 US$ -1.5%
2025 37.69 billion constant 2024 US$ +49.6%

Spain compared with similar countries

  • Spain's 37.69 billion constant 2024 US$ is above the median for high income countries, which is 6.82 billion constant 2024 US$, 5.5× the median. (54 countries reporting)
  • Spain's 37.69 billion constant 2024 US$ is above the median for Europe & Central Asia, which is 2.80 billion constant 2024 US$, 13.4× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending in Spain 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.

YearChange FromTo
2025 +49.6% 25.20 billion constant 2024 US$ 37.69 billion constant 2024 US$

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.

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Military spending in Spain. Statizoid, drawing on Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Retrieved 28 September 2026, from https://reference.statizoid.com/stat/military-spending-sipri/spain/

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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.