Euro area - Military expenditure

Military expenditure (current USD)

The latest value for Military expenditure (current USD) in Euro area was 194,708,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 207,418,000,000 in 2008 and 8,543,076,000 in 1960.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another).

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1960 8,543,076,000
1961 9,358,403,000
1962 11,047,040,000
1963 12,108,150,000
1964 12,700,650,000
1965 13,183,960,000
1966 13,979,230,000
1967 14,940,920,000
1968 15,020,650,000
1969 15,799,600,000
1970 16,971,340,000
1971 19,242,490,000
1972 23,631,320,000
1973 29,664,720,000
1974 33,851,640,000
1975 39,763,040,000
1976 40,457,940,000
1977 46,255,010,000
1978 56,797,910,000
1979 67,999,590,000
1980 75,560,620,000
1981 67,619,650,000
1982 66,361,630,000
1983 64,262,700,000
1984 60,175,790,000
1985 60,763,170,000
1986 83,095,630,000
1987 103,153,000,000
1988 108,815,000,000
1989 106,739,000,000
1990 130,410,000,000
1991 128,833,000,000
1992 135,975,000,000
1993 120,725,000,000
1994 122,172,000,000
1995 133,519,000,000
1996 133,998,000,000
1997 120,006,000,000
1998 120,110,000,000
1999 119,354,000,000
2000 106,451,000,000
2001 105,062,000,000
2002 113,229,000,000
2003 139,605,000,000
2004 158,649,000,000
2005 154,991,000,000
2006 164,875,000,000
2007 184,423,000,000
2008 207,418,000,000
2009 201,262,000,000
2010 187,998,000,000
2011 194,352,000,000
2012 179,817,000,000
2013 181,189,000,000
2014 179,740,000,000
2015 152,761,000,000
2016 159,649,000,000
2017 168,420,000,000
2018 183,431,000,000
2019 182,900,000,000
2020 194,708,000,000

Military expenditure (% of GDP)

Military expenditure (% of GDP) in Euro area was 1.54 as of 2020. Its highest value over the past 60 years was 3.82 in 1960, while its lowest value was 1.31 in 2015.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1960 3.82
1961 3.73
1962 3.75
1963 3.55
1964 3.47
1965 3.34
1966 3.37
1967 3.34
1968 3.30
1969 3.05
1970 2.86
1971 2.86
1972 2.91
1973 2.82
1974 2.85
1975 2.88
1976 2.81
1977 2.82
1978 2.80
1979 2.77
1980 2.73
1981 2.81
1982 2.85
1983 2.83
1984 2.76
1985 2.70
1986 2.63
1987 2.64
1988 2.53
1989 2.43
1990 2.37
1991 2.17
1992 2.07
1993 2.00
1994 1.91
1995 1.79
1996 1.77
1997 1.74
1998 1.69
1999 1.68
2000 1.64
2001 1.60
2002 1.58
2003 1.58
2004 1.57
2005 1.48
2006 1.48
2007 1.44
2008 1.47
2009 1.56
2010 1.49
2011 1.43
2012 1.42
2013 1.37
2014 1.33
2015 1.31
2016 1.33
2017 1.34
2018 1.34
2019 1.37
2020 1.54

Military expenditure (% of general government expenditure)

Military expenditure (% of general government expenditure) in Euro area was 2.76 as of 2020. Its highest value over the past 32 years was 5.07 in 1988, while its lowest value was 2.71 in 2014.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1988 5.07
1989 4.92
1990 4.59
1991 4.36
1992 4.07
1993 3.85
1994 3.76
1995 3.44
1996 3.55
1997 3.55
1998 3.51
1999 3.53
2000 3.52
2001 3.42
2002 3.37
2003 3.35
2004 3.36
2005 3.17
2006 3.21
2007 3.17
2008 3.15
2009 3.07
2010 2.95
2011 2.89
2012 2.85
2013 2.76
2014 2.71
2015 2.71
2016 2.79
2017 2.84
2018 2.86
2019 2.91
2020 2.76

Classification

Topic: Public Sector Indicators

Sub-Topic: Defense & arms trade