Military expenditure (current USD), annual growth rate in Euro area
Euro area: Military expenditure (current USD), annual growth rate was 16.6 % change on previous year in 2024. ◆ Volatile
Latest (2024)
16.6 % change on previous year
Change on year
up 22.8%
Rank
2nd
of 3 regions
All-time high
36.73 % change on previous year
in 1986
All-time low
-15.01 % change on previous year
in 2015
Years of data
64
1961–2024
Military expenditure (current USD), annual growth rate in Euro area, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for military expenditure (current usd), annual growth rate in Euro area is 16.6 % change on previous year, measured in 2024.
Compared with earlier readings it is up 22.8% on the previous year and up 2,971.5% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Euro area peaked at 36.73 % change on previous year in 1986 and was at its lowest, -15.01 % change on previous year, in 2015.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current USD), annual growth rate in Euro area, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 9.38 % change on previous year | — |
| 1962 | 18.03 % change on previous year | +92.3% |
| 1963 | 9.64 % change on previous year | -46.5% |
| 1964 | 4.87 % change on previous year | -49.5% |
| 1965 | 3.81 % change on previous year | -21.8% |
| 1966 | 6.02 % change on previous year | +58.0% |
| 1967 | 6.78 % change on previous year | +12.7% |
| 1968 | 0.4887 % change on previous year | -92.8% |
| 1969 | 5.2 % change on previous year | +964.3% |
| 1970 | 7.36 % change on previous year | +41.4% |
| 1971 | 13.34 % change on previous year | +81.4% |
| 1972 | 22.86 % change on previous year | +71.4% |
| 1973 | 25.58 % change on previous year | +11.9% |
| 1974 | 13.94 % change on previous year | -45.5% |
| 1975 | 17.75 % change on previous year | +27.4% |
| 1976 | 1.85 % change on previous year | -89.6% |
| 1977 | 14.42 % change on previous year | +678.1% |
| 1978 | 22.84 % change on previous year | +58.4% |
| 1979 | 19.75 % change on previous year | -13.5% |
| 1980 | 11.09 % change on previous year | -43.8% |
| 1981 | -10.53 % change on previous year | -194.9% |
| 1982 | -1.85 % change on previous year | -82.4% |
| 1983 | -3.13 % change on previous year | +69.6% |
| 1984 | -6.35 % change on previous year | +102.5% |
| 1985 | 0.9715 % change on previous year | -115.3% |
| 1986 | 36.73 % change on previous year | +3681.2% |
| 1987 | 24.15 % change on previous year | -34.3% |
| 1988 | 5.46 % change on previous year | -77.4% |
| 1989 | -0.0222 % change on previous year | -100.4% |
| 1990 | 20.55 % change on previous year | -92832.8% |
| 1991 | -1.68 % change on previous year | -108.2% |
| 1992 | 5.52 % change on previous year | -429.6% |
| 1993 | -10.76 % change on previous year | -294.9% |
| 1994 | 1.91 % change on previous year | -117.7% |
| 1995 | 9.54 % change on previous year | +399.4% |
| 1996 | 0.2001 % change on previous year | -97.9% |
| 1997 | -10.36 % change on previous year | -5278.5% |
| 1998 | -0.1238 % change on previous year | -98.8% |
| 1999 | -0.8534 % change on previous year | +589.5% |
| 2000 | -11.01 % change on previous year | +1190.1% |
| 2001 | -1.32 % change on previous year | -88.0% |
| 2002 | 7.82 % change on previous year | -693.0% |
| 2003 | 23.18 % change on previous year | +196.5% |
| 2004 | 13.55 % change on previous year | -41.5% |
| 2005 | 1.21 % change on previous year | -91.1% |
| 2006 | 2.88 % change on previous year | +138.4% |
| 2007 | 11.97 % change on previous year | +316.1% |
| 2008 | 12.64 % change on previous year | +5.6% |
| 2009 | -3.19 % change on previous year | -125.3% |
| 2010 | -6.65 % change on previous year | +108.0% |
| 2011 | 3.35 % change on previous year | -150.4% |
| 2012 | -7.47 % change on previous year | -322.9% |
| 2013 | 0.6121 % change on previous year | -108.2% |
| 2014 | -0.578 % change on previous year | -194.4% |
| 2015 | -15.01 % change on previous year | +2497.6% |
| 2016 | 3.41 % change on previous year | -122.7% |
| 2017 | 5.68 % change on previous year | +66.5% |
| 2018 | 9.96 % change on previous year | +75.5% |
| 2019 | 0.673 % change on previous year | -93.2% |
| 2020 | 8.76 % change on previous year | +1201.2% |
| 2021 | 10.29 % change on previous year | +17.6% |
| 2022 | -2.03 % change on previous year | -119.7% |
| 2023 | 13.51 % change on previous year | -765.8% |
| 2024 | 16.6 % change on previous year | +22.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.14 % change on previous year | 0.4887 % change on previous year | 18.03 % change on previous year | 9 |
| 1970s | 15.97 % change on previous year | 1.85 % change on previous year | 25.58 % change on previous year | 10 |
| 1980s | 5.65 % change on previous year | -10.53 % change on previous year | 36.73 % change on previous year | 10 |
| 1990s | 1.39 % change on previous year | -10.76 % change on previous year | 20.55 % change on previous year | 10 |
| 2000s | 5.77 % change on previous year | -11.01 % change on previous year | 23.18 % change on previous year | 10 |
| 2010s | -0.602 % change on previous year | -15.01 % change on previous year | 9.96 % change on previous year | 10 |
| 2020s | 9.43 % change on previous year | -2.03 % change on previous year | 16.6 % change on previous year | 5 |
Countries ranked near Euro area
More public sector data for Euro area
- Arms imports 3.29 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 9.21 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 41.65 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 3.29 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 806.84 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0174 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 288.53 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 819.39 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 87,247 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Euro area?
- Military expenditure (current usd), annual growth rate in Euro area was 16.6 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Euro area?
- The highest recorded value was 36.73 % change on previous year in 1986.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Euro area?
- The lowest recorded value was -15.01 % change on previous year in 2015.
- How does Euro area rank for military expenditure (current usd), annual growth rate?
- Euro area ranks 2nd out of 3 regions with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Euro area?
- Over the last ten years it is up 2,971.5%. The long-run trend across the full record is volatile.
- Where does this Euro area data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.