Military expenditure (current USD), annual growth rate in Greece

Greece: Military expenditure (current USD), annual growth rate was 14.36 % change on previous year in 2024. ◆ Volatile

Latest (2024)
14.36 % change on previous year
Change on year
up 172.6%
World rank
60th
of 164 countries
All-time high
55.6 % change on previous year
in 1974
All-time low
-23.28 % change on previous year
in 2010
Years of data
64
1961–2024

Military expenditure (current USD), annual growth rate in Greece, 1961–2024

-200204060196119922024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Greece recorded 14.36 % change on previous year for military expenditure (current usd), annual growth rate in 2024.

The figure is up 172.6% on the previous year and up 755.3% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in Greece peaked at 55.6 % change on previous year in 1974 and was at its lowest, -23.28 % change on previous year, in 2010.

That places Greece 60th out of 164 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 11.09 % change on previous year -1.51 % change on previous year 30.99 % change on previous year 9
1970s 19.75 % change on previous year 8.84 % change on previous year 55.6 % change on previous year 10
1980s 1.17 % change on previous year -16.8 % change on previous year 20.03 % change on previous year 10
1990s 7.33 % change on previous year -7.14 % change on previous year 24.73 % change on previous year 10
2000s 8.29 % change on previous year -8.93 % change on previous year 24.46 % change on previous year 10
2010s -6.03 % change on previous year -23.28 % change on previous year 13.15 % change on previous year 10
2020s 10.19 % change on previous year -19.79 % change on previous year 43.76 % change on previous year 5

Countries ranked near Greece

  1. 57 Japan 14.7 % change on previous year compare
  2. 58 Senegal 14.69 % change on previous year compare
  3. 59 Sri Lanka 14.37 % change on previous year compare
  4. 61 Uganda 14.34 % change on previous year compare
  5. 62 Jamaica 13.96 % change on previous year compare
  6. 63 Central African Republic 13.83 % change on previous year compare

See the full ranking of 208 places →

More public sector data for Greece

All data for Greece →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in Greece?
Military expenditure (current usd), annual growth rate in Greece was 14.36 % change on previous year in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in Greece?
The highest recorded value was 55.6 % change on previous year in 1974.
What is the lowest military expenditure (current usd), annual growth rate recorded in Greece?
The lowest recorded value was -23.28 % change on previous year in 2010.
How does Greece rank for military expenditure (current usd), annual growth rate?
Greece ranks 60th out of 164 countries with data for 2024.
Is military expenditure (current usd), annual growth rate rising or falling in Greece?
Over the last ten years it is up 755.3%. The long-run trend across the full record is volatile.
Where does this Greece 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.

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Military expenditure (current USD), annual growth rate in Greece. Statizoid, drawing on Statizoid (derived). Retrieved 22 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/greece/

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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

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

Indicator
Military expenditure (current USD), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 10,048 data points, 1961–2024
Last refreshed

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.