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

Portugal: Military expenditure (current USD), annual growth rate was 9.57 % change on previous year in 2024. ◆ Volatile

Latest (2024)
9.57 % change on previous year
Change on year
down 49.0%
World rank
76th
of 164 countries
All-time high
62.8 % change on previous year
in 1961
All-time low
-21.2 % change on previous year
in 1975
Years of data
64
1961–2024

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

-200204060196119922024

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

Analysis

In 2024, military expenditure (current usd), annual growth rate in Portugal stood at 9.57 % change on previous year.

The figure is down 49.0% on the previous year and up 220.2% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in Portugal peaked at 62.8 % change on previous year in 1961 and was at its lowest, -21.2 % change on previous year, in 1975.

That places Portugal 76th 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.

Military expenditure (current USD), annual growth rate in Portugal, year by year

Annual values for Military expenditure (current USD), annual growth rate in Portugal, 1961 to 2024.
Year % change on previous year Change
1961 62.8 % change on previous year
1962 16.7 % change on previous year -73.4%
1963 -0.3493 % change on previous year -102.1%
1964 12.71 % change on previous year -3740.2%
1965 3.54 % change on previous year -72.1%
1966 10.68 % change on previous year +201.6%
1967 29.5 % change on previous year +176.1%
1968 11.66 % change on previous year -60.5%
1969 0.8139 % change on previous year -93.0%
1970 16.32 % change on previous year +1904.9%
1971 18.85 % change on previous year +15.5%
1972 14.44 % change on previous year -23.4%
1973 15.1 % change on previous year +4.6%
1974 44.75 % change on previous year +196.4%
1975 -21.2 % change on previous year -147.4%
1976 -19.94 % change on previous year -5.9%
1977 -7.46 % change on previous year -62.6%
1978 7.92 % change on previous year -206.1%
1979 12.76 % change on previous year +61.1%
1980 23.62 % change on previous year +85.2%
1981 -2.8 % change on previous year -111.8%
1982 -4.81 % change on previous year +71.8%
1983 -13.71 % change on previous year +185.2%
1984 -9.31 % change on previous year -32.1%
1985 4 % change on previous year -143.0%
1986 43.17 % change on previous year +980.0%
1987 20.82 % change on previous year -51.8%
1988 19.21 % change on previous year -7.7%
1989 8.06 % change on previous year -58.0%
1990 28.74 % change on previous year +256.3%
1991 12.82 % change on previous year -55.4%
1992 19.73 % change on previous year +53.9%
1993 -13.44 % change on previous year -168.1%
1994 -0.8474 % change on previous year -93.7%
1995 22.84 % change on previous year -2795.3%
1996 -2.59 % change on previous year -111.4%
1997 -8.16 % change on previous year +214.4%
1998 -2.22 % change on previous year -72.7%
1999 3.04 % change on previous year -236.6%
2000 -8.4 % change on previous year -376.8%
2001 5.47 % change on previous year -165.1%
2002 11.93 % change on previous year +118.2%
2003 20.26 % change on previous year +69.8%
2004 20.47 % change on previous year +1.1%
2005 10.38 % change on previous year -49.3%
2006 0.3564 % change on previous year -96.6%
2007 4.94 % change on previous year +1285.0%
2008 12.25 % change on previous year +148.1%
2009 0.6331 % change on previous year -94.8%
2010 -5.3 % change on previous year -937.1%
2011 3.15 % change on previous year -159.5%
2012 -16.76 % change on previous year -631.1%
2013 7.31 % change on previous year -143.6%
2014 -7.97 % change on previous year -208.9%
2015 -11.94 % change on previous year +49.9%
2016 20.21 % change on previous year -269.3%
2017 -14.43 % change on previous year -171.4%
2018 19.34 % change on previous year -234.1%
2019 1.65 % change on previous year -91.5%
2020 -0.9514 % change on previous year -157.7%
2021 18.8 % change on previous year -2076.3%
2022 -8.14 % change on previous year -143.3%
2023 18.77 % change on previous year -330.7%
2024 9.57 % change on previous year -49.0%

Averages by decade

DecadeAverage LowestHighest Years
1960s 16.45 % change on previous year -0.3493 % change on previous year 62.8 % change on previous year 9
1970s 8.15 % change on previous year -21.2 % change on previous year 44.75 % change on previous year 10
1980s 8.83 % change on previous year -13.71 % change on previous year 43.17 % change on previous year 10
1990s 5.99 % change on previous year -13.44 % change on previous year 28.74 % change on previous year 10
2000s 7.83 % change on previous year -8.4 % change on previous year 20.47 % change on previous year 10
2010s -0.4717 % change on previous year -16.76 % change on previous year 20.21 % change on previous year 10
2020s 7.61 % change on previous year -8.14 % change on previous year 18.8 % change on previous year 5

Countries ranked near Portugal

  1. 73 Bolivia 11.26 % change on previous year compare
  2. 74 Honduras 11.15 % change on previous year compare
  3. 75 Malaysia 9.87 % change on previous year compare
  4. 77 Bosnia and Herzegovina 9.45 % change on previous year compare
  5. 78 United States 8.87 % change on previous year compare
  6. 79 Tunisia 8.73 % change on previous year compare

See the full ranking of 208 places →

More public sector data for Portugal

All data for Portugal →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in Portugal?
Military expenditure (current usd), annual growth rate in Portugal was 9.57 % change on previous year in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in Portugal?
The highest recorded value was 62.8 % change on previous year in 1961.
What is the lowest military expenditure (current usd), annual growth rate recorded in Portugal?
The lowest recorded value was -21.2 % change on previous year in 1975.
How does Portugal rank for military expenditure (current usd), annual growth rate?
Portugal ranks 76th out of 164 countries with data for 2024.
Is military expenditure (current usd), annual growth rate rising or falling in Portugal?
Over the last ten years it is up 220.2%. The long-run trend across the full record is volatile.
Where does this Portugal 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 Portugal. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/portugal/

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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.