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

Spain: Military expenditure (current USD), annual growth rate was 3.33 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.33 % change on previous year
Change on year
down 80.7%
World rank
113th
of 164 countries
All-time high
41.5 % change on previous year
in 1979
All-time low
-18.03 % change on previous year
in 1993
Years of data
64
1961–2024

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

-2002040196119922024

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

Analysis

In 2024, military expenditure (current usd), annual growth rate in Spain stood at 3.33 % change on previous year.

That represents a change of down 80.7% on the previous year and up 991.3% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in Spain peaked at 41.5 % change on previous year in 1979 and was at its lowest, -18.03 % change on previous year, in 1993.

Spain ranks 113th of 164 countries on this measure, 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 15.34 % change on previous year -2.68 % change on previous year 29.01 % change on previous year 9
1970s 20.46 % change on previous year 4.83 % change on previous year 41.5 % change on previous year 10
1980s 7.14 % change on previous year -9.63 % change on previous year 26.33 % change on previous year 10
1990s 2.47 % change on previous year -18.03 % change on previous year 25.71 % change on previous year 10
2000s 6.68 % change on previous year -9.22 % change on previous year 25.41 % change on previous year 10
2010s -1.29 % change on previous year -11.59 % change on previous year 14.48 % change on previous year 10
2020s 7.61 % change on previous year 1.41 % change on previous year 17.31 % change on previous year 5

Countries ranked near Spain

  1. 110 Dominican Republic 3.65 % change on previous year compare
  2. 111 Gambia 3.46 % change on previous year compare
  3. 112 Benin 3.4 % change on previous year compare
  4. 114 Saudi Arabia 3.3 % change on previous year compare
  5. 115 Guinea-Bissau 3.07 % change on previous year compare
  6. 116 Italy 2.79 % change on previous year compare

See the full ranking of 208 places →

More public sector data for Spain

All data for Spain →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in Spain?
Military expenditure (current usd), annual growth rate in Spain was 3.33 % change on previous year in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in Spain?
The highest recorded value was 41.5 % change on previous year in 1979.
What is the lowest military expenditure (current usd), annual growth rate recorded in Spain?
The lowest recorded value was -18.03 % change on previous year in 1993.
How does Spain rank for military expenditure (current usd), annual growth rate?
Spain ranks 113th out of 164 countries with data for 2024.
Is military expenditure (current usd), annual growth rate rising or falling in Spain?
Over the last ten years it is up 991.3%. The long-run trend across the full record is volatile.
Where does this Spain 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 Spain. Statizoid, drawing on Statizoid (derived). Retrieved 21 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/spain/

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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.