Military expenditure (current USD), gaps filled in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): Military expenditure (current USD), gaps filled was 302.41 billion current USD in 2024. ◆ Volatile
Military expenditure (current USD), gaps filled in Europe & Central Asia (IDA & IBRD countries), 1992–2024
Source: Statizoid (derived). Measured in current USD.
Analysis
Europe & Central Asia (IDA & IBRD countries) recorded 302.41 billion current USD for military expenditure (current usd), gaps filled in 2024. That is the highest value across all 33 years on record.
The figure is up 25.5% on the previous year and up 131.8% over ten years.
Over the whole period, military expenditure (current usd), gaps filled in Europe & Central Asia (IDA & IBRD countries) peaked at 302.41 billion current USD in 2024 and was at its lowest, 9.21 billion current USD, in 1992.
That places Europe & Central Asia (IDA & IBRD countries) 16th out of 41 groups 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), gaps filled in Europe & Central Asia (IDA & IBRD countries), year by year
| Year | current USD | Change |
|---|---|---|
| 1992 | 9.21 billion current USD | — |
| 1993 | 18.85 billion current USD | +104.7% |
| 1994 | 25.07 billion current USD | +33.0% |
| 1995 | 27.20 billion current USD | +8.5% |
| 1996 | 31.88 billion current USD | +17.2% |
| 1997 | 35.76 billion current USD | +12.2% |
| 1998 | 26.15 billion current USD | -26.9% |
| 1999 | 24.73 billion current USD | -5.4% |
| 2000 | 26.57 billion current USD | +7.4% |
| 2001 | 27.14 billion current USD | +2.1% |
| 2002 | 32.08 billion current USD | +18.2% |
| 2003 | 37.48 billion current USD | +16.9% |
| 2004 | 43.65 billion current USD | +16.4% |
| 2005 | 54.04 billion current USD | +23.8% |
| 2006 | 65.01 billion current USD | +20.3% |
| 2007 | 81.75 billion current USD | +25.8% |
| 2008 | 100.17 billion current USD | +22.5% |
| 2009 | 89.43 billion current USD | -10.7% |
| 2010 | 99.16 billion current USD | +10.9% |
| 2011 | 113.08 billion current USD | +14.0% |
| 2012 | 124.96 billion current USD | +10.5% |
| 2013 | 134.25 billion current USD | +7.4% |
| 2014 | 130.44 billion current USD | -2.8% |
| 2015 | 107.80 billion current USD | -17.4% |
| 2016 | 109.59 billion current USD | +1.7% |
| 2017 | 109.61 billion current USD | +0.0% |
| 2018 | 112.74 billion current USD | +2.9% |
| 2019 | 119.22 billion current USD | +5.7% |
| 2020 | 113.12 billion current USD | -5.1% |
| 2021 | 120.51 billion current USD | +6.5% |
| 2022 | 191.19 billion current USD | +58.7% |
| 2023 | 241.00 billion current USD | +26.1% |
| 2024 | 302.41 billion current USD | +25.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.86 billion current USD | 9.21 billion current USD | 35.76 billion current USD | 8 |
| 2000s | 55.73 billion current USD | 26.57 billion current USD | 100.17 billion current USD | 10 |
| 2010s | 116.08 billion current USD | 99.16 billion current USD | 134.25 billion current USD | 10 |
| 2020s | 193.65 billion current USD | 113.12 billion current USD | 302.41 billion current USD | 5 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
- 13 Poland 38.00 billion current USD compare
- 14 Italy 37.96 billion current USD compare
- 15 Australia 33.82 billion current USD compare
- 16 Canada 29.35 billion current USD compare
- 17 Türkiye 24.98 billion current USD compare
- 18 Spain 24.62 billion current USD compare
- 19 Netherlands 23.18 billion current USD compare
More public sector data for Europe & Central Asia (IDA & IBRD countries)
- Arms imports 8.83 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 19.2 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0014 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 13.61 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 8.83 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 657.44 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0492 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 25.48 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 338.22 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 10,485 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), gaps filled in Europe & Central Asia (IDA & IBRD countries)?
- Military expenditure (current usd), gaps filled in Europe & Central Asia (IDA & IBRD countries) was 302.41 billion current USD in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), gaps filled recorded in Europe & Central Asia (IDA & IBRD countries)?
- The highest recorded value was 302.41 billion current USD in 2024.
- What is the lowest military expenditure (current usd), gaps filled recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 9.21 billion current USD in 1992.
- How does Europe & Central Asia (IDA & IBRD countries) rank for military expenditure (current usd), gaps filled?
- Europe & Central Asia (IDA & IBRD countries) ranks 16th out of 41 groups with data for 2024.
- Is military expenditure (current usd), gaps filled rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is up 131.8%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (IDA & IBRD countries) data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), gaps filled. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.
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
Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.