Military expenditure (current USD), gaps filled in European Union
European Union: Military expenditure (current USD), gaps filled was 368.50 billion current USD in 2024. ◆ Volatile
Military expenditure (current USD), gaps filled in European Union, 1960–2024
Source: Statizoid (derived). Measured in current USD.
Analysis
In 2024, military expenditure (current usd), gaps filled in European Union stood at 368.50 billion current USD. That is the highest value across all 65 years on record.
The figure is up 20.5% on the previous year and up 77.8% over ten years.
Over the whole period, military expenditure (current usd), gaps filled in European Union peaked at 368.50 billion current USD in 2024 and was at its lowest, 13.48 billion current USD, in 1960.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current USD), gaps filled in European Union, year by year
| Year | current USD | Change |
|---|---|---|
| 1960 | 13.48 billion current USD | — |
| 1961 | 14.86 billion current USD | +10.2% |
| 1962 | 17.12 billion current USD | +15.2% |
| 1963 | 18.83 billion current USD | +10.0% |
| 1964 | 19.79 billion current USD | +5.1% |
| 1965 | 20.79 billion current USD | +5.1% |
| 1966 | 22.15 billion current USD | +6.5% |
| 1967 | 23.48 billion current USD | +6.0% |
| 1968 | 24.83 billion current USD | +5.7% |
| 1969 | 26.58 billion current USD | +7.1% |
| 1970 | 28.64 billion current USD | +7.8% |
| 1971 | 32.05 billion current USD | +11.9% |
| 1972 | 37.50 billion current USD | +17.0% |
| 1973 | 44.60 billion current USD | +18.9% |
| 1974 | 50.17 billion current USD | +12.5% |
| 1975 | 58.01 billion current USD | +15.6% |
| 1976 | 60.17 billion current USD | +3.7% |
| 1977 | 68.18 billion current USD | +13.3% |
| 1978 | 72.41 billion current USD | +6.2% |
| 1979 | 76.03 billion current USD | +5.0% |
| 1980 | 83.64 billion current USD | +10.0% |
| 1981 | 75.49 billion current USD | -9.7% |
| 1982 | 74.31 billion current USD | -1.6% |
| 1983 | 71.78 billion current USD | -3.4% |
| 1984 | 67.54 billion current USD | -5.9% |
| 1985 | 69.78 billion current USD | +3.3% |
| 1986 | 93.21 billion current USD | +33.6% |
| 1987 | 113.91 billion current USD | +22.2% |
| 1988 | 120.63 billion current USD | +5.9% |
| 1989 | 120.24 billion current USD | -0.3% |
| 1990 | 143.24 billion current USD | +19.1% |
| 1991 | 140.74 billion current USD | -1.7% |
| 1992 | 147.96 billion current USD | +5.1% |
| 1993 | 132.71 billion current USD | -10.3% |
| 1994 | 135.60 billion current USD | +2.2% |
| 1995 | 148.08 billion current USD | +9.2% |
| 1996 | 148.26 billion current USD | +0.1% |
| 1997 | 135.03 billion current USD | -8.9% |
| 1998 | 135.45 billion current USD | +0.3% |
| 1999 | 133.97 billion current USD | -1.1% |
| 2000 | 119.91 billion current USD | -10.5% |
| 2001 | 118.84 billion current USD | -0.9% |
| 2002 | 128.08 billion current USD | +7.8% |
| 2003 | 157.16 billion current USD | +22.7% |
| 2004 | 177.91 billion current USD | +13.2% |
| 2005 | 181.75 billion current USD | +2.2% |
| 2006 | 187.68 billion current USD | +3.3% |
| 2007 | 211.53 billion current USD | +12.7% |
| 2008 | 236.65 billion current USD | +11.9% |
| 2009 | 225.76 billion current USD | -4.6% |
| 2010 | 213.72 billion current USD | -5.3% |
| 2011 | 221.55 billion current USD | +3.7% |
| 2012 | 205.67 billion current USD | -7.2% |
| 2013 | 207.38 billion current USD | +0.8% |
| 2014 | 207.31 billion current USD | -0.0% |
| 2015 | 177.79 billion current USD | -14.2% |
| 2016 | 182.63 billion current USD | +2.7% |
| 2017 | 194.13 billion current USD | +6.3% |
| 2018 | 215.28 billion current USD | +10.9% |
| 2019 | 217.33 billion current USD | +1.0% |
| 2020 | 237.69 billion current USD | +9.4% |
| 2021 | 262.31 billion current USD | +10.4% |
| 2022 | 258.99 billion current USD | -1.3% |
| 2023 | 305.73 billion current USD | +18.0% |
| 2024 | 368.50 billion current USD | +20.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 20.19 billion current USD | 13.48 billion current USD | 26.58 billion current USD | 10 |
| 1970s | 52.78 billion current USD | 28.64 billion current USD | 76.03 billion current USD | 10 |
| 1980s | 89.05 billion current USD | 67.54 billion current USD | 120.63 billion current USD | 10 |
| 1990s | 140.10 billion current USD | 132.71 billion current USD | 148.26 billion current USD | 10 |
| 2000s | 174.53 billion current USD | 118.84 billion current USD | 236.65 billion current USD | 10 |
| 2010s | 204.28 billion current USD | 177.79 billion current USD | 221.55 billion current USD | 10 |
| 2020s | 286.64 billion current USD | 237.69 billion current USD | 368.50 billion current USD | 5 |
Countries ranked near European Union
- 1 United States of America 997.31 billion current USD compare
- 2 China 313.66 billion current USD compare
- 3 Russian Federation 148.97 billion current USD compare
- 4 Germany 88.46 billion current USD compare
- 5 India 86.13 billion current USD compare
More public sector data for European Union
- Arms imports 6.17 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 13.69 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 29.33 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 6.17 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 818.48 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0189 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 20.53 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,195 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 76,656 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), gaps filled in European Union?
- Military expenditure (current usd), gaps filled in European Union was 368.50 billion current USD in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), gaps filled recorded in European Union?
- The highest recorded value was 368.50 billion current USD in 2024.
- What is the lowest military expenditure (current usd), gaps filled recorded in European Union?
- The lowest recorded value was 13.48 billion current USD in 1960.
- How does European Union rank for military expenditure (current usd), gaps filled?
- European Union ranks 2nd out of 3 regions with data for 2024.
- Is military expenditure (current usd), gaps filled rising or falling in European Union?
- Over the last ten years it is up 77.8%. The long-run trend across the full record is volatile.
- Where does this European Union 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 — 65 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.