Military expenditure (current USD), gaps filled in Spain

Spain: Military expenditure (current USD), gaps filled was 24.62 billion current USD in 2024. ◆ Volatile

Latest (2024)
24.62 billion current USD
Change on year
up 3.3%
World rank
18th
of 167 countries
All-time high
24.62 billion current USD
in 2024
All-time low
232.84 million current USD
in 1960
Years of data
65
1960–2024

Military expenditure (current USD), gaps filled in Spain, 1960–2024

05.0B10.0B15.0B20.0B25.0B196019922024

Source: Statizoid (derived). Measured in current USD.

Analysis

The most recent figure for military expenditure (current usd), gaps filled in Spain is 24.62 billion current USD, measured in 2024. That is the highest value across all 65 years on record.

The figure is up 3.3% on the previous year and up 43.3% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in Spain peaked at 24.62 billion current USD in 2024 and was at its lowest, 232.84 million current USD, in 1960.

That places Spain 18th out of 167 countries with data for 2024, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1960s 450.51 million current USD 232.84 million current USD 805.71 million current USD 10
1970s 2.23 billion current USD 859.15 million current USD 4.91 billion current USD 10
1980s 6.25 billion current USD 4.77 billion current USD 9.30 billion current USD 10
1990s 10.98 billion current USD 9.87 billion current USD 12.25 billion current USD 10
2000s 15.46 billion current USD 10.22 billion current USD 22.23 billion current USD 10
2010s 17.29 billion current USD 14.01 billion current USD 19.71 billion current USD 10
2020s 21.14 billion current USD 17.43 billion current USD 24.62 billion current USD 5

Countries ranked near Spain

  1. 15 Australia 33.82 billion current USD compare
  2. 16 Canada 29.35 billion current USD compare
  3. 17 Türkiye 24.98 billion current USD compare
  4. 19 Netherlands 23.18 billion current USD compare
  5. 20 United Arab Emirates 22.76 billion current USD compare
  6. 21 Algeria 21.81 billion current USD compare

See the full ranking of 211 places →

More public sector data for Spain

All data for Spain →

Frequently asked questions

What is military expenditure (current usd), gaps filled in Spain?
Military expenditure (current usd), gaps filled in Spain was 24.62 billion current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in Spain?
The highest recorded value was 24.62 billion current USD in 2024.
What is the lowest military expenditure (current usd), gaps filled recorded in Spain?
The lowest recorded value was 232.84 million current USD in 1960.
How does Spain rank for military expenditure (current usd), gaps filled?
Spain ranks 18th out of 167 countries with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in Spain?
Over the last ten years it is up 43.3%. 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), gaps filled. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), gaps filled in Spain. Statizoid, drawing on Statizoid (derived). Retrieved 21 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/spain/

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<a href="https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/spain/">Military expenditure (current USD), gaps filled in Spain</a> — Statizoid

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

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), gaps filled
Unit
current USD
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,708 data points, 1960–2024
Last refreshed

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.