Military expenditure (current USD), per unit of GDP in Euro area
Euro area: Military expenditure (current USD), per unit of GDP was 0.0174 current USD per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.0174 current USD per US$ of GDP
Change on year
up 12.1%
Rank
3rd
of 3 groups
All-time high
0.0352 current USD per US$ of GDP
in 1962
All-time low
0.0129 current USD per US$ of GDP
in 2015
Years of data
65
1960–2024
Military expenditure (current USD), per unit of GDP in Euro area, 1960–2024
Source: Statizoid (derived). Measured in current USD per US$ of GDP.
Analysis
In 2024, military expenditure (current usd), per unit of gdp in Euro area stood at 0.0174 current USD per US$ of GDP.
That represents a change of up 12.1% on the previous year and up 32.3% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in Euro area peaked at 0.0352 current USD per US$ of GDP in 1962 and was at its lowest, 0.0129 current USD per US$ of GDP, in 2015.
The long-run direction has been consistently falling across the 65 years of available data.
Military expenditure (current USD), per unit of GDP in Euro area, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0335 current USD per US$ of GDP | — |
| 1961 | 0.033 current USD per US$ of GDP | -1.7% |
| 1962 | 0.0352 current USD per US$ of GDP | +6.7% |
| 1963 | 0.0351 current USD per US$ of GDP | -0.4% |
| 1964 | 0.0332 current USD per US$ of GDP | -5.4% |
| 1965 | 0.0315 current USD per US$ of GDP | -5.0% |
| 1966 | 0.0309 current USD per US$ of GDP | -2.0% |
| 1967 | 0.031 current USD per US$ of GDP | +0.5% |
| 1968 | 0.029 current USD per US$ of GDP | -6.5% |
| 1969 | 0.0273 current USD per US$ of GDP | -5.8% |
| 1970 | 0.0259 current USD per US$ of GDP | -5.2% |
| 1971 | 0.0259 current USD per US$ of GDP | -0.0% |
| 1972 | 0.0263 current USD per US$ of GDP | +1.7% |
| 1973 | 0.0255 current USD per US$ of GDP | -3.2% |
| 1974 | 0.0256 current USD per US$ of GDP | +0.5% |
| 1975 | 0.026 current USD per US$ of GDP | +1.6% |
| 1976 | 0.0254 current USD per US$ of GDP | -2.4% |
| 1977 | 0.0255 current USD per US$ of GDP | +0.6% |
| 1978 | 0.0256 current USD per US$ of GDP | +0.3% |
| 1979 | 0.0253 current USD per US$ of GDP | -1.2% |
| 1980 | 0.0251 current USD per US$ of GDP | -0.8% |
| 1981 | 0.0258 current USD per US$ of GDP | +2.9% |
| 1982 | 0.0262 current USD per US$ of GDP | +1.4% |
| 1983 | 0.026 current USD per US$ of GDP | -0.6% |
| 1984 | 0.0254 current USD per US$ of GDP | -2.4% |
| 1985 | 0.025 current USD per US$ of GDP | -1.7% |
| 1986 | 0.0243 current USD per US$ of GDP | -2.5% |
| 1987 | 0.0244 current USD per US$ of GDP | +0.3% |
| 1988 | 0.0234 current USD per US$ of GDP | -3.9% |
| 1989 | 0.023 current USD per US$ of GDP | -2.1% |
| 1990 | 0.022 current USD per US$ of GDP | -4.1% |
| 1991 | 0.0209 current USD per US$ of GDP | -4.9% |
| 1992 | 0.02 current USD per US$ of GDP | -4.2% |
| 1993 | 0.0195 current USD per US$ of GDP | -2.6% |
| 1994 | 0.0188 current USD per US$ of GDP | -3.5% |
| 1995 | 0.0179 current USD per US$ of GDP | -5.2% |
| 1996 | 0.0177 current USD per US$ of GDP | -0.9% |
| 1997 | 0.0174 current USD per US$ of GDP | -2.0% |
| 1998 | 0.0169 current USD per US$ of GDP | -2.9% |
| 1999 | 0.0168 current USD per US$ of GDP | -0.4% |
| 2000 | 0.0163 current USD per US$ of GDP | -2.6% |
| 2001 | 0.0159 current USD per US$ of GDP | -2.9% |
| 2002 | 0.0157 current USD per US$ of GDP | -1.3% |
| 2003 | 0.0157 current USD per US$ of GDP | -0.0% |
| 2004 | 0.0155 current USD per US$ of GDP | -1.0% |
| 2005 | 0.0151 current USD per US$ of GDP | -2.5% |
| 2006 | 0.0146 current USD per US$ of GDP | -3.3% |
| 2007 | 0.0142 current USD per US$ of GDP | -2.9% |
| 2008 | 0.0145 current USD per US$ of GDP | +2.3% |
| 2009 | 0.0154 current USD per US$ of GDP | +5.7% |
| 2010 | 0.0147 current USD per US$ of GDP | -4.5% |
| 2011 | 0.0141 current USD per US$ of GDP | -4.3% |
| 2012 | 0.014 current USD per US$ of GDP | -0.1% |
| 2013 | 0.0135 current USD per US$ of GDP | -3.7% |
| 2014 | 0.0131 current USD per US$ of GDP | -2.9% |
| 2015 | 0.0129 current USD per US$ of GDP | -1.7% |
| 2016 | 0.013 current USD per US$ of GDP | +0.9% |
| 2017 | 0.013 current USD per US$ of GDP | -0.3% |
| 2018 | 0.0132 current USD per US$ of GDP | +1.8% |
| 2019 | 0.0136 current USD per US$ of GDP | +2.7% |
| 2020 | 0.0151 current USD per US$ of GDP | +11.4% |
| 2021 | 0.0148 current USD per US$ of GDP | -2.0% |
| 2022 | 0.015 current USD per US$ of GDP | +0.9% |
| 2023 | 0.0155 current USD per US$ of GDP | +3.7% |
| 2024 | 0.0174 current USD per US$ of GDP | +12.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.032 current USD per US$ of GDP | 0.0273 current USD per US$ of GDP | 0.0352 current USD per US$ of GDP | 10 |
| 1970s | 0.0257 current USD per US$ of GDP | 0.0253 current USD per US$ of GDP | 0.0263 current USD per US$ of GDP | 10 |
| 1980s | 0.0249 current USD per US$ of GDP | 0.023 current USD per US$ of GDP | 0.0262 current USD per US$ of GDP | 10 |
| 1990s | 0.0188 current USD per US$ of GDP | 0.0168 current USD per US$ of GDP | 0.022 current USD per US$ of GDP | 10 |
| 2000s | 0.0153 current USD per US$ of GDP | 0.0142 current USD per US$ of GDP | 0.0163 current USD per US$ of GDP | 10 |
| 2010s | 0.0135 current USD per US$ of GDP | 0.0129 current USD per US$ of GDP | 0.0147 current USD per US$ of GDP | 10 |
| 2020s | 0.0156 current USD per US$ of GDP | 0.0148 current USD per US$ of GDP | 0.0174 current USD per US$ of GDP | 5 |
Countries ranked near Euro area
- 1 Ukraine 0.3391 current USD per US$ of GDP compare
- 2 Eritrea 0.2087 current USD per US$ of GDP compare
- 3 South Sudan 0.096 current USD per US$ of GDP compare
- 4 Israel 0.0858 current USD per US$ of GDP compare
- 5 Algeria 0.081 current USD per US$ of GDP compare
- 6 Russian Federation 0.0681 current USD per US$ of GDP compare
More public sector data for Euro area
- Arms imports 3.29 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 9.21 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 41.65 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 3.29 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 806.84 current USD per person (2024)
- Military expenditure (current USD), annual growth rate 16.6 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 288.53 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 819.39 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 87,247 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), per unit of gdp in Euro area?
- Military expenditure (current usd), per unit of gdp in Euro area was 0.0174 current USD per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), per unit of gdp recorded in Euro area?
- The highest recorded value was 0.0352 current USD per US$ of GDP in 1962.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in Euro area?
- The lowest recorded value was 0.0129 current USD per US$ of GDP in 2015.
- How does Euro area rank for military expenditure (current usd), per unit of gdp?
- Euro area ranks 3rd out of 3 groups with data for 2024.
- Is military expenditure (current usd), per unit of gdp rising or falling in Euro area?
- Over the last ten years it is up 32.3%. The long-run trend across the full record is falling.
- Where does this Euro area data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military expenditure (current USD) ÷ GDP (current US$)
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.