Military expenditure (current USD), per unit of GDP in Europe & Central Asia

Europe & Central Asia: Military expenditure (current USD), per unit of GDP was 0.0245 current USD per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.0245 current USD per US$ of GDP
Change on year
up 13.0%
Rank
12th
of 41 groups
All-time high
0.0245 current USD per US$ of GDP
in 2024
All-time low
0.0161 current USD per US$ of GDP
in 2017
Years of data
37
1987–2024

Military expenditure (current USD), per unit of GDP in Europe & Central Asia, 1987–2024

00.0050.010.0150.020.0251987200520241987: 0.024 current USD per US$ of GDP1988: 0.023 current USD per US$ of GDP1989: 0.023 current USD per US$ of GDP1990: 0.022 current USD per US$ of GDP1992: 0.021 current USD per US$ of GDP1993: 0.021 current USD per US$ of GDP1994: 0.021 current USD per US$ of GDP1995: 0.02 current USD per US$ of GDP1996: 0.02 current USD per US$ of GDP1997: 0.02 current USD per US$ of GDP1998: 0.019 current USD per US$ of GDP1999: 0.019 current USD per US$ of GDP2000: 0.018 current USD per US$ of GDP2001: 0.018 current USD per US$ of GDP2002: 0.018 current USD per US$ of GDP2003: 0.018 current USD per US$ of GDP2004: 0.018 current USD per US$ of GDP2005: 0.018 current USD per US$ of GDP2006: 0.017 current USD per US$ of GDP2007: 0.017 current USD per US$ of GDP2008: 0.017 current USD per US$ of GDP2009: 0.018 current USD per US$ of GDP2010: 0.018 current USD per US$ of GDP2011: 0.017 current USD per US$ of GDP2012: 0.017 current USD per US$ of GDP2013: 0.017 current USD per US$ of GDP2014: 0.017 current USD per US$ of GDP2015: 0.017 current USD per US$ of GDP2016: 0.017 current USD per US$ of GDP2017: 0.016 current USD per US$ of GDP2018: 0.016 current USD per US$ of GDP2019: 0.017 current USD per US$ of GDP2020: 0.018 current USD per US$ of GDP2021: 0.017 current USD per US$ of GDP2022: 0.02 current USD per US$ of GDP2023: 0.022 current USD per US$ of GDP2024: 0.024 current USD per US$ of GDP

Source: Statizoid (derived). Measured in current USD per US$ of GDP.

Analysis

The most recent figure for military expenditure (current usd), per unit of gdp in Europe & Central Asia is 0.0245 current USD per US$ of GDP, measured in 2024. That is the highest value across all 37 years on record.

Compared with earlier readings it is up 13.0% on the previous year and up 46.0% over ten years.

Over the whole period, military expenditure (current usd), per unit of gdp in Europe & Central Asia peaked at 0.0245 current USD per US$ of GDP in 2024 and was at its lowest, 0.0161 current USD per US$ of GDP, in 2017.

That places Europe & Central Asia 12th out of 41 groups with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 37 years of available data.

Military expenditure (current USD), per unit of GDP in Europe & Central Asia, year by year

Annual values for Military expenditure (current USD), per unit of GDP in Europe & Central Asia, 1987 to 2024.
Year current USD per US$ of GDP Change
1987 0.0245 current USD per US$ of GDP
1988 0.0234 current USD per US$ of GDP -4.3%
1989 0.023 current USD per US$ of GDP -1.7%
1990 0.0225 current USD per US$ of GDP -2.3%
1992 0.0212 current USD per US$ of GDP -5.6%
1993 0.0214 current USD per US$ of GDP +1.0%
1994 0.0214 current USD per US$ of GDP +0.0%
1995 0.0197 current USD per US$ of GDP -8.0%
1996 0.0197 current USD per US$ of GDP +0.1%
1997 0.0199 current USD per US$ of GDP +0.9%
1998 0.0188 current USD per US$ of GDP -5.5%
1999 0.0187 current USD per US$ of GDP -0.4%
2000 0.0185 current USD per US$ of GDP -1.3%
2001 0.0182 current USD per US$ of GDP -1.5%
2002 0.0184 current USD per US$ of GDP +1.0%
2003 0.0183 current USD per US$ of GDP -0.6%
2004 0.0179 current USD per US$ of GDP -2.3%
2005 0.0176 current USD per US$ of GDP -1.4%
2006 0.0173 current USD per US$ of GDP -2.0%
2007 0.017 current USD per US$ of GDP -1.4%
2008 0.0173 current USD per US$ of GDP +1.5%
2009 0.0183 current USD per US$ of GDP +5.7%
2010 0.0177 current USD per US$ of GDP -2.9%
2011 0.017 current USD per US$ of GDP -3.9%
2012 0.0175 current USD per US$ of GDP +2.6%
2013 0.0171 current USD per US$ of GDP -2.1%
2014 0.0168 current USD per US$ of GDP -2.1%
2015 0.0165 current USD per US$ of GDP -1.3%
2016 0.0167 current USD per US$ of GDP +0.7%
2017 0.0161 current USD per US$ of GDP -3.2%
2018 0.0162 current USD per US$ of GDP +0.2%
2019 0.0167 current USD per US$ of GDP +3.4%
2020 0.018 current USD per US$ of GDP +7.4%
2021 0.0171 current USD per US$ of GDP -4.6%
2022 0.0195 current USD per US$ of GDP +14.1%
2023 0.0217 current USD per US$ of GDP +10.9%
2024 0.0245 current USD per US$ of GDP +13.0%

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.0236 current USD per US$ of GDP 0.023 current USD per US$ of GDP 0.0245 current USD per US$ of GDP 3
1990s 0.0204 current USD per US$ of GDP 0.0187 current USD per US$ of GDP 0.0225 current USD per US$ of GDP 9
2000s 0.0179 current USD per US$ of GDP 0.017 current USD per US$ of GDP 0.0185 current USD per US$ of GDP 10
2010s 0.0168 current USD per US$ of GDP 0.0161 current USD per US$ of GDP 0.0177 current USD per US$ of GDP 10
2020s 0.0202 current USD per US$ of GDP 0.0171 current USD per US$ of GDP 0.0245 current USD per US$ of GDP 5

Countries ranked near Europe & Central Asia

  1. 9 Saudi Arabia 0.0641 current USD per US$ of GDP compare
  2. 10 Burundi 0.0566 current USD per US$ of GDP compare
  3. 11 Oman 0.0559 current USD per US$ of GDP compare
  4. 12 Armenia 0.0546 current USD per US$ of GDP compare
  5. 13 United Arab Emirates 0.0535 current USD per US$ of GDP compare
  6. 14 Azerbaijan 0.0507 current USD per US$ of GDP compare
  7. 15 Kuwait 0.0484 current USD per US$ of GDP compare

See the full ranking of 210 places →

More public sector data for Europe & Central Asia

All data for Europe & Central Asia →

Frequently asked questions

What is military expenditure (current usd), per unit of gdp in Europe & Central Asia?
Military expenditure (current usd), per unit of gdp in Europe & Central Asia was 0.0245 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 Europe & Central Asia?
The highest recorded value was 0.0245 current USD per US$ of GDP in 2024.
What is the lowest military expenditure (current usd), per unit of gdp recorded in Europe & Central Asia?
The lowest recorded value was 0.0161 current USD per US$ of GDP in 2017.
How does Europe & Central Asia rank for military expenditure (current usd), per unit of gdp?
Europe & Central Asia ranks 12th out of 41 groups with data for 2024.
Is military expenditure (current usd), per unit of gdp rising or falling in Europe & Central Asia?
Over the last ten years it is up 46.0%. The long-run trend across the full record is falling.
Where does this Europe & Central Asia 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.

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Military expenditure (current USD), per unit of GDP in Europe & Central Asia. Statizoid, drawing on Statizoid (derived). Retrieved 06 September 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-per-unit-of-gdp/europe-and-central-asia/

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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

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), per unit of GDP
Unit
current USD per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,381 data points, 1960–2024
Last refreshed

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.