Military expenditure (current USD), per unit of GDP in European Union
European Union: Military expenditure (current USD), per unit of GDP was 0.0189 current USD per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.0189 current USD per US$ of GDP
Change on year
up 15.3%
Rank
2nd
of 3 groups
All-time high
0.0489 current USD per US$ of GDP
in 1963
All-time low
0.013 current USD per US$ of GDP
in 2015
Years of data
65
1960–2024
Military expenditure (current USD), per unit of GDP in European Union, 1960–2024
Source: Statizoid (derived). Measured in current USD per US$ of GDP.
Analysis
European Union recorded 0.0189 current USD per US$ of GDP for military expenditure (current usd), per unit of gdp in 2024.
Compared with earlier readings it is up 15.3% on the previous year and up 43.7% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in European Union peaked at 0.0489 current USD per US$ of GDP in 1963 and was at its lowest, 0.013 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 European Union, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0473 current USD per US$ of GDP | — |
| 1961 | 0.0468 current USD per US$ of GDP | -0.9% |
| 1962 | 0.0488 current USD per US$ of GDP | +4.3% |
| 1963 | 0.0489 current USD per US$ of GDP | +0.1% |
| 1964 | 0.0463 current USD per US$ of GDP | -5.3% |
| 1965 | 0.0445 current USD per US$ of GDP | -4.0% |
| 1966 | 0.0438 current USD per US$ of GDP | -1.6% |
| 1967 | 0.0436 current USD per US$ of GDP | -0.4% |
| 1968 | 0.043 current USD per US$ of GDP | -1.5% |
| 1969 | 0.0412 current USD per US$ of GDP | -4.1% |
| 1970 | 0.0393 current USD per US$ of GDP | -4.7% |
| 1971 | 0.0389 current USD per US$ of GDP | -1.0% |
| 1972 | 0.0377 current USD per US$ of GDP | -3.0% |
| 1973 | 0.0347 current USD per US$ of GDP | -8.1% |
| 1974 | 0.0344 current USD per US$ of GDP | -0.6% |
| 1975 | 0.0342 current USD per US$ of GDP | -0.7% |
| 1976 | 0.0339 current USD per US$ of GDP | -1.0% |
| 1977 | 0.0339 current USD per US$ of GDP | +0.0% |
| 1978 | 0.0295 current USD per US$ of GDP | -12.8% |
| 1979 | 0.0257 current USD per US$ of GDP | -13.1% |
| 1980 | 0.0252 current USD per US$ of GDP | -1.7% |
| 1981 | 0.0261 current USD per US$ of GDP | +3.4% |
| 1982 | 0.0266 current USD per US$ of GDP | +2.0% |
| 1983 | 0.0265 current USD per US$ of GDP | -0.7% |
| 1984 | 0.0258 current USD per US$ of GDP | -2.3% |
| 1985 | 0.026 current USD per US$ of GDP | +0.4% |
| 1986 | 0.0248 current USD per US$ of GDP | -4.4% |
| 1987 | 0.0245 current USD per US$ of GDP | -1.2% |
| 1988 | 0.0237 current USD per US$ of GDP | -3.5% |
| 1989 | 0.0231 current USD per US$ of GDP | -2.4% |
| 1990 | 0.022 current USD per US$ of GDP | -4.7% |
| 1991 | 0.0209 current USD per US$ of GDP | -4.9% |
| 1992 | 0.02 current USD per US$ of GDP | -4.3% |
| 1993 | 0.0197 current USD per US$ of GDP | -1.8% |
| 1994 | 0.019 current USD per US$ of GDP | -3.6% |
| 1995 | 0.0179 current USD per US$ of GDP | -5.8% |
| 1996 | 0.0176 current USD per US$ of GDP | -1.5% |
| 1997 | 0.0175 current USD per US$ of GDP | -0.7% |
| 1998 | 0.017 current USD per US$ of GDP | -2.6% |
| 1999 | 0.0169 current USD per US$ of GDP | -0.6% |
| 2000 | 0.0165 current USD per US$ of GDP | -2.5% |
| 2001 | 0.0161 current USD per US$ of GDP | -2.5% |
| 2002 | 0.0158 current USD per US$ of GDP | -1.4% |
| 2003 | 0.0158 current USD per US$ of GDP | -0.2% |
| 2004 | 0.0156 current USD per US$ of GDP | -1.6% |
| 2005 | 0.0152 current USD per US$ of GDP | -2.2% |
| 2006 | 0.0147 current USD per US$ of GDP | -3.3% |
| 2007 | 0.0143 current USD per US$ of GDP | -2.7% |
| 2008 | 0.0145 current USD per US$ of GDP | +1.1% |
| 2009 | 0.0152 current USD per US$ of GDP | +5.1% |
| 2010 | 0.0146 current USD per US$ of GDP | -4.0% |
| 2011 | 0.014 current USD per US$ of GDP | -4.4% |
| 2012 | 0.014 current USD per US$ of GDP | +0.0% |
| 2013 | 0.0135 current USD per US$ of GDP | -3.5% |
| 2014 | 0.0132 current USD per US$ of GDP | -2.3% |
| 2015 | 0.013 current USD per US$ of GDP | -1.0% |
| 2016 | 0.0131 current USD per US$ of GDP | +0.3% |
| 2017 | 0.0131 current USD per US$ of GDP | -0.0% |
| 2018 | 0.0134 current USD per US$ of GDP | +2.5% |
| 2019 | 0.0137 current USD per US$ of GDP | +2.8% |
| 2020 | 0.0153 current USD per US$ of GDP | +11.5% |
| 2021 | 0.015 current USD per US$ of GDP | -2.2% |
| 2022 | 0.0152 current USD per US$ of GDP | +1.5% |
| 2023 | 0.0164 current USD per US$ of GDP | +7.7% |
| 2024 | 0.0189 current USD per US$ of GDP | +15.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0454 current USD per US$ of GDP | 0.0412 current USD per US$ of GDP | 0.0489 current USD per US$ of GDP | 10 |
| 1970s | 0.0342 current USD per US$ of GDP | 0.0257 current USD per US$ of GDP | 0.0393 current USD per US$ of GDP | 10 |
| 1980s | 0.0252 current USD per US$ of GDP | 0.0231 current USD per US$ of GDP | 0.0266 current USD per US$ of GDP | 10 |
| 1990s | 0.0188 current USD per US$ of GDP | 0.0169 current USD per US$ of GDP | 0.022 current USD per US$ of GDP | 10 |
| 2000s | 0.0154 current USD per US$ of GDP | 0.0143 current USD per US$ of GDP | 0.0165 current USD per US$ of GDP | 10 |
| 2010s | 0.0135 current USD per US$ of GDP | 0.013 current USD per US$ of GDP | 0.0146 current USD per US$ of GDP | 10 |
| 2020s | 0.0162 current USD per US$ of GDP | 0.015 current USD per US$ of GDP | 0.0189 current USD per US$ of GDP | 5 |
Countries ranked near European Union
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), annual growth rate 20.53 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 368.50 billion current USD (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), per unit of gdp in European Union?
- Military expenditure (current usd), per unit of gdp in European Union was 0.0189 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 European Union?
- The highest recorded value was 0.0489 current USD per US$ of GDP in 1963.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in European Union?
- The lowest recorded value was 0.013 current USD per US$ of GDP in 2015.
- How does European Union rank for military expenditure (current usd), per unit of gdp?
- European Union ranks 2nd out of 3 groups with data for 2024.
- Is military expenditure (current usd), per unit of gdp rising or falling in European Union?
- Over the last ten years it is up 43.7%. The long-run trend across the full record is falling.
- Where does this European Union 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.