Military expenditure (current USD), per unit of GDP in Greece
Greece: Military expenditure (current USD), per unit of GDP was 0.0313 current USD per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.0313 current USD per US$ of GDP
Change on year
up 8.4%
World rank
31st
of 166 countries
All-time high
0.0515 current USD per US$ of GDP
in 1977
All-time low
0.0236 current USD per US$ of GDP
in 2014
Years of data
65
1960–2024
Military expenditure (current USD), per unit of GDP in Greece, 1960–2024
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 Greece is 0.0313 current USD per US$ of GDP, measured in 2024.
That represents a change of up 8.4% on the previous year and up 32.4% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in Greece peaked at 0.0515 current USD per US$ of GDP in 1977 and was at its lowest, 0.0236 current USD per US$ of GDP, in 2014.
That places Greece 31st out of 166 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 65 years of available data.
Military expenditure (current USD), per unit of GDP in Greece, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0398 current USD per US$ of GDP | — |
| 1961 | 0.0343 current USD per US$ of GDP | -13.9% |
| 1962 | 0.0331 current USD per US$ of GDP | -3.5% |
| 1963 | 0.0309 current USD per US$ of GDP | -6.7% |
| 1964 | 0.0286 current USD per US$ of GDP | -7.3% |
| 1965 | 0.0277 current USD per US$ of GDP | -3.4% |
| 1966 | 0.0282 current USD per US$ of GDP | +2.0% |
| 1967 | 0.0342 current USD per US$ of GDP | +21.3% |
| 1968 | 0.0369 current USD per US$ of GDP | +7.7% |
| 1969 | 0.0371 current USD per US$ of GDP | +0.8% |
| 1970 | 0.0366 current USD per US$ of GDP | -1.6% |
| 1971 | 0.0359 current USD per US$ of GDP | -1.9% |
| 1972 | 0.0345 current USD per US$ of GDP | -3.9% |
| 1973 | 0.0306 current USD per US$ of GDP | -11.1% |
| 1974 | 0.042 current USD per US$ of GDP | +37.2% |
| 1975 | 0.051 current USD per US$ of GDP | +21.3% |
| 1976 | 0.0508 current USD per US$ of GDP | -0.3% |
| 1977 | 0.0515 current USD per US$ of GDP | +1.5% |
| 1978 | 0.0485 current USD per US$ of GDP | -5.8% |
| 1979 | 0.0451 current USD per US$ of GDP | -7.0% |
| 1980 | 0.0406 current USD per US$ of GDP | -10.0% |
| 1981 | 0.05 current USD per US$ of GDP | +23.0% |
| 1982 | 0.049 current USD per US$ of GDP | -1.9% |
| 1983 | 0.045 current USD per US$ of GDP | -8.1% |
| 1984 | 0.0421 current USD per US$ of GDP | -6.5% |
| 1985 | 0.0409 current USD per US$ of GDP | -3.0% |
| 1986 | 0.036 current USD per US$ of GDP | -12.0% |
| 1987 | 0.0371 current USD per US$ of GDP | +3.1% |
| 1988 | 0.0366 current USD per US$ of GDP | -1.3% |
| 1989 | 0.0328 current USD per US$ of GDP | -10.3% |
| 1990 | 0.0331 current USD per US$ of GDP | +0.9% |
| 1991 | 0.0304 current USD per US$ of GDP | -8.3% |
| 1992 | 0.0316 current USD per US$ of GDP | +4.2% |
| 1993 | 0.0314 current USD per US$ of GDP | -0.8% |
| 1994 | 0.0312 current USD per US$ of GDP | -0.5% |
| 1995 | 0.031 current USD per US$ of GDP | -0.7% |
| 1996 | 0.0324 current USD per US$ of GDP | +4.5% |
| 1997 | 0.033 current USD per US$ of GDP | +1.8% |
| 1998 | 0.0346 current USD per US$ of GDP | +4.8% |
| 1999 | 0.0366 current USD per US$ of GDP | +5.8% |
| 2000 | 0.0363 current USD per US$ of GDP | -0.7% |
| 2001 | 0.0335 current USD per US$ of GDP | -7.6% |
| 2002 | 0.0315 current USD per US$ of GDP | -6.0% |
| 2003 | 0.0256 current USD per US$ of GDP | -18.8% |
| 2004 | 0.0267 current USD per US$ of GDP | +4.3% |
| 2005 | 0.029 current USD per US$ of GDP | +8.7% |
| 2006 | 0.0283 current USD per US$ of GDP | -2.5% |
| 2007 | 0.0272 current USD per US$ of GDP | -3.9% |
| 2008 | 0.0301 current USD per US$ of GDP | +10.9% |
| 2009 | 0.0326 current USD per US$ of GDP | +8.1% |
| 2010 | 0.0275 current USD per US$ of GDP | -15.4% |
| 2011 | 0.0252 current USD per US$ of GDP | -8.6% |
| 2012 | 0.0248 current USD per US$ of GDP | -1.6% |
| 2013 | 0.0239 current USD per US$ of GDP | -3.5% |
| 2014 | 0.0236 current USD per US$ of GDP | -1.1% |
| 2015 | 0.0248 current USD per US$ of GDP | +4.7% |
| 2016 | 0.0257 current USD per US$ of GDP | +3.8% |
| 2017 | 0.0254 current USD per US$ of GDP | -1.2% |
| 2018 | 0.027 current USD per US$ of GDP | +6.3% |
| 2019 | 0.026 current USD per US$ of GDP | -3.8% |
| 2020 | 0.0302 current USD per US$ of GDP | +16.2% |
| 2021 | 0.038 current USD per US$ of GDP | +26.0% |
| 2022 | 0.0401 current USD per US$ of GDP | +5.5% |
| 2023 | 0.0289 current USD per US$ of GDP | -28.0% |
| 2024 | 0.0313 current USD per US$ of GDP | +8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0331 current USD per US$ of GDP | 0.0277 current USD per US$ of GDP | 0.0398 current USD per US$ of GDP | 10 |
| 1970s | 0.0426 current USD per US$ of GDP | 0.0306 current USD per US$ of GDP | 0.0515 current USD per US$ of GDP | 10 |
| 1980s | 0.041 current USD per US$ of GDP | 0.0328 current USD per US$ of GDP | 0.05 current USD per US$ of GDP | 10 |
| 1990s | 0.0325 current USD per US$ of GDP | 0.0304 current USD per US$ of GDP | 0.0366 current USD per US$ of GDP | 10 |
| 2000s | 0.0301 current USD per US$ of GDP | 0.0256 current USD per US$ of GDP | 0.0363 current USD per US$ of GDP | 10 |
| 2010s | 0.0254 current USD per US$ of GDP | 0.0236 current USD per US$ of GDP | 0.0275 current USD per US$ of GDP | 10 |
| 2020s | 0.0337 current USD per US$ of GDP | 0.0289 current USD per US$ of GDP | 0.0401 current USD per US$ of GDP | 5 |
Countries ranked near Greece
- 28 United States of America 0.034 current USD per US$ of GDP compare
- 29 Estonia 0.0334 current USD per US$ of GDP compare
- 30 Latvia 0.0324 current USD per US$ of GDP compare
- 32 Lithuania 0.0307 current USD per US$ of GDP compare
- 33 Botswana 0.0294 current USD per US$ of GDP compare
- 34 Bahrain 0.0293 current USD per US$ of GDP compare
More public sector data for Greece
- Arms imports 623.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 59.87 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0024 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 54.21 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 623.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 770.96 current USD per person (2024)
- Military expenditure (current USD), annual growth rate 14.36 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 8.02 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 3,134 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 54,421 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), per unit of gdp in Greece?
- Military expenditure (current usd), per unit of gdp in Greece was 0.0313 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 Greece?
- The highest recorded value was 0.0515 current USD per US$ of GDP in 1977.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in Greece?
- The lowest recorded value was 0.0236 current USD per US$ of GDP in 2014.
- How does Greece rank for military expenditure (current usd), per unit of gdp?
- Greece ranks 31st out of 166 countries with data for 2024.
- Is military expenditure (current usd), per unit of gdp rising or falling in Greece?
- Over the last ten years it is up 32.4%. The long-run trend across the full record is falling.
- Where does this Greece 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.