Military expenditure (current USD) in Belgium

Belgium: Military expenditure was 8.56 billion current USD in 2024. ◆ Volatile

Latest (2024)
8.56 billion current USD
Change on year
up 12.2%
World rank
33rd
of 168 countries
All-time high
8.56 billion current USD
in 2024
All-time low
383.22 million current USD
in 1960
Years of data
65
1960–2024

Military expenditure in Belgium, 1960–2024

02.0B4.0B6.0B8.0B196019922024

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.

Analysis

In 2024, military expenditure in Belgium stood at 8.56 billion current USD. That is the highest value across all 65 years on record.

Compared with earlier readings it is up 12.2% on the previous year and up 64.9% over ten years.

Over the whole period, military expenditure in Belgium peaked at 8.56 billion current USD in 2024 and was at its lowest, 383.22 million current USD, in 1960.

That places Belgium 33rd out of 168 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.

Military expenditure in Belgium, year by year

Annual values for Military expenditure (current USD) in Belgium, 1960 to 2024.
Year current USD Change
1960 383.22 million current USD —
1961 391.22 million current USD +2.1%
1962 422.22 million current USD +7.9%
1963 444.60 million current USD +5.3%
1964 497.06 million current USD +11.8%
1965 500.72 million current USD +0.7%
1966 563.38 million current USD +12.5%
1967 607.92 million current USD +7.9%
1968 646.38 million current USD +6.3%
1969 675.08 million current USD +4.4%
1970 747.75 million current USD +10.8%
1971 828.72 million current USD +10.8%
1972 1.03 billion current USD +23.9%
1973 1.30 billion current USD +26.3%
1974 1.48 billion current USD +14.3%
1975 1.93 billion current USD +30.0%
1976 2.11 billion current USD +9.4%
1977 2.50 billion current USD +18.3%
1978 3.17 billion current USD +26.8%
1979 3.63 billion current USD +14.7%
1980 3.96 billion current USD +9.0%
1981 3.39 billion current USD -14.5%
1982 2.89 billion current USD -14.6%
1983 2.67 billion current USD -7.6%
1984 2.41 billion current USD -9.9%
1985 2.43 billion current USD +0.9%
1986 3.40 billion current USD +40.2%
1987 4.16 billion current USD +22.3%
1988 4.10 billion current USD -1.6%
1989 3.88 billion current USD -5.3%
1990 4.64 billion current USD +19.7%
1991 4.62 billion current USD -0.4%
1992 4.13 billion current USD -10.7%
1993 3.75 billion current USD -9.3%
1994 3.94 billion current USD +5.3%
1995 4.45 billion current USD +12.8%
1996 4.24 billion current USD -4.7%
1997 3.68 billion current USD -13.1%
1998 3.66 billion current USD -0.5%
1999 3.60 billion current USD -1.8%
2000 3.19 billion current USD -11.3%
2001 3.04 billion current USD -4.9%
2002 3.15 billion current USD +3.7%
2003 3.88 billion current USD +23.1%
2004 4.26 billion current USD +10.0%
2005 4.23 billion current USD -0.8%
2006 4.31 billion current USD +1.9%
2007 5.16 billion current USD +19.9%
2008 6.30 billion current USD +21.9%
2009 5.62 billion current USD -10.7%
2010 5.24 billion current USD -6.7%
2011 5.50 billion current USD +4.9%
2012 5.17 billion current USD -6.0%
2013 5.26 billion current USD +1.8%
2014 5.19 billion current USD -1.4%
2015 4.20 billion current USD -19.1%
2016 4.26 billion current USD +1.3%
2017 4.43 billion current USD +4.2%
2018 4.84 billion current USD +9.2%
2019 4.76 billion current USD -1.6%
2020 5.32 billion current USD +11.7%
2021 6.24 billion current USD +17.3%
2022 6.89 billion current USD +10.4%
2023 7.63 billion current USD +10.7%
2024 8.56 billion current USD +12.2%

Belgium compared with similar countries

  • Belgium's 8.56 billion current USD is above the median for high income countries, which is 6.62 billion current USD, 1.3× the median. (54 countries reporting)
  • Belgium's 8.56 billion current USD is above the median for Europe & Central Asia, which is 2.63 billion current USD, 3.3× the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 513.18 million current USD 383.22 million current USD 675.08 million current USD 10
1970s 1.87 billion current USD 747.75 million current USD 3.63 billion current USD 10
1980s 3.33 billion current USD 2.41 billion current USD 4.16 billion current USD 10
1990s 4.07 billion current USD 3.60 billion current USD 4.64 billion current USD 10
2000s 4.31 billion current USD 3.04 billion current USD 6.30 billion current USD 10
2010s 4.89 billion current USD 4.20 billion current USD 5.50 billion current USD 10
2020s 6.93 billion current USD 5.32 billion current USD 8.56 billion current USD 5

Countries ranked near Belgium

  1. 30 Pakistan 10.17 billion current USD compare
  2. 31 Denmark 9.96 billion current USD compare
  3. 32 Romania 8.72 billion current USD compare
  4. 34 Greece 8.02 billion current USD compare
  5. 35 Iran 7.89 billion current USD compare
  6. 36 Kuwait 7.79 billion current USD compare

See the full ranking of 212 places →

More public sector data for Belgium

All data for Belgium →

Frequently asked questions

What is military expenditure in Belgium?
Military expenditure in Belgium was 8.56 billion current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Belgium?
The highest recorded value was 8.56 billion current USD in 2024.
What is the lowest military expenditure recorded in Belgium?
The lowest recorded value was 383.22 million current USD in 1960.
How does Belgium rank for military expenditure?
Belgium ranks 33rd out of 168 countries with data for 2024.
Is military expenditure rising or falling in Belgium?
Over the last ten years it is up 64.9%. The long-run trend across the full record is volatile.
Where does this Belgium data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.

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Military expenditure in Belgium. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd/belgium/

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About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
212 places, 10,618 data points, 1960–2024
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)