Military expenditure in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Military expenditure was 102.77 billion current USD in 2024. ◆ Volatile
Latest (2024)
102.77 billion current USD
Change on year
up 6.6%
Rank
23rd
of 44 groups
All-time high
102.77 billion current USD
in 2024
All-time low
6.62 billion current USD
in 1994
Years of data
32
1993–2024
Military expenditure in Europe & Central Asia (excluding high income), 1993–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
Europe & Central Asia (excluding high income) recorded 102.77 billion current USD for military expenditure in 2024. That is the highest value across all 32 years on record.
That represents a change of up 6.6% on the previous year and up 232.8% over ten years.
Over the whole period, military expenditure in Europe & Central Asia (excluding high income) peaked at 102.77 billion current USD in 2024 and was at its lowest, 6.62 billion current USD, in 1994.
That places Europe & Central Asia (excluding high income) 23rd out of 44 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure in Europe & Central Asia (excluding high income), year by year
| Year | current USD | Change |
|---|---|---|
| 1993 | 7.38 billion current USD | — |
| 1994 | 6.62 billion current USD | -10.2% |
| 1995 | 8.50 billion current USD | +28.3% |
| 1996 | 10.07 billion current USD | +18.5% |
| 1997 | 11.99 billion current USD | +19.0% |
| 1998 | 11.79 billion current USD | -1.7% |
| 1999 | 12.68 billion current USD | +7.5% |
| 2000 | 12.24 billion current USD | -3.5% |
| 2001 | 9.81 billion current USD | -19.8% |
| 2002 | 12.12 billion current USD | +23.5% |
| 2003 | 13.83 billion current USD | +14.1% |
| 2004 | 15.04 billion current USD | +8.7% |
| 2005 | 17.38 billion current USD | +15.6% |
| 2006 | 20.08 billion current USD | +15.5% |
| 2007 | 25.08 billion current USD | +24.9% |
| 2008 | 29.24 billion current USD | +16.6% |
| 2009 | 25.77 billion current USD | -11.9% |
| 2010 | 27.75 billion current USD | +7.7% |
| 2011 | 29.15 billion current USD | +5.0% |
| 2012 | 30.72 billion current USD | +5.4% |
| 2013 | 32.39 billion current USD | +5.4% |
| 2014 | 30.88 billion current USD | -4.7% |
| 2015 | 27.06 billion current USD | -12.4% |
| 2016 | 27.03 billion current USD | -0.1% |
| 2017 | 27.57 billion current USD | +2.0% |
| 2018 | 32.82 billion current USD | +19.0% |
| 2019 | 34.48 billion current USD | +5.0% |
| 2020 | 30.53 billion current USD | -11.4% |
| 2021 | 31.37 billion current USD | +2.7% |
| 2022 | 65.58 billion current USD | +109.0% |
| 2023 | 96.39 billion current USD | +47.0% |
| 2024 | 102.77 billion current USD | +6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.86 billion current USD | 6.62 billion current USD | 12.68 billion current USD | 7 |
| 2000s | 18.06 billion current USD | 9.81 billion current USD | 29.24 billion current USD | 10 |
| 2010s | 29.99 billion current USD | 27.03 billion current USD | 34.48 billion current USD | 10 |
| 2020s | 65.33 billion current USD | 30.53 billion current USD | 102.77 billion current USD | 5 |
Countries ranked near Europe & Central Asia (excluding high income)
- 20 United Arab Emirates 22.76 billion current USD compare
- 21 Algeria 21.81 billion current USD compare
- 22 Brazil 20.95 billion current USD compare
- 23 Mexico 16.73 billion current USD compare
- 24 Qatar 15.41 billion current USD compare
- 25 Colombia 15.10 billion current USD compare
- 26 Singapore 15.06 billion current USD compare
More public sector data for Europe & Central Asia (excluding high income)
- Arms imports 6.55 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 26.15 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0027 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 13.15 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 6.55 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 410.43 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0419 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.61 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 102.77 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 979.77 SIPRI trend indicator values per square kilometre (2023)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is military expenditure in Europe & Central Asia (excluding high income)?
- Military expenditure in Europe & Central Asia (excluding high income) was 102.77 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 Europe & Central Asia (excluding high income)?
- The highest recorded value was 102.77 billion current USD in 2024.
- What is the lowest military expenditure recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 6.62 billion current USD in 1994.
- How does Europe & Central Asia (excluding high income) rank for military expenditure?
- Europe & Central Asia (excluding high income) ranks 23rd out of 44 groups with data for 2024.
- Is military expenditure rising or falling in Europe & Central Asia (excluding high income)?
- Over the last ten years it is up 232.8%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (excluding high income) 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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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)