Military expenditure in Greece
Greece: Military expenditure was 3.1% in 2024. ▼ Falling
Latest (2024)
3.1%
Change on year
up 8.5%
World rank
28th
of 164 countries
All-time high
5.9%
in 1977
All-time low
2.4%
in 2014
Years of data
65
1960–2024
Military expenditure in Greece, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of GDP.
Analysis
In 2024, military expenditure in Greece stood at 3.1%.
Compared with earlier readings it is up 8.5% on the previous year and up 32.1% over ten years.
Over the whole period, military expenditure in Greece peaked at 5.9% in 1977 and was at its lowest, 2.4%, in 2014.
Greece ranks 28th of 164 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 65 years of available data.
Military expenditure in Greece, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 4.9% | — |
| 1961 | 4.2% | -12.6% |
| 1962 | 4.0% | -4.6% |
| 1963 | 3.8% | -5.5% |
| 1964 | 3.6% | -6.6% |
| 1965 | 3.5% | -2.1% |
| 1966 | 3.6% | +2.5% |
| 1967 | 4.3% | +21.2% |
| 1968 | 4.7% | +7.9% |
| 1969 | 4.8% | +2.1% |
| 1970 | 4.2% | -12.4% |
| 1971 | 4.1% | -1.9% |
| 1972 | 4.0% | -3.9% |
| 1973 | 3.5% | -11.1% |
| 1974 | 4.8% | +37.1% |
| 1975 | 5.8% | +21.2% |
| 1976 | 5.8% | -0.3% |
| 1977 | 5.9% | +1.5% |
| 1978 | 5.6% | -5.8% |
| 1979 | 5.2% | -7.1% |
| 1980 | 4.7% | -10.0% |
| 1981 | 5.7% | +23.1% |
| 1982 | 5.6% | -1.9% |
| 1983 | 5.2% | -8.1% |
| 1984 | 4.8% | -6.5% |
| 1985 | 4.7% | -3.0% |
| 1986 | 4.1% | -12.0% |
| 1987 | 4.3% | +3.1% |
| 1988 | 4.2% | -1.3% |
| 1989 | 3.8% | -10.3% |
| 1990 | 3.8% | +0.9% |
| 1991 | 3.5% | -8.3% |
| 1992 | 3.6% | +4.2% |
| 1993 | 3.6% | -0.8% |
| 1994 | 3.6% | -0.5% |
| 1995 | 3.1% | -13.5% |
| 1996 | 3.2% | +4.5% |
| 1997 | 3.3% | +1.8% |
| 1998 | 3.5% | +4.8% |
| 1999 | 3.5% | +1.1% |
| 2000 | 3.6% | +2.9% |
| 2001 | 3.4% | -6.6% |
| 2002 | 3.2% | -5.7% |
| 2003 | 2.6% | -19.0% |
| 2004 | 2.7% | +4.3% |
| 2005 | 2.9% | +8.6% |
| 2006 | 2.8% | -2.5% |
| 2007 | 2.7% | -3.9% |
| 2008 | 3.0% | +11.2% |
| 2009 | 3.3% | +8.1% |
| 2010 | 2.8% | -15.7% |
| 2011 | 2.5% | -8.6% |
| 2012 | 2.5% | -1.7% |
| 2013 | 2.4% | -3.4% |
| 2014 | 2.4% | -1.0% |
| 2015 | 2.5% | +4.6% |
| 2016 | 2.6% | +3.8% |
| 2017 | 2.6% | -0.6% |
| 2018 | 2.7% | +5.6% |
| 2019 | 2.6% | -3.9% |
| 2020 | 3.0% | +16.4% |
| 2021 | 3.8% | +25.8% |
| 2022 | 4.0% | +5.2% |
| 2023 | 2.9% | -27.9% |
| 2024 | 3.1% | +8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.1% | 3.5% | 4.9% | 10 |
| 1970s | 4.9% | 3.5% | 5.9% | 10 |
| 1980s | 4.7% | 3.8% | 5.7% | 10 |
| 1990s | 3.5% | 3.1% | 3.8% | 10 |
| 2000s | 3.0% | 2.6% | 3.6% | 10 |
| 2010s | 2.5% | 2.4% | 2.8% | 10 |
| 2020s | 3.4% | 2.9% | 4.0% | 5 |
Countries ranked near Greece
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), per unit of GDP 0.0313 current USD per US$ of GDP (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)
Frequently asked questions
- What is military expenditure in Greece?
- Military expenditure in Greece was 3.1% in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Greece?
- The highest recorded value was 5.9% in 1977.
- What is the lowest military expenditure recorded in Greece?
- The lowest recorded value was 2.4% in 2014.
- How does Greece rank for military expenditure?
- Greece ranks 28th out of 164 countries with data for 2024.
- Is military expenditure rising or falling in Greece?
- Over the last ten years it is up 32.1%. The long-run trend across the full record is falling.
- Where does this Greece data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Military expenditure by country as percentage of gross domestic product