Military expenditure in dollars — all countries

Military expenditure in dollars — Europe & Central Asia

Military expenditure in dollars in Europe & Central Asia in 2024 — 719,051,892,986 US$. Since 1987, the indicator has risen by 356.6%.

2024 719B US$ +19.52% vs 2023
World rank
Period maximum 719B US$2024
Period minimum 157B US$1987

Trend over time

1987–2024 · US$

Military expenditure in dollars — Europe & Central Asia, 1987–20240200B400B600B800B19871991199519992003200720112015201920231987: 157,467,615,287 US$1988: 167,801,523,755 US$1989: 167,066,157,094 US$1990: 199,532,060,598 US$1992: 207,666,484,427 US$1993: 192,727,708,766 US$1994: 201,619,051,941 US$1995: 215,738,493,707 US$1996: 220,465,764,183 US$1997: 211,209,257,294 US$1998: 203,211,807,671 US$1999: 200,302,908,686 US$2000: 186,419,443,522 US$2001: 185,551,553,170 US$2002: 205,311,989,448 US$2003: 248,058,977,879 US$2004: 282,505,929,246 US$2005: 296,434,467,379 US$2006: 314,792,398,031 US$2007: 362,935,977,529 US$2008: 405,400,521,569 US$2009: 377,259,619,988 US$2010: 374,729,450,791 US$2011: 399,660,545,515 US$2012: 395,001,890,823 US$2013: 404,329,763,516 US$2014: 401,777,092,933 US$2015: 341,553,161,091 US$2016: 342,742,363,392 US$2017: 352,106,048,464 US$2018: 377,751,390,258 US$2019: 386,057,287,291 US$2020: 401,142,648,079 US$2021: 438,569,906,640 US$2022: 505,269,067,161 US$2023: 601,602,620,397 US$2024: 719,051,892,986 US$
Change over the period: +562B (+356.63%) Average annual rate: 4.19 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Europe & Central Asia

Europe & Central Asia 719B US$
World 2.65T US$
Military expenditure in dollars — Europe & Central Asia, by year Europe & Central Asia All countries CSV XLSX
Year US$ Change Change, %
2024 719B +117B +19.52%
2023 602B +96.33B +19.07%
2022 505B +66.7B +15.21%
2021 439B +37.43B +9.33%
2020 401B +15.09B +3.91%
2019 386B +8.31B +2.2%
2018 378B +25.65B +7.28%
2017 352B +9.36B +2.73%
2016 343B +1.19B +0.35%
2015 342B −60.22B −14.99%
2014 402B −2.55B −0.63%
2013 404B +9.33B +2.36%
2012 395B −4.66B −1.17%
2011 400B +24.93B +6.65%
2010 375B −2.53B −0.67%
2009 377B −28.14B −6.94%
2008 405B +42.46B +11.7%
2007 363B +48.14B +15.29%
2006 315B +18.36B +6.19%
2005 296B +13.93B +4.93%
2004 283B +34.45B +13.89%
2003 248B +42.75B +20.82%
2002 205B +19.76B +10.65%
2001 186B −868M −0.47%
2000 186B −13.88B −6.93%
1999 200B −2.91B −1.43%
1998 203B −8B −3.79%
1997 211B −9.26B −4.2%
1996 220B +4.73B +2.19%
1995 216B +14.12B +7%
1994 202B +8.89B +4.61%
1993 193B −14.94B −7.19%
1992 208B
1990 200B +32.47B +19.43%
1989 167B −735M −0.44%
1988 168B +10.33B +6.56%
1987 157B

About the indicator

Military expenditure in current US dollars under the SIPRI definition. It allows absolute defense budgets to be compared, but not military capability: the purchasing power of the dollar in defense differs widely between countries, so equal budgets buy different amounts of personnel and equipment.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.