Military expenditure in dollars — all countries

Military expenditure in dollars — European Union

Military expenditure in dollars in the European Union in 2024 — 368,504,310,504 US$. Since 1960, the indicator has risen by 2,633.1%.

2024 369B US$ +20.53% vs 2023
World rank
Period maximum 369B US$2024
Period minimum 13.48B US$1960

Trend over time

1960–2024 · US$

Military expenditure in dollars — European Union, 1960–20240100B200B300B400B19601967197419811988199520022009201620231960: 13,483,066,047 US$1962: 17,116,468,739 US$1964: 19,786,674,464 US$1966: 22,152,352,598 US$1968: 24,825,304,472 US$1970: 28,640,986,075 US$1972: 37,501,617,078 US$1974: 50,171,230,404 US$1976: 60,172,367,640 US$1978: 72,409,660,456 US$1980: 83,638,689,660 US$1982: 74,306,260,873 US$1984: 67,544,513,441 US$1986: 93,213,291,592 US$1988: 120,631,867,199 US$1990: 143,241,426,765 US$1992: 147,957,242,435 US$1994: 135,605,363,863 US$1996: 148,256,326,234 US$1998: 135,453,049,296 US$2000: 119,907,104,395 US$2002: 128,080,957,501 US$2004: 177,912,801,438 US$2006: 187,684,353,915 US$2008: 236,651,656,839 US$2010: 213,721,204,010 US$2012: 205,670,809,709 US$2014: 207,309,069,343 US$2016: 182,634,996,940 US$2018: 215,277,618,917 US$2020: 237,694,461,748 US$2022: 258,986,061,786 US$2024: 368,504,310,504 US$
Change over the period: +355B (+2,633.09%) Average annual rate: 5.3 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: European Union

European Union 369B US$
World 2.65T US$
Military expenditure in dollars — European Union, by year European Union All countries CSV XLSX
Year US$ Change Change, %
2024 369B +62.78B +20.53%
2023 306B +46.74B +18.05%
2022 259B −3.32B −1.27%
2021 262B +24.62B +10.36%
2020 238B +20.37B +9.37%
2019 217B +2.05B +0.95%
2018 215B +21.15B +10.89%
2017 194B +11.49B +6.29%
2016 183B +4.84B +2.72%
2015 178B −29.52B −14.24%
2014 207B −69.22M −0.03%
2013 207B +1.71B +0.83%
2012 206B −15.88B −7.17%
2011 222B +7.83B +3.66%
2010 214B −12.04B −5.33%
2009 226B −10.89B −4.6%
2008 237B +25.13B +11.88%
2007 212B +23.84B +12.7%
2006 188B +5.94B +3.27%
2005 182B +3.83B +2.16%
2004 178B +20.75B +13.2%
2003 157B +29.08B +22.7%
2002 128B +9.24B +7.78%
2001 119B −1.07B −0.89%
2000 120B −14.06B −10.49%
1999 134B −1.49B −1.1%
1998 135B +421M +0.31%
1997 135B −13.22B −8.92%
1996 148B +174M +0.12%
1995 148B +12.48B +9.2%
1994 136B +2.9B +2.18%
1993 133B −15.25B −10.31%
1992 148B +7.22B +5.13%
1991 141B −2.5B −1.75%
1990 143B +23B +19.13%
1989 120B −389M −0.32%
1988 121B +6.73B +5.91%
1987 114B +20.69B +22.2%
1986 93.21B +23.43B +33.57%
1985 69.78B +2.24B +3.31%
1984 67.54B −4.24B −5.9%
1983 71.78B −2.53B −3.4%
1982 74.31B −1.18B −1.56%
1981 75.49B −8.15B −9.75%
1980 83.64B +7.61B +10.01%
1979 76.03B +3.62B +5%
1978 72.41B +4.23B +6.21%
1977 68.18B +8B +13.3%
1976 60.17B +2.17B +3.73%
1975 58.01B +7.84B +15.62%
1974 50.17B +5.57B +12.5%
1973 44.6B +7.1B +18.92%
1972 37.5B +5.45B +17.02%
1971 32.05B +3.41B +11.9%
1970 28.64B +2.06B +7.75%
1969 26.58B +1.76B +7.07%
1968 24.83B +1.35B +5.73%
1967 23.48B +1.33B +5.99%
1966 22.15B +1.36B +6.53%
1965 20.79B +1.01B +5.09%
1964 19.79B +958M +5.09%
1963 18.83B +1.71B +10%
1962 17.12B +2.26B +15.21%
1961 14.86B +1.37B +10.19%
1960 13.48B

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.