Military expenditure in dollars — all countries

Military expenditure in dollars — Spain

Military expenditure in dollars in Spain in 2024 — 24,615,397,929 US$. Ranked 18 in the world out of 151. Since 1960, the indicator has risen by 10,471.8%.

2024 24.62B US$ +3.33% vs 2023
World rank 18of 151
Period maximum 24.62B US$2024
Period minimum 233M US$1960

Trend over time

1960–2024 · US$

Military expenditure in dollars — Spain, 1960–2024010B20B30B19601967197419811988199520022009201620231960: 232,839,816 US$1962: 308,791,693 US$1964: 386,820,001 US$1966: 560,943,077 US$1968: 668,753,625 US$1970: 859,146,962 US$1972: 1,256,164,586 US$1974: 1,968,178,718 US$1976: 2,521,013,875 US$1978: 3,470,695,273 US$1980: 5,508,356,433 US$1982: 4,956,242,441 US$1984: 4,851,949,869 US$1986: 6,270,618,789 US$1988: 8,900,414,227 US$1990: 11,695,038,645 US$1992: 12,250,195,430 US$1994: 10,092,671,257 US$1996: 11,294,316,855 US$1998: 10,333,417,234 US$2000: 10,273,779,252 US$2002: 10,270,839,019 US$2004: 15,262,458,637 US$2006: 17,252,217,613 US$2008: 22,227,721,830 US$2010: 19,710,785,450 US$2012: 18,860,623,363 US$2014: 17,178,549,315 US$2016: 14,014,439,635 US$2018: 17,823,271,131 US$2020: 17,431,779,323 US$2022: 20,306,570,633 US$2024: 24,615,397,929 US$
Change over the period: +24.38B (+10,471.82%) Average annual rate: 7.55 %

Comparison, 2024

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

Spain 24.62B US$
World 2.65T US$
Southern Europe computed 81.68B US$
Military expenditure in dollars — Spain, by year Spain All countries CSV XLSX
Year US$ Change Change, %
2024 24.62B +794M +3.33%
2023 23.82B +3.51B +17.31%
2022 20.31B +762M +3.9%
2021 19.54B +2.11B +12.12%
2020 17.43B +242M +1.41%
2019 17.19B −634M −3.56%
2018 17.82B +1.78B +11.09%
2017 16.04B +2.03B +14.48%
2016 14.01B −1.17B −7.72%
2015 15.19B −1.99B −11.59%
2014 17.18B −64.41M −0.37%
2013 17.24B −1.62B −8.58%
2012 18.86B −835M −4.24%
2011 19.7B −15.35M −0.08%
2010 19.71B −467M −2.32%
2009 20.18B −2.05B −9.22%
2008 22.23B +2.16B +10.77%
2007 20.07B +2.81B +16.31%
2006 17.25B +1.25B +7.84%
2005 16B +735M +4.82%
2004 15.26B +2.38B +18.49%
2003 12.88B +2.61B +25.41%
2002 10.27B +48.76M +0.48%
2001 10.22B −51.71M −0.5%
2000 10.27B −840M −7.56%
1999 11.11B +780M +7.55%
1998 10.33B +468M +4.74%
1997 9.87B −1.43B −12.65%
1996 11.29B −146M −1.27%
1995 11.44B +1.35B +13.35%
1994 10.09B +51.16M +0.51%
1993 10.04B −2.21B −18.03%
1992 12.25B +570M +4.88%
1991 11.68B −14.77M −0.13%
1990 11.7B +2.39B +25.71%
1989 9.3B +403M +4.52%
1988 8.9B +979M +12.36%
1987 7.92B +1.65B +26.33%
1986 6.27B +1.19B +23.5%
1985 5.08B +226M +4.65%
1984 4.85B +80.98M +1.7%
1983 4.77B −185M −3.74%
1982 4.96B −21.51M −0.43%
1981 4.98B −531M −9.63%
1980 5.51B +597M +12.16%
1979 4.91B +1.44B +41.5%
1978 3.47B +662M +23.56%
1977 2.81B +288M +11.42%
1976 2.52B +413M +19.58%
1975 2.11B +140M +7.12%
1974 1.97B +447M +29.37%
1973 1.52B +265M +21.11%
1972 1.26B +356M +39.48%
1971 901M +41.47M +4.83%
1970 859M +53.43M +6.63%
1969 806M +137M +20.48%
1968 669M +123M +22.5%
1967 546M −15.03M −2.68%
1966 561M +122M +27.65%
1965 439M +52.61M +13.6%
1964 387M +70.3M +22.21%
1963 317M +7.73M +2.5%
1962 309M +69.44M +29.01%
1961 239M +6.51M +2.8%
1960 233M

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.