Military expenditure in dollars — all countries

Military expenditure in dollars — Southern Europe

Military expenditure in dollars in Southern Europe in 2024 — 81,677,323,759 US$. Since 2002, the indicator has risen by 100.5%.

2024 81.68B US$ +5.56% vs 2023
World rank
Period maximum 81.68B US$2024
Period minimum 40.74B US$2002

Trend over time

2002–2024 · US$

Military expenditure in dollars — Southern Europe, 2002–202440B60B80B100B200220052008201120142017202020232002: 40,741,554,146 US$2003: 49,392,020,798 US$2004: 57,074,101,807 US$2005: 58,358,522,189 US$2006: 60,337,884,994 US$2007: 67,174,650,236 US$2008: 77,344,761,667 US$2009: 72,232,532,789 US$2010: 66,769,867,336 US$2011: 67,775,878,788 US$2012: 60,619,225,513 US$2013: 59,190,208,058 US$2014: 56,564,765,769 US$2015: 47,375,753,857 US$2016: 49,824,710,019 US$2017: 53,069,580,329 US$2018: 58,464,326,638 US$2019: 55,718,333,896 US$2020: 62,999,533,968 US$2021: 72,792,459,317 US$2022: 71,737,033,427 US$2023: 77,375,934,574 US$2024: 81,677,323,759 US$
Change over the period: +40.94B (+100.48%) Average annual rate: 3.21 %

Comparison, 2024

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

Southern Europe 81.68B US$
World 2.65T US$
Military expenditure in dollars — Southern Europe, by year Southern Europe All countries CSV XLSX
Year US$ Change Change, %
2024 81.68B +4.3B +5.56%
2023 77.38B +5.64B +7.86%
2022 71.74B −1.06B −1.45%
2021 72.79B +9.79B +15.54%
2020 63B +7.28B +13.07%
2019 55.72B −2.75B −4.7%
2018 58.46B +5.39B +10.17%
2017 53.07B +3.24B +6.51%
2016 49.82B +2.45B +5.17%
2015 47.38B −9.19B −16.25%
2014 56.56B −2.63B −4.44%
2013 59.19B −1.43B −2.36%
2012 60.62B −7.16B −10.56%
2011 67.78B +1.01B +1.51%
2010 66.77B −5.46B −7.56%
2009 72.23B −5.11B −6.61%
2008 77.34B +10.17B +15.14%
2007 67.17B +6.84B +11.33%
2006 60.34B +1.98B +3.39%
2005 58.36B +1.28B +2.25%
2004 57.07B +7.68B +15.55%
2003 49.39B +8.65B +21.23%
2002 40.74B

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.