Military expenditure in dollars — all countries

Military expenditure in dollars — Western Europe

Military expenditure in dollars in Western Europe in 2024 — 197,726,863,739 US$. Since 1960, the indicator has risen by 2,686%.

2024 198B US$ +21.73% vs 2023
World rank
Period maximum 198B US$2024
Period minimum 7.1B US$1960

Trend over time

1960–2024 · US$

Military expenditure in dollars — Western Europe, 1960–2024050B100B150B200B19601967197419811988199520022009201620231960: 7,097,089,433 US$1962: 9,217,102,098 US$1964: 10,445,896,714 US$1966: 11,181,488,861 US$1968: 11,786,976,189 US$1970: 13,190,234,972 US$1972: 18,175,123,201 US$1974: 26,361,929,373 US$1976: 32,497,947,775 US$1978: 45,892,332,550 US$1980: 59,632,437,631 US$1982: 50,541,015,545 US$1984: 45,010,993,560 US$1986: 62,690,513,809 US$1988: 79,104,646,329 US$1990: 93,606,163,733 US$1992: 95,646,837,688 US$1994: 88,650,003,646 US$1996: 94,404,925,355 US$1998: 80,973,501,036 US$2000: 68,781,972,013 US$2002: 72,840,154,740 US$2004: 100,170,281,773 US$2006: 102,393,898,439 US$2008: 127,194,647,903 US$2010: 119,116,645,801 US$2012: 117,542,416,071 US$2014: 121,491,707,416 US$2016: 106,676,643,408 US$2018: 122,254,196,808 US$2020: 135,141,538,366 US$2022: 141,128,125,202 US$2024: 197,726,863,739 US$
Change over the period: +191B (+2,686.03%) Average annual rate: 5.34 %

Comparison, 2024

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

Western Europe 198B US$
World 2.65T US$
Military expenditure in dollars — Western Europe, by year Western Europe All countries CSV XLSX
Year US$ Change Change, %
2024 198B +35.29B +21.73%
2023 162B +21.31B +15.1%
2022 141B −4.84B −3.32%
2021 146B +10.83B +8.01%
2020 135B +10.11B +8.08%
2019 125B +2.78B +2.28%
2018 122B +10.23B +9.13%
2017 112B +5.35B +5.02%
2016 107B +2.55B +2.45%
2015 104B −17.37B −14.3%
2014 121B +1.26B +1.05%
2013 120B +2.69B +2.29%
2012 118B −7.5B −6%
2011 125B +5.93B +4.98%
2010 119B −7.2B −5.7%
2009 126B −880M −0.69%
2008 127B +12.47B +10.87%
2007 115B +12.33B +12.04%
2006 102B +2.11B +2.11%
2005 100B +112M +0.11%
2004 100B +10.69B +11.95%
2003 89.48B +16.64B +22.84%
2002 72.84B +5.26B +7.78%
2001 67.58B −1.2B −1.75%
2000 68.78B −10.46B −13.2%
1999 79.24B −1.73B −2.14%
1998 80.97B −1.15B −1.41%
1997 82.13B −12.28B −13%
1996 94.4B −4.07B −4.14%
1995 98.48B +9.83B +11.09%
1994 88.65B +1.38B +1.58%
1993 87.27B −8.38B −8.76%
1992 95.65B +4.77B +5.25%
1991 90.87B −2.73B −2.92%
1990 93.61B +17.4B +22.84%
1989 76.2B −2.9B −3.67%
1988 79.1B +2.31B +3.01%
1987 76.79B +14.1B +22.49%
1986 62.69B +17.22B +37.87%
1985 45.47B +460M +1.02%
1984 45.01B −3.81B −7.81%
1983 48.82B −1.72B −3.4%
1982 50.54B −1.88B −3.58%
1981 52.42B −7.21B −12.09%
1980 59.63B +5.67B +10.52%
1979 53.96B +8.07B +17.58%
1978 45.89B +8.9B +24.07%
1977 36.99B +4.49B +13.82%
1976 32.5B +896M +2.84%
1975 31.6B +5.24B +19.88%
1974 26.36B +2.88B +12.26%
1973 23.48B +5.31B +29.21%
1972 18.18B +3.28B +22%
1971 14.9B +1.71B +12.94%
1970 13.19B +798M +6.44%
1969 12.39B +605M +5.14%
1968 11.79B −206M −1.72%
1967 11.99B +811M +7.26%
1966 11.18B +467M +4.36%
1965 10.71B +269M +2.57%
1964 10.45B +382M +3.8%
1963 10.06B +846M +9.18%
1962 9.22B +1.41B +18.06%
1961 7.81B +710M +10%
1960 7.1B

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.