Military expenditure in Spain
Spain: Military expenditure was 22.76 billion current LCU in 2024. ◆ Volatile
Military expenditure in Spain, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
Spain recorded 22.76 billion current LCU for military expenditure in 2024. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 3.2% on the previous year and up 75.7% over ten years.
Over the whole period, military expenditure in Spain peaked at 22.76 billion current LCU in 2024 and was at its lowest, 83.96 million current LCU, in 1960.
Spain ranks 96th of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 171.86 million current LCU | 83.96 million current LCU | 338.97 million current LCU | 10 |
| 1970s | 904.17 million current LCU | 361.45 million current LCU | 1.98 billion current LCU | 10 |
| 1980s | 4.64 billion current LCU | 2.37 billion current LCU | 6.62 billion current LCU | 10 |
| 1990s | 8.34 billion current LCU | 7.16 billion current LCU | 10.43 billion current LCU | 10 |
| 2000s | 12.82 billion current LCU | 10.91 billion current LCU | 15.17 billion current LCU | 10 |
| 2010s | 14.08 billion current LCU | 12.67 billion current LCU | 15.35 billion current LCU | 10 |
| 2020s | 19.19 billion current LCU | 15.29 billion current LCU | 22.76 billion current LCU | 5 |
Countries ranked near Spain
- 93 Italy 35.10 billion current LCU compare
- 94 Mozambique 28.75 billion current LCU compare
- 95 Afghanistan 23.04 billion current LCU compare
- 97 Netherlands 21.43 billion current LCU compare
- 98 North Macedonia 20.13 billion current LCU compare
- 99 Singapore 20.13 billion current LCU compare
More public sector data for Spain
- Arms imports 148.00 million SIPRI trend indicator values (2024)
- Tax revenue 14.9% (2024)
- Taxes on income, profits and capital gains 22.0% (2024)
- Taxes on goods and services 25.0% (2024)
- Net investment in nonfinancial assets 0.7% (2024)
- Net lending (+) / net borrowing (-) -3.2% (2024)
- Interest payments 6.5% (2024)
- Grants and other revenue 11.5% (2024)
- Interest payments 5.9% (2023)
- Other taxes 0.1% (2024)
Frequently asked questions
- What is military expenditure in Spain?
- Military expenditure in Spain was 22.76 billion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Spain?
- The highest recorded value was 22.76 billion current LCU in 2024.
- What is the lowest military expenditure recorded in Spain?
- The lowest recorded value was 83.96 million current LCU in 1960.
- How does Spain rank for military expenditure?
- Spain ranks 96th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Spain?
- Over the last ten years it is up 75.7%. The long-run trend across the full record is volatile.
- Where does this Spain data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Military expenditure in local currency at current prices (by calendar year)