Greece Military Spending/Defense Budget 1960-2022

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Greece military spending/defense budget for 2020 was $5.30B, a 3.11% decline from 2019.
  • Greece military spending/defense budget for 2019 was $5.47B, a 4.96% decline from 2018.
  • Greece military spending/defense budget for 2018 was $5.76B, a 13.15% increase from 2017.
  • Greece military spending/defense budget for 2017 was $5.09B, a 2.51% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $778.23B
United Kingdom $59.24B
Saudi Arabia $57.52B
Germany $52.76B
France $52.75B
Japan $49.15B
South Korea $45.74B
Italy $28.92B
Australia $27.54B
Canada $22.75B
Israel $21.70B
Spain $17.43B
Poland $13.03B
Netherlands $12.58B
Singapore $10.86B
Norway $7.11B
Kuwait $6.94B
Oman $6.73B
Sweden $6.45B
Switzerland $5.70B
Belgium $5.46B
Greece $5.30B
Denmark $4.95B
Portugal $4.64B
Chile $4.60B
Finland $4.09B
Austria $3.60B
Czech Republic $3.25B
New Zealand $3.01B
Argentina $2.91B
Hungary $2.41B
Slovak Republic $1.84B
Bahrain $1.40B
Lithuania $1.17B
Uruguay $1.16B
Ireland $1.14B
Croatia $1.03B
Latvia $0.76B
Estonia $0.70B
Slovenia $0.57B
Luxembourg $0.49B
Brunei $0.44B
Cyprus $0.42B
Trinidad and Tobago $0.16B
Malta $0.08B
Seychelles $0.02B
Iceland $0.00B
Panama $0.00B
Greece Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2020 $5.30B 2.80%
2019 $5.47B 2.66%
2018 $5.76B 2.71%
2017 $5.09B 2.56%
2016 $4.96B 2.58%
2015 $4.82B 2.47%
2014 $5.53B 2.35%
2013 $5.66B 2.37%
2012 $5.91B 2.44%
2011 $7.13B 2.52%
2010 $8.16B 2.75%
2009 $10.64B 3.22%
2008 $10.57B 2.98%
2007 $8.53B 2.68%
2006 $7.61B 2.78%
2005 $7.03B 2.84%
2004 $6.27B 2.61%
2003 $5.04B 2.49%
2002 $4.73B 3.08%
2001 $4.43B 3.25%
2000 $4.56B 3.47%
1999 $5.01B 3.36%
1998 $4.82B 3.53%
1997 $4.57B 3.37%
1996 $4.61B 3.31%
1995 $4.18B 3.17%
1994 $3.59B 3.58%
1993 $3.36B 3.60%
1992 $3.62B 3.63%
1991 $3.15B 3.48%
1990 $3.19B 3.80%
1989 $2.56B 3.77%
1988 $2.75B 4.20%
1987 $2.40B 4.26%
1986 $2.00B 4.13%
1985 $1.93B 4.69%
1984 $1.99B 4.84%
1983 $2.20B 5.17%
1982 $2.64B 5.63%
1981 $2.58B 5.74%
1980 $2.28B 4.66%
1979 $2.42B 5.18%
1978 $2.12B 5.58%
1977 $1.84B 5.92%
1976 $1.56B 5.83%
1975 $1.43B 5.85%
1974 $1.05B 4.82%
1973 $0.67B 3.52%
1972 $0.57B 3.96%
1971 $0.52B 4.12%
1970 $0.47B 4.20%
1969 $0.43B 4.79%
1968 $0.37B 4.69%
1967 $0.31B 4.35%
1966 $0.24B 3.58%
1965 $0.21B 3.50%
1964 $0.19B 3.57%
1963 $0.18B 3.82%
1962 $0.17B 4.05%
1961 $0.17B 4.24%
1960 $0.17B 4.86%