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Greece Military Spending

Military expenditure as % of GDP  MS.MIL.XPND.GD.ZS

Greece's military spending was 3.15% in 2025, ranked 23rd globally. This represents a 0.9% increase from 2024. Data from World Bank, covering 1960–2025.

3.15% +0.03% (+0.9%)
Year 2025 Rank #23 Global Peak 5.92% (1977) Source World Bank

Greece Military Spending (1960–2025)

Overview

Greece's military spending stood at 3.15% in 2025, a rise of +0.03% from 2024. Based on recent trends, this figure is projected to reach 3.15% by 2025. Greece ranked 23rd globally.

Greece’s military expenditure has declined markedly since the late‑1970s, falling from an all‑time peak of 5.92 % of GDP in 1977 to a historic trough of 2.37 % in 2014, before modestly rising to 3.15 % in 2025, which places it 23rd globally. Over the 66‑year series, the downward trajectory reflects the fiscal consolidation and defense‑budget cuts imposed after the sovereign‑debt crisis, while the recent uptick aligns with NATO‑mandated spending targets and regional security concerns. Greece’s 2025 level matches that of the Kyrgyz Republic and is only slightly below Lithuania’s 3.33 % share, yet remains above Brunei Darussalam’s 3.10 % and below the United States’ 3.25 % share. The modest rebound suggests a gradual re‑orientation toward meeting alliance commitments, but future trajectories will depend on domestic fiscal space and external security dynamics, which could either sustain the rise or prompt a return to lower spending levels.

Data & projection

Year Military Spending YoY change Rank
2027* trend 3.01% - -
2026* trend 3.08% - -
2025* trend 3.15% - -
2025 3.15% +0.03% #23
2024 3.13% +0.24% #126
2023 2.88% −1.12% #124
2022 4.00% +0.20% #137
2021 3.80% +0.78% #141
2020 3.02% +0.43% #127
2019 2.60% −0.10% #123
2018 2.70% +0.14% #128
2017 2.56% −0.02% #122
2016 2.57% +0.10% #121
2015 2.48% +0.11% #120
2014 2.37% −0.02% #121
2013 2.39% −0.09% #120
2012 2.48% −0.04% #119
2011 2.52% −0.24% #115
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 8.2% GDP growth 1.4% Unemployment 10.4%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Greece matched the Stagflation Risk pattern in 1996. Historically, 38% of countries showing this pattern (117 out of 307) saw military spending improve within 24 months. View full analysis →

The provided headline details Spain's $550M funding for the SpainSat NG-III satellite, replacing a lost predecessor, and focuses on Spain's defense and space infrastructure. This news does not contain any information or data points related to Greece's military spending, which currently stands at 3.15%. Therefore, no direct relationship or impact on Greece's military spending can be established from this development.

Frequently Asked Questions

What is Greece's military spending?▾

Greece's military spending was 3.15% in 2025. Ranked 23rd globally. This represents a 0.9% increase from the previous year.

What was the highest military spending in Greece?▾

Greece's military spending peaked at 5.92% in 1977.

What was the lowest military spending in Greece?▾

The lowest military spending in Greece was 2.37% in 2014.

How does Greece rank in military spending?▾

Greece ranks 23rd globally in military spending as of 2025.

What is the World Bank indicator code for military spending?▾

The World Bank indicator code is MS.MIL.XPND.GD.ZS. Data sourced from World Bank.

What is the projected military spending of Greece in 2025?▾

Greece's military spending is projected to reach 3.15% by 2025 based on trend extrapolation.

What is the military spending of Greece in 2025?▾

The military spending of Greece in 2025 was 3.15%. This ranks 23rd in the world.

Cite this page

APA
Greece Military Spending. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/greece/military-spending/
BibTeX
@misc{historysaid_greece_military-spending, title = {Greece Military Spending}, url = {https://historysaid.com/greece/military-spending/}, publisher = {HistorySaid}, year = {2026} }

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