Greece Military Spending
Defense budget and military expenditure data (1949–2026)
Key Facts (2026 estimate)
Military Expenditure
$8.6 billion
Ranked #32 of 148 countries worldwide
Percent of GDP
3.9%
Ranked #19 of 157 countries by % of GDP
Year-over-Year Change
+4.8%
From $8.2B in 2025
Historical Peak Spending
$10.0 billion
Reached in 2009
Greece Defense Budget Summary
In 2026, Greece is estimated to have spent $8.6 billion on military and defense, representing 3.9% of the country's Gross Domestic Product (GDP). This budget covers the armed forces including army, navy, and air force expenditures. Greece is the #32 highest military spender in the world by absolute spending.
Compared to the previous year (2025), defense spending increased by 4.8%, from $8.2 billion to $8.6 billion. This change in the military budget reflects growing defense priorities.
The highest percentage of GDP allocated to defense spending was 6.6% in 1951. The historical average military budget is 4.0% of GDP.
Data source: SIPRI Military Expenditure Database. Values are in constant 2023 US dollars. Data for 2026 is an estimate based on government budget announcements.
Historical Military Spending
Military Spending (% of GDP)
Military Spending (USD Billions, 2023 prices)
Historical Data
| Year | Percent of GDP | USD (millions) |
|---|---|---|
| 2026(estimate) | 3.90% | $8,564M |
| 2025(estimate) | 3.80% | $8,175M |
| 2024 | 3.13% | $7,786M |
| 2023 | 2.88% | $7,015M |
| 2022 | 4.00% | $9,294M |
| 2021 | 3.80% | $8,602M |
| 2020 | 3.02% | $6,284M |
| 2019 | 2.60% | $5,891M |
| 2018 | 2.70% | $5,991M |
| 2017 | 2.56% | $5,605M |
| 2016 | 2.57% | $5,609M |
| 2015 | 2.48% | $5,385M |
| 2014 | 2.37% | $5,078M |
| 2013 | 2.39% | $5,119M |
| 2012 | 2.48% | $5,482M |
| 2011 | 2.52% | $6,199M |
| 2010 | 2.76% | $7,699M |
| 2009 | 3.27% | $10,019M |
| 2008 | 3.02% | $9,556M |
| 2007 | 2.72% | $8,596M |