Greece Military Spending
Greece spends an estimated 3.1% of GDP on its military in 2026; its most recent reported expenditure in US dollars is $7.8 billion (2025).
Defense budget and military expenditure data (1949–2027)
Data updated: July 7, 2026
Key Facts (2026 estimate)
Military Expenditure
$8.2 billion
Ranked #36 of 153 countries worldwide
Percent of GDP
3.1%
Ranked #36 of 163 countries by % of GDP
Year-over-Year Change
+5.0%
From $7.8B in 2025
Historical Peak Spending
$10.3 billion
Reached in 2009
How the 2026 figures are produced. The share-of-GDP figure is a per-country estimate researched from announced and enacted national defence budgets. The dollar figure is not a per-country forecast — it is the actual SIPRI figure for 2025 raised by a flat 5%, the same rate applied to every country in this group, so it can rise even where the share-of-GDP path falls. Actual SIPRI figures for Greece run to 2025.
Greece Defense Budget Summary
In 2026, Greece is estimated to have spent $8.2 billion on military and defense, representing 3.1% of the country's Gross Domestic Product (GDP). This budget covers the armed forces including army, navy, and air force expenditures. Greece is the #36 highest military spender in the world by absolute spending.
Compared to the previous year (2025), defense spending increased by 5.0%, from $7.8 billion to $8.2 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 2024 US dollars. Data for 2026 is an estimate based on government budget announcements.
Historical Military Spending
Military Spending (% of GDP)
Military Spending (USD Billions, 2024 prices)
Historical Data
| Year | Percent of GDP | USD (millions) |
|---|---|---|
| 2027(estimate) | 3.30% | $8,587M |
| 2026(estimate) | 3.10% | $8,197M |
| 2025 | 2.99% | $7,806M |
| 2024 | 2.88% | $7,392M |
| 2023 | 2.89% | $7,221M |
| 2022 | 4.02% | $9,567M |
| 2021 | 3.80% | $8,854M |
| 2020 | 3.02% | $6,468M |
| 2019 | 2.60% | $6,063M |
| 2018 | 2.70% | $6,167M |
| 2017 | 2.56% | $5,769M |
| 2016 | 2.57% | $5,774M |
| 2015 | 2.48% | $5,543M |
| 2014 | 2.37% | $5,227M |
| 2013 | 2.39% | $5,270M |
| 2012 | 2.48% | $5,643M |
| 2011 | 2.52% | $6,380M |
| 2010 | 2.76% | $7,925M |
| 2009 | 3.27% | $10,312M |
| 2008 | 3.02% | $9,836M |
| 2007 | 2.72% | $8,848M |
| 2006 | 2.83% | $8,855M |
| 2005 | 2.90% | $8,516M |
| 2004 | 2.67% | $7,876M |
| 2003 | 2.56% | $7,163M |
| 2002 | 3.17% | $8,361M |
| 2001 | 3.36% | $8,524M |
| 2000 | 3.59% | $8,716M |
| 1999 | 3.49% | $8,258M |
| 1998 | 3.46% | $7,888M |
| 1997 | 3.30% | $7,238M |
| 1996 | 3.24% | $6,793M |
| 1995 | 3.10% | $6,409M |
| 1994 | 3.58% | $6,274M |
| 1993 | 3.60% | $6,168M |
| 1992 | 3.63% | $6,319M |
| 1991 | 3.48% | $6,081M |
| 1990 | 3.80% | $6,412M |
| 1989 | 3.77% | $6,342M |
| 1988 | 4.20% | $6,764M |
| 1987 | 4.26% | $6,396M |
| 1986 | 4.13% | $6,410M |
| 1985 | 4.69% | $7,502M |
| 1984 | 4.84% | $7,559M |
| 1983 | 5.17% | $7,701M |
| 1982 | 5.63% | $8,442M |
| 1981 | 5.74% | $8,273M |
| 1980 | 4.66% | $6,990M |
| 1979 | 5.18% | $8,081M |
| 1978 | 5.58% | $8,342M |
| 1977 | 5.92% | $8,167M |
| 1976 | 5.83% | $7,704M |
| 1975 | 5.85% | $7,040M |
| 1974 | 4.82% | $5,473M |
| 1973 | 3.52% | $4,406M |
| 1972 | 3.96% | $4,382M |
| 1971 | 4.12% | $4,110M |
| 1970 | 4.20% | $3,889M |
| 1969 | 4.79% | $3,604M |
| 1968 | 4.69% | $3,184M |
| 1967 | 4.35% | $2,727M |
| 1966 | 3.58% | $2,118M |
| 1965 | 3.50% | $1,951M |
| 1964 | 3.57% | $1,804M |
| 1963 | 3.82% | $1,735M |
| 1962 | 4.05% | $1,693M |
| 1961 | 4.24% | $1,664M |
| 1960 | 4.86% | $1,721M |
| 1959 | 4.86% | $1,620M |
| 1958 | 4.77% | $1,564M |
| 1957 | 5.00% | $1,589M |
| 1956 | 5.94% | $1,525M |
| 1955 | 5.11% | $1,181M |
| 1954 | 5.49% | $1,161M |
| 1953 | 5.11% | $1,078M |
| 1952 | 6.43% | $1,127M |
| 1951 | 6.64% | $1,167M |
| 1950 | 6.01% | $991M |
| 1949 | 5.91% | $884M |