Portugal Military Spending

Defense budget and military expenditure data (1949–2027)

Data updated: July 7, 2026

Key Facts (2026 estimate)

Military Expenditure

$5.8 billion

Ranked #47 of 153 countries worldwide

Percent of GDP

2.3%

Ranked #63 of 163 countries by % of GDP

Year-over-Year Change

+5.0%

From $5.5B in 2025

Historical Peak Spending

$6.1 billion

Reached in 2027

Portugal Defense Budget Summary

In 2026, Portugal is estimated to have spent $5.8 billion on military and defense, representing 2.3% of the country's Gross Domestic Product (GDP). This budget covers the armed forces including army, navy, and air force expenditures. Portugal is the #47 highest military spender in the world by absolute spending.

Compared to the previous year (2025), defense spending increased by 5.0%, from $5.5 billion to $5.8 billion. This change in the military budget reflects growing defense priorities.

The highest percentage of GDP allocated to defense spending was 4.5% in 1968. The historical average military budget is 2.3% 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

YearPercent of GDPUSD (millions)
2027(estimate)2.60%$6,055M
2026(estimate)2.30%$5,780M
20251.71%$5,505M
20241.44%$4,524M
20231.21%$3,621M
20221.36%$3,831M
20211.52%$4,092M
20201.44%$3,646M
20191.38%$3,724M
20181.39%$3,608M
20171.46%$3,651M
20161.57%$3,792M
20151.58%$3,687M
20141.50%$3,395M
20131.68%$3,748M
20121.82%$4,027M
20111.57%$3,725M
20101.60%$4,014M
20091.55%$3,846M
20081.42%$3,562M
20071.38%$3,484M
20061.51%$3,711M
20051.59%$3,846M
20041.51%$3,569M
20031.43%$3,337M
20021.46%$3,435M
20011.45%$3,343M
20001.41%$3,213M
19991.43%$3,120M
19981.42%$2,966M
19971.54%$3,029M
19961.60%$2,969M
19951.71%$3,078M
19941.68%$2,866M
19931.79%$2,946M
19921.81%$3,043M
19911.83%$2,964M
19901.84%$2,875M
19891.89%$2,797M
19881.89%$2,665M
19871.86%$2,400M
19861.92%$2,306M
19851.84%$2,050M
19841.86%$2,027M
19831.91%$2,178M
19822.04%$2,265M
19812.00%$2,261M
19802.03%$2,272M
19792.03%$2,095M
19782.09%$2,062M
19772.07%$2,041M
19762.36%$2,216M
19753.10%$2,767M
19744.34%$4,204M
19733.48%$3,586M
19724.06%$3,794M
19714.33%$3,786M
19704.14%$3,472M
19694.14%$3,120M
19684.50%$3,324M
19674.46%$3,157M
19663.85%$2,572M
19653.81%$2,441M
19644.11%$2,440M
19633.96%$2,238M
19624.23%$2,292M
19613.89%$2,016M
19602.56%$1,257M
19592.60%$1,209M
19582.44%$1,077M
19572.47%$1,053M
19562.48%$1,025M
19552.60%$1,033M
19542.58%$965M
19532.49%$918M
1952$793M
1951$726M
19502.34%$699M
1949$650M

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