Portugal Military Spending

Portugal spends an estimated 2.3% of GDP on its military in 2026; its most recent reported expenditure in US dollars is $5.5 billion (2025).

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

$5.5 billion

Reached in 2025

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 Portugal run to 2025.

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

Frequently Asked Questions

How much does Portugal spend on military?
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.
What is Portugal's defense budget in 2026?
Portugal's 2026 defense budget is an estimated $5.8 billion in constant 2024 US dollars (estimate: the last reported figure carried forward at a flat rate, not an announced budget).
What percentage of GDP does Portugal spend on defense?
In 2026, Portugal spends an estimated 2.3% of GDP on its military. The historical average military budget is 2.3% of GDP.
Where does Portugal rank in military spending worldwide?
In 2026, Portugal ranks #47 of 153 countries by absolute military spending and #63 of 163 by share of GDP, based on 2026 spending estimates.
Is Portugal's military spending increasing or decreasing?
Portugal's military spending increased 5.0% year over year, from $5.5 billion in 2025 to $5.8 billion in 2026.

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