Portugal Military Spending

Defense budget and military expenditure data (1949–2026)

Key Facts (2026 estimate)

Military Expenditure

$5.0 billion

Ranked #48 of 148 countries worldwide

Percent of GDP

1.8%

Ranked #82 of 157 countries by % of GDP

Year-over-Year Change

+4.8%

From $4.7B in 2025

Historical Peak Spending

$5.0 billion

Reached in 2026

Portugal Defense Budget Summary

In 2026, Portugal is estimated to have spent $5.0 billion on military and defense, representing 1.8% of the country's Gross Domestic Product (GDP). This budget covers the armed forces including army, navy, and air force expenditures. Portugal is the #48 highest military spender in the world by absolute spending.

Compared to the previous year (2025), defense spending increased by 4.8%, from $4.7 billion to $5.0 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 2.2% 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

YearPercent of GDPUSD (millions)
2026(estimate)1.80%$4,975M
2025(estimate)1.60%$4,749M
20241.53%$4,523M
20231.47%$4,236M
20221.39%$3,821M
20211.52%$3,990M
20201.43%$3,528M
20191.37%$3,626M
20181.34%$3,395M
20171.24%$3,022M
20161.54%$3,633M
20151.33%$3,032M
20141.31%$2,892M
20131.44%$3,131M
20121.40%$3,023M
20111.49%$3,450M
20101.49%$3,638M
20091.53%$3,714M
20081.42%$3,471M
20071.38%$3,395M
Showing most recent 20 years of 78 total years of data.