Spain—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #18 of 156Updated April 2026
Latest Value
$24.62B
2024
YoY Change
+3.3%
2023 → 2024
Global Rank
#18
of 156 countries
Maximum
$24.62B
2024
Minimum
$10.22B
2001
CAGR
+3.7%
25 years
Last
$24.62B
Previous
$23.82B
Highest
$24.62B
Lowest
$10.22B
Source
World Bank World Development Indicators
Spain's military expenditure (usd) was $24.62B in 2024, ranking #18 out of 156 countries. This represents a +3.3% change from 2023. Over the past 25 years, the highest recorded value was $24.62B (2024) and the lowest was $10.22B (2001). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $24.62B | +3.3% |
| 2023 | $23.82B | +17.3% |
| 2022 | $20.31B | +3.9% |
| 2021 | $19.54B | +12.1% |
| 2020 | $17.43B | +1.4% |
| 2019 | $17.19B | -3.6% |
| 2018 | $17.82B | +11.1% |
| 2017 | $16.04B | +14.5% |
| 2016 | $14.01B | -7.7% |
| 2015 | $15.19B | -11.6% |
| 2014 | $17.18B | -0.4% |
| 2013 | $17.24B | -8.6% |
| 2012 | $18.86B | -4.2% |
| 2011 | $19.70B | -0.1% |
| 2010 | $19.71B | -2.3% |
| 2009 | $20.18B | -9.2% |
| 2008 | $22.23B | +10.8% |
| 2007 | $20.07B | +16.3% |
| 2006 | $17.25B | +7.8% |
| 2005 | $16.00B | +4.8% |
| 2004 | $15.26B | +18.5% |
| 2003 | $12.88B | +25.4% |
| 2002 | $10.27B | +0.5% |
| 2001 | $10.22B | -0.5% |
| 2000 | $10.27B |
Top Countries — Military Expenditure (USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | United States | $997.31B | 2024 |
| 2 | China | $313.66B | 2024 |
| 3 | Russian Federation | $148.97B | 2024 |
| 4 | Germany | $88.46B | 2024 |
| 5 | India | $86.13B | 2024 |
| 6 | United Kingdom | $81.76B | 2024 |
| 7 | Saudi Arabia | $80.33B | 2024 |
| 8 | Ukraine | $64.70B | 2024 |
| 9 | France | $64.68B | 2024 |
| 10 | Japan | $55.27B | 2024 |