Military spending as a share of GDP in Greece

Greece: Military spending as a share of GDP was 1.5% in 2019. ◆ Volatile

Latest (2019)
1.5%
Change on year
up 10.9%
World rank
73rd
of 172 countries
All-time high
23.9%
in 1921
All-time low
1.3%
in 2015
Years of data
190
1828–2019

Military spending as a share of GDP in Greece, 1828–2019

0510152025182819232019

Source: Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for military spending as a share of gdp in Greece is 1.5%, measured in 2019.

That represents a change of up 10.9% on the previous year and down 17.4% over ten years.

Over the whole period, military spending as a share of gdp in Greece peaked at 23.9% in 1921 and was at its lowest, 1.3%, in 2015.

Greece ranks 73rd of 172 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending as a share of GDP in Greece, year by year

Annual values for Military spending as a share of GDP in Greece, 1828 to 2019.
Year % of GDP Change
1828 4.2%
1829 4.5% +8.3%
1830 4.4% -2.0%
1831 5.1% +15.2%
1832 5.1% -0.6%
1833 5.3% +3.3%
1834 4.4% -16.2%
1835 4.1% -7.7%
1836 3.4% -15.7%
1837 3.4% -1.6%
1838 3.2% -5.6%
1839 3.2% -0.2%
1840 3.9% +21.7%
1841 3.7% -4.0%
1842 3.7% -0.8%
1843 3.9% +6.6%
1844 4.0% +1.3%
1845 3.9% -0.6%
1846 3.8% -4.6%
1847 3.8% +1.5%
1848 4.1% +7.4%
1849 4.1% -1.3%
1850 3.7% -9.1%
1851 3.4% -7.0%
1852 3.2% -6.8%
1853 2.9% -9.0%
1854 2.7% -6.5%
1855 2.7% -1.4%
1856 2.6% -2.5%
1857 2.3% -13.9%
1858 2.4% +5.4%
1859 2.6% +9.7%
1860 3.0% +13.5%
1861 2.4% -18.7%
1862 2.3% -4.4%
1863 2.2% -2.2%
1864 2.4% +5.5%
1865 1.9% -18.8%
1866 2.1% +10.2%
1867 2.2% +2.3%
1868 2.5% +15.4%
1869 2.8% +11.7%
1870 3.3% +18.2%
1871 3.2% -1.8%
1872 3.3% +2.2%
1873 3.4% +3.2%
1874 3.2% -7.3%
1875 3.2% +2.0%
1876 3.5% +8.5%
1877 3.5% +0.5%
1878 4.0% +12.0%
1879 4.0% +2.4%
1880 3.7% -8.7%
1881 3.4% -9.3%
1882 4.3% +27.7%
1883 4.9% +13.3%
1884 4.4% -8.4%
1885 4.1% -8.5%
1886 3.8% -6.3%
1887 3.2% -17.2%
1888 3.4% +8.2%
1889 3.9% +15.2%
1890 4.9% +24.9%
1891 3.8% -23.5%
1892 3.6% -4.3%
1893 3.3% -7.6%
1894 3.4% +2.1%
1895 3.6% +5.6%
1896 3.5% -2.0%
1897 3.9% +11.2%
1898 3.8% -1.8%
1899 4.0% +3.3%
1900 4.2% +5.4%
1901 3.9% -7.0%
1902 3.6% -7.2%
1903 3.4% -5.1%
1904 3.1% -8.8%
1905 3.1% +0.2%
1906 2.9% -8.3%
1907 2.8% -4.1%
1908 2.8% +1.9%
1909 2.9% +2.7%
1910 2.8% -1.5%
1911 2.6% -8.1%
1912 2.5% -5.1%
1913 9.5% +285.3%
1914 4.8% -49.4%
1915 5.0% +3.4%
1916 5.0% -0.6%
1917 12.0% +141.6%
1918 10.0% -16.7%
1919 10.1% +1.3%
1920 9.6% -4.8%
1921 23.9% +148.6%
1922 10.2% -57.5%
1923 7.0% -31.5%
1924 5.2% -25.9%
1925 4.6% -11.0%
1926 4.5% -1.1%
1927 3.7% -18.9%
1928 3.7% +1.5%
1929 3.2% -13.4%
1930 3.3% +1.1%
1931 3.2% -1.6%
1932 2.9% -10.9%
1933 2.2% -24.7%
1934 2.9% +34.7%
1935 3.3% +15.0%
1936 4.0% +20.2%
1937 4.0% -0.6%
1938 4.1% +2.6%
1939 4.7% +15.3%
1940 7.7% +62.2%
1941 11.3% +47.8%
1944 16.8% +48.5%
1945 19.1% +13.1%
1946 15.1% -20.6%
1947 10.4% -31.5%
1948 10.9% +5.3%
1949 13.3% +21.6%
1950 9.2% -30.5%
1951 9.5% +3.3%
1952 9.3% -2.2%
1953 6.7% -28.6%
1954 5.9% -11.9%
1955 5.1% -13.3%
1956 5.8% +14.4%
1957 5.1% -12.7%
1958 4.6% -9.5%
1959 4.1% -11.0%
1960 3.4% -16.2%
1961 3.1% -8.9%
1962 3.0% -4.7%
1963 2.6% -12.7%
1964 2.4% -6.8%
1965 2.5% +3.5%
1966 2.5% -2.1%
1967 2.7% +10.7%
1968 2.8% +3.0%
1969 2.8% -1.4%
1970 2.7% -2.7%
1971 2.4% -9.7%
1972 2.3% -4.9%
1973 2.2% -4.1%
1974 2.3% +4.9%
1975 3.1% +34.5%
1976 3.0% -4.4%
1977 2.8% -5.4%
1978 2.9% +3.6%
1979 3.0% +3.2%
1980 2.7% -11.3%
1981 2.8% +5.5%
1982 3.0% +5.2%
1983 2.7% -7.6%
1984 2.9% +5.4%
1985 2.5% -11.6%
1986 2.5% -1.3%
1987 2.4% -4.6%
1988 2.5% +4.8%
1989 2.3% -8.3%
1990 2.2% -3.7%
1991 2.1% -4.7%
1992 2.2% +4.9%
1993 2.2% +0.8%
1994 2.1% -7.4%
1995 2.3% +13.3%
1996 2.3% +0.2%
1997 2.2% -4.3%
1998 2.2% -3.8%
1999 2.0% -6.9%
2000 2.0% -2.6%
2001 1.8% -7.5%
2002 1.6% -9.0%
2003 1.5% -10.9%
2004 1.5% +1.9%
2005 1.6% +6.6%
2006 1.6% -0.9%
2007 1.7% +7.0%
2008 1.9% +9.9%
2009 1.8% -0.7%
2010 1.8% -3.7%
2011 1.7% -3.9%
2012 1.6% -8.5%
2013 1.5% -6.1%
2014 1.4% -1.2%
2015 1.3% -9.0%
2016 1.3% +0.0%
2017 1.3% +2.2%
2018 1.4% +1.9%
2019 1.5% +10.9%

Averages by decade

DecadeAverage LowestHighest Years
1820s 4.4% 4.2% 4.5% 2
1830s 4.2% 3.2% 5.3% 10
1840s 3.9% 3.7% 4.1% 10
1850s 2.8% 2.3% 3.7% 10
1860s 2.4% 1.9% 3.0% 10
1870s 3.5% 3.2% 4.0% 10
1880s 3.9% 3.2% 4.9% 10
1890s 3.8% 3.3% 4.9% 10
1900s 3.3% 2.8% 4.2% 10
1910s 6.4% 2.5% 12.0% 10
1920s 7.6% 3.2% 23.9% 10
1930s 3.5% 2.2% 4.7% 10
1940s 13.1% 7.7% 19.1% 8
1950s 6.5% 4.1% 9.5% 10
1960s 2.8% 2.4% 3.4% 10
1970s 2.7% 2.2% 3.1% 10
1980s 2.6% 2.3% 3.0% 10
1990s 2.2% 2.0% 2.3% 10
2000s 1.7% 1.5% 2.0% 10
2010s 1.5% 1.3% 1.8% 10

Countries ranked near Greece

  1. 70 Honduras 1.6% compare
  2. 71 Chad 1.6% compare
  3. 72 Niger 1.6% compare
  4. 74 Uganda 1.5% compare
  5. 75 Lesotho 1.5% compare
  6. 76 Bolivia, Plurinational State of 1.5% compare

See the full ranking of 172 places →

More economy & growth data for Greece

All data for Greece →

Frequently asked questions

What is military spending as a share of gdp in Greece?
Military spending as a share of gdp in Greece was 1.5% in 2019, according to Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending as a share of gdp recorded in Greece?
The highest recorded value was 23.9% in 1921.
What is the lowest military spending as a share of gdp recorded in Greece?
The lowest recorded value was 1.3% in 2015.
How does Greece rank for military spending as a share of gdp?
Greece ranks 73rd out of 172 countries with data for 2019.
Is military spending as a share of gdp rising or falling in Greece?
Over the last ten years it is down 17.4%. The long-run trend across the full record is volatile.
Where does this Greece data come from?
The figures come from Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending as a share of GDP. Statizoid updates them automatically from the source API.

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Military spending as a share of GDP in Greece. Statizoid, drawing on Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 31 August 2026, from https://economy.statizoid.com/stat/military-spending-as-a-share-of-gdp-gmsd/greece/

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About this data

Indicator
Military spending as a share of GDP
Unit
% of GDP
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 14,793 data points, 1816–2019
Last refreshed

Military spending measured as a percentage of gross domestic product (GDP).