Military Expenditure in Spain increased to 19544.50 USD Million in 2021 from 17431.80 USD Million in 2020. source: SIPRI

Military Expenditure in Spain averaged 7753.40 USD Million from 1949 until 2021, reaching an all time high of 22227.70 USD Million in 2008 and a record low of 144.50 USD Million in 1949. Spain Military Expenditure - values, historical data and charts - was last updated on December of 2022.

Military Expenditure in Spain is expected to reach 15021.76 USD Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Military Expenditure is projected to trend around 15116.59 USD Million in 2023 and 14773.70 USD Million in 2024, according to our econometric models.

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Spain Military Expenditure

Related Last Previous Unit Reference
Military Expenditure 19544.50 17431.80 USD Million Dec 2021