List of countries in Europe by military expenditures

This article lists military spending in European countries by varying methods including as a percentage of GDP per capita and as a total capital expenditure as listed by the Stockholm International Peace Research Institute unless otherwise stated or cited.

The share of total expenditure, the average defence spending was 2.5 % in 2021 in the EU and 2.4% in the euro area. As a share of GDP the average was 1.3% in the EU and in the euro area.^[1]

Total defence expenditure of the European Defence Agency (EDA) Member States was €214 billion in 2021, which was 1.5% of the 26 EDA Member States’ GDP, the same percentage as in 2020.^[2]

By GDP per capita

The European Defence Agency member state average spend on defence as a percentage of GDP was 1.5% in 2021.^[2]

Rank (lowest first)	Country	Percentage of GDP expenditure, 2022[3]
29	Albania	1.58%
1	Andorra	[a]
49	Armenia	4.32%
13	Austria	0.77%
50	Azerbaijan	4.55%
18	Belarus	1.20%
16	Belgium	1.18%
14	Bosnia and Herzegovina	0.81%
27	Bulgaria	1.51%
42	Croatia	2.17%
38	Cyprus	1.81%
22	Czech Republic	1.36%
24	Denmark	1.42%
41	Estonia	2.09%
35	Finland	1.72%
39	France	1.94%
25	Georgia	1.43%
23	Germany	1.39%
47	Greece	3.69%
28	Hungary	1.53%
5	Iceland (2021)	0.1%[1][b]
6	Ireland	0.23%
34	Italy	1.68%
10	Kazakhstan	0.51%
15	Kosovo	1.13%
40	Latvia	2.05%
8	Liechtenstein (assumed 2017)	0.4%[6][c]
46	Lithuania	2.52%
11	Luxembourg	0.70%
9	Malta	0.50%
7	Moldova	0.32%
1	Monaco	[d]
31	Montenegro	1.61%
29	Netherlands	1.58%
31	North Macedonia	1.61%
33	Norway	1.64%
45	Poland	2.39%
21	Portugal	1.35%
36	Romania	1.73%
48	Russia	4.06%
1	San Marino	[e]
44	Serbia	2.28%
37	Slovakia	1.76%
17	Slovenia	1.19%
26	Spain	1.47%
20	Sweden	1.31%
12	Switzerland	0.76%
19	Turkey	1.23%
51	Ukraine	33.55%
43	United Kingdom	2.23%
1	Vatican City	[e]

By total capital expenditure

Rank (lowest first)	Country	US $m (2021 value) in 2022[3]
14	Albania	296.6
1	Andorra	[a]
17	Armenia	634.3
33	Austria	3783.9
29	Azerbaijan	2664.8
20	Belarus	792.2
38	Belgium	7045.0
11	Bosnia and Herzegovina	187.7
24	Bulgaria	1336.5
25	Croatia	1341.2
15	Cyprus	514.6
32	Czech Republic	3707.1
36	Denmark	5737.7
18	Estonia	753.5
34	Finland	5089.5
48	France	56999.7
13	Georgia	292.7
49	Germany	57807.7
39	Greece	8347.5
30	Hungary	2774.0
1	Iceland	0.0[b]
23	Ireland	1207.7
46	Italy	34627.5
22	Kazakhstan	1079.47
10	Kosovo	108.0
21	Latvia	819.5
1	Liechtenstein	[c]
27	Lithuania	1656.1
16	Luxembourg	585.7
8	Malta	92.4
7	Moldova	40.1
1	Monaco	[d]
9	Montenegro	97.7
43	Netherlands	15670.8
12	North Macedonia	230.9
41	Norway	8960.3
44	Poland	16818.9
31	Portugal	3647.6
35	Romania	5161.1
51	Russia	71981.1
1	San Marino	[e]
26	Serbia	1443.5
28	Slovakia	2003.0
19	Slovenia	758.9
45	Spain	20979.2
40	Sweden	8491.5
37	Switzerland	6241.2
42	Turkey	11515.6
47	Ukraine	43983.2
50	United Kingdom	69998.7
1	Vatican City	[e]

See also

• List of sovereign states and dependent territories in Europe by GDP (PPP)
• List of European countries by fiscal balance
• List of metropolitan areas in the European Union by GDP
• List of European countries by budget revenues
• List of European countries by budget revenues per capita
• Economy of Europe
• World economy
• European Union
• OSCE countries statistics

References

Footnotes

This page was last edited on 13 March 2024, at 15:55