Portugal Military Spending/Defense Budget 1960-2024

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Portugal military spending/defense budget for 2021 was $4.91B, a 14.08% increase from 2020.
  • Portugal military spending/defense budget for 2020 was $4.30B, a 0.64% increase from 2019.
  • Portugal military spending/defense budget for 2019 was $4.28B, a 0.04% increase from 2018.
  • Portugal military spending/defense budget for 2018 was $4.27B, a 16.27% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $800.67B
United Kingdom $68.37B
France $56.65B
Germany $56.02B
Saudi Arabia $55.56B
Japan $54.12B
South Korea $50.23B
Italy $32.01B
Australia $31.75B
Canada $26.45B
Israel $24.34B
Spain $19.54B
Netherlands $13.75B
Poland $13.71B
Qatar $11.59B
Singapore $11.12B
Kuwait $9.02B
Norway $8.25B
Greece $8.08B
Sweden $7.89B
Belgium $6.31B
Chile $6.23B
Finland $5.90B
Oman $5.78B
Switzerland $5.74B
Denmark $5.39B
Portugal $4.91B
Czech Republic $3.94B
Austria $3.83B
New Zealand $3.39B
Hungary $2.78B
Argentina $2.59B
Slovak Republic $1.98B
Croatia $1.74B
Bahrain $1.38B
Ireland $1.27B
Uruguay $1.26B
Lithuania $1.24B
Latvia $0.83B
Estonia $0.76B
Slovenia $0.73B
Cyprus $0.52B
Luxembourg $0.46B
Brunei $0.45B
Trinidad and Tobago $0.21B
Malta $0.08B
Seychelles $0.02B
Iceland $0.00B
Panama $0.00B
Portugal Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2021 $4.91B 2.07%
2020 $4.30B 1.89%
2019 $4.28B 1.78%
2018 $4.27B 1.76%
2017 $3.68B 1.67%
2016 $4.13B 2.00%
2015 $3.57B 1.79%
2014 $4.11B 1.79%
2013 $4.72B 2.09%
2012 $4.14B 1.91%
2011 $4.90B 2.00%
2010 $4.72B 1.98%
2009 $4.95B 2.03%
2008 $4.81B 1.84%
2007 $4.37B 1.82%
2006 $4.07B 1.95%
2005 $4.04B 2.05%
2004 $3.72B 1.97%
2003 $3.11B 1.89%
2002 $2.60B 1.94%
2001 $2.32B 1.91%
2000 $2.20B 1.86%
1999 $2.41B 1.89%
1998 $2.34B 1.88%
1997 $2.39B 2.04%
1996 $2.60B 2.12%
1995 $2.67B 2.26%
1994 $2.17B 2.23%
1993 $2.19B 2.37%
1992 $2.53B 2.39%
1991 $2.12B 2.42%
1990 $1.88B 2.44%
1989 $1.46B 2.50%
1988 $1.35B 2.50%
1987 $1.13B 2.46%
1986 $0.94B 2.54%
1985 $0.65B 2.44%
1984 $0.63B 2.46%
1983 $0.69B 2.53%
1982 $0.80B 2.69%
1981 $0.84B 2.65%
1980 $0.87B 2.68%
1979 $0.70B 2.69%
1978 $0.62B 2.77%
1977 $0.58B 2.74%
1976 $0.62B 3.12%
1975 $0.78B 4.10%
1974 $0.99B 5.75%
1973 $0.68B 4.61%
1972 $0.59B 5.38%
1971 $0.52B 5.74%
1970 $0.44B 5.48%
1969 $0.37B 5.48%
1968 $0.37B 5.96%
1967 $0.33B 5.91%
1966 $0.26B 5.10%
1965 $0.23B 5.05%
1964 $0.22B 5.44%
1963 $0.20B 5.24%
1962 $0.20B 5.60%
1961 $0.17B 5.15%
1960 $0.11B 3.38%