Belgium Military Expenditure (USD)

$8.6B +$932.1M

Dec 2024 · Annual

Belgium's military expenditure reached 8.56 billion USD in 2024, up from 7.63 billion USD in 2023. This is the highest level on record, surpassing all previous values since data collection began in 1960, when the low was 383 million USD.

Belgium Military Expenditure (USD), 1990–2024
ActualPreviousHighestLowestDatesFrequency
$8.6B$7.6B$8.6BDec 2024$383.2MDec 19601960 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Military Expenditure1.3%1.2%3.4%0.9%Dec 2024Annual
GDP$725.5B$671.0B$725.5B$11.8BDec 2025Annual

About this series

Military Expenditure (USD) in Belgium averaged $4.8B from 1960 until 2024, reaching an all-time high of $8.6B in Dec 2024 and a record low of $383.2M in Dec 1960. The series is reported yearly with history from 1960.

This indicator measures annual military expenditure by Belgium in current US dollars, without adjustment for inflation or purchasing power parity. Data are reported on a calendar-year basis. The series spans from 1960 to the present, providing a long-term view of defense spending trends.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

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