Netherlands Military Expenditure (USD)

$23.2B +$6.6B

Dec 2024 · Annual

Military expenditure in the Netherlands rose to 23.18 billion USD in 2024 from 16.62 billion USD in 2023. The figure marks an all-time high for the series, which dates back to 1960.

Netherlands Military Expenditure (USD), 1990–2024
ActualPreviousHighestLowestDatesFrequency
$23.2B$16.6B$23.2BDec 2024$454.7MDec 19601960 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Military Expenditure1.9%1.4%4.1%1.1%Dec 2024Annual
GDP$1.33T$1.21T$1.33T$13.3BDec 2025Annual

About this series

Military Expenditure (USD) in Netherlands averaged $10.0B from 1960 until 2024, reaching an all-time high of $23.2B in Dec 2024 and a record low of $454.7M in Dec 1960. The series is reported yearly with history from 1960.

Military expenditure measures annual spending on armed forces, defense ministries, and related activities in current USD. The data is reported annually and covers the period from 1960 onward.

Source & methodology

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

FAQ

Netherlands Military Expenditure (USD) FAQ