Portugal Military Expenditure

1.5% +0.1%

Dec 2024 · Annual

Military Expenditure in Portugal rose to 1.5% in Dec 2024 from 1.5% in Dec 2023.

Portugal Military Expenditure, 1990–2024
ActualPreviousHighestLowestDatesFrequency
1.5%1.5%4.5%Dec 19681.2%Dec 20171960 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Government Debt to GDP89.9%93.5%134.1%54.2%Dec 2025Annual
Military Expenditure (USD)$4.6B$4.2B$4.6B$79.4MDec 2024Annual

About this series

Military Expenditure in Portugal averaged 1.5% from 1960 until 2024, reaching an all-time high of 4.5% in Dec 1968 and a record low of 1.2% in Dec 2017. The series is reported yearly with history from 1960.

Source & methodology

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

FAQ

Portugal Military Expenditure FAQ