Portugal Military Expenditure (USD)

$4.6B +$405.5M

Dec 2024 · Annual

Military Expenditure (USD) in Portugal rose to $4.6B in Dec 2024 from $4.2B in Dec 2023.

Portugal Military Expenditure (USD), 1990–2024
ActualPreviousHighestLowestDatesFrequency
$4.6B$4.2B$4.6BDec 2024$79.4MDec 19601960 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Military Expenditure1.5%1.5%4.5%1.2%Dec 2024Annual
GDP$346.6B$313.7B$346.6B$3.3BDec 2025Annual

About this series

Military Expenditure (USD) in Portugal averaged $2.8B from 1960 until 2024, reaching an all-time high of $4.6B in Dec 2024 and a record low of $79.4M in Dec 1960. 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 (USD) FAQ