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Military Expenditure (Local Currency) rose 12.8% to EUR 14.3 bil in Spain in 2017

Military Expenditure (Local Currency) (EUR bil), 2017
Military & Defense | Spain | December 31, 2020
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Military expenditure in local currency rose 12.8% to EUR 14.3 bil in Spain in 2017, according to the SIPRI Military Expenditure Database.

Historically, military expenditure in local currency in Spain reached an all time high of EUR 15.2 bil in 2008 and an all time low of EUR 0.084 bil in 1960. When compared to Spain's main peers, military expenditure in local currency in France amounted to EUR 43.8 bil, EUR 23.6 bil in Italy, MAD 33.8 bil in Morocco and EUR 3.28 bil in Portugal in 2017.

Spain has been ranked 85th within the group of 151 countries we follow in terms of military expenditure in local currency, 13 places below the position seen 10 years ago.

Military Expenditure (Local Currency) Unit 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Algeria DZD bil 1,118 1,118 1,118 1,230 1,230
Austria EUR bil 2.61 2.80 2.87 2.98 3.37
Belgium EUR bil 3.85 3.93 4.10 4.25 4.67
France EUR bil 42.8 43.8 43.6 44.8 46.3
Germany EUR bil 36.1 37.7 39.4 43.8 46.8
Ireland EUR bil 0.906 0.914 0.938 0.994 1.00
Italy EUR bil 22.6 23.6 24.1 23.6 28.9
Mauritania MRO bil ... ... ... 4.84 5.16 5.68 5.91 7.47
Morocco MAD bil 32.6 33.8 34.7 35.5 45.9
Portugal EUR bil 2.87 2.42 2.75 2.95 2.87
Slovenia EUR bil 0.406 0.422 0.449 0.512 0.498
Spain EUR bil 12.7 14.3 15.1 15.4 15.3
Switzerland CHF bil 4.51 4.56 4.63 4.99 6.00
Tunisia THD bil 2.12 2.07 2.23 2.93 3.24