Military Spending / Portugal
Portugal Military Spending
Portugal military spending data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 1.53%.
COUNTRY: Portugal
UNIT: percent of GDP
SOURCE: World Bank / public data sources
UPDATED: 2026-08-31 05:08:12
GM ECONOMY RATING
Portugal · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
BB
60 / 100
Moderate stability
Fiscal stability
15.0 / 25
Macroeconomic stability
15.0 / 20
External stability
6.0 / 15
Financial robustness
3.0 / 15
Structural stability
14.0 / 15
Future capacity
8.0 / 10
Demographic capacity
2.0 / 5
Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 100% of weighted inputs available.
Time range:
Selected year: · Value:
Portugal · military spending data as percent of GDP.
Latest
1.53%
Previous
1.47%
Range avg.
1.42%
Rank
63
Countries by military spending
full rankingGM ECONOMY
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CountryPortugal
IndicatorMilitary Spending
1.53%2024 · Rank 63
Chart range
All indicators
Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
Portugal recorded 1.53% for Military Spending in 2024, the latest available observation in this dataset.
Compared with 2023, the indicator increased by 0.07 percentage points, from 1.47% to 1.53%.
The latest observation is above the average of the last 10 available observations (1.42%).
Across the five latest available observations (2020–2024), the pattern is predominantly upward.
Within the last 10 available observations, the low was 1.24% in 2017 and the high was 1.54% in 2016.
Comparison
Related indicators
Government DebtGC.DOD.TOTL.GD.ZS
Government SpendingNE.CON.GOVT.ZS
Government ExpenseGC.XPN.TOTL.GD.ZS
Government RevenueGC.REV.XGRT.GD.ZS
Tax RevenueGC.TAX.TOTL.GD.ZS
Fiscal BalanceGC.BAL.CASH.GD.ZS